The Sun.
London, England, 1859-03-02 00:00:00

METROPOLITAN.

On Monday afternoon the half-yearly general
meeting of the proprietors of the above railway was
held at the London Tavern, when the following
report of the directors was read and adopted:—
" Tt will be in the recollection of the proprietors
that at the last meeting of the company Mr. Pear-
son, the City solicitor, in an able address, adverted
to the great public and social advantages which
would result from the construction of the Metro-
politan Railway, and expressed his readiness to make
a personal appeal to the citizens of London to
efford the directors the assistance necessary to
arable them to carry out the undertaking; and
that the proprietors unanimously responded to
the offer, and authorised the board to adopt
any course which would forward his exertions.
The directors accordingly have been in constant
communication with that gentleman, and are aware
of the important arrangements and combinations
he has had to perfect, and the amount of labour and
time which have necessarily been consumed in their
accomplishment. It is satisfactory to the directors
to be able to announce that Mr. Pearson's machi-
nery has been completed, and his appeal is now
before the citizens of London. In accordance with
the recommendation in the last report, the directors
have introduced a bill into Parliament to deviate
the line so as to avoid the Coldbath-fields
Prison, and to terminate close to Holborn-
bridge. Should the appeal to the citizens prove
successful, this bill will be prosecuted and submitted
in due course to the shareholders. The directors,
at the same time, did not feel themselves at liberty
to dispense with the precautionary measures of a
bill for the dissolution of the company, although
they are convinced that the citizens of London will
not prove so deaf to the earnest appeal of Mr. Pear-
son, nor so blind to the great commercial features
of the undertaking, as to lose the opportunity now
afforded them, of accomplishing so large an amount
of public good, combined with the prospect of so
much pecuniary advantage to themselves. In con-
clusion, the directors desire to impress upon the
shareholders the propriety of their assisting indivi-
dually the movement now in progress; for, although
the efforts of Mr. Pearson and his friends, and the
directors and their friends, will doubtless prove suf-
ficient to produce the desired result, yet they ven-
ture to think 'that the shareholders at this juncture
should lend their aid to effect the common object."

CAOUTCHOUC CABS AT TIIE METROPOLITAN
RAILWAY STATIONS.—Theso desirable carriages, we per-
ceive, are now running from the railway stations. A limited
number is admitted to the Great Northern, and this privi-
lege is acceded to Mr. Davey, of Gray's-inn-road. The
equable, 'steady, and uniform motion the carriage main-
tains, as well as the decreased exertion demanded from the
horse, must render the caoutchouc wheels very desirable to
carriage proprietors. The patentee, Mr. Davis, of Lyon's-
inn, Strand, is paying court to the people rather than
princes, and is constructing machinery by which, he states.
ho will Le cnabled to produce patent caoutchouc wheels at so
low a charge as to command the attention of the butcher,
baker, or huckster, as well as the owners of the several
road trucks perambulating the metropolitan highways.
PRICE OF GOLD. The quotation of gold at
Paris is about at par, and the short exchange on London
is 2.5.12 i per £1 sterling. On comparing these rates
with the English Mint price of £3 17s. 101 d. per
ouneefor standard gold, it appears that gold is about 2-Iotl's
per cent. dearer in Paris than in London. By advices from
Hamburg the price of gold is 4241 per mark, and the short
exchange on London is 13.44 per £1 sterling. Standard
gold at the English Mint price is, therefore, about
the same price in Hamburg as in London. The course
of exchange at New York on London for bills at 60 days
sight is 1094 per cent., which, when compared with the
Mint par between the two countries, shows that the ex-
change is slightly in favourof England ; and, after making
allowance for charges of transport and difference of interest,
the present rate leaves a trifling profit on the importation
of gold from the United States.

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