The Sun.
London, England, 1867-05-07 00:00:00

Open from 11 a.m. till 10 p.m.

NEANFIELD'S PATENT PICKLES are per-
toll featly pure awl unegloured. To be had of deraalerl
(or„Wholesale of 1011 N. BURGESS and SON, 107, Stn
of of Savoy-etepa). London.

AU-DE-VIE.--This Pure PALE BRANDY,
18
nt en, S. per gallon, is ry Rupertor to recent importations
ten,i r,commended by the medical profession. and ex-
a "mvelv !Ised in hospitals. In bottles, .Th. per dozen, nr in
) . railway carriage p).l .—HENRYt BRETT an 1
street " Purniyal's Distillery, II Aborn, E.O , 30,
V. Established 182%

"TM,
-RU OF 'mg FEW IS TILE GAIN OF TILE MANY."
'ItE Panic of '6l an-i its consequent depression
TIIA. not thn Colonial IT ,r zets enahles th- " A.ST INTIN
II'„/ITPANY' ofTer 1,0 WWI. TIILANZ
Tbs tr;ounds ot Good Tet for es Ad. can't be dear.
KAISOWS by the Clipper Ships are really
9' Ore ,t St. Trelen's Chnrehyard. Rishopszate-
,__ street. Jan. 1, mr.

1. • Pithfished, 2d; sent by the author for 3 stamps,
IGLINESS and BEAUTY; being a Pamphlet
the deslrtpttve of articles 3n4 means used for tmornvfnz
to,!PPearance. By ALEX. ROSS, 243, High Holborn,

SPANISH FLY is the acting ingredient in
nroehas'AL ROSS'S CA.NTHARIDES OIL. which speedily
eent willikers and thickens hair. as 8,1, 586 d, and 10s
rlico. 7 124v4t for Si, 84, and 144 a tAmps.—ALHX. ROSS, 248,
1-, Wails.
London, and all Chemists.

/71V
°NDERFUL DISCOVERY.—Corns cured
Th. in one day by ustnr ALEX. ROSS'S MIRO PO.
elPreiration gradually dissoles the Corn in a few hours,
.....27kvintpr the veryroot. 45 ; v
sent by post for 80 stamps.
Holborn, London, and all Chemists.

IrtAIR-CURLING FLUID, 248, High Holborn,
tmi London.—ALlCX. ROSS'S CURLING FLUID ourl
rtt
"" nontletnen's ltomellately it is &polled. Sold
~ 53 6,1, halr
103 ad ; sent free for $4, 81, and 144 stamps.
of all Chemists.

-01 REY HAIR.-2,18, Mei Holborn, London.— , AI F.X. ROSS'S HAIR DICK produces a perfect colour
r 'fisilately It is used. It Is porTnmnPnt, and perte,tly us
ilral in ego t. Price he fid, as fI4, *n4 tOs 8d ; sent by post
for ht, 81, and 141 stamps ; and all Chensimts.

HAIR DESTROYER.-248, High Holborn
London.—ALEX. ROSS'S DEPILATORY removes
,0
'llll)nrfitious hair from the tale. neck. arm wtmont erica
thQ skin. Price 3s 6,1, 5s 64, 'lnd 10s 6d;9sent for 51,
44,1 144 9 tarnps.—liad of all Chemists.

4-PIMPLE REMOVER.—AII diseases of the
Pp,,licin aro Improved by one dose of ALEX. ROSi'S
Iow:".IIA.RL ko. 2FI SKIN PILLS. They removo redness,
s 9(1 and 7s :or post for 41 and 100 et/irons
rat6t,':'/C ROSS, 218, High Holborn, London, and all Che-

114-,IR COLOUR WASIL—By washing the
or ten
(rut with this beautlfully-Perfnmel Wash. In seven
ao b, lira the hair assumes its oricinal colour, 3nd remains
RoiQan occasional 10s etd ; seut for stamps.—AL EX.
--__ 7' or
2". High Holbn, London, and all Chemists.

1111,-,IIISII ORPHAN ASYLUM, Mackenzie
etittae;taai7Slottgh, Bucks (formerly at Clapham-rise).
"°N—Tier Most Gracious MAJESTY the QUEEN.
411) t
Seer„
411 3 this Institution will be gladly received by the
'l, at the °likes. No. 73, Cheapside, E.C.
lIENRY SYKES TTIORNTO.V, Treasurer.
TrioNtAs TILSON. J.P . chairman of the Board.
REEn CAWLEY, Ni.A., Hon. Sec.

ALFRED MACKE NZ f E Secretary.
rrtiE BOARD of MANAGEMENT of the
e:t11 the HOWEOPAT RIC HOSPITA.T. wish to
t)", iie attention of their friends t its position—dnring• the
the Year the beds have been almost constantly filled, and
be drain on the resources of the Hospital has consequent;y
great. They trust, therefore, that all the friends of
the-rathY, both in town and country, will rally round
1111471, and thus prevent the necessity of curtailing' the use-
Strli',Z4 Of the Hospital by tie admission of fewer patients
l'reeftlPTiONS earnestly needed. Bankers--Messrs
drZelt and Co., Threadneedle-street; and Union Bank.
'ttl-place, Regent-street.
JOHN R. WARREN, Clerk.
02, Great Ormond-street, W.C.

OLI,It SHIPWRECKED SEAMEN and their
of 4, IP,Rii: VED WIDOWS and ORPHANS. —Uow,rds
British vessels are annually wrecked, about 2,000 of
i,"„ are on the British
kikiirr,tli no part of the coast where the SHIPWRECKED
itlent!"l,lßS' SOCIETY is not represented by an Hon.
:),}”Pa',77,,,nelo!hes (when naked) and sends to their homes.
-"aritr—seu Persons of all n Mona. and is the channel of its
gri,y_to the bereaved widows and orphans of the drowned.
tr";eiuumtnittee earnestly APPEAL f-r HELP. The die-
last y'B always instant. The Fr,eiety relieved 11,221 persons
riz , shipwrecked men, widows, and orphans.
~Piliiand subscript ions
litlly received by Messrs.
"Os, Deacon, and CO.; sill bnky nn

RA,v, N, Seattnry
T;ih-nil-chambers, Lon.toF -h nridNqeClS S.E.
t. EiF- RESCUE SOCIETY wishes to add another
I to the 12 now In operation. Last year no fewer .
()nor. friendioss, younz females were rejected .rom
rON DS and room. makin,* a total of 3087, who have
1h,-"at ',WSJ. in r. r' years. ,
IIT).„"1-17v hothu the Committee wish to form worldbeollTl for
L .
almost ehiliiren, from the ac'e of 9 to 18, wh,
n led astray from the oath of rfrtins.
Nt,...rb,itinnti will ho recoirerl oratoiolly hy the Secretary.
har,„l.nl,l (:oop, M scrpet, Chp9l,le; or by 3lemarT
Lombard-at-m.IA.

_11,1)Y A L FREE HOSPITAL, Gray's-inn-roa(1,
t4)4v , the Lumedinte vicinity of the Great Northera .ei•aliusa.
Patron—Der Moot Gracious Majesty the QUEEN.
e4'l.)atron—ilis Royal Highness the Prince WA LE G.
'11;"11'-nt—llts Grace the Duke of HUCCLEUCR. tLG ItAh liospital loundel in the year IFc23. the first to eatab-
the all Principl; ot free admission to the sick poor. without
ell,f'-`2LY and difllculty 0 Governors' orders. is wholly de-
, l'.for en
.t pport on voluntary contributions and !: 04 .
%fhb," ‘•rris relief to a large number of in-pa unto. aid,
~tl,oa to miti,
3,DOOl•Ute the averx,e number of fat-coda/Ice of the
„„,, !sink hag for a considerable period averaged between
4.000 weekly
"elle err Trit The
tce ear. est ty solicit the MiSPFTANCE of the
:°Tita‘f-,::'", as the p 7 nisei of this nre capable of
01e peverat u,ndred more beds had the Committee
r, in Alt(' Innis to maintain them-
raile'utibetions are received h" tbc ir bankeri.3Tessrs. 8r0w,,.
°LI, ',ad Co,AbchUrch • bin' e ;
u•
also by UPsers. Cootie find
-qttaso r.irc mond and Co. • ill= erriee and to.: and Co.:• • •
4 Payee,
"1 Co. j l'reee:g;tt, Grot,e, and Co.; Smith,.
4,1 A ; P•arclay and Co.; ' ilhorrs, Der.cen, and Co.;: HiCjj &bet
Bortere-etreet : and at the Heoliital• from 19

STANFORD 1311ITIf, Beorettry.

IXIIIBITORS at the PARIS EXHIBITION,
who ADVERTISE in "THE SUN," can have the
SERVICES of A SPECIAL AGENT in PARIS, whose
address can be obtained at " The Sun" Office. Re has a
perfect knowledge of French, is also acquainted with busi-
ness, and has good connections. On application to " The
Sun" Agent in Paris, either personally or by letter, he will
obtain every possible facility for Exhibitors, or persons
who rosy have other business in Paris, or who may go
there for pleasure only.

ONE II UN DR ED and SIXTY-SEVEN
DESTITUTE ORPHANS are being. imilutained in
the ALPER r ORPHAN ASll..ll'll. Collin4wood Court,
lia-nshot, Surrey. FUNDS many needed tor their support.
CHARLES A. IVALKER, Sec,
Offices, 93. Chettpslde, E.C.

REAT NORTHERN HOSPITAL,
Caledonian-road, ;s'in_:ton, N.
Supported by Volunt iry Contributions.
This Hospital his relieved patients shine It was
estsbiished at King's-cross in Patients art admitted
free.
BANKERS —Messrs. Barnett, I.lny.ls, and C0.,60, Lombard-
rtreet; Messrs. Ransom ani Bouverir, I, P..11-fnall. HON,
SEC— fe. Smith, Esq. GEORGE REID, sec.

THE LONDON FEVER HOSPITAL has
URGENT NEED of rusps. —Donations and Sub-
scriptions will be thankfully received by Slessrs. Dimsdale
and Co., 59, Cornhill ; Messre. Drunimim I and Co., Ch tring.
cross; Alessrs. Coutts and Co., Strand; Messrs., Hoare'
Fleet-street ; and by the undersigned, at the Hospital
Liverpool-road, N., CHARLES FINN, Sec.

HELP for the DESTITUTE SICK.—
SIETROPOLI FAN FRE PI HOSPITAL. Devon-
Aire-square. City. Instituted for the immediate gratuitous
Relief of the Sick Paor of every Nation and Creed, without
letters of recommend. tion. FUNDS are urgently needed to
maintain its efficiency.
.11-NKE RB ens. Barnett, rioares. and Co.. 62. Lombard-
street. • JNO. GURNEY..ntY, Chairratn.

(iEO. 000XTON, meta):

L:IIYAM'S BOYS' SUITS ARP: MADE IN
• every Style and Shape, including the Knicker-
booker, Eton, Rugby, and Harrow Snits ; they aro plain
or braided, and adapted to a variety of tastes. Tho
greatest care is taken both in tie goodness of material
and soundness of workmanship—thus ensuring that dura-
bility so essc,ntial in Boys' Clothing.

yOUTIIS' SUITS OF A PIECE ADAPTED
for Youths from tho Ago of 14 to 18 years eau be
had in great variety of material, most tasteful iu design,
at a small advance on the above prices.

lIYAM'S MODE OF BUSINESS IS
L• to buv all the most Fashionable Fabrics direct
from the best Manufacturers, thus avoiding all interme-
diate profits; to have all Garments made under his own
supervision, in order to insure good Style and durable
Workmanship and Make. Every article is marked in
plain figures, at the lowest possible price, thereby in-
suring the purchaser economical prices, combined with
equitable dealing. No Garment need be kept after pur-
chasing if not approved.

L. lIYAM, 36, GRACECHURCH-STREET,
CITY.
L. IIYAM, ISO & 190, :110TTENHAM-
GOURT-ROAD, WEST,

There wa no obstruction to the Reform League
demonstration in Hyde-park yesterday, and con-
sequently the whole passed off without disturb-
ance. During the morning atid afternoon the in-
habitants of the suburbs of the metropolis were sur-
prisedP°enidic;emtheen proceeding
in
the by
directionim i en s
ee
fv at% loads a d s o
we
s tf.
neighbour-
hoods of the vestry-halls were edified by the pre-
parations made for the swearing in of special
constables,; and the young- ladies; in the vicinity, of
the *chief barracki were *bleas; iclW4lt the itarchfai
past their windows 2.0 f set_eiitl. fresh- troops frOnfd,
Windso-r• and elsewhere..SNatati:as must have beeii'•
the prospect which daybreak tiseSented to these gal-
lant patriots, sunset brought-:them the mortifying
reflection that their itiel4o4ol4-was gone. Tho
special constables Particularly' deserve the sympa-
thies of an appreciative public. Extensive prepa-
rations were made for the enthusiastic crowds of
middle-class patriots who were expected to besiege
the vestry-halls and police courts in order to be
duly enrolled as protectors of the public peace. At
Clerkenwell, however, not a solitary person ap-
peared at the opening of the court, and only about
a dozen attended afterwards. At the Thames police-
court, although the worthy magistrate entered
upon the duties of his office at the early hour of
nine o'clock, no would-be constables claimed his at-
tention. At Wandsworth the chief incident ap-
peared to have been the application of a bricklayer's
labourer to be admitted as one of the " specials,"
but as his leading idea of the duties of the office
was that there was a shilling to be received and
a supper to be eaten, his offer was for the time
declined with thanks. It is said, however, that
hundreds of special constables were actually
sworn, but it is certain that the number fell far
short of what the public had been led to expect.
The impression of many of these volunteers was that
they were to be led in a body to Hyde-park to im-
mortalize themselves by an open attack upon the
members of the Reform League ; but when they
found that the extent of their duties would be the
preservation of their own shops and thoroughfares
while the constable " on the beat " was drafted off
to duty in the park, and that instead of a varnished
truncheon with a small crown at the end, they were
to be armed with a short length from a broomstick,
their patriotism fell to zero.
The best regulated-band of specials, however,
were those of St. Paul's, Covent-garden. Here
nearly 300 were sworn in, and divided into six com-
panies, under the command of Mr. Lewin, Mr.
Bocking, Mr Barringer, Mr Thomas, Mr. E. Lewis,
and Mr. Henry New, the latter gentleman's corps
numbering nearly 40, and consisting entirely of
particularly enthusiastic
working men. It was a
company, and previous to their dismissal they'
signed a petition to the Earl of Derby in favour of
law and order. The entire body remained under
orders of Captain Corscarden until past eleven at
night, when they were relieved from duty and
quitted their quarters, after having spent a very
pleasant evening together whilst waiting for the
anticipated sacking of London.
The
chief thaty woulde kattractyesterday
:the
afternoon attention
of any one
e n thing
t r ingud
would be the absence of the ordinary policemen.
Many persons went there at an early hour to see
the large detachments of military of which the
morning papers had spoken, but no troopswere
visible. The park looked very quiet and very
beautiful in its fresh spring dress. Towards four
and five the visitors increased, and then they kept
on increasing. Enterprising costermongers, all the
way from the east end, on hawking cares intent,
essayed to enter the gates, but in most instances
they were refused admittance, and sent back be-
wailing their hard fate. A few, however, effected
an entrance, and almost before they had commenced
business a question was being asked respecting them
in the house of Commons. The itinerant vendor
of fluid and compound abominations found no dn.. i
culty in displaying his tray of wares to the thirsty
and hungry ; and the ballad singer, much to his
own surprise, was not ejected when he struck up a
new song in honour of the Reform League. At 5
o'clock the park looked gay with its thousands of
men and women, and its wealth of sunshine. On
the whole the assemblage was the most respectable
in appearance and manner that we have seen at any
of the reform demonstrations. The usual occu-
pants of the Ladies' Mile forsook their accustomed
haunts, and ventured into the more open drives,
where they had a fine opportunity of eye-
glassing the British public, and
awing the
common people with their grandeur. Young
gentlemen of the type superfine strolled
about at a safe distance watching the habits and
customs of working folks. Working folks amused
themselves by returning the compliment. There
were to be seen upon the grass in various portions
of the park considerable numbers of the evil-eyed,
prison-cropped community termed " roughs." They
were looking out fora harvest which never came.
Various games were indulged in by the light-hearted.
Several men, apparently politicians unattached, be-
guiled the time in making speeches on their own
account, generally upon matters quite foreign to
the Reform Bill. 0" painfully modest-looking
individual offered for sale a pamphlet, entitled " My
Vote, and why I want it, by a member of the Na-
tional Reform League." At the end of the book
the following notice was considered necessary :
" Friends who may not fully comprehend the prin-
ciples contained in this little tract are requested to
question the author in writing, enclosing a few
stamps for reply." The groups of young men lying
on the sward here and there were so frank in the
expression of theiropinions that the passer-by could
not avoid having the benefit of them. Now the
subject of debate would be the tailors' strike, now
the political situation, and one man we heard re-
peating to his companions the curse recently uttered
by a Fenian prisoner upon his informer. Occasion-
ally groups might be seen listening to music, vocal
or instrumental. The appearance in the distance of
an unusually large concourse at first set people
, talking and thinking of police egtol koldiersl,but. the

Shortly after six o'clock the first body of known
reformers appeared, walking in two.; and threes, but
without any distinguishing mark. They were at once
recognised, faintly cheered, and largely followed to
the trees in thecentre, where they hilted. Gradually
the miscellaneous groups broke up, and moved
off towards the trees to swell the audience. No
hindrance was offered now or on any subsequent occa-
sion to the Leaguers taking up their positions.
Shortly before half-past six Mr. Beaks, The
O'Donoghue, and Colonel Dickson passed into the
park, and were immediately surrounded by a dense
crowd who escorted them over the turf. They were
loudly cheered. Shortly after this the " platforms"
were occupied, the platform being simply the park
seats. The League had never intended to erect an
actual platform In the grounds. There were ten of
these speaking places, each distinuished by a num-
ber, and the name of the speaker was in some in-
, stances written upon his hat. Number one plat-
form was in the centre, and was occupied by the
president, The O'Donoghue, &e. This was the great
centre of attraction, and here the crowd numbered
some thousands. Very little speaking could be
heard beyond a few yards of the speaker ; in fact
only sufficient of his voice to lead one to lament the
fearful strain upon it which the circumstance neces-
sitated. The -principal feature of this part of the
proceedings was the hearty and unanimous cheering
that echoed from one to the other section. The
speeches were of the usual kind, and can be literally
more easily imagined than described. The turret
and foundation-stone of course wax hostile criticism
of the Reform Bill and its authors. The Govern-
ment were denounced in unsparing terms, and
although
_the speakers had been expressly requested
to abstain from any exultant references to " the
conduct and position of the Government with regard
to the Hyde-park question," the sound of triumph
was heard more than once when the speakers had
warmed to their work. The audiences were indulgent
and good humoured, and although sometimes they
evinced more curiosity than decided interest, they
did not in any instance attempt to interrupt the
proceedings. The audiences varied much in size,
one of the sections being so little patronised
that the appointed leaders had to move off to a new
By far the greater number of the people
::in„tbe.park avoided the platforms; and promenaded
,oit,the,grhss and under the trees, or joined in what-
ever amusements were being promoted. All. this
made up a very striking scene, such as has not been
699.9 in Hyde-park for many years, and will pro-
\
tally-not be seen for many years again. Dozens
of men, seemingly of high respectability, as well as
the roughs, were heard uttering one feeling in com-
mon—a feeling of disappointment, if nothing
stronger, that after all they had come out to see a
peaceful gathering instead of the riot and tumult
they bad expected and would have preferred. The
arrangements as to the speaking were materially the
same as mentioned in yesterday's paper. Each
section before dispersing gave hearty cheers for the
Queen, John Bright, and Mr. Gladstone, one of
them adding three laughs for the special constables,
of whose conduct some extremely contemptuous
opinions were expressed. The chief attraction at
one of the groups was the harangue of a woman in
a sailor's hat. She vigorously asserted woman's
rights, and, indeed, so far as could be gathered, the
rights of everybody to everything. The resolution
proposed and carried without opposition by the ten
sections were the following :

" That this meeting, while-still adhering to registered
and residential manhood suffrage, protected by the ballA
as the only really sufficient measure of Reform in the re-
presentaion-of the people, hail with satisfaction the with-
drawal last Thursday evening of Lord Grosvenor's pro-
posed amendment., and the majority of 81 on the same
evening against the two years' residence clauses in the
Government Bill, and earnestly call upon the House of
Commons-to make that bill a more full and honest measure
for the extension of the franchise by expunging from it
the ratepaying clauses, equalising the borough and county
franchise on the principle of household suffrage, and in-
traducing• a provision for giving .a vote to lodgers, or else
to reject that bill altogether."
While the Government was meeting its supporters
in Downing-street yesterday, and hearing what the
Premier had to say upon the course of the Govern-
ment respecting the demonstration, other and
humbler meetings were being held elsewhere with a
similar object. The executive council met at the
League-rooms to make their final arrangements. Mr.
Beales, the O'Donoghue, M.P., Mr. Hughes, M.P.,
Mr. Taylor, M.P., and Mr. Whalley, M.P. The
decision of the law officers of the Crown which had
appeared in one of the papers was the subject of
long discussion, and its reservation for so long a
period was severely condemned. The resolution
given above was also determined upon. The
Clerkenwell reformers, too, held a meeting to debate
the vexed question of banners and music. The
Council
a ofs
to make the demon-
stration wishing
possible, had clearly deter-
mined to have no flags, no bands, and no " fancy
dresses" of any kind, and to conclude the proceed-
ings within half an hour. The' prohibition of banners
h inoffensivee League,
s
and music had offended the Clerkenwell branch,
who sent a deputation of one man to the League in
the morning to confer with the council upon the
subject. Na concession resulting, the Clerkenwell
members held a second meeting in the afternoon,
and determined to act in defiance of the League
council. Accordingly, after the speaking had been
in progress some time, a baud was heard in the di-
rection of the Marble Arch, and a procession was
seen approaching, headed by a blood-red banner,
from the staff of which dangled the cap of liberty.
This procession marched through the park to their
position to the strains of the Marseillaise Hymn.
Mr. Beales and his friends set the excellent example
of breaking up by about a quarter past seven, and
the President, with the O'Donoghue and Colonel
Dickson, were escorted out of the park by a crowd
so dense that their safety was at ono time very
much a matter of doubt. The broad shoulders of
the O'Donoghue. and the tall stature of the gallant
colonel gave them au advantage which Mr. bales
did not possess, and nothing but almost superhuman
exertions prevented that gentleman from being for-
cibly separated from his colleagues. The remaining
nine sections were slow to follow their leaders, and
with that love of prolonged speech which has ren-
dered so many of their meetings tiresome kept on
talking untill dusk. This was what the council had
anxiously wished to avoid, knowing that when day-
light had gone there could be no guarantee for order
with such a miscellaneous crowd. Fortunately,
however, the park was cleared without any dis-
turbance or accident. The members of the Reform
League carried out their determination to keep and
preserve order ; the Government carried out what it
is presumed was its determination, not to interfere ;
and the sum total was that the Hyde-park demon-
stration of the (ith of May was a gigantic out-door
holiday for large numbers of the working classes.
The numbers present in the park have been vari-
ously estimated at from 100,000 to 150,000, and pro-
bably the last mentioned figure would be nearer time
truth. In the absence of official idol mation, and
the assumed or real ignorance of the police officials,
it is impossible to do more than repeat rumour re-
garding the arrangements made by the authorities.
There were at any rate numerous bodies of troops
and police kept carefully out of sight in Hyde-park
Barracks, in the chief cavalry barracks, and iu some
of the livery stables near the Park. A statement
made as to artillery preparations and military works
within the park must be accepted as part and parcel
of the many absurd things spoken of in connexion
with the demonstration. Had there been a disturb-
ance it is pretty certain it would have been promptly
dealt with, but, as has been stated before, no occa-
sion arose for testing the efficiency of the "reserves."
The only approach to a disturbance we saw was when
a couple of policemen arrested a pickpocket and po-
litely. showed a too enterprising costermonger the

The directors of this company have issued a report
of considerable length, to be submitted at the special
general meeting of proprietors on the 9th inst., when
it will be competent to discuss all matters relating
to the business of the company. The directors fully
explain why the Board did not feel at liberty to
furnish the committee with documents capable of
being used adversely to the interests of the company.
They give the most unqualified contradiction to the
statement " that the directors were interested in
these lines; that they were directors' lines," and
d. Clare it to be without the slightest justification
or foundation in fact. The Board, in common
with the proprietors and the public, look back
with regret upon the policy forced upon the cons-
pany by Parliament in encouraging 'competing
lines to an extent wholly uncalled for by any
public interest, while at the same titne holding
out hopes that by the expenditure of capital in
accommodating the districts adjoining the main line
hostile projects and their injurious effects might be
avoided, or greatly mitigated. They state that
during the past two years the proprietors were fre-
quently and fully. made aware from time to time
that the steps so explained and sanctioned by them .
at the meetings had for their declared object the pos-
session as the property of the company of
the Surrey and Sussex and the two other
lines under consideration. In 1858 the first serious
opposition had to be encountered by the company
being compelled to promote a line between Shore-
ham and Horsham, and a f ter full inquiry was granted
to the Brighton Company. In the session of 1863
an attempt was made to establish a line between
London and Brighton through the district on the
east side of the main line, and, after an inquiry of
26 days, was unanimously rejected by the House of
Commons. In 1861 it was agAin brought forward
and rejected on the second reading. In 1866 the
bill was again brought forward and sanctioned. In
1861 the Surrey and Sussex Junction was first
brought forward. Atnple quotations from the re-
ports of the directors and the speeches of the chair-
man at meetings of the company show that proprie-
tors who took any interest in the proceedings and
affairs of the company must have been fully in-
formed of what was going on. Those who merely
received their 6 per cent. dividends and took no
heed in years past of what was going on until the
dividend came down to 4 per cent., and threatened
to be less, might perhaps read the details given in
the report. The most important portion of the re-
port, however, is the following :
" With reference to the financial position and
prospects of the company, the directors have to
offer tke following observations :—The works and
all further liabilities have been suspended in con-
nection with the following lines, in respect of which
about £687,000 has been expended :—Ouse
21 miles; St. Leonard's, 15 miles ; Tunbridge Wells
and Eastbourne, 15 miles ; Shoreham and Henfield
widening and Worthing spur, 18 miles ; Surrey
and Sussex, 24 miles ; Chichester and Alidhurst,
11 miles ; and West Sassex Junction, 11 miles—
total, 116 miles. The authorised capital and bor-
rowing powers in respect of these lines is
£2,806,600; the expense and liability incurred
£687,000; leaving in abeyance £2,119,600. Ex-
clusive of any further expenditure on the foregoing,
the sum required to meet all the obligations of the
company, including the completion of the suburban
lines (which promise to be very remunerative), the
temporary loans, the plant necessary for the addi-
tional lines, and all outstanding claims may be stated
at £1,592,000. This will place the company in pos-
session of the following additional lines and works,
with the necessary plant and appliances, for making
them remunerative—viz., the South London and
Sutton line, 12 miles; Tooton, Merton, and Wimble-
ton, 5 miles ; New-cross Junction line, 1 ;
Battersea lines and Victoria Improvements; 2 miles;
Leatherhead and Dorking line, 5 miles ; Horsham
and Dorking line, 14 miles; Uck field and Tunbridge
Wells and Lewes Junction, 14 miles ; Kemp-town
Extension, 1 mile; Croydon Central line, 1 mile
total 55 miles. When the foregoing expenditure has
been made the capital of the company may be stated
as follows, viz. : —Mortgages and debenture stock,
£4,400,000 ; preference stock, £8,300,000 ; ordi-
nary: stock, £5,400,000; total £18,100,000. Tberc_
venue for the year 1868 may bw estima.tie(lB.4,o44;
lows :---The gross revenue for 1866 was
from the open-
additional revenue to be anticipated
.1 ;
ing of new lines, £ls6,ooo_total.,
.478481,-.731.4t1;
probable increase for the year 1867-8
working expenses, say £744,400, leaving itrest .is de-
, from this mortgage and debenture_
546,314 a
_ain
ducted, £198,000, there remain l;eavges a
deduct preference dividend,
saY.
shows--1. That
surplus of £131,344. This statement X:142,80,0
stock is amply secured, leaving a surpl
•
2. That the interest on the preference capital is
covered, and that a surplus is left of £131,341 avail-
The yearly increase of
able for ordinary capital.
the interest upon the mortgage debtuasnod. (..15eble6n,3tu4r4e.