The Sun.
London, England, 1844-05-14 00:00:00

-----
."9"/..-e--------/
. ,
0/.//0.2
A-r. Z.-
• '
_______________________
.._......_
,„-. i:
..
_____—. . . . .
~,..., 4
-,,, •- - . The NO state of the I.TQW South Wales trade,.whir.ll-14--- '—'
io'C-!. , • - ,
, td,‘, ,
,
.. . ~-, ~.. )-,,,,
,4t,„.41-,„,t--ccui- 3414,4 'ir,:t t. , 4" 43 (c. .. ~:‘
-4- i 4, \'
_ .
~! ,f, 7 9 Aiiircali
I. '
.t.k, , --7.---,; ~c,k.,,
~...iik,..., 4, Illk.' ,,41i,
_, ,t, ~, • , ,
~.,,..
g.• + „ .... ~ r.._, te., _
~.) ~.... , ~, . .._ ,.,
i , .7 FW
/
Imo. \ j ; . '
4-•-t.' ' ~ ' (i) t, L. V ~'# 1: 2,4:: Oillir
_.,,, citk deLL,',.... .'
,_ . , • 4,, C 6 "' k= 7,--. '
''
' ' Vitel'""" ''"iitgrt..;"" , :.. --,,t,""' •
~,„.. TT - .
, ~„,
~. 4, l'.. '--...--- •
.\
r•ktV..,L,'"--,i'..1: ''
. ' 7 '-, ':`

now been running on for a very considerable period, en
tailing heavy losses on most parties who have been engaged
in it, has placed one of .our mercantile houses in difficulties,
andit is feared that their affairs will prove to be rather on a
large scale. -
There has been more demand for cotton thity"ek, and
stiffer prices have been obtained. The manufacturing trade
is now in so healthy a position, and Manchester so well sup-
plied with orders, that there is no fear of the delitand falling
of A large consumption is going on, and the outViluestion
between buyer and seller is, how are prices to•iiiie? The
steamer which will be due on Tuesday next wilr.giie a tone
to the market, and afford us statistics of shipments, and re-
ceipts, of far more value than the early statements now to
hand. From the private accounts received per the Inde-
pendence, it would appear that business in theway,of ship-
ments for England had been very brisk • the ports were well
supplied with vessels, and freights were 'low.
The continuance of dry weather is considered unfavourable
for the growing corn, and has caused more animation in the
market during the past few days, with some imprOvement
in prices; however, a few hours' rain would suffice to place
the trade in its former position.

In Share transaction; there has been no excitement ; the
sales made lately have generally been on rather lower terms,
but there is no material alteration.—Liverpool Mercury.

GREAT LEINSTER and :MUNSTER
RAILWAY.
A meeting of Shareholders of the Great Leinster and
Munster (or Dublin and Kilkenny) Railway Company took
place yesterday, at 61, Moorgate-street, for the purpose of
having submitted to them a report of the Shareholders' Com-
mittee, which was appointed on the 7th of March last to
examine into the position and affairs of the Company. The
chair was taken by Mr. Shaw, a Director.
Mr. &mini (a Shareholder), in the absence of the Secre-
tary, presented the report, which stated that the Com-
mittee, having considered the past proceedings and actual
position of the body to which they belonged, agreed to sug-
gestions from which we extract the following :
" A new line of railway from Dublin to Cashel had been
laid out at the instance of Government ; the estimated
capital had been raised ; the shares were at a premium ; and
notices of an immediate application to Parliament for a Bill
to incorporate the Company, and proceed with the under-
taking, had been inserted in the Irish newspapers. The
question accordingly was, what was now the best course to
be pursued by the Shareholders of the Dublin and Kilkenny
Railway Company, whose Act would not expire until the
year 1847. Confining themselves to facts immediately affect-
ing their rights as Shareholders, they had next to notice the
circumstances out of which the present Dublin and
Cashel Company took its rise. When -first the gentlemen to
whom the formation of that body was due proposed to them-
selves the task of procuring a line of railway out of Dublin
to the south of Ireland, they considered, after mature deli •
beration, that the readiest and most effective course open to
them, and the one best adapted to the wants of the country,
was, to take up and carry out the original plan of the Great
Leinster and Munster Railway Company, by making the line
to Kilkenny. Proceeding to act upon that opinion, they
opened negotiations with the Directors still in office, and
with her Majesty's Government. It was unnecessary to
dwell upon the negotiations with the former, because they
were completely put au end to by the decision of the lat-
ter, a decision which announced that no countenance or
assistance whatever could be given to any effort to carry
the Dublin and Kilkenny Act into execution ; but that
every countenance and assistance that could be afforded
might be relied upon for a plan based upon, or approxi.
mating to, the recommendations contained in the report
of the Irish Railway Commissioners, respecting a line rid
lycross and Cashel. The Dublin and Cashel line was,
in part, the identical line of this Company; for 58 miles,
moreover, the two lines run parallel and contiguous. So
far they were competing lines, and would necessarily be
so treated in Parliament, if this Company, or any of its
Shareholders, were to present petitions upon the subject
either to the House of Cemmons or to the House of Lordr.
This, however, was not the step which it would seem to be
advisable to take at present. They were to bear in mind
that no opposition, however effective, could avail to enable
this Company to proceed at once with their works. So that,
in the event of their succeeding to prove that 56 miles of the
line were vested legally in them—that theirs was the better
line, moreover, and would give the required communication
to the greater number of towns, they would still have to
reconstruct the Company, to elect new Directors, and to seek
new Shareholders. A distinct portion of their line was pro-
posed to be taken in as a branch'by the Cashel Company.
That branch ran directly into one of the original extensions,
projye,cteada,d it was
also
od lcaaipdaotulet aotfthbeeienxgpecnai
serroeof thwiisthCopho-
imgreatest facility by Kilkenny, Clonmel, and Carrick-on-Suir
to Waterfowl. This would form an admirable South-Eastern
Railway, about one hundred miles long, pursuing a level
tract of country, the largest stream of traffic in the south of
Ireland, and not competing with the main trunk out of Dub-

lin, but contributing to its On the other hand, the
Carlow branch of the main trunk, if run into our original
Wexford extension, would give a railway sixty-eight miles
long, easy in the extreme of construction, and abounding
with profitable resources. Commencing upon a point from
the main trunk of the Dublin and Cashel Railway, near
Kildare, and thence proceeding by Athy, Carlow, Newtown-
Barry, and Enniscorthy, to Wexford, it would pass through
and take up the trade of the rivers Barrow and Slaney, and
would run into the capacious new harbour at Wexford, the
plans of which had been completed by Mr. Brunel."
The Committee also submitted a prospectus of a railway
to be called the " Irish South-Eastern, or Waterford and
Dublin Junction Railway, through Carlow, Kilkenny, Clon-
mel, and Carrick-on-Suir, with a branch to Wexford," the
proposed capital of which was to be 1,000,0001. The pros-
pectus set forth that "The South-Eastern Railway would
start at a point to be selected upon the Great Southern Trunk
from Dublin between Sallins and Monasterevan, whence it
would pass through At.hy to Carlow; from Carlow to Kil-
kenny it would pursue the old Dublin and Kilkenny line;
thence to Clonmel it was proposed to adopt the line recom-
mended to the Dublin and Kilkenny Company by Mr. Aber;
and from Clonmel to Waterford the line would fall into the
valley of the Suir, as suggested by Mr. Bald, resident en-
gineer to the Clyde. As part of the line was now possessed
by the shareholders of the Dublin and Kilkenny Railway
Company, by virtue of an unexpired Act of Parliament, it
was proposed to give them a preference, in subscribing the
required capital, and to allow them, upon paying up
21. IN. on the new shares, to have credit for the stuns re-
spectively paid by them in the old Company. The Act of
the Dublin and Kilkenny Railway Company would thus be
assigned to the South-Eastern Company ; and such arrange-
ments will be effected with the proposed Dublin and Cashel
Company, either as to consolidation or otherwise, as Go-
vernment should decide to be most conducive to the public

interests. The Government have been solicited to extend
to the South-Eastern Railway whatever degree of support,
Parliamentary or pecuniary, it may decide upon giving to
the proposed Dublin and Cashel line. The Wexford branch
would start from the South -Eastern line at the town of
Carlow."

Mr. SMITH stated that the Committee had received letters
from several of the Shareholders in Ireland, in which they
expressed their approval of the report..
The CrurnmAw regretted that there was only one Director
(Mr. Beamish) 'besides himself present at the meeting. He
could not understand what advantages would arise from the
proposed new Company ; the lines of railway suggested in
the prospectus had all been contemplated by the Dublin and
Kilkenny Company, and if they succeeded in _obtaining a
starting-place at Kildare, or Monasterevan, they would, in
his opinion, have all that was required for the purposes of
the Company, and one of the most profitable lines of railway
in the three kingdoms.
Mr. JOHN JACKSON BLANDY moved that the report and
prospectus be received, printed, and circulated ; and that the
Shareholders' Committee be requested to continue their ser•
vices and to ascertain what further support the project
would receive from the landed and mercantile interests locally
.affected.

The CuAirtmAN said, if they pissed this resolution they
would, in point of fact, adopt a new line of railway which
they could not carry out without rpplying to Parliament for
a new Act.

Mr. BEAMISII was.of opinion that they'oUght not to adopt
the report and prospectus at present; and' without commu-
nicating with the Dublin and Cashel Company in reference
to obtaining a branch from the main trunk. They ought to
meet the Cashel Company in an amicable spirit.
Mr. SMITH supported the resolution because he thought
that they ought to have some plan laid clown upon which
they could negotiate with the Cashel Company.
After some further discussion, _ _

Mr. BEAMISII said he thought they could not agree to the
report and prospectus without sanctioning the principle of
forming the new Company, which he, for one, was not pre-
pared to do. He moved that the report and prospectus be re-
ceived, and be taken into consideration on Monday next, at a
meeting to be called for that purpose.
Mr. BLANDY withdrew his resolution, and Mr. Beamish's
motion having been seconded by Mr. Worgman was carried
unanimously.
Mr. BEAMISII then proposed that a Committee be ap-
pointed to wait on the Provisional Directors of the Dublin
and Cashel Railway Company, to negotiate with them for
the branch to Athy and Carlow from the main trunk, near
Kildare, with a view to the continuance of the line as ori-
ginally projected by the Dublin and Kilkenny Company,
and to report the result to the meeting on Monday next.—
Agreed to.
A resolution was subsequently adopted, to the effect that a
general meeting of the Shareholders should be called, in order
that the report might be legally decided upon, and that Di-
rectors should be elected in room of those who had become
disqualified, or who refused to serve.
Mr. BUTLEE, M.P., stated his willingness to give every
support in his power in Parliament to any feasible projects
for railways in Ireland, and especially to the proposed rail-
way to Kilkenny.

LYONS AND AVIGNON RAILWAY.

- - - ------ • • -- - -
(From the Journal des Chemins de Fer, of the 11th May.)
The Bill respecting this line is to be laid before the Cham-
bers next week ; the Company (Marshal Count Sabastiani's)
seeking the grant having based their proposals upon terms
differing totally from any that have yet been submitted, we
think that the information that has reached us on the sub-
ject will be read with interest.
The railroad from Lyons to Avignon—situated between
the Avignon and Marseilles line, in the course of construc-
tion, and the Paris and Lyons, about to be granted—will add
the remaining link to the great chain from Paris to the Me-
diterranean, by connecting Marseilles and Lyons, the
greatest commercial port and the most industrious city of
France.

The tedious and expensive navigation of the Rhone will
thus be superseded, and two roads adjacent to the river will
be relieved from the excessive traffic so injurious to them.
The length of the line being only 227 kilom., with unim-
portant gradients, the journey upwards will be performed in
six hours, whilst the barges take 25 days, the carriers a week,
and the steamers two or three days.
An investigation of the great commercial movement of the
line has convinced the Company that they were justified in
offering to execute all the works of the line, which are ex-
tremely light; they therefore constituted themselves, with a
capital of 60,000,000 f., and the subscription was raised in a
few days, half in England, and half in France, particularly
in the vicinity of the line.
This line, at either terminus, is connected with two of the
principal collieries of the centre and south of France, by the
lines of Lyons and St. Etienne, and Beaucaire and Alms,
which are already constructed.
There was no division of opinion with respect to the tracing
of the line; investigations made at different periods—in 1833
on a plan of Messrs. Men
et and Henry, and in 1837, on more
detailed calculations, by Mr. Kerinaignant—proved unques-
tionably the advantage of the line along the left bank of the
Rhone, from Lyons, through Vienne, St. Vanier, Tain, Va-
lence, Montelilnart, and Orange, to Avignon.

INDIA-RUBBER MATTnio.—The Government have
ordered the new garrison church at Portsmouth to be covered
with this extraordinary mannfactnre, to prevent the soldiers
from suffering from rheumatism, &c., brought on by sitting
with their feet on the cold stones. This example may be
well followed in country churches, and especially ever old
vaulted places of worship. Where the dead are deposited, the
escape of noxious gases is injurious to the hving.—Chttroh
and State Gazette.