The Sun.
London, England, 1851-08-21 00:00:00

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r •
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N°. 18 381.] L ,;c.. .
ONDON THURSDAY

BRITANNIA LIFE ASSURANCE
COMPANY.
1, Princes-street, Bank, London.
Empowered by special Act of Parliament, 4th Yid., cap. 9.
DIRECTORS.
CHAIRMAN— Colonel ROBERT ALEXINDEP., Blackheath Park,
Kent.
Bardgett, Earl., 119, Fenchurch-street.
Gorge Bev'nzton, Esq.. Neckingsr Nfills, Bermondsey.
F. P. Cockerlll, Esq., Shadwell, and Twickenham.
George Co en, Esq., Shacklervell-lane.
Miles Coventry Esq., Wnite Hart-court, Lombard•street.
John Drewel.t, Eeq., 4, Princes-street, Bank.
Erasmus Robert Foster, Esq., Cold Harbour-lane, Camberwell.
T. S. rimier, Esq., 7, Tokeuhouse-yard.
H. L. Smale, Esq., Doctors'-commons.

BANKERS.
Messrs. Drewett, Fowler, and Fowler, 4, Princer.-street, Bank.
SOLICITORS.
Messrs. 3l'Leod and Stenning, Lou ion-street, Fenchurch.street.
ADVANTAGES OF THIS INSTITUTION.
Halt Credit Rates of Premium.
Persons assured according to these rates are allowed credit (with-
out security) for half the amount of the first seven annual premiums,
paying interest thereon at the rate of five per cent. per annum, with
the option of paying off the arrears of premiums, at any time, or
having the amount deducted from the sum assured should the policy
become a claim.

For Securing Loans and Debts.
A Table adapted especially for the securing of Loans and Debts, by
which the fullest security is obtained on very low, but gradually in-
creasing premiums.
Policies revkved, without the exaction of a fine, at any time within
twelve months, if health remain unimpaired.
A Board of Directors in attendance daily at Two o'clock.
Age of the Assured in every case admitted in the Policy.
Medical attendants remunerated in all cases for their reports.
Extract from the Half Credit Rates of Premium.
Annual Premium required for as Assurance of 1001. for the whole
Term of Life.

Half Premium for Whole Premium after
Seven Years- --gem ;rears.
s. d. £ s. d.
119 2 3 6
1 9 2 2 18 4
226 4 5 0
3 6 8 6 13 4

30
40

E. R. FOSTER, Resident Director.
ANDREW FRANCIS, Secretary.
Detailed prospectuses, and every requisite information as to the
mode of effecing assurances, may be obtained upon appl at
the office, 1, Princes-street, Bank, London; or of the severalication agents
throughout the country.

BRITISH COLLEGE of HEALTH,
NEW-ROAD, LONDON.
MORISON'S VEGET ‘BLE UNIVERSAL MEDICINE.
None are genuine unless they come direct from the College. as
ab:•ve, with the words "Morison's Universal Medicines," engraved
on the Government Stamp.
See List of duly authorised Agents. This caution is highly neces-
sary. No chemists or druggists are authorised to sell Morison's
Pills. .

MORISON and CO., Hygeists.

(Signed)

GENERAL ELECTION.
THE MEN OF THE PEOPLE.
Few are prepared for a general election, and yet the on tilt is, that
the t
pesen Paliament is n to meet again, con quently a few who
think they arer alone n tie secret, are quietly,s bu very earnestly,
canvassing their constituents, in a friendly way, not as ii they
were in any alarm aboet their seats, but simply exhibiting an
officious attention, as if they were desirous of serving all the people
they call upon in the metropolis—one name al). orbs all the interest
—not exactly for a seat in Parliament, because their ambition has
alveak s einted to another office. But if the whole population of
the metropolis were polled to-morrow, Messrs E. MOPES and gON
would be voted the era apest, the best, the most extensive Clothiers,
and the greatest benefactors in the kingdom to all classes. In the
field they choose to o^cupy, they were retormers. Through their
exertions, and the employment of their talent and capital, the price
of Clothing, which was a complete bar to the well dressing of all
persons of limited income, was reduced one-half, which
breught it within the means of even the humble classes, who can
now dress respectably out of business, and creditably in it
for they not only procure things cheap, but durable;
in fact, Messrs. E. Moses and Seri have so completely laid them-
selves out with their immense staff of the first designers, fitters,
cutters, and workm,n in Europe, for the supply of rich and poor,
exalted and humble, fashionable and plain, that they are not men
for a class, but men of the people. By employing a cap
would buy up the productims of half the factories, they command
the markets, and the public have the benefit of their cheap pur-
chases, for their profit has always been uniformly small, because
they have preferred to sell a hundred suits to any body else's one,
and gain by numbers what others unfairly gain by exor,made ant
the probestfits.
Messrs. E. .Moses and Son have every garmen of
material of the kind —they mark every article with their unvarying
price, in figures which everybody can understand ; and if any
should feel dissatisfied after purchasing, they receive back the
article and return the money. Their noble hart, at the corner of
Alcigate and the Minories, is thrown open to the public, whether
purchasers or not, and they invite the visitors in London to inspect
the first stock in the world. Nor is their Wes -end branch less at-
tractive, in New Oxford street, corner of Hart-street. At both
these pieces there is such an assortment of Sportsmen's Dresses,
from head f as was never seen e'sewhere, com..ifising every
article desirable for the river and the field, light, strong, and
weather-proof.

E. MOSES and SON,
London
85,donCity Establishment, 154, 155. 156, and 157, Mlnories, 83,
44,
and 86, Aldgate, opposite the Church, all communicating.
London %Vest-end Branch, 506, 507, 508, New Oxford-street, 1,1,
nd 3, Hart-street, all communicating.
Bradford " Yorkshire" Branch, 19, Bridge-street.
Sheffield Branch, 36, Fargate.
Tailors, Clothiers, Hatters, Hosiers, Furriers, Bost and Shoe-
Rulers, and General Outfitters for Ladies and Gentlemen.
The Establishments are closed from sunset Friday to sunset Ss-
tnrday, when business is named till Twelve o'clock.

MEDICAL ADVICE ON THE SECRET INFIRMITIES OF
YOUTEI A.ND MATURITY.
With Plain Directions for their Prevention and Cure.
FIFTY COLOURED ENGRAVINGS ON STEEL.
rust published, in French, English, German, Dutch, Spanish, and
Italian, m a Sealed &nvelope, Is. 6d., or post-free, from the
Author, for forty-two Stamps,
SELF-PRESERVATION; a
Medical Treatise on the Physiology of Marriage, and on
the Secret Infirmities and Disorders of loath and Maturity,
isually acquired at an early period of life, 'which destroy
the physical and mental powers, diminish and enfeeble the natural
feelings, and exhaust the vital energies of Manhood • with Practical
"Aservations on the certain Prevention and successfill Treatment of
ewers
Debility, Local and Constitutional Weakness, Syphilis,
4tricture, and all Diseases and Derangements resulting from In.lis-
sretion, as adopted by LaDemand, Ricord, and other eminent mem-
'Ars of,
the faculty in France. with Fifty coloured Engravhaes,
dlnstrating the k.natonoy , Physiology, and Diseases of the Re-
productive Organs, explaining their structures, rises, and ftinctiers,
and the various injuries that arc produced in them by solitary
habits, excesses. end infection.
BY SAMUEL LA'MERT, M.D.,
IT, BEDFORD-SQUARE, LONDON.
Doctor of Medicine. Matriculated Member of the University of Edin-
brirgh,Bonorarr Member ,f the London Hospital Medical Society,
Licentiate of /apothecaries' Hall, London, Member of the Hunterian
Medical Society of Edinburgh, /Ice., Lc.
This work contains a plain and complete description of the ana-
tomy and physiology of the reproductive organs, and of their relative
conditions in health and disease. Dr. Ll'Mert, who has taken the
highest medical honours, as evidenced by the diplomas and testimo-
nials inserted in the work, is the only legally qualified medical man
who has exclusively, and for many years, devoted his studies to
the treatment of these complaints. lie may be consulted u ith ad-
vantage by all those whose constitutions may have become debili-
tated through secret practices acquired b 4 youth. or by the excesses
of later years, whereby the pleasures of life are marred, the objects
of marriage frustrated, and existence itself rendered a term of un-
ceasing niisery and regret.
63, Oxford-street ; Starie, Titchborne-street,
Published by the Author, and may be had of J. Gilbert, 49, Pater-
-146, Leadenhall-street ; Mann, 23, Com.lllll,
or free by post for forty-two stamps, from the author's residence, who
nuoasyrater-arrotv:t;;
may he consulted on these disorders personally or by letter .
IGlannordajn„
. ,rnrn ri, ,411 400.4

mann, 39, Cornhill ; or ditaat from the mitt or,
DR. c uLvERWELL'S NE W WORK S.
To be had of Sherwood, 23, Paternoster-row ; Cary:Oho-
I 4 i , Fleet-street;
arice One Shilling ea ost, Is. 6d.
ENJOYMENT OF LIFE,
Lanes, Hills,
"Ilealth, Recreation, and rational Use of Time."
Corrticrs:—Early Riiiing—SPring and anninnor Morningc—Ex-
mrsions about the Environs of London—The Parks,
tripsreats, Fields, liigh-roads, and other pleasant places—Country
r and Rambles—The Sea—London at Night—Evenings at Bone
—Mnsic--The Drama—On Eating, Drinking, Sleeping, Bathing, Air,
.*st, Eese, Occupation, itco #O.
THAOMENT9 FROM THE !AOUNTAINS. ton Vat.
Vol I.
t. 'aSIT TO THE L.A.KES; SKETCII OF EDIN-RUEGH,
Vol. 1.1.
lets:Es or KILLARNEY ; itElinGscr.wcrs Os
DUBLIN, fte.:

_
111,
VfIIAT TO EAT, Emu., AND Avon).
"That three seoro years and ten our
aucourso
nd mayc ure) of ner-
run."
A popular review of almost every form (cse a
for-sly-debilitated health and enfeebled constitution, that harasses
he young, besets the man o' pleasure, business, or study, End =-
litters old age, with tables and rules for the diet and physical regu-
%ilea of every-day life.
TV

THE PASSIONS.
What passions hurt the body—what imisrol%).
Truths as refined as Athens ever heard."
,1117117501 : -Life's pilgrimage, from infancy to old age. The advent
of tie passions. Chastity and its infringements. The casualties of
licantiousness and dissipation, with illustrations, graphic,
narrative,
aid ramediativa. Advocacy of early marriages:.
V.
THE MARRIAGE STATE.
" To 3e or not to be, that is the question."
iItOGYAKKE:--Laws and obligations of nature, society, and re-
ii;ion regarding marriage, to be observed by either sex. Time and
choice, on both sides, as to age, temperament, complexion, and
agurc, to secure healthy offspring, with the art of rearing then'.
physical defectiveness and its removal. Sterility and its conversion.
Oases, &O.
By B. J. CULVERWELL, M.D. (1891), M.R.C.S. (1827), L.B.A.
1824). Twenty-fits years ,Sfeelicsl aril Forensic Referee in these
tittles. `l6"evttnn bear* ',lnv till era nvoninal.savanl3ll nine;
10 trefll.l,la.. Rsililint-etroa I

A Cuttious INCIDENT.—On Friday last Mr.
Catlin, the Indian traveller, conducted the party of Iroquois
Indians now in London, to the Crystal Palace, showing and
explaining to them the many wonderful works it contains,
which excited their highest admiration and surprise, and
repeatedly elicited the war-whoop, attracting impassable
crowds around them. In the midst of their excitement and
pleasure they were conducted to the statue of the " Dying
Indian," in the American division, which seemed to
moste
an evident dejection, leading their mind, back, pro-
bably, to the painful legends of their forefathers. They then
were led by Mr. Catlin to view the statues of two of their
own countrymen, which he had promised to show them, and
which he had constructed, the size of life, with great labour,
and elevated upon the end of the bridge, standing in the
American department. On approaching the spot, he found
them missing, and the crumbled fragments of the chief and
his wife gathered and shrouded in a curtain, and lying on
the floor, under the bridge on which they bad stood, and
from which they had been hurled down by
and
dashed
completely to pieces ! Nothing could exceed the suddeon
n
dejecti( nof the spirits of those poor superstitious people
seeing the only two representations of their own race in the
" world's fair" lying thus demolished. In a conversation
which ensued amongst them, the words " rum," and
whi‘kv," were often repeated ; and the old chief, address-
ing Mr. Catlin, said, This thing, my friend, makes us very
sad. We have been long used to see rum and whisky throw-
ing down our red brethren, and our hearts have been grieved
at it; but we never before knew that the images of the red
men were to be destroyed also by fire-water."
DEATH OF MR. MOSMAN, THE SCULPTOR.—OUT
readers will perceive in our obituary the unexpected death
of Mr. William Mossman, senior, a sculptor of no mean
eminence in his profession, and a gentleman who was highly
esteemed, in Glasgow, not more for his talents than for his
warmth of heart and high sense of honour. Mr. Mossman
was not one of those geniuses who are termed self-taught, as
he worked for years in the studio of Chantrey, by whom he
was frequently noticed for his proficiency. The deceased
followed his- profession for some time in Edinburgh, and,
about thirty years ago, removed to Glasgow, where he has
been constantly engaged ever since, assisted by a whole
I family of sculptors, all of whom have been dietinguitlted in
their elegant art.—Glasgow Constitutional.

RAILWAY INTELLIGENCE.
MIDLAND.
Tee half-yearly meeting of this company was held
at Derby yesterday; Mr. J. Ellis, M.P., the chair-
man of the board of directors, presided.
Mr. BELL, the secretary, read the report, of which
the following is an abstract :
" The revenue of the company for the half-year
ending the 30th of June last amounts to 566,0821,
heint an increase over the corresponding half-year of
1850 of 8 6271.
" In the receipts from passengers there has been a
decrease of 17,6781., and in those from horses, &c., of
1 0291., as compared with the corresponding half-year
of 1850; while from merchandise there has been an
increase of 18,8511., and from minerals of 7,4501., as
compared with the same period.
" The sum available for dividend is 132,075/. ; the
directors therefore recommend that a dividend be de-
clared, subject to income-tax, and payable the 21 of
September next, of 11. ss. upon each 1001. consoli-
dated stock ; 1 ls. 31. upon each 1001. consolidated
Birmingham and Derby stock; 31. upon each 1001.
consolidated preferential stock ; 11. lOs. upon each
Erewash Valley share; and 9s. ld. upon each 501.
share, being 1/. ss. per cent. on 331. 6s. 81, and 21.
ss. per cent. on 1/. 13s. 41, leaving a balance of
4,4541. 7s. 7d. for the next account.
" The large decrease in the coaching traffic is a
subject of the deepest concern to your directors.
They had anticipated that the opening of the Great
Exhibition, in May last, would have largely increased
the revenue of the company. They regret that this
his not been the case, and that their expectations have
been disappointed; for, although a great number of
passengers have been conveyed over the Midland
Railway to and from London, the competition of the
Great Northern Company has materially reduced the
receipt over a considerable portion of your line ;
whilst the flow of traffic to London, which has this
year been so remarkable, has diverted much of it from
its ordinary channels, and has seriously damaged the
receipts from the local and excursion traffic of those
portions of your railway not affected by the Great
Northern or other competition. They see no reason
to alter their opinion of the policy of the arrangement
with the Oxiord, Worcester, and Wolverhampton
Company, and of the equitable claims which the Lon-
don and North-Western and Midland Companies have
upon that company, for the honourable carrying out
of the agreement which they themselves had volunta-
rily proposed, and had subsequently sanctioned at a
meeting of their shareholders.
The report of Mr. Barlow, the engineer, states
that 483 i miles of railway are maintained by the
company et a cost of 1241. per mile per annum; and
r hat the iron road continues to exhibit very satisfac-
tory results
The CHAIRMAN begged to say, with regard to the
subject of free passes given to shareholders to attend
special and general meetings of the companies, that
the directors would take no part in the matter. It
was altogether a question for the decision of the
shareholders, and with them it must remain. They
would see by the report that there had been a de-
crease in passenger traffic to the amount of 17,678/. ;
while from merchandise and minerals there had been
an increase of 26,000/. They would recollect that, at
the last meeting, be gave it as his opinion that as
couch traffic would come upon their line as would be
taken off it. So far his anticipations had proved
true, and to him the result had proved satisfactory.
The revenue from goods had increased, although,
owing to the competition to which they were now
subjected from York, their rates had been reduced.
With respect to the passenger traffic, he must confess
that he had been disappointed. He had, on a for-
mer occasion, been over sanguine. They must
recollect, however, that they had no way into
London, and, owing to this, the Great Northern had
laken a great portion of the passengers during the
Exhibition into the metropolis. There was another
element which had worked detrimentally as respected
their internal traffic. People had gone to London
to visit the Exhibition, instead of, as in former years,
visiting other places of fashionable resort. This was
shown on parts of the Midland_line not subjected to
the competition of the Great Northern. The whole
attention of travellers appeared to be directed towards
London, and the consequence was that the Midland
Company had had fewer persons travelling for the
purposes of pleasure than in former years. Among
their allies were the London and North-Western, the
Yorkshire and Lancashire, and the Manchester, Shef-
field, and Lincolnshire. Their agreement with the
North-Western was for 91 years, Ned had so far
worked satisfactorily. It was, indeed, his (the Chair-
man's) opinion that it was the interest of the Mid-
land Company to draw closer than hitherto the bonds
of union between themselves and the London and
North-Western Company. The directors knew their
position, and they would try to make the best use of
it. Toe Great Northern, they would recollect, bad
been opened little more than a year ago, and on that
occesion they (the Midland Company) were anxious
to prevent useless and wasteful competition.
Their first object was to obtain an equalization of
rates and fares upon those parts of their respective
lines which were more particularly competing
portions. This they secured, but in March last
the Great Northern gave a month's notice to termi-
nate that agreement. Before that period they had
entered into several traffic agreements with the North
Midland, the Newcastle and Berwick, the Caledo-
nian, and other companies, to divide traffic north of
York. Any competition with the Great Northern
would not, therefore, affect that traffic for five years.
The matters in dispute between the Midland and
Great Northern had been referred to Mr. Gladstone.
I:hat gentleman hael, he believed, sent for the last
information he should require upon the subject, and
the award might be expected within a fortnight. If
they would place their confidence in the directors
they would do their best to protect the property of
the shareholders. • They would make the most of it.
It was essential that the directors should possess the
confidence of the shareholders, more especially with
regard to the matters to which he had referred ; if
they did not—if the shareholders did not believe that
they were acting honestly for the good of the pro-
perty under their management—they would he ut-
terly powerless, and the sooner they were removed
the better. When the Exhibition was over be was
confident they would see a very different state of
things. For himself, be saw nothing discouraging in
the affairs of the Midland Company, and he should
conclude by moving that the report be received and
adopted.
elr. S. BEALE (deputy-chairman) seconded the
Mr. DAKIN, of Birmingham, in allusion to the
cheap fare of ss. from Leeds to London, in competi-
tion with the Great Northern, wished to know what
proportion of mileage was paid by the London and
Not to. Western Company.
The CHAIRMAN—The North-Western paid their
mile ge proportion. Everything was paid in propor-
tion, as by agreement, to the farthing.—(Hear.)
Mr. DAKIN thought it extremely foolish to be
travelling at a loss. It was like a tradesman selling
goods at lOs. which cost him 20s. They had better
give the line altogether to the Great Northern than
pursue such a course.
The CHAIRMAN defended the course adopted.
Mr. IRONSIDES, of Sheffield, said he thought that,
Brosregard to the accident at Clay-cross, there was
gross negligence , and he wished to ask Mr. Paget if
he had heard the amount of costs incurred ?
The CHAIRMAN said all the costs and damages were
not paid. On the part of the directors he might be
allowed to say, that if their servants had, upon the
lamentable occasion referred to, attended to the regu-
lations laid down for their guidance the accident
would not have occurred. In the accounts made up
to the 30th of June, and of which the shareholders
were in possession, a portion of the costs of the late
accident were included, but some portions were not
yet paid.
Mr. IRONSIDES agreed with the Chairman that rail-
ways could not entirely be free from accidents ; but
judges, juries, and courts of law seemed now to think
railway companies good game. If the dictum of a
judge was to be taken as law it would be necessary
that every passenger, who entered a station, should be
asked his station and position in life, for, according to
that, a judge directed a jury to assess damages. He
wished to observe, however, with regard to Broad-
bent's case, he understood that no attempt at an
arrangement had been made until all expenses had
been incurred.
The CHAIRMAN replied that a compromise had been
attempted before the writ was served ; and Mr. Smith,
in:confirmation, said the son of the deceased, in the
first instance, demanded nothing less than 1,0001., and
ultimately he accepted 4501. with taxed costs, which
might amount to 701. or 80/. in addition.
Mr. IRONSIDES said, in the cases of Mrs. Blake and
Broadbent, he believed that if the claims bad been
left to the Sheffield committee, they would have been
settled for half the sums paid.
A SHAREHOLDER—Do you mean to pay Mrs.
Blake the ,um of 4,0001. awarded to her by the jury
at Derby
The CHAIRMAN—Don't ask ma the question. It
is now under the consideration of the directors.
SHAREHOLDER—I only hope you do not.
The report having been received and adopted,
Toe CHAIRMAN proposed the several dividends as
stated in the report.

mot ion.

Mr. IRONSIDES —Now, Mr. Chairman, can we
honestly pay these dividends while subjected to the
present competition ?
The CuAiamase—A.ll I can tell you is that it has
been honestly earned up to the 30th of June, but if
you choose to leave 20 per cent. in the hands of the
directors we shall be all the better pleased.
Mr. litominEs was satisfied, and the dividend was
declared.
Messrs. E. Baines, of Leeds; D. Malis, of Bir-
mingham ; Maxwell, of Liverpool; G. Chambers,
Wilson, and J. Hurd, were appointed cn audit com-
mittee according to a resolution adopted at the last
half-yearly meeting.
The meeting was then made special, when
Mr. Al YERS moved and Mr. ASIITON seconded a
motion to the effect that the present ruinous competi-
tion with the Northern Railway Company be discon-

tinned.
An amendment to the effect that none but share-
holders holding 1001. worth of stock be invited to the
general meeting, and that no paper be issued except
to such persons, wad carried all but unanimously.
A resolution was then passed to the effect that,
" as soon as any of the proprietors of the 501. shares
shall have paid up the 351. in respect of any such
share held by him, and also shall have paid up the
call of 3/. Cs. Bd. per share made thereon, such share
shall be divided and converted into two shares—one
for the nominal value of 331. Cs. Bd., and the other a
nominal value of 161. 13s. 41, in respect of which
latter share the sums of 1/. 13s. 4d. and Si. Cs. Bd.
shall then be taken and considered as having been
paid, and each share of 331. Cs. Bd. shall be converted
into part of the consolidated stock of this company."
After a vote of thanks to the Chairman the meeting
separated.

GREAT NORTHERN.
The report of the directors, to be submitted to the
proprietors at the halt-yearly meeting, to be held on
Tuesday next, has been issued. The following is an
abstract of the report :
" The gross amount of revenue for the half-year is
239,064/. 33. 7d., from which the directors have thought
it rignt, under the circumstances specially explained in
the auditors' report, to deduct seven months expenditure
instead of six. This operation increases the amount to
be deducted for the working expenses, which were un-
avoidably large at the commencement of the goods
traffic. The result is a balance of 108,0381. 7s. 2d. net
revenue, which, after deducting guaranteed rents and
preference dividends, together with interest on on -half
of the mortgage debt (the other half being applicable to
works not yet opened), will leave a balance available for
dividend of 40,1231. 17s. 81.; and the directors recom-
mend that a dividend be declined at the rate of 1 per
cent. per annum, being 3e. 91. per original 251. share,
payable after the 15th of September next, to the proprie-
tors on the register on the 26th of August inst.
" The amount of capital expended in the half-year was
605,357/. ss. 6d. and as the works yet incompleted
are progressing with great rapidity, the directors have
to request authority from this meeting to raise addi-
tional capital and loans sanctioned by the Acts of Par-
liament recently passed. The plan by which they pro-
pose to raise the share capital of 750,0001. is by issuing
at par, rateably to the proprietors registered in the books
of the company on the 26th of August instant, 60,000
5 per cent, preference scrip shares of 121. 103. each, re-
deemable by the company at any period on six months'
notice, at a premium of 10 per cent.; such shares to re-
main as scrip unregistered until the full amount of the
call has been paid up.
" The Towns' line will be opened for traffic early
next year, and it is expected the King's•cross station
will be completed about Midsummer next.
" With regard to Parliamentary proceedings, the com-
pany have obtained the Bill No. 1, authorising the addi-
tional capital, as well as the establishment ot stations at
Knottiugley and Wakefield, which the increase of traffic
has rendered imperatively necessary.
" The company's 13111 No. 2, which was framed to re-
gulate the relations of the Great Northern with the
Manchester, Sheffield, and Lincolnshire Railway Com-
pany, has also been passed, after a severe and protracted
opposition. The company has established the right to
accommodation for fish traffic and goods at the Grimsby
Docks, as well as the power to construct a goods station
at Sheffield, and convenient junctions at Retford; whilst
the privilege of using the Gainsborough line of the Man-
chester, Sheffield, and Lincolnshire Railway Company
has been confirmed.
" The directors regret having to state that their re-
lations with other companies have not improved since
the last meeting. The London and North-Western and
the Midland Companies have taken the position of com-
peting at lower fares for the passenger traffic of the
places at which those companies meet the Great
Northern, via., York, Leeds, Wakefield, Doncaster,
Sheffield, and Lincoln. This universally-condemned
competition, at low fares, has the unavoidable effect of
reducing the aggregate amount to be ultimately di-
vided, so that the shareholders of all the three com-
panies suffer by it.
"In connexion with this subject, it may be necessary
to state that the London and North-Western and the
Midland Companies have, by treaties, excluded the
Great Northern from participation in the traffic of the
towns lying upon the lines ot the Manchester, Sheffield,
and Lincolnshire Company west of Sheffield ; and of
the Lancashire and Yorkshire Company west of Wake-
field ; the effect of which would be that even at Brad-
ford, west of Leeds, and other places to which the
Great Northern route will be the nearest from London
by twenty miles, all right to a share of such traffic is
denied.
in consequence of this, the directors felt it their
duty to insist upon these hostile treaties being with-
drawn before they would consent to arrangements for
equal fares to the places from which the Great Northern
was so excluded ; and the determination expressed by
the London and North-Western and the Midland Com-
panies is, that the fares shall be run down against the
Great Northern, unless the Great Northern will vir-
tually consent t_, be excluded from the places alluded to.
The directors can have no hesitation in persisting in
upholding the reasonable rights of the Great Northern,
and do not doubt being able ultimately to establish
them, whatever may be the opposition of competing
companies.
" The Royston and Hitchin line has been opened to
Shepreth, within seven miles of Cambridge, and the
Great Northern trains now run to Shepreth, communi-
ceting by omnibus with Cambri fge, the Eastern Coun-
ties Company refusing to permit the Great Northern
Company to run their trains between Shepretb, Shel-
ford, and Cambridge.
" The Great Northern have also commenced working
from Peterborough to Wisbeach, and over the East
Anglian lines from Wisbeach to .11ereham. The Eastern
Counties Company, in contravention of their agreement
with the Great Northern, as well as against the rights
of the East Anglian Company, secured by Act of Parlia-
ment, have shut up the points of junction between the
Eastern Counties line and the East Anglian line at
Wisheach; in conseqnence of which the passengers and
traffic have to be transferred from train to train by om-
nibus about helra epile, ISuCgreat loss and inconvenience
are occasioned, as well to the public as to the compa-
nies. The directors have been, therefore, obliged to in-
stitute preeeedings, which are still pending.
" A further part of the South Yorkshire line, extend-
ing to Barnsley, .having been opened by the Great
Northein Company, trains' have, from the Ist of July
last, run between 'Doncaster. and Barnsley, connecting
that district vat% the Great Northern system.
" The directors have thought it right, under the cir-
cumstances of the increase of traffic, and consequently
of the labour of the several departments, to revise the
salaries of all the officers; not doubting that the pro-
prietors will approve of the principle of making the
salaries commensurate v,ith the labour; and in order to
induce the best exertions on the part of the officers to
encourage traffic, and at the same time to promote
economy in the, working expenses and general manage-
ment, the directors have adopted the plan of making the
several salaries increase with the amount of the dividend
paid to the proprietors; thereby giving the officers a di-
rect pecuniary interest in the success of the undertaking.
" The directors recommend that the secretary's salary
be 500/. per annum, and be included in the arrangement
adopted as to the other officers."
The report of Mr. Joseph Cubitt, the engineer,
states that every exertion continues to be made by the
contractors at all the principal stations of the Towns'
line. Most of the stations on the latter line have been
commenced, and there is every prospect of their being
ready for use by the time the works of the line are
completed. He anticipates the completion of the
At theae
.h
London e end of the
lwinoerkgsoiondFperobgrureasrihnaesxth.ee
been indearthwork
and tunnel, north of the Regent's-canal, are completed;
the canal aqueduct is proceeding rapidly and very ea_
tisfactorily ; the earthwork between the canal and
King's-cross, which has but recently been com-
menced, will, in a very few days be completely
opened out, and rapidly proceeding ; the permanent
station buildings are in a forward state, and he ex-
pects to have the extension complete and ready for
traffic by the spring of next year.
Toe report of the auditors, Messrs. J. Chapman and
J. Cstley, express their entire satisfaction with the
accuracy of the books and the clear and simple sys-
tem on which they continue to be kept. It states
with reference to the proposal to charge the revenue
account with only a moiety of the interest due by the
company on the .15th of July, they consider the ar-
rangement fair and reasonable—as they find on exa-
mination that about half the amount raised by the
company on mortgage has been expended on the
Towns' line, the extension to King's-crops, and on
sundry other works ieyet unproductive. The traffic
accounts laid before the shareholders in March last
embraced the expenditure for the six months, 31st of
May to 30th of November, against the earnings of
the six.rnonths, 30th of June to 31st of December;
that is to say, the account of expenditure commenced
a month before and was closed a month earlier than
that of the income. This plan was adopted at the