The Sun.
London, England, 1857-02-19 00:00:00

THE GREAT EASTERN STEAM SHIP.

The report of the Eastern Steam Navigation
Company, to bs presented to the meeting to-mor-
row, states that the total calls made amouut to
606,0191., on which 413,6421. has been received,
leaving 192,3771. to be paid. With regard to the
pr, greys of the vessel, and the expectation of its
b&rig launchel early in the ensuing summer, the
directors remark :

" The works were resumed towards the end of May
last under the direction and control of the engineer and
officers of the company, and have proceeded continuou,ly.
and the progress made in every department is such as not
only to give the directors great satisfaction, but likewise
to afford the Expectation that the ship may be launched
early in the ensuing summer. Tne progress of the works
has left no alternative to the directors but to make calls
with promptness and frequency. These calls have been
more rapid than the directors could have wished, and
they regret to add tat the necessity for them has been
increased by the failure on the part of some of the pro-
prietors to meet their share of the burden. But the
directors have f,lt it indispensable to the interests of all
to complete the ship, as the only means of making the
outlay incurred profital le. Interest warrants for the
year ending the 31st of December inst. have not been
issued, the directors considering the policy of continuing
to pay interest to be a matter for the consideration of the
meeting. The directors have to express their confident
conviction that before the next half-yearly meeting the
ship will be launched and the purposes of the company
so far realised."

COURT ,OF COMMON COUNCIL.--Yesterday a report
was received from the Improvements Committee on the
subject of the Metropolitan New Streets and Ler rove-
rnents Bill, which proposes to make a new street from
the western end of Long-acre to the north-west end of
Bing-street, Covent-garden, and another from the east
side of Blackfriars-road, opposite Stanif,,rd-street, to
High-street, Southwark. The report cornpliined that
this bill gave the Board of Works unlimited power to
raise money by rates, and allowed it to receive the whole
of the surplus of the London-bridge approaches fund,
and urged that as the court contributed 11,500/, per
annum to that fund, they should petition Parliament
that the Board of Works should be restricted in its
employment of the fund to the sum already required to
carry out the improvements. The report further urged
that the City ought not to be taxed with the other parts
of the metropolis for works which oily benefit other
localities. With regard to the sum to be charged upon
the surplus cf the London-bridge approaches fund, the
report stated that 30,0001. was the sum which the com-
mittee had urged on the promoters of the bill as that to
which the Board of Works should be restricted. The
report was agreed to, and a petition founded upon it
ordered to be presented to the House of Commons.
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