The Sun.
London, England, 1858-08-26 00:00:00

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LONDON, THURSDAY EVENING, AUGUST 26, 1858.

EAST INDIA HOUSE, August 25, 1858.
THE COURT of DIRECTORS of the EAST
INDIA COMPANY DO HEREBY GIVE NOTICE, That a
SPECIAL GENERAL COURT of the said CO3IPAN Y will be held at
their House in Leadenhall-street, on MONDAY, Aug. 20, 1854, at 11
o'clock in the forenoon, for the purpose of submitting for the con-
firmation of the Proprietors the Resolution passed by the General
Court This Day ; approving an unanimous Resolution of the Court
of Directors of the 11th instant; granting an Annuity of 22,000 to
Sir John Laird Mair Lawrence, Bart., G.C.B.
J.ID. DICKINSON, Secretary.

A USTRALIA.—OVERL AND ROUTE, via
.C 1 Malta, Alexandria, Aden. Ceylon, Melbourne, and Sydney,
from Southampton on the 12th, and Marseilles on the 18th of every
month.—For book of fares, to secure berths, and for all particulars
of the Royal Mail Steamships, apply at the Steamship Office, 33,
Regent-circus, Piccadilly, London, W.

~ ~-

c~.-~.

~~~ - ~

satisfactory to the proprietors, and give them confidence in
the future prosperity of the company."

PRICE 4D, STAMPED, SD.

day at the office, Cannon-row, Westminster—Mr. I. Butt,
M.P., in the chair.
The Secretary read the report, which stated that arrange-
ments were in progress, and the directors trusted on the eve
of completion, which would ensure the early opening of one of
the most important portions of the undertaking. It had been
agreed that in the first instance arrangements should be
made with eminent contractors for the completion of the
line between Cork and Queenstown. The directors had
not the slightest doubt that the opening of this would
be immediately followed by the completion of the entire
undertaking. To meet the requirements of the contractors'
offer, it was necessary to obtain on the company's deben-
tures the loan of £90,000; of this sum £15,000 had been
taken by the landowners on the line, and an offer had been
made to the directors of the remaining £75,000, so soon as
a resolution of a general meeting should place the company
in a position to legally borrow that amount. Subject to
this, the directors had no reason to doubt that in a very
few weeks all those arrangements would be completed, and
the works upon the Queenstown branch be actually com-
menced.

EAST KENT.

The report by the directors to be presented to the share-
holders on Monday, the 30th August, says :
The directors have the pleasure of reporting that the Wes-
tern Extension Bill, authorising this company to construct a
line from Strood to St. Mary's Cray or Bickley, and giving-
them running powers over the Crays and the West-end and
Crystal Palace lines, received the royal assent on the 23d
ultimo. The Victoria Station and Pimlico Railway Bill,
which extends the \Vest-end and Crystal Palace line to a
station near Buckingham Palace, has also received the
royal assent. The Crays company have ceded to this
company their right of making tha two miles of line
between Bickley and St. Mary's Cray, and have un-
dertaken to double within 12 months the line be-
tween Bromley and Bickley now open as a single line.
The directors have entered into agreements with the Crays
and the West-and and Crystal Palace Companies as to the
tolls to be paid for running over their lines, by which the
East Kent are to fix the fares, and those companies to re-
ceive a mileage proportion of the same less 20 per cent. for
locomotive expenses and wear and tear of rolling stock.
The proprietors have already confirmed the agreement en-
tered into with the Victoria Station and Pimlico Railway
Company, and the promoters of that line subsequently con-
sented to the insertion in their act of the following clause
for the protection of the interests of all parties :—" And in
case any dispute shall arise between the companies with re-
ference to the matters contained in this provision, the same
shall be determined by the Board of Trade or by an ar-
bitrator appointed by the said board, and the agreement
shall be subject also to revision, whether temporary or
permanent, with reference to the rate of payment per
passenger to be made by the East Kent Railway Com-
pany to the company in any event in which it shall ap-
pear to the Board of Trade that circumstances have arisen
with reference to the traffic carried by the East Kent Rail-
way Company which make such rate of payment unreason-
able as regards sucklast-named company, and the terms
and extent of such revision, if not agreed between
the respective companies, shall be determined by an
arbitrator to be appointed by the said Board of Trade."
Messrs. Peto, Betts and Crampton have executed a contract
to complete the Western Extension line ready for opening
to the satisfaction of the Board of Trade by the Ist October,
1860. The whole of the capital required for this line has
been satisfactorily placed. The permanent survey is being
proceeded with as rapidly as possible. Possession of the
necessary land will be obtained by the Ist October next,
and the works will then be at once commenced throughout
the line. The proprietors may be assured that by the Ist
October, 1860, they will have open for traffic a continuation
of their line from Strood to the new station in the neigh-
bourhood of Buckingham Palace entirely independent of
any hostile company, and thus the direct and independent
route from the metropolis by Chatham, Faversham, and
Canterbury, to Dover, which the county of Kent has so long
contended for, has been at length secured. Great inconve-
nience has resulted to the public from the violation by the
South-Eastern of the traffic arrangements which they en-
tered into with this company in January last. The direc-
tors seeing the great inconvenience which would result to
the public from the course which the South-Eastern Com-
pany were about to pursue, requeste I them to continue the
existing traffic arrangements until the Board of Trade
should give their decision, but they did not even reply to
that request. The directors have appealed to the Board of
Trade on the subject, under the 42d clause of their
Act of 1853, and the matter now awaits the decision of that
tribunal. This conduct on the part of the South-Eastern
Company most strongly proves the justice of the decision
of Parliament last session in granting the Western Exten-
sion line, on the ground that the public convenience im-
peratively required that the East Kent Company should
have an independent access to the metropolis. The traffic
returns between Strood and Favershatn are very satisfactory,
and although the line has been working but a few months,
the receipts are considerably larger per mile than on many
other lines of railway, which is the more satisfactory when
it is considered that the line not being at present open be-
yond Faversham, is dependent for its revenue entirely on
the local traffic of the district. The subjoined statement
shows the receipts per month and the steady increase in the
traffic from the commencement :—Six days ending Jan. 30,
£2ll 7s. sd. ; ditto Feb., £725 6s. 11d.; ditto March, £712
17s. 3d. ; ditto April, £1,448 13s. 9d. ; ditto May, £1,309 lls.
101; ditto June, £1,807 4s. Ild. ; total, £6,215 2s. ld.
Looking to the above returns and the usual increase in rail-
way traffic the directors consider that the local traffic alone,
even before the line is completed to Canterbury and Dover,
will be very considerable, more especially when the traffic
om Sheerness is brought upon it, which they believe will be
the case in a few months. The directors, feeling that the
completion of an independent route to the metropolis for
that portion of their line which is already open was of the
greatest importance, directed their earnest attention to the
effecting that object, but they have not lost sight of the im-
portance of completing their line to Canterbury and Dover.
With this view the directors have obtained extended powers
from Parliament for dealing with the forfeited and unissued
shares which they trust will enable them within a very short
period to raise the necessary capital. Resolutions for giving
effect to these powers will be submitted to the meeting. In
the meantime the works at Ensden tunnel and cutting are
proceeding satisfactorily, and are so for advanced that the
whole line may be completed in twelve months from the
present time. The hostile attituee assumed by the South-
Eastern Company and their apparent determination if pos-
sible to obstruct the traffic of this line even to their own
injury has occupied the attention of the board. After
mature consideration they are induced to ask the proprietors
to invest them with authority to apply to Parliament,
if necessary, in the ensuing session for such powers as will
enable them to develop the traffic on the line and to secure
proper accommodation for the public."
The revenue for the six months appears to liqve been
£6,393 19s. 10d., and the expenditure £5,527 17s. Bd.;
leaving a net revenue of £876 2s.
The following is the general balance-sheet :

On the motion of the chairman the report was adopted.
Other formal resolutions having been agreed to,
The meeting was then made special, and a formal resolu-
tion was passed authorising the directors of the company to
borrow upon mortgage or bond a sum or sums of money not
exceeding in the whole £OO,OOO, payable in seven years,
and bearing interest at a rate not exceeding 6 per cent. per
annum.'
The proceedings then terminated.

DR.
To out-standing accounts due by
capital. £25,468 0 7
Less amount due
to capital ...i12,87G 1 7
Ditto cn account
of revenue.... 3,952 16 8
---L16,831 17 10
------,t8,636 2 9

To out-standing accounts due by
revenue £6,228 8 3
Less amounts due to revenue 112 1 0
- -0,116 7 3

£14,75210 0

CR.
By balance of capital account X.8,636 2 9
By stores in band
By cash at bankers 1,399 6 5
By balance of debenture interest account 4,647 4 1

£14,75210 0

EDINBURGH, PERTH, AND DUNDEE.
The half-yearly meeting of this company was held at
Edinburgh on Tuesday—Mr. Balfour in the chair.
The CHAIRMAN expressed regret that the directors had
not a more prosperous statement to exhibit, but said the
falling off in their revenue was only what they had experi-
enc6d in common with other companies. Their passenger
traffic iiad been all along exceedingly good, and he was not
without hope that the goods traffic would soon recover from
the depression into which it had fallen. The report showed
that the gross revenue for the past ha-year was less by
£5,275 than that of the first half of 1857, but, on the other
hand, the expenses were less by £8,324, the 'half-year now
closed being therefore better than the former by £3,049.
This would have placed the ordinary shareholders in a good
position had it not been for an increase of £5,846 In the
debenture interests and preference dividends for the last
half-year, which left the company in a worse position to the
extent of £2,597. Considerable progress had now, how-
ever, been made in renewing these debentures, and
many of them at more favourable rates. Last year
the directors had expended £15,000 on repairs and re-
newals of plant, against £lO,OOO in the corresponding half-
year, which evinced the directors' determination to main-
tain the line in a state of efficiency. The chairman con-
cluded by moving the adoption of the report.
Sir W. DUNBAR, M.P., seconded the motion, which was
unanimously agreed to.
The CHAIRMAN next moved the payment of the interest
on the debentures and preference shares in accordance with
the recommendation of the report, all payable on and after
the 7th of September.
This resolution was seconded by Provost TAYLOR, of
Leith, and agreed to.
A vote of thanks to the chairman closed the proceedings.

--ee•
E ta Pek.ePE
ATLA T; ' -
tei‘
Mtatil;
The sentiments of Wxulinteane''' ..hich
have been excited on bett . tic by
the completion of the 'gitafeAl9-eerrei-t
itn+ the best of' all testimonies toile glAde and utility
of the work. It is upon the popular mind that the'
• ref aph bear
magnitude and consequences of this mighty enterprise
have been most strikingly impressed. Before gratu-
lations could be transmitted from Government to
Government the people of the two countries gave
vent to their joy. Their feelings instinctively taught
them that a feat of marvellous import had been ac-
complished, and that in some manner or other,
through agencies either immediate or gradual, direct
or indirect, the concord and amity of two kindred
States had become a greater certainty than before.
In England we talked and thought •hbout it, till at
last the success of the enterprise burst with almost
unexpected abruptness upon our ears. In America
they have done even more. Preachers took the topic
into the pulpit, and addressed their congregations
upon the beneficent powers of the intercourse which
now, by God's blessing and for God's purposes, had
been at length achieved. The secular authorities fol-
lowed with equal animation and zeal. Meetings are to
be held, resolutions voted, and festivals given, and
we may already learn a lesson from our American
brethren in their prompt recognition of national ser-
vice. The expedition from which the Agamemnon
has successfully returned was at least as important
and as heroic as any of those which, in old times,
brought down the acknowledgments of Royal visits,
knighthoods, promotions, and gratuities.
We must say, however, that the instinct of Ame-
rican citizens has carried them straight to the mark.
The voice of the people has been the voice of truth.
The real import of this surprising feat is the con-
nexion of the two nations already united by links of
lineage, institutions, and speech, and separated only
by the space of waters which the wonderful wire has
now annihilate& We may regard this last conquest
of man over nature from many points of view. We
may discern in it the crowning and conclusive esta-
blishment of telegraphic intercourse ; for now that
2,000 miles of a stormy ocean have been successfully
traversed there remains no gulf or distance on the
globe Which may not be bridged. Take. the map of
the world, and, it will be seen that if points 2,000
miles apart can be thus connected, the problem of
universal communication is solved. By the aid of
islands we can easily cross the Pacific. and find our
way to China; through the Indian Archipelago we
can readily grasp Australia, and as overland wires
present little difficulty in America, there is no reason"
why our correspondence with Vancouver's Island al
well as with Newfoundland should not be instant 1-
neoue. This is one aspect of the victory, but it was
not this which was seized upon by the American mind.
The people of the States saw only the great face
that the New World was now linked to the
Old, and they were justified in their discern-
ment. For years past the involuntary tendency of
events both in England and America has been to-
wards this consummation. It is not a little striking
to look back upon the struggle. We have colonies
and possessions creating interests which, at first sight,
may appear nearer and dearer to us than any pro-
duced by the American continent. We have the im-
mense territories of Australia, rich in all the bless-
ings of climate and fertility, and excelling even
California in mineral wealth. We have the magni-
ficent empire of India, with its 150,000,000 inhabi-
tants, its mighty provinces, its ancient lustre, and its
undeveloped means. Yet to neither of these has the
electric intercourse been speeded. Our Australian
colonies are even now complaining that they cannot
get the assurance of ordinary postal communication,
and the telegraph to India, though inconceivably
easier of accomplishment than that to Newfoundland,
has only just been commenced. Twelve months ago
the eyes of Englishmen were fixed on Ipdia with an
anxiety which nothing could exceed ; but the affair
did not end in a telegraph. It is only with
America that we have placed ourselves in these
intimate relations—only with New England that
Old England is united. The same irresistible
though insensible attraction has been operating for
years. Steam navigation fell into the same line, and
was developed on the same field. It was the first
ocean steamer, as it is now the first ocean wire, and
the speculations about the possibility of an Atlantic
steamer exactly foreshadowed the discussions about
an Atlantic telegraph. When it was found that the
novel voyage could be actually accomplished the
energies of the two countries were thrown into the
work, till the Atlantic steamships excelled all other
steamships as much as steam excels sail. Nowhere
has there been such a mortal race of man against the
elements, and always with the one object of bridging
the great Atlantic Ocean. It is now bridged indeed,
and, as the first steamer which reached New York
was but the pioneer of the finest vessels in the world,
so may our single wire, now laid amid the wonder
and rejoicings of millions, prove but the prototype of
perfect union.
The homage paid to this wonderful enterprise is
enhanced by the fact that the novelty of the prin-
ciple has been long extinct. The real marvel of the
electric telegraph consists in conversing at a dis-
tance, and the extension of the distance adds coin-
paratively little to the original miracle. When it
was ascertained that Aberdeen and London could
exchange messages in a few seconds of time, and,
above all, when the communication between Bou-
logne and Dover showed that the sea offered no
impediment to the new agency, little more in the
nature of surprise seemed likely to be effected. The
e.ectric current could be transmitted along a cer-
tain metallic channel, it could be turned to pur-
poses of communication, and the mere length of the
wire employed seemed an item of little weight in the
estimate. Perhaps, indeed, if the first attempt of
1857 bad been successful, we should have thought
less of the result; for it is the nature of the human
mind to leap from one victory to another; and to
think that any step can be accomplished after the
first has be6n achieved. As soon as we had crossed the
Channel we prepared to cross the Atlantic, and, if
our confielence had not received a check, we should
Probably have less appreciated the triumph which
awaited us in the end. But the failure ofthe first effort,
and the renewal of the disappointment upon another
trial, taught us that all our energies were indeed de-
manded for the work before us, while the dreadful
tempest encountered and survived by the Agamem-
non proved what dangers and difficulties still lay in
our path. It is not too much to say, indeed, that
after the ships had a second time returned
pot
the
unsuc-
cessfully from their rendezvous in mid-ocean the
hopes of both countries were seriously diminished,
andman
hitadbencanmt became a t
hqi us e tt it oe
in
pnwt
obstacles of nature. But courage and devotion
hbectehner overcometh e powers s
have received their reward, and we are conquerors
in.the strife. The augury is a grand one. Now
that England can converse freely with America
across the Atlantic Ocean what is there of which
science need despair ?
It is impossible but that the prospects of peace
should be improved by an intercourse which
almost extinguishes the chance of a misunder-
standing. Englishmen and Americans can now
certainly never quarrel over a mistake, and that,
we trust, is equivalent to an assumption that they
cannot quarrel at all. Perhaps this result is none
the less probable because we are often exchanging
hard words with each other. People who are
prompt to jangle " rarely fight. Bickerings
furnish a vent for ill-temper, and estrangement
is not thought so niuch of when it occurs for the
hundredth time, having been always followed by re-
conciliation before. There is another consideration,
too, in favour of peace, which is, that as America
becomes an older country she is assimilating more
in ideas with older States, and losing the chief ele-
ment of difference between her views and our own.
But the great bond of all must be fixed and immov-
able in the sympathies and convictions of the two
nations. What have Old. Englanders and New Eng-
landers got to keep them asunder except those
leagues of ocean which are now annihilated ? This
is oe of the forms in which truth must ever prevail,
if only it can be recognised, and now that recognition
appears so certain we may reckon with assurance and
thanksgiving upon the result.— Times.

MAIL ROUTES TO AUSTRALIA.—A memorial to the
Government in favour of the despatch of a fortnightly mail
to Australia, by tke Panama and Suez routes alternately,
has been numetously signed by the leading mercantile firms,
members of the townreouneil, na:gistrates, &c., of South-
iiii;ll.ou3, during the week._
r A
lency,
w or-
" indigestion elyspr psia),"ilatu-
cures, without medicine, i.i. . . -"d livtr ci,znpfaints,
• ...,, Harry',
agony L
Dfc:
0::::
td.ri
p3i..sa,s
t,p_i
dyspepsia,
1,]::::::::icisgo.liso: quote some
ciiugh, asthma, consumption, and debility, by
delicious R,va,lenta Amb ca food:—Cure N0.49,a2—"
thani Linl, mar Dies, Norfolk : Fitly year'
cough,indescribable
t(v l biei ili Itt ya
consti-
pation, flatulency, Ep as til 5, kickuess at the 6,tuitiaelt, and
vomitiag9, have been removed by Du Barre 's exet-l'ent
‘;Revalenta Arabica food.— Maria Jolly."of NC
au
zr
je
1:0\.,i3c,
a:
a 6 g—e,
havel:h irbtecerni ryeetaniO‘''
Arabica food.—Atbot-street, Perth ; James Porter." Cure
removed
obgyh ,131 : i digestion,
eaxnedengeennteriitl
liLl6seirtlisz,abaethejfre°4'4 er: cute nervous-
uNeos.o 47i,Waltham-cross,nl,l2ilg—es't'i
01n ,
gatherings, low spirits, and tier-
vons faccics." Cure No. .18,314 --- ~ Hiss
Elizabeth
Yeoman, Gateacre, near Liverpool: a cure of ten yearn
dyspepsia, and all the horrors of nervous irritability.,,
Supported by testirnmials from the celebrated professors of
Dr. 'Wurzer, Dr. Ingram Lord
chemistry, Dr. Andrew Ure, Dr. Shoiland, Dr. Harvey, Dr.
Thom li:* d 'other
respectable ing an many
StuartCatripb
de Campbell, ,DDecries? ritai.llioerr.,G e n .
respectable persons, %hose health has been restored by it,
after all othor means of cure had failed. Suitably packed
with full directions. In canisters, 1114, 2s. 9d.; 21b., 45.
6d.; 51b., lls. ; 121 b., 225. The 121 b. canisters are sent
carriage free, on receipt of Post-office order. Barry, Dil
Barry, and Go., 77. Regent-street, London; and through
al c'lemists and grocers in town and country. Import ant
Caution against the fearful danger of spurious imitations.—
The Viu-Chancellor, Sir William Page Wood, gt anted an
iniunclile on March 10, 1854, against Alfred El o,per Neva!,
toe imitating "Do liarry'a Wval, uta Arabica Food."