The Sun.
London, England, 1844-09-28 00:00:00

Di:VIERS.

Messrs. Tweedy, Williams, and Co., Truro and Falmouth.
Messrs. Glyn, Ha!Wax, Mills, and Co., London,
Messrs. Praed, Fane, and Co., London.

SOLICITORS.
Messrs. Smith and Roberts, Truro.

SECRETARY (pro tern).
P. P. Smith, Esq., Truro.

The object of this undertaking is to connect the port of Fal.
mouth with the Naval Station at Plymouth, and by the South
Devon and Bristol and Exeter Railways, with Bristol, where the
great lines of railway communication with the Metropolis, and the
North of England now meet, and thus to bring Falmouth, the most
Westernly Port in the Channel, within eleven hours of London,
and fourteen hours of Liverpool and Manchester.
The works of the South Devon Railway from Exeter to Ply
mouth, being now in rapid progress, with a view to completion in
two years, the time has arrived when it becomes essential to bring
forward the plan for a western extension in conjunction with the
Great Western, Bristol and Exeter, Bristol and Gloucester, and
South Devon Railway Companies.
The Provisional Committee having laid the_plans and estimates
of construction, and the traffic case in detail, before the Directors
of these Companies, they have agreed to unite in contributing
250,0007. to the capital of this Railway.
The Associated Companies having thus identified themselves
with this undertaking, the Cornwall Railway Company will have
the advantage, in its operations, of the advice and assistance of
Members of their Boards, and the works will be carried on with
the approbation, and under the supervision, of the experienced and
talented officers of these Companies.
A large proportion of the leading landed Proprietors in the
County, have given assurances of support in Land and Money—a
considerable local connexion has been formed, and a large number
of Shares have been taken up, and no opposition or difficulty is
anticipated in obtaining the Act.

The necessary steps have therefore been taken to bring a Bil
before Parliament in the next Session for constructing the Corn
wall Railway.

From the surveys that have been made by Captain Moorsom,
C. E., it appears that the line would pass through Torpoint, within
three quarters of a mile of St. Germans, touching Liskeard, near
to Bodmin and Lostwithiel, through Par, and St. Austell, by St.
Stephens and Tresillian to Truro. From Truro the course of the
line would be towards Bissoe and Pollean Cross, to connect with
the greet Mining and Western districts of the County, and from
thence by Ponsnooth and Penryn to Falmouth.
The proposed line will pass through the richest and most
densely peopled Mining, Commercial, and Agricultural districts of
Cornwall. In the principal parts of these districts, the habits of
the people are peculiarly locomotive. A. large and constant
passenger traffic already exists of a description which would be
immensely increased by the facilities of Railway communication.
The line will be connected on the north with the Wadebridge
and Bodmin Railway, the Newquay Railway, and the Caradon
Railway, and on the south the Par and Pentewan Railways, and
the Looe and Liskeard Canal, from each of which a Considerable
amount of valuable traffic will be brought upon the Cornwall Rail-
way, and the communication svith the ports on the north and south
coast greatly facilitated.

The Eastern mining districts of Cornwall and Devon, around
Callington, Tavistack, and Liskeard, are much connected with the
central and western Mines of St. Austell, Tywardreath, Gwen_
nap, aedruth, Camborne, and Penzance, and between these popu.
lons and important districts a constant and increasing Intercourse
exists.

The completion of the Railway from Penzance, which passing
through the great western mining districts, will join the proposed
line of the Cornwall Railway between Truro and Falmouth, and for
which a Bill is to be brought before Parliament next Session, will
bring a great accession of crank from those district.
The Cornwall Railway will not only be in itself Important and
of great local advantage, but will in fact be the terminus of a
metropolitan trunk line, and also the terminus of a line from the
great manufacturing districts of the North, so that the carriage
which leaves London in the Evening, will be at Falmouth in the
Morning, after eleven hours' journey, and the Passengers from
Manchester or Liverpool, may arrive at Falmouth in fourteen hours.
It will also be the westernly link of the great chain of coast lines
now formed, or in progress, from Dover on the east, to Penzance
in the west, and will thus eventually receive the traffic of these
sources, flowing to and from our western possessions.
The well.known advantages and capabilities of the Port of Fal-
mouth and the opinions unequivocally expressed by the Cominis_
sioners appointed by Government in 1840, to Inquire into thecom-
parative merits of the Ports then suggested by the Mail Packet
Station, " That if a Railroad existed to the South. West Land's.
end, and a harbour were constructed in that neighbourhood, where
the mails might with facility be put on board and landed, they
would unhesitatingly recommend that harbour to the adoption of
Government," make it evident that the construction of the pro-
posed Railway would render Falmouth the best Port In the kingdom
for the embarkation and landing of the Mails for the West Indies,
the Peninsula, tho Mediterranean, and all our transatlantic pos.
sessions.—That this Port will be largely used by passengers pro..
ceeding by these Packets, and also by passengers arriving from and
departing for our Foreign Possessions in sailing vessels, is evident
from the anxietyalways felt by those who have endured- a long sea
'voyage to reach the shore, and from the desire which most persons
-feel to avoid the delays and danger of the Channel navigation.
The reasons which now induce outward.boupd Indiamen to call at
Cowes or Portsmouth to embark their passengers, will apply with
greater force to a more Western Port, when a Railroad shall bring
that Port within eleven hours of the Metropolis.

The largely increasing number of vessels, which even under the
present mode of travelling, eau, whether for passengers or orders,
at Falmouth, shows that expectations of traffic to a large extent,
may be well founded on these grounds; but in the calculations
now submitted, the Committee have confined themselves to the
usual increase upon the existing trade, which is, alone Sufficient
to show that this undertaking will prove a highly advantageous
investment.

The estimated expense of the line, including the cost of land,
preliminary and Parliamentary expenses, stations, and working
stock, doee not exceed the sum of 900,000/. which is to be
raised by 18,000 shares of 501. each.
The accompanyil.g estimate of Traffic, deduced from very care.
ful. observation made at twenty. three different stations on the
roads, shows the following result, viz :-
11,804
From Passengers by coaches and other public
conveyances .................................... £56,576
Post.chaises, private carriages,
cars, gigs, &c. ..................
d.o.,:Cd.
.so:r. n.8:,.c.. Cattle,. .. . Fish, 111. rl
..v. eg. : 9,048
- 13,936
..... .... 2,600
B—yc oPtCnalvralecliSl:ac.nge. of th e 9I ai 1 s

..E93,964
Estimated annual cost of working, 40 per cent 37,584
Nett revenue £56,380

This calculation, which shows a return of upwards of six per
cent, on the capital, is made upon principles allowed in proof
before Committees, but does not include the
carriage of li
any ent
of ry
the
mineral
produce
of
the County, or of
mining materials, or of manures other than sand; nor is any
rararo a
credit taken for the large revenue which may be anticipated from
the probable return of the Packet Establishment, and from the
certain increase of passengers who will embark and disembark
at Falmouth when they can avail themselves of the benefit of
Railway communication.

Cornwall possesses within itself great facilities for the con.
struction and maintenance of Railways.

all artswohfich Engines and other Ma.
the World. the able Engi•
h ilnt
es
rnyuantr
ee r
fooursw
aFroduendd rtioes
neers who are brought up within it, and the skill and enterprise
of its labouring population, will all conduce to the cheap and good
construction of the line and works.

The Committee cannot but express their fullest confidence, that
the dense population of ,this County, and its locomotive habits, its
rich and important mineral produce, the South-Western position,
unrivalled safety and capabilities of its harbours, not exceeded by
any Porta in the Kingdom, its genial climate, possessing mildness
and uniformity not surpassed by the South of Franc; which has
long rendered it the resort of invalids, the early productions of
Its soil, and the anticipated restoration to Falmouth of the Packet
Establishment, will all contribute to produce a satisfactory return
on the capital invested, and secure to Cornwall that pre-emi-
nence it has always till now enjoyed as the high road to the
Indian, Peninsular, and transatlantic portions of the World.
The usual power will be taken by the Act to allow interest at
the rate of four per cent. per anaum on the deposit, and on subse-
quent calls, from the time of payment into the Rankers' hands,
until the Railroad may be opened for traffic; and no Subscriber
will be answerable for more than the amount of his deposit of 31.
per Share until the Act be obtained, and then
not beyond the
amount of his subscription.

A deposit of M. per Share will be payable at the Bankers on the
allotment of the Shares, and the Subscribers' agreement and Par-
liamentary contract, must be signed on or before the 31st day of
December next.

Applications for Shares in this Company addressed to the
London, from either of whom Prospectuses
Soli-
citors, or to Messrs. Foster and Braithwaite,
may be obtained, will
Old Broad.street,
be received and registered until the 25th day of October next,
when the Committee will proceed to allot them to unexceptionable
parties in the order In which the applications may have been made;
it being understood that in all cases references will be required.
FORM OF APPLICATION.

To the Provisional Committee of the Cornwall Railway Company.
Gentlemen,—l request you will allot to me Shares of 501.
each in the Cornwall Railway, on the terms and conditions of the
Prospectus.; and I undertake to pay the deposit, and sign the
Subscribers' Agreement and Parliamentary Contract.
Dated the day of , 1844.
Name.
—Residence.
—Trade or Profession (if any),
Reference-------