The Sun.
London, England, 1844-11-30 00:00:00

PENINSULAR AND
STEAM NAVIGATION

ORIENTAL
COMPANY.

The annual general meeting of the Proprietors of this
"alliany was held - at their establishmentSt Mary Axe 3'
Sir j°llN CAMPBELL having bean called to the chair,
oPened the business by reading the report, for which we
cannot find room.
The accounts of receipt and:expenditure having also
been read,
The CHAIRMAN said, that although it had always been
the good fortune of the Directors to be able to announce
ja!httea theycontaued prosperity of the Company, on no occasion
enjoyed greater satisfaction than in making the
Present report, wherein was stated that beautiful addi-
tion which had been made to their fleet in the acquisi-
tion of the Precursor, together with the mail contract
Which was there announced, and which showed the
c_enfidence placed in the Company by the Ext cutive Go-
4,7roment, and might be looked upon as a guarantee fur
‘fle success of their further undertakings. The Direc-
tors were aware of the anxiety that was felt for improved
iilnercourse with the distant Presidencies of India, and
Fiat subject had long engaged their serious deliberation;
venut the service was so onerous, so perilous, and so ex-
ai:4e, that they felt they could not enter upon it pre-
urtately. They wished first to convince themselves
at, with the aid of the Government, a monthly corn-
t7ailication could be established with Madras and Cal-
-114 ; and they now hoped to undertake it in an effi-
:eat arid creditable manner. He should not ROW touch
l% the China contract, because, as the arrangements
elZanected with that point approached maturity, the Pro-
hcet°l's would hear more of them. In the meantime
ere was much to be done, and he hoped the Proprie-
d." would continue to grant to the Directors that confi-
bßce and co-operation which had hitherto tended so
Tlack to the success of their operations. If any Pro-
IVer,tor had any observations to make upon the affairs of
it"Enpany the Directors would be happy to hear him.
tht.."-e• DENT suggested that it would be desirable that
repor
the II t and the accounts should be circulated amongst
th 'roprietors previous to the annual meeting, in order
at they might be enabled to appreciate the services of
the Directorsg.
t:r. 13owsaNG enforced this recommendation. That
Abject had engaged much of the attention of Parliament,
;A allY gentleman who had heard the speech of the
ejne Minister on the subject of joint-stock companies,
vt": tile ruin into which the shareholders in some of them
fo;rlled, and the necessity of their being enabled to see
themselves, must feel that the measure of the Govern-
i'vellt should be adopted. He knew it was objected that
a previous communication of their affairs the
and of the annual meetings would be anticipated,
'mil the shareholders would not attend.
f The CHAIRMAN said that he and his colleagues wished
everi possible publicity; they were desirous that all
aaffairs of the Company should be known to the Pro-
-I;;ei,tarY; but he begged to say that the objection stated
i;,‘.1% Bowring was not the main objection to the
lh"ng the accounts. The difficulty existed in getting
the accounts from India in sufficient time to promulgate
had'it in the way proposed. For the last four years it
tie een impossible to conclude the accounts until within
or,-RtY-four hours before the meeting; but they were
4,711 to the inspection of the Proprietors, and he was
Directors,
if the latter would leave it to the discretion of the
Ireetors, the suggestion which had been made would
eZeive the consideration of the board, and they would
ali,vour to meet the wishes of the Proprietors.
A rEOPRIETOR, who stated that he was about to corn-
eh-Rce his fifth voyage to India, expressed his regret
taatit the transit across the desert was to be placed in the
otercla of the Pacha. He thought if the Company would
that Prince 51. a head on their passengers, they
"t;l:ght take it into their own hands. It was solely owing
hale mercy of Providence that many fatal accidents
Toot occurred from the overcrowding of theriver boats.
CHAIRMAN said, the Board had felt the inconve-
area which had been last complained of, and with a
aiv to meet it they had sent out the Delta, but the
li(T, lilt had refused to allow her to be placed upon the
ofth:,' present. He was afraid it was out of the power
Th "mpan to take the transit into their own hands.
th cY were buty a Steam Navigation Company, and if
the Pacha chose to take the transit into his own hands,
Peeh'°ll'Pany must dispose of their property. The
Gro, a had undertaken, by convention with the British
ee eMment to effect the communication with greater
GoPed ition, on lower terms, and to the satisfaction of our
e
„e,roment. As to a poll-tax, he believed such a pro-
-4'cil would not be listened to, but, at the same time,
411enuld state that authority had been given to suggest
1:7 a measure to the Pacha if agreeable.
rei-__P'.l3owatsze observed that the intervention of a fo-
-4 body in carrying on the internal communicationt of
tlar ntrY, would involve an important question o inter-
tonal la
The w•
c't thedelicacy
situation said, the Directors felt the
transit
situation of the Company with respect to the
he utait through Egypt. As negotiations were pending,
the discretionriser Proprietors
of the Directors, and not press it further
at4resent,
in the B Mon complained of the want of accommodation
tieularlari"B means of conveyance from India, and par-
that don board of the steamer Hindostan. He said
after his°Rel Halewood died within twenty-four hours
endured frarrivali
the Directors' in consequence of the hardships he
to such mode that
att cause. He wished to know whether
were in possession of any details relative
The CHAIR
tiny had sufflleAr
litained of ; but he
reszatins2 the Directors were aware that
bizeovnevdeniietn.
acerosoeffrthoem ncaartuelreesscnoernss-.
Board were not in possession of any details with
ptiZ to the newly proposed mode of transit. He sup-
offic •e" the the
would be submitted to the Foreign-
lette lie would, however, read an extract from a
9etot: received in town lately, and dated at Alexandria,
inah9er 26. It was to this effect :—" In reply to an
k 'CY SS to what guarantee the Directors would have,
lit a: event of their being obliged to withdraw their
%teed:rs and give up their establishment in Egypt, and
said thug
g their interests to other parties, his Excellency
Dtie,""ut it was no longer a question of trusting to any
Ivoefctie,ompany, but that the whole affair of the transit
.446 henceforward be a Government concern, and the
li,ty ar and Oriental Company would have the seen-
iatit44 a convention between the Pacha and the
pleeta Government, by which the former engages to
both the transit on a firm and satisfactory basis,
as regards travellers, their luggage, and merchan-
tfihtilii!l Excellency added, that the object of his
and effieesia Was, by combining a rapid, 'economical,
d ent means of transport, to obviate the confusion
ae frr;gularities arising from conflicting interests ; but
thin r°ll3 expecting to derive a profit from taking the
Posigtivi_Rt,o his own hands, his Highness calculated on a
weelli°3s." The enlightened character of the Pacha
'Were known, and if these negotiations for the transit
The I)7_rried out, the public would be much benefited.
the tie wet:tors would continue to watch the progress of
Pletiottiation, and would contribute towards its corn-
Rffora. any facilities which it was in their power to
214
%regoi report Was then received and adopted, as was also
Ution f
the half rEL dividend of three and a half per cent.
• 11,,a1f year.
• us 'WRING said h
he us feelinhe was sure. there would be a unit-
% was abo g of concurrence in the resolution which
Chai to propose, it being, a vote of thanks to
WhiehrTan of the Board of Directors, for the manner
kr, little eoncerus of the Company were conducted.
1111 41'IgEL seconded the resolution, which was car-
Theo lmousl
kft. y.
bi„tlrcd tb,,,AIRMAN acknowledged the compliment, and
4ecto meeting that no exertions on the part of the
4(1 " ld•
Ilee of should be wanting to merit the continued con-
-10°11,,_ the ,th,,e,Proprietors.
14')04 ec",Lion of Mr. CARLUTON, it was resolved, that
tevelited i,Quid be appropriated out of the profits, and
tpaionm Government or other securities, towards the
1115,,°!..ini insurance fund.
'ang then broke up.

(kunCOURSE
OF EXCHA
v‘bitto—ruaill ....
<04414 CF. 12 6
0 12 4 Alltwed2zil . „.... 12 6A
) ....... 95 95 P: ilrgh ...... 13 13}
... 13 131
. 25 65
b".24.1,41:04ths ...... 25 90
.......... 25 95
/leZstort 0af....... 25 95
terl;2l°.urth,ltpe.. 121
-vier ..... us... 37
TrieBrtia' . ;54
kklxil. ditto ..... •9 55
ilb-4.0z ........................................... 33661
la „go
.......... 36
............. 36
.........

TGE.—(YESTERDAY.)
Gibraltar
Leghorn 3O 50
Genoa 25 85
Milan
Venice
Naples 391
Palermo, per oz llB
Lisbon 55
Oporto 55
Rio Janeiro 23
Bahia 23
Buenos Ares
NewYork,2ldys sight
Philadelphia
PRICES OF BULLION, PER OZ.
Foreign Gold, bars../.3 17 9
Portugal Gold Coin 3 17 5
New Doubloons-- 0 0 0
New Dollars 0 4 91,
Silver in ears 0 4 111

4.
y t ZVI.
b rgh
i...°1-cHAb, -titOrt• NICHOLAS AND THE GRAND DUKE
:I. tit;,.'l7--. In a recent excursion to St. Peters u ,
bader-,,e museum of the Roy eons
'kill „, leLtbsun having expressed a strong desire to ob-
nd
Likin ~,Loe direction of Professor Owen, a skeleton a.a
al College of burg ,
klipit: the bos aurochs, or gigantic bison, his Invert 1
listi" ;ess. with }lib pettu'll,nounced thatae the Emperor has most willingly
cutomedkindness to Englishmen,l
Aavetr the request, and that his Majesty's instructionsto.e
Crags ?en given to procure a specimen, which is b
Ivhitit:litted to London. The boa aurochs, or primigenus,
titp.„,l With the mammoth, and other lost races, former] y
of Fi-cs: over very wide tracts, is the so!e living remnant llove great primaeval quadrupeds, his haunts beinng
The ratricted to the wild forests of part of Lithuania.
to very deNlitY and great size of the animal rendered n _
to
oe lcult to capture and convey him alive to Eng a
ld
of thr 400 logical Gardens and as detached bones on y
snitslnl,
,4's sPecies are known in England the present of his
l'illtes.'l,4l Majesty must doubtless be considered of great
- -3' all naturalists,
more particularly as this is the
stai in754,41131e, during many years, of a permission to kill
ration bery -`vidual of the many
d—stringent orders for their pre-
having alone prevented the extinction of the
Cu
Nvito„ 14°US INCIDENT. -- On Monday last, a man,
Cmention"rune for obvious reasons it would be unfair to
aving', returned to his parish in this neighbourhood,
undergone a sentence of
(41 to th seven years' transporta-
the
road,
e colonies, for stealing a pig. Travelling on
Ltd et], some distance from his former home, he met a
t._ of whom he inquired if such a person, naming his
Ivhoraother ;''
zeyes lived thereabouts. The lad replied, '. Why, that's
and it proved that this was the man's son,
tw. 11.11 he had left an infant when he was convicted. The
its'ilin from exile was a joyful one to his wife .rid family,
tlikt isl character and prospects had so much improved
ith I. cattle to make preparations for taking them back
IV", him to the colony, where ther is abundant encou-
kotist for the industrious man,e des rous of living a
"441 W ...lu.e.--Bei hs Chronicle.