The Sun.
London, England, 1858-01-15 00:00:00

GAWLER AND KAPUNDA.

It appears that the South Australian House of
Assembly has authorised a loan of 180,000/. for the
construction of a line between Gawler Town and
Kipunda.

MANCHESTER, SHEFFIELD, AND
LINCOLNSHIRE.
The directors of this company hale just issued
their report. It states that the accounts of the half-
year show a total revenue of 310,7191. from all
sources, a total expenditure of 154,2331., and a ba-
lance of net profit of 156,4851., which, with
balance of 1,0461. from the previous half-year, gives
a total sum of 157,531/. available for interest and
dividend. The debenture and other interest oharges
against the half-year amount to 65,6751., the canal
annuities to 13,7341., the dividend on debentin e
stock to 350/., the dividend on the 6/. preference
shares to 23,6861., the dividend on the 34 per cent.
preference stock to 5,9591., and the dividend on the
6 per cent. preference stock to 26,1601., making a
total charge against the above net balance of
157,5311. of 135,5641., leaving 21,9671. available
for dividend on the ordinary stock of the company.
The directors recommend the proprietors to pay,
after providing for the whole preference dividends
and charges, a dividend of 10s. per 1001. on the or-
dinary stock of the company, or at the rate of 11. per
cent per annum ; and to carry forward a balance of
2,4651. The debenture debt of the company falling
due on the Ist Jan., 1858, has been paid off or re-
newed under circumstances, upon favourable terms,
though the directors have been compelled to renew
loans falling due at 3i or 4 per cent., at rates of 4
and 5 per cent. The company's traffic receipts show
an increase for the half year of 22,1481. The local
rec,:ipts of the company for passenger traffic have
wen 69,9001 , as against 64,844/. in the oorrespond-
ing half year of 1856. The receipts for foreign pas-
senger traffic have been 26,239/. as ruainst 16,ing 0401.
in the corresponding half-year of 1856,
show a
total increase to the passenger traffic of 15,345/.
Time increase on the goods traffic has been*itt,Blo/.,
shovr
and a upon the mineral traffic 1,020/net increaseworkin ofg
3 expenses 6/.
of
The t
herail
way
189 maintenance and renewal of working
stock cost 28,3421., against 22,186/. in corresponding
and completed
half of 1856. Daring the half-year the contractor fo;
the permanent way has taken up the whole of the
way between Ma h ng
ltihnwees, with the exception of three
the fishing
of
otfortdrih,eo blocksonpermanentbo tohn
expenses of the canals
uc ester and Ret-
miles of single line. The
showing an
increase of 2,7281. The
amounted to 22,802/. against 20,0741.,
increase of 35,789/ , of
whichcapitalaccount exhibits an
29,8461. is for land
and works sanctioned at tdate of the last half-
yearly meeting, and 5,943/.e
for
new works ordered
during the half-year. The works. in progress are the
graving dock at G • rimsby, which is expected to be
completed by Feb. 1, upon which 25,112/. has been
expended ; a new hoist, at Manchester, estimated
to
cost about 3,850/. ; extension of sidings at Ard-
wick, estimated coat 2,000/. ; which are expected
to be completed by the end of February. A new
warehouse has just been completed at Ardwick,
at a cost of 1,900/. The latter works in pro-
gress have been rendered necessary in consequence
of the obstruction dieted to this company's
working by the London and North-Western
Company. The short branch to Hyde is in
course of completion, and is estimated to most about
6,5001. The curve at Lincoln, to connect the Mid-
land and Great Northern lines, is also in vrogress,

and will involve a forth r chargq o cai 2,5C0/.
Considering the de-p int.rost which the allied crray.
s (Great Nur:,ll rn, and M,uchester,
and Linco'nshil e) whose lines amount to 456 k olil-
together, have in uninterrupted access to Liverpool
forinterchange of traffic, and bearing in mind the
obstructions which have been put in the way of the
tra,dic or tnese companies, the directors of the Great
iN,:nthrrn, c•:-or er,tfo; with those • the
t.! ,ny, ; d j 'et 70 s .ne-
tion of the pt opt,etors, to take a lease of the War-
rington and Stockport Railway. They also propote
to prosecute a short extension from Garston to Par-
liament-street, in Liverpool. Th- oldigat ions of the
lease are not in themselves large, and the corst of
the ex, en4i ,n to Gars- o•, is 140,0001. The tom-
' parry's relations with surrounding and independent
companies, except the London and North-
sathtaitti:
Western, continue of the most friendly end
factory character ; and the directors hope
as time goes on, the competition begun by the
London and North-Wes' ern Company, leading
to reduction of rates, in which the directors of this
company have endeavoured merely to follow, and
not to set the example or to lead, will cease, end
that by the exercise of mutua,l forbearance and
mutual concession further damage to the general
interests of railway property will be avoided. Not.
withstanding the small amount of dividend pro-
! posed 'o be declared this half-year, arising from e:x.,
ceptional causes, it will be satisfactory to remind
the proprietors that the net profit of the year end-
ing the 30th of June, 1853, was 175,0811., while
that of the year just ended is 395,8311., shwing an
increase of 130,7471. The capital account short
that 8,923,9121.5 had been received, and 8,883,306/.
expended, leaving a balance of 40,1061. The re-
venue account for the half-year ending Dec. 31.
shows that 310,7191. had been received, including
31 0941. for the canals, 5,566/. rents, 8,1721. re-
ceipts from the South Junction line. The expendi-
ture in working the railway amounted to 131,4311.,
or 49.99 per cent., and the canals to 22,8021., or
66'87 per cent., making together 154,2331., and.
leaving a not profit, as above, on the working of
156,485/.

LIEUTENAAT-OOLONEL SIR H.
01Y THE GOVERNMENT 014 INDIA.

REPRESENTATION OF REIGATE.

Among the numerous candidates for the represent►.
tion of the borough of Reigate, vacant by the death of
Mr. W. Hachblock, are Sir H. Rawlinson, the Hon. J.
W. Monson, Mr. Wilkinson (the late member for Lam-
beth), and Mr. Doulton (Doulton and Watts, Lambeth).
On Wednesday evening Sir Henry Rawlinson addressed
the electors at the Reigate Town-hall; and, after dig.
cussing the various topics incidental to the address of a
liberal candidate referred to the all-absorbing subject of
India.

Sir HENRY said that having gone through the various
public questions in a brief manner, he now came to what
he considered to be the great topic of the day. (Applause )
It was such a va=t and important question that be could
not undertake on that °cession to examine it in detail.
He could not go into the question of the origin of the
present mutiny, or of the means which had been taken
to suppress it. He could not discuss the present state
or future prospects of the country. It was a far more
serious que3tion than any our rulers ever disposed of.
He had been fully imprt seed with that opinion from the
commencement, and had done everything he could to
induce others to adopt that opinion. It was evident to
him that the outbreak never was what is called a
military mutiny ; it deserved more the name of a national
movement. It must be remembered that a military
mutiny was a mutiny for military purposes ; but the
sepoys had been acting for others, and had been
used as instruments for carrying out the designs of
those parties, the object being no doubt to drive
us from the country. That was the real state of
thing.. It was no mutiny of a few soldiers, but
a far graver question—that of the security of our
Indian (.napire. Now the electors were aware that is
bill was about to be brought into Parliament with aview
of providing for this Brea, difficulty which now stared us
bathe face, by transferring the government of India from
the East India Company to the crown. The East Indian
government was carried on, as they were aware, by what
was called a double government. No one could be more
sensible than himself of the evils of the double govern..
ment—(heal)—afthough he was one of the directors, but
placed there by Government, and not by the share.
holders. He assured the meeting that if any proposed
change oould be shown to be to the advantage of India,
not one of the directors would raise his voice against it.
<Cheers.) The object of thedirectors was to improve India
for the benefit of England, and if that object could be
wetter a'tained by the crown, then, in God's name, let the
Crown have it. But he doubted very much if the
people of England had as yet begun to realise
the importance of the step which was about to be
proposed. He doubted if the taxpayers of England
were aware that in taking that liability upon them
they took upon themselves the liability of 100 millions
sterling. There would be a difficulty, too, in trans.
ferring East India establishments to the Crown, because
they were on a different system. But the great danger
was from the increase it would give to the power of the
Crown—a point upon which Englishmen were ever most
jealous. When the bill was proposed in the last century
t ...s proposed entirely on the consideration that it was
of the utmost danger to place an overwhelming influence
in the hands of the Crown. (Cheers.) He was quite
ready to admit that means must be devised for pre-
venting that evil, and for throwing open the pa-
tronage to the country at large ; and in that case he
. .

would' go hand-in-hand with the Government in carrying
through the measure. It had been said that it would

make no difference to the people at large whether the
Crown or the company bad the patronage, because the
military services would be recruited from the ranks of
the middle classes, as they were at present. That was
the opinion stated in an article of the Times—an article
intended to support the Government measure, but it
omitted a most important question. The hard-working
people would no doubt be of the middle class ; but the
sugar plums would be reserved for the upper class. The
great benefit of the present system was that, after a man
entered the Indian service, he arrived gradually to the
t ,p ; but in the other system he might work for twenty
or twenty-five years, and then have the sugar-plum
taken from his mouth, and put into that of some
titled favourite of the Horse Guards. (Cheers.) That
was really an important considera'ion. As he had
before observe.), he was by no means an advocate for
the present system of double government. He knew all
its evils, and wished to do everything in his power tO
simplify it. It was only those who bad been mixed up
with the system who c.aild thoroughly appreciate the
great evils which arose from that system, by which even
in an emergency, on the receipt of a despatch, it took
two months to get an answer to send out to India. Suek
a system was destructive to everything like vigour in
administration, but that was the system which
Parliament inaugurated in the first instance, and
which had been kept up ever since by the
acquiescence and approval of Parliament Their eyes
were at last opened, and he hoped they would in their
wisdom—the wisdom of Parliament being, as the meeting
was aware, omnipotent—be hoped they would devise
s,,tne means of making the government of India more
efficient without placing the power in the hands of the
Crown which would be looked upon as so dangerous to
the rights of Englishmen. (Cheers.) There were many
other points relating to India, not merely in reference
to the present mutiny and the prospect of quelling it,
but in reference to the development of the resources of
the country, upon which he would not then dilate.
He would refer, however, to the great question of
introducing Christianity into that country. It was n
point of extreme difficulty, because feeling was on one
side, and what bad been hitherto supposed to be the
interest of England on the other. No Englishman
could hesitate about making Christians of the Hindoos
if possible ; but when it was found that a belief on their
part that such was our intention brought about the
mutiny of the army—because the pretext which was
made use of by the Mahommedans to induce them to
rise was, that the British government was endeavouring
to subvert their religion—it was evident how dangerous
it must be for the government to lay itself open to
proselytise the Hindoes. Anything that could be done
without the direct influence of government should be
one who
haondhandea bad doubt dthoeubdtirewcotiuolnd
obleaficlaolprze,inand England
would promote it ; but he strongly condemned the
inauguration of any great measure for that object being
supported by the state. (Cheers.)
The rest of Sir Henry Rawlinson's address turned
upon general topics.

DESTRUCTION OV BARON Nieitoutoins PIOTUEZ.—.
Most of our readers have, no doubt, become familiar
with a very clever painting, which has for some time
been exhibited in a glass case at the corner of Welling.
ton-street North, pourtraying the features of nearly every
known public character. Shortly after ten o'clock
this morning a quantity of smoke was observed within
the case, and very shortly afterwards it was discovered
that the timbers in one of the flues of the house, on the
outer wall of which the picture was fixed, had taken fire,
and that the flames were rapidly making their way to-
wards the picture. In a very short time a crowd was
collected, and for some time no person appeared to think
of the necessity of destroying the glass to save the
picture until too late. Before the glass was removed
the painting had received great damage, and on its
being exposed to the air the canvas caught fire, and
ere the flames could be extinguished the picture was
nearly wholly destroyed. Mr. Barou Nicholson valued
the painting at 300 guineas,
THE LEVlATHAN.—Yesterday, a short time before the
tide had reached its highest, three of the hydraulic
machines art and three forward were set to work to
move the vessel nearer down the ways. She moved in
quick, short slips with the utmost ease, the gauges of
the few hydraulic machines in use seldom averaging
more than 10 cwt. to the inch, and each slip taking
place at short intervals and with an almost total absence
of vibration. In a comparatively short time a distance
of 13 feet aft and 3 feet 5 inches forward was accom-
plished, the after part showing such a tendoncy to slide
away on the least pressure that it was impossible to
regulate the ship's movements with the same relative
accuracy as heretof, re. The tide of this day (Friday)
will now give about 12 feet water under her_ fore
,
andd
aft—the amount required to float her bell* !_ttfr,,ag
inches. It is, therefore, not intended
Past.
aaove
till the spring now at baud
far down the ways,
or
eves emend her and thus left to
the hydraulic machines; r neat
spriagir a the 31st just.
Most probably on Monday
the certain est* nly attbreeseTdwiiollf bt:epwnehayeds!
iyipsts