The Sun.
London, England, 1851-12-15 00:00:00

DECEMBER 15, 18b1.`

uiv,(l, coastwise, amounted to 2,900 tons, chiefly from
Seotknd, Yorkshire, and Essex, and in good condition.
By hm.,l carlifige, rearly 4,000 tons came to hand from
quarteis. On the whole, the demand for selected
qualities is steady, at full quotations; but other kinds
command very iittlo atttntion. Th© imports, since Mon-
day last, have amounted to 190 tons from Rouen, 4 bags
from Amsterdam, and 4 ditto from Rotterdam. Present
rates as under:—

Par Ton.
Yorksh. Regents. 89s to 85s
Ditto Shaws —s to sl
Lincoln. Regents 70s to 80s
Scotch. Regents 'Ns to 7:',sl
-
Ditto Cups
Ditto Blues
Ditto Dahlias —s to —s!
Common Whites. —s to
eweastle &Ber-

Per Ton.

llNVisbesch Sc Cam-
! bridge
;Kent Regents 6ss to 80s
!Essex Regents 6ss to 80s
!Essex Slaws 60s to 70s
Kent Shaves 6''s to 70s
'Kent B:,Essx. Mid. —s to —s
!French ..... eos to 70s

(German ditto ... —s to —s

wick Regents.. 70s to 80spDutch Whites sto —s
Kentish Red Kid. —s to —s,Chats

SVIZ,3I7GEL EON.
Although there is lees activity in the dcmard for ;01
New Hops, the show of which is somewhat limited, lust
week's prices aro well supported in every instance.
Yearlings are held at full quotations, but old (jollities
ccmwand • very little attention. Now Sussex Pockets,
51 101 to 618 s; New Kent, 6183 to 81; Golding, Mid
and East Kent, 91 to 121 ; Yearlings, 41 15s to 518 s;
Old Olds, 1110 s to 31, 15s per cwt.
1770 38..
Owing to the near approach of the holidays the de-
mand for all kinds of Wool, if we except Down parcels
of English, which are coerce, is somewhat inactive, and
the late improvement in the cpadtations is with caliy
supported. Last week's ibiport3 sere 82 bales from
Boston, 26 ditto from Leghorn, 3,983 frein Islay. 1,350
from Algoa Blly, 5 from Hatnburgb, 52 from Trieste,
650 from Taganrog, 4 from Bombay, 60 from Alexandria,
and 89 bags hum Seville.

SEEDS.
Since our last report about 7,000 quarters of East
India Linseed have changed hands, at 44s to 44s 6d per
quarter. Ex-ship sales of Alexandrian have been made,
at 41s for export. Block Sea qualities have realised
435 0, and Archangel 41s 61 to 425. For forward de-
livery Black Sea is quoted at 435. Calcutta 43s 6,1, and
Alexandrian 42a p2r quarter. Cakes steady, and quite
as dear; but all other articles arc dull.
Turnip,White, per bush. es to 1081Carraway ••• • • • 313 32s
Red and Green.. 8s his Coriander .•.. • • •• •• 98 Its
Bastard, Brown.. • ... 7s Cs Ilempsced, per quarter 32s 35s
White, now . • 6s Cd 7s Cd Linseed, Eng-iowing • • GOs 65s
fare ,Winter 33 Cd 4sol Crushing •• • • .... 46s 52;
Old ••.. • ..... -Os Od Os Od Baltic •• • • 39s 46
Canary, For quarter •. 35s 408 Odessa •• • • ••.• 448 503
Rye crass.. -... • • ... 24s 30s Linseed Cake, pr. 1,003—
Clover, Re4En,. (cwt.) 303 Vs English ••. $1 103 101
White .. • • ...... 345 44s Foreign, per ton 615 s 71 bs
Foreign It ed 31s 408 Rape Cakes, pr ton 4103 4110 s
White •• .. 31s 4a Rapeseed, New, prlst 2110 s 2 3108
Trefoil •• •• • ....... 183 228
Duty was paid on the following quantities of foreign
Clover Seed up_to the 6th innt.:-
1851. 1850.
London
Liverpool
Hull
maz.zow.
Notwithstanding that the deliveries last week were
upwards of 3,000 casks, our market still continues in a
very depressed state, end prices havo further receded 3d
per cwt. Today, new P.Y.C. on the spot is quoted at
36a 91, and old 36s 3d per cwt. Town Tallow 36s 6d to
378 per cwt net cash; rough fat 2s 11 per Blbs.

3tv.k. this day 11,358
Price of Y. C. •• . 46s 9d.
. t to 475 Od
Doliyery last week • . 2,i 76
Ditto from June 1.... 51,258
AST ivals last week • • 5,172
Ditto from June 1 ... 57,511

Pricy, of Town •• •• I 493 Cd

1848.

1849

36,176 43,795
415 Cd 385 Gd
to 43s 6d to39s Od
1,594 , 2,504
50,655 1 52,701
5,268 2,584
85,293 76,023
455 04 425 Od

1850.

56,152
378 Od to
37s 6d
5,254
51,738
1,785
82,116
39s 6d

1851.

68,451
36s 9d
to 03 Od
?Obi
57,455

-290
59,372
39s 6d

QUEEN'S BENCH.-(THIS DAY•)

LONGRIDGE V. JOHNSON.
This was an action to recover 1,2571. upon a bill of
exchange.
Sir Frederick Thesiger and Mr. Lush appeared for
the plaintiff, and the Attorney-General and Mr. Willes
for the defendant.
Sir F. TIIESIGER said, the action was brought by
Messrs. Longridge acid Co., as the indorsees of a bill of
exchange, of which the defendant was the acceptor. The
plaintiffs were engineers and ironfounders, having ex-
tensive works in Northumberland, and also a place of
business in London, and in the month of January in the
present year a person of the name of Hartshorn gave
them an order in London for 200 tons of bar iron, at the
rate of 61. los. per ton. The iron was to be manufac-
tured at the works in Northumberland and shipped
to London. Hartshorn agreed to pay cash on
delivery, and wits allowed two per cent. dis-
count. The iron was shipped by three separate
shipments, and the whole amounted to 1,3171. Applica-
tion was then made for that sum according to agree-
ment, but Hartshorn delayed the settlement of the ac-
count, and at last the plaintiffs offered to accommodate
him by accepting a short bill, provided he gave them
some security, for its payment. Hartshorn ultimately
handed to the plaintiffs his bill for 1,3171., and on being
requested to gave security he took a great number of
bilie out of his pocket, and among others the one in
question for the sum of 1,2571., which the plaintiffs ac-
cepted, and Hartshorn handed over to them. Upon the
short bill becoming duo it was dishonoured. Some com-
municetien then passed between the plaintiffs and John-
son, the defendant, who was the acceptor of the bill,
and ho admitted that the acceptance was his ; and
said he bolived that Hartshorn was not only an
honest man, but able if he bad a little time
to meet his liabilities. Hartshorn, however, did not
fulfil his engagement to pay, and on Johnson's bill
becoming due, it was presented at his residence and also
at the London and Westminster Bank in St. James's-
square, and at both places payment was refused. The
defence now set up by Mr. Johnson was that he re-
ceived no consideration for the bill, and that he was not
liable in point of law for the bill, as the words " payable
at the London and Westminster Bank, St. Jam '
, es s-
o:pare," bed been added to it without his permission
utter it had ;sued out of his hands. An important
question would arise upon this latter plea, which would
no doubt have to be decided by the Court above, viz,
whether that was a material alteration of the bill. Lord
Tenterden had decided that it was, and that it rendered
a bill invalid, but, wi:h every respect for'the learning and
judgment of that legal dignity, ho considered that his deci-
sion was not correct in point of law. The question was,
however, of very great importance to the commercial com-
munity, and as the point had not ceme before the Court
in recent times, his Lordship would probably consent to
its being reserved for further argument.
The ATTORNEY-GENERAL, for the defence, said the
defendant considered he was neither legally nor morally
responsible for the payment of the money, ho having
received no consideration for the bill, and ho felt bound
under those circumstances of resisting the action by any
defence which the law allowed. The defendant was
desirous of purchasing a large quantity of iron, and nu •
derstanding that Hartshorn had some to dispose of, he
gave to Arnold, a person who acted as his broker, several
bills, the bill for 1,2571. being one of them, which he was
to band over to Hartshorn ou receiving the delivery
warrants for the iron. These bills were made payable
generally, and not at any particulrnplace. Mr. Arnold
had requested the defendant to make them payable at
the defendant's bankers, in St. James's-square, but he
had positively refused to do so, and Arnold had added
the words " payable at the London and Westminster
Bank, St. Jamea S-rquare," without his knowledge or
consent. Up to the present time the defendant had not
received any iron, and he had, therefore, taken a legal
objection as to the addition of these words, which, he
contended, rendered the bill null and void.
' Mr. Johnson and Mr. Arnold were put into the
box, and gave evidence in corroboration of the above
statement.
Sir F. THE6IGEB, in reply, contended, that as the
alteration bad been made by Mr. Arnold, as the de-
defendant's broker, it did not invalidate the bill.
said, the only ques-
up;ury was, whether
, in
boyf
that
oo
pl o
ioono
the h e
ttaiht authority forl:olrrt dei
tryaCt oAit alteration
ioßnhdE netLhcsLoeision
rammingl
Iwfof they the
zero
jpoladignet,iffhse
ewootiutiledd, onto
athveeraduietth;orihtyot ofif athveeyry.
tlheoaoragehdt
Johnson had given Arnold no authority to insert the
fweoorddeso,tt.hen they would give their verdict for the de-
The jury returned a verdict for the plaintiff(, inti-
mating that they were of opinion that Johnsoinhad given
authority to Arnold to make the alteration.

COURT (I
CRIMINAL COURT,(IHIS DA
OLD .
The December Sessions of the Central Criminal
Court were opened this morning.
The calendar contains the names of 65 prisoners.
The grand jury having been sworn,
The RECORDER delivered his charge. He was happy
to inform them that the number of prisoners was un-
=ally small. At the same time, however, he regretted
to say, there were amongst the offences some of a grave
and serious nature. In ono case, a person named
Bare, was' charged with the wilful murder, of his own
wife, under eircutnstances of great atrocity, but
it was unnecessary for him to dwell at any
length upon this case, because if the evidence should
turn out to be any thing like what was to be foand in
the depositions, it would involve no legal difficulty
whatever, and in all probability an examination of a
' small portion of the evidence would be sufficient to in-
duce the jury to return a true bill. The only other
Case which he felt it necessary to advert to was one of a
very painful nature indeed. It was the ene in which a
husband and wife,:named Murphy, were charged with
the manslaughter of their own child. The death was
caused by the parents withholding from the child the
necessary food for its sustenance. It was not only a
moral and religious obligation which devolved upon all
parents to provide their offspring with necessary food,
but it was also their legal and bounden duty to do so,
and in the event of death ensuing from a
wilful neglect of that sort the parents were
guilty of the crime of murder, while should it appear
that there was no positive or criminal intent in the with-
holding of the food, the parents were liable to be indicted
for manslaughter. The latter alternative seemed to apply
to the state of the case in this instance, but, doubtless,
the jury would think it a little strange that the husband
and wife were indicted together. In the smaller crimes,
such as larceny: the wiff• in a great measure was con-
sidered by the law to be somewhat under the control of
the husband while acting in his presence, and she was,
therefore, not held hale for her conduct; but in cases
like murder or manslaughter, the rule of law was very
different, and if, therefore, the jury should find that both
the husband and the wife h'sd been instrumental
in prceluing death, then both of them would be
lit.b.e to Le put on thk it trial. It would seem,
however, that the immediate cause of death was
the want of food, and if it should transpire
upon inquiry, that the husband had neglected to furnish

the wife with the means of procuring the necessary sus-
tenance, as it was his duty to do, being the head of tl:e
family, the wiFe, perhaps, soul I not be guilty in law;
but he would recommend them, in disposing of the case,
not to touch that legal difficulty, but leave, it to be dealt
with by the Court when the case came on for trial.
The Foreman asked—lf a bill was presented against
two persons, could the jury find a true bill against one,
and ignore it against the other?
The RECORDER said certainly they could.
The grand jury then retired, and after a brief delay
some true bills were returned into court, and the trials
were immediately proceeded with.

MIDDLESEX SESSIONS.
(THIS DAY.)
The Dccember adjourned sessions were held this day
at Clerkenwell. The number of names in the calendar
are 63.
Samuel Petal, aged 37, and George aged 36,
were convicted of st(alin6,, a basket of tools, tLe pro-
perty of Francis Joseph HeAman, a journeyman mr-
penter.
The JUDGE, in passing sentence, observed that it
was a cruel crime to rob a carp: nter of his tools, and
should be visited with the utmost stverity. The prison-
ers were found also in possession of heels; brealsing in-
struments, and that was in itself a misdemeanour under
the present law, under which Hands had been already
convicted in this court. They should now undergo each
nine months' imprisonment, with bard labour, in the
House of Correction.

31ARLBRO'-STREW r---(THIS DAY.)
NOT VERY RESPECTABLE.—Mr. Arthur MATZ/ c'o7 bat,
who was described on the charge-sheet as a solicitor,
residing at No. 2, Argyll street, Regent-street, was
placed at the bar before Mr. Bingham, charged with
being drunk and making use of obscene language at
the station-house, Vine-street.
Saunders, C 70, stated that about half•past one this
morning he was on duty at the Vine-street station-
house, when the defendant came in and asked to see the
inspector about a person who was in custody. Witness
introduced him to the inspector, and after he (defendant)
came out of that officer's room he became very disor-
derly, and said the police were d- rogues, and wcnld
swear to anything. The defendant also wade use of the
most horrid expressions towards the inspector, and his
language upon the whole was of such a filthy and ob-
scene description that witness, to put a stop to it, was
compelled to lock him up.
In reply to Mr. BINGHAM, the defendant said he had
nothing to say in defence.
Mr. BINGHAM, having looked at the charge-sheet,
said, having seen the defendant's position in society, the
language which he had made use of to the constable
did not at all add to that position, or to his respectabi-
lity. He therefore tined him 20s. for being drunk and
making use of foul Impinge.

OVERLAND MAIL

(BY ELECTRIC TELEGRAPH FROM TRIESTE.)
BOMBAY, Nov. 12.
_ _ .

Bombay is tranquil.
Dost Mohammed is dying.
Sir C. Campbell's force retook Michenee, and drove
back the enemy to the mountains without loss.
An engagement of cavalry took place on the fron-
tiers of llehra Ismai Khan.

The Governor-General was expected at Calcutta on
the 10th of January.
Her Majesty's steamer Fox has been ordered to
Rangoon, to demand satisfaction for injuries done to
Englishmen,
The ships Bengali and Sceunfiene had been lost in
a violent g.ile near Calcutta.
The ship Tayn had been captured near Penrug,
and all the Europeans on board murdered by Malays
of her crew.

The Nizam had paid the full amount due to the
East India Company.
huts have taken place at Berar and Gwalior.
BOMBAY MARKETS.

Imports lively. Money in demand. Company's
Five per Cents., 104 to 10-11 ; Debt Four per Cent.,
911 to 92.
freights for England, 10 Tires, 2 17 lower.
Cottons, 73r. to 93r. per candy.
Exchange on London, 2s. 10. for good bills.

1111 E UNITED STATES.

THE PRESIDENT'S MESSAGE.

(BY ELECTRIC TELEGRAPH).

By the Royal mail steam-ship Africa, Captain
Ryrie, which has just arrived in the Mersey, we
have advices from New York to the 3d inst.

The President's Message was delivered on Tues-
day, the 2d.
The President complains that certafn Cubans re-
sident in the United States have a second time made
that country the scene for the equipment of military
expeditions against the possessions of her Spanish
Majesty.

Too severe a judgment, says the Message, cannot
be passed upon those who by fraudulent representa-
tions led these thoughtless young men into peril and
disgrace. Though the invaders had forfeited, the
protection of their country, no proper efforts had
been, or will be, spared to obtain the release of those
now in confinement, for the sake of their families and
friends.

The President advocates adherence to our new
neutrality and non-intervention policy. Our true
mission, he says, is not to propagate our opinions, to
impose upon other contries our form of government
by artifices of force, but to teach by example, and
show by our success, moderation, and justice the
blessings of self-government and the advantages of
free institutions.

The correspondence with England and France re-
specting the invasion of Cuba is referred to and sub-
mitted.

II maintains the principle on the part of the
United States, that in every regularly documented
merchant vessel the crew who navigate it and those
on board of it will find their protection in the flag that
is over them.

No American vessel can be allowed to be visited or
searched for the purpose of ascertaining the character
of individuals on board, nor can there be allowed any
watch by the vessels of any foreign nations over Ame-
rican vessels on the coast of the United States, or seas
adjacent thereto.
The reference to Kussuth is brief.

In a communication to the Department of State, he
has presented his acknowledgments for the interposi-
tion of the Government, and Congress is recommended
to consider in what manner he and his companions,
brought hither by its authority, shall be received and
treated.

The aggregate receipts for the last fiscal year were
dolls. 52,312,979 87, with the balance on hand at the
commencement, making the means of the Treasury
for the year dolls. 58,917,524 36, against dolls,
48,005,878 66.

The imports of the year ending June 30, 1851,
were dolls. 215,725,995, of which dolls. 4,967,901
were in specie.

The exports were dolls. 217,517,130, of which
dolls. 57,864,655 55 were domestic, and dolls.
9,738,695 foreign products.
Specie exported, dolls. 29,231,880 since December
last.

The payments of principal of the debt were dolls.
7,501,456 56, which is inclusive of dolls. 3,242,400
Paid under the 12th article of the treaty with Mexico,
and dolls. 2,591,212 45 awards under the late treaty
with Mexico.

The public debt, exclusive of stock authorized to be
issued for Texas, was dolls. 62,560,395 26.
The receipts for the next fiscal year are estimated
at dolls. 51,800,000, making, with the balance on
hand, the available means of the year, dolls.
6

3,258,743 00.
The expenditure is estimated at dolls. 528,922,991
91, of which dolls. 33,343,198 is for ordinary pur-
poses of Government, and dolls. 9,549,101 11 for
purposes consequent upon the acquisition of territory
from Mexico.

It is estimated that there will be an unappropriated
balance of dolls. 20,366,443 90 in the Treasury on
the 30th of June, 1853, to dolls. 362,379,313 51
public debt on the Ist of July following.

The value of the domestic exports for the year
ending June 30, 1851, show an increase of dcllF.
43,646,322, which is owing to the high price of cotton
during the first half of the year, and the price of
which has since declined one-half.

The value of the exports of breadstuffs is only
dolls. 21,958,623, against dolls. 26,051,363 in 1850,
and dolls. 68,701,921 in 1847, our largest year of ex-
port in that department of trade; in rice the decrease
as compared with last year in the exports is dolls.
460,917, which, with the decrease in the value of
tobacco exported, makes an aggregate decrease in the
second articles of 1,156,751. From these premises
the President draws a conclusion that the favourable
result anticipated by the advocates of free trade from
the adoption of that policy has not been realised.
The Africa brings dolls. 1,425,000 in specie on
freight.
The steam-ship Cherokee arrived at New York on
the 29th ult., with advices from San Francisco, to the
Ist ult., and dolls. 2,265,506 in specie on freight.
The steam-ship Prometheus arrived at New York
on the Ist inst., from San Francisco, with dolls.
120,677 in specie on freight, and 500,000 in the hands
of passengers.
The Prometheus was fired at by the English brig
of war Express at San Juan, in consequence, as it is
stated, of trying to evade the payment of certain har-
bour dues, &c.
The news from California is of the most cheering
character.
The rebels in Mexico have received reinforcements,
and were about to renew hostilities.
The cotton market was firm, with a fair demand.
The money market was active. Exchange on Lon-
don, 1 101 to 1 101.
Freights to London, flour 1 ; and oil 1 10f per
barrel.— Times.

TIIs CABINET.--Lord John Russell has gone to
Woburn Abbey, and will remain there until after the Christ-
mas holidays. Lord Lansdowne has gone on a visit to Lord
Fortescue, at his seat in Devonshire. Mr. Labourchere has
departed for Stoke Park. Sir George Grey has returned to
London from a visit of inspection to Dartmoor Prison. Lord
Granville has gone into Shropshire. No further meetings of
the Cabinet are expected for some time; but very soon after
Christmas all the Ministers are expected to re-assemble in
London, and some Cabinet Councils will be held previous to
the Privy Council, at which time the day for the meeting of
Parliament business will be fixed on.
OxFon-D, DEC. 11 —The Union Society, so well
known to members of the University, having had some dis-
pute with the landlord of the present premises in the High-
street, have just concluded the purchase of a very extensive
freehold property lying at the back of the Corn Market, and
running up to New Inn-lane, on the north, which formed the
residence of the late Dr. Bourne. The purchase-money is
said to have been about 3,0001.; and the society contemplate
enlarging the house so as to have their debating-room and
their library on the same site.

REVENUE SEIZURES.-- The Customs EuthoritiPs
have adopted some regulations with a view to uniformity of
practice, and for enabling a more efficient check to be exer-
cisal in the examination and audit of all accounts relating
to seizures for breach of the Customs laws.
ROYAL COLLEGE OF SURGEONS.--The following
gentlemen, having undergone the necessary examinations for
the diploma, were admitted members of the Court of Exa-
miners on the 12th inst.:—Messrs. Richard Reece, Walton-
on-Thames ' • Thomas Namby Dean, Manchester ; John
Henry Sylvester, Cheltenham ; James Cornish Crossing,
Devonport ; Henry Bowles Franklyn, Army ; William Wilk-
ing Sabb, Ilfracombe, Devon ; Edward Hier Evans, Cardiff,
South \Vales ; William Augustus Byrne, Great Coram-street ;
John Charles Savery, Hastings, Su sex ; and Robert Brude-
nell Qartor, Leytputitme, Euez,

IZAILWAY INTELLIGENCE.
LONDON AND SOUrII.WESTERN.
The directors of this company, in their report, to
be submitted to the proprietors at their special meet-
ingthe
lineto -
to the.
state that the powers for constructing
a westprotractedof Salisbury,contes
t beforeic 'hen the
subject
ofParliament,
were obtained in leeeB ; but that, in consequence of
which
had
b
the general depression of railway property, the di-
rectors announced their intention of rot proceeding
with the line--a course which then met with the en-
tire approval of the proprietors; and no application
to Parliament having been made last year for renewal
of the powers to purchase land and complete works,
they exeired during the summer of lesl. Under
this state of circumstances the landowners and other
influential persons locally interested in the districts
between Salisbury and Exeter,
iu conjunctionter
severel responsible capitalists, perceiving that the
sa Te
London aed S outh-W esternßailw y Comp
p
indisposed to proceed with the len Extension,
nt
yn with s
were
presented to the board a proposal to the effect that
they would undertake to construct a line of railway
from Salisbury to Exeter en receiving an asu. ranee
This pro-
of mederate asiistance from this company.
posal, el:sant-ding as it did from parries having en
obvious and legitimate interest in the formation of the
line, and having also, as in the case of influential lan '-
owners, the means of greatly facilitating its construc-
tion, was evidently entidrd to the serious conei •
deretiors of the London and South-Western Railway
Company; and the directors determined, if tbe pro-
posal, on investigation, cppeered feasible, that they
r..ou!c/ submit the question to the proprietors. Tae
directors are happy to state that the arrangement
which they now submit includes neither subscription
of capital towards the construction of that proposed
line from Salisbury to Exeter nor guarantee. It is
to the following effect :—" That the South-Western
Railway Company, who are to find none of the capital
for making the extension line from Salisbury to
Exeter, will, when the new line is banded over to
them in a thoroughly complete state, agree to work it
(with their own rolling stock) at 50 per cent. of the
receipts. That beyond this the South-Western Com-
pany will agree to divide equally with the new com-
pany the net profits of the additional western traffic
which the new line brings to the now existing lines
of this company at Salisbury. This arrangement is
to continue for twenty-five years, unless, in the mean-
while, the revenue of the new company arising from
its own line, together with the contribution of the
South-Western Company, shall amount to mor.
6 per cent. on 1,100,000/. (the guaranteed cos 'tele
which event the contribution of the South-Western
Company shall be reduced to such a sum as will make
up 6 per cent." The line thus proposed to be worked
by the South-Western Company is elescribed
by the promoters as "commencing at the au-
thorized terminus of the Basingstoke and Salisbury
Extension of the London and South-Western Rail-
way Company, and ending at the Northernhay,
Exeter, will be 89 miles in length, and it is proposed
to construct it with 10 miles of double and 79 miles
of single way, with land and bridges sufficient for
the addition of a second line of way at any future
period." " The universal consent of the larger
landowners to take moderate and deferred payments
for their land, the low rates now payable for
materials and labour, and the increased experience in
the formation of railways, have enabled the promoters,
under Mr. Locke's advice, to procure tenders from
Messrs. Braesey, Pete, and Betts, for the completion
of the railway, according to Mr. Locke's plans, in-
cluding the purchase of land, and every work and
expense necessary for putting the line in a working
state, for sums so far within the intended capital of
1,100,0001. as to leave in the hands of the promoters
a balance adequate to meet all contingent and inci-
dental expenses." The line thus described is to be
constructed to the satisfaction cf this company's
engineer, and the engagements of this company
with regard to it will not take effect until it is
handed over in complete working order. The ex-
penditure of capital on the part of the South-
Western Company would be limited to the completion
of the unfinished branch from Basingstoke to Salis-
bury, and the providing of additional working stock
for the new traffic, which expenditure, probably
amounting to between 400,000/. and 500,0001.,
would constitute the whole outlay of this company,
towards the securing the traffic of 120 additional
miles of railway. The system of broad gauge lines
in the dietrict between Salisbury and Exeter, which
has been delayed from the causes which have re-
tarded the works of railways generally, will, pro-
bably, shortly be completed, the effect of which will
be to withdraw from this company's lines a very con-
siderable portion of the western traffic now obtained
at Salisbury and Dorchester, To this the propOsed
Central Western Extension line will afford the only
effectual remedy. After a careful consideration of
the whole circumstances, seeing the public end local
claims which Fast events have established upon this
company, to the support of that important chain of
communication 89 miles in length, from east io west,
which a line from Salisbury to Exeter affords, the
directors recommend the proprietors to sanction the
premed arrangement. Another proposal, emanating
trom parties of great respectability and local influence,
has also been submitted to the board, applying fur the
countenance and aid of this company in the con-
struction of an extension of the coast line from Dor-
chester to Bridport and Exeter, Parliamentary notice
for which has been given. The directors have not
felt themselves at liberty to hold out a prospect cf
this company extending at the present time aid to any
other project for western extension other than that
central communication for which this company has
so long and strenuously contended. In the event of
the Act for the Central Extension line being obtained
the directors would recommend the proprietors to
contemplate the completions of the Basingstoke and
Salisbury branch, upon which 275,4811. has been
expended. To complete this branch would involve a
considerable further outlay, unless great reductions
could be made in the estimates ; but having given
notice for nearly the whole of the land, and seeing
the serious objections to leaving the expensive works,
which are in a state of considerable advance, standing
unfinished, the directors would, in any event, re-
commend the proprietors to sanction their exertions
in procuring from the landowners and contractors a
reduction of demands, which would render the further
outlay such as it might be prudent to encounter.
Resolutions in accordance with the recommendations
in the report will be submitted to the meeting.