The Sun.
London, England, 1858-10-14 00:00:00

BROKERS.

Messrs. Philip Cazenove and Co., Threadneedle-street, Lon
don.
Messrs. Boyle, Low, Pim, and Co., Dublin.
Offices, 40, Cannon-street, City,

The establishment of a ffest-olk.i packet 'station for Europe
and America, on the west coast of Ireland, is imperatively de-
manded in the interests of the Government and of thepeople,
as the means of securing the shortest sea-passage between
the two hemispheres, and effecting a great saving in the colt
of transport.
The social and commercial intercourse between this country
and America presents every year a wonderful increase, and
the intense interest lately manifested by all claszes of the com-
munity in the endeavour to bind together the two continents
by the electric cable affords a fresh proof of the urgent desire
which exists for greater rapidity in the postal service.
The port of Galway possesses unrivalled natural advan-

tages, as the westerdpicket station for the rapid transmission
of mails and passengers from Great Britain to the United
States and British North America, being 3CO miles nearer to
America than Liverpool. It is accessible for ve3sels of the
largest class at all times of the tide.

Galway has direct railway and steam communication with
London, via Holyhead and Dublin, the passage of the Chan-
nel occupying only four hours. This Company has exclusive
privilezes for the conveyance of passengers and freight over
the railway from Dublin to Galway, at exceptionally low
rates, for a long period ; and the Government have remitted
all harbour dues and charges for the port of Galway upon ves-
sels owned by:this Company.
•Galway has a telegraphic communication with all parts of
Europe :—it has three iron foundries, where steam machinery
can be repaired ; its warehouses are capable of being made the
American grain depot of the United Kingdom ;—and its hotel
accommodation is excellent.

By adopting the Galway route, the Governments of Eng-
land and America, and the commercial and manufacturing
communities of the two countries; will effect a saving of from
twenty-four to forty-eight hours in each passage. The dan-
gers of the Channel navigation will be avoided, in which more
than a thousand lives, and over five hundred ships, are lost
annually. The saving in insurance. premiums on ships and
cargoes, in the wear and tear of machinery, and in the dimi-
nished consumption of coal, tallow, engine-stores, and provi-
sions, will enable this Company to make such a reduction of
fares and freights as will prove a great public benefit, and
command an increasing and profitable traffic.
The importance of this route is highly 'appreciated by the
Governments on both sides of the Atlantic ; and the peculiar
advantages which it presentswill undoubtedly secure the trans-
mission of the mails, not only to the United States and British
North America, but through the Hudson's Bay territory to
Vancouver's Island and the Gold Regions on.the Pacific.
These considerations induced Mr. John Orrell Lever, of
Manchester, to place four powerful steamships upon this line,
and to despatch them all at bi-weekly intervals to the ports of
St. John's, Halifax, Boston, and New York. These vessels
have all carried out full cargoes of passengers and goods, and
the rapidity of the sea passage from shore to shore has been
such as to be accomplished in less than six days, thus en-
abling a message to pass from London to Washington in little
more than six days.
A practical demonstration having thus been given of the
superior advantages and economy of this route, and the public
having called for a much larger development of the under-
taking, the Atlantic Royal Mail Steam Navigation Company,
Limited, has been formed upon a basis which entitles it to the
support of the public as a national and commercial enterprise
of the first rank.
The Company will commence business without any of the
risks attendant; upon experimental operations. Arrange-
ments have been made for the purchase, on equitable terms, of
all the vessels now running, together with the valuable con-
nexion already secured ; and the experience hitherto gained
will enable the Company to select such other steam ships as
are best adapted to the service with the greatest economy.
Important arrair-rements have also been made for the con-
venience of trvellers with the Grand Trunk Railway of
Canada, and with nearly all the railway companies in Europe
and the United States, comprising altogether 2,167 railway
and steam packet stations, for booking passengers through
the whole extent of the lines.
The rapidity with which communications have been made
by the steamships of this company between Europe and
America has led the Directors to take into consideration the
propriety of making such arrangements with the Electric
Telegraph Companies of the two Continents as will secure to
the commercial communities the advantage of at least five
days' later information than by any other existing route.
The Hon. Robert Grimston, Deputy Chairman of the Elec-
tric Telegraph Company, will give this Company his assist-
ance in directing these arrangements.
A connexion has also been formed between this line and
the American Express Company at New York, by which the
greatest facilities will be secured for booking passengers, and
sending specie, gold dust, and valuable packages between
Europe and all parts of America, and Canada, as well as
California and British Columbia

In consequence of the present low price of shipping, the
proposed capital of £500,000 will be sufficient to supply steam-
ships for a regular weekly packet service ; but as the assur-
ances of support which the Directors have already received,
and- the prospects of a remunerative business, justify the
expectation of a demand for more extended operations, power
has been taken for increasing the capital when the success of
the working has been more fully established.
The promoters have spared neither time nor labour in com-
pleting all the preliminary arrangements, in order that the
money, subscribed by the shareholders may at once yield a
profitable return. More than one-third of the capital has
already been subscribed by parties practically acquainted
with the requisites for carrying out such an undertaking
economically and successfully. This fact will afford the best
guarantee of the satisfactory nature of the arrangements
which•have been made for the management of the Company.
Applications may be made for the remaining shares in the
subjoined form, addressed to the Directors at the Offices of
the Compdny, or to either of the Brokers.
Each application must be accompanied by a deposit of £2
per share.
The Directors reserve to themselves the right of allotting
shares to finch persons, and in such numbers, as they may
think proper. The deposit will be returned if the application
be not acceded to.