The Sun.
London, England, 1845-07-16 00:00:00

To this country, as well as to the numerous emigrants who proceed
yearly to Canada, it must be ever an object to have their Communi-
cations accelerated and improved. This railroad will bring Montreal
within a few hours' travel of the excellent and spacious harbours of
Portland and Boston, ever open, and only ten or twelve days by
steam from Great Britain, avoiding altogether the hazardous navi-
gation of the Gulf and River St. Lawrence.
The Act of Incorporation has already been obtaired, whereby all
preliminary expenses are saved, and one-sixth of the capital required
has already been subscribed by persons of the first standing, as re.
spects intelligence, influence, and property, in the colony, thus
affording the strongest guarantee of the confidence there entertained
in the project.

From the point of junction with the railroad to Portland, arrange-
ments are now in progress giving the assurance that no delay will
arise in carrying out the charter granted to parties in the United
States, for the construction of that part of the work.
The whole line has been carefully surveyed by experienced engi-
neers; its practicability fully'demonstrated, no tunnelling being re.
quired throughout the whole distance, and the cost of construction
in the most permanent manner, including purchase of land, and ex-
penses of every other description is estimated, will not exceed
450,000/. sterlinz ; being under 4,000/. per stile for 120 miles of single
line, being the distance in the province to be constrocted by this
Company. And it may be remarked that forty miles, of which
twenty-two are of a maximum grade of eight feet to the mile, may
be in operation by the latter end of next summer, at an estimated
cost not exceeding-100,0001. sterling, which part adjoins Montreal,
and will, it is not doubted, immediately yield a profitable return.
The traffic returns obtained from the colony, deduced from actual
sources, after the moat careful investigation, and framed exclusive of
Sunday traffic, on which day it is only proposed that the requisite
mail train should travel, show a present expected income of 95,600/.
currency, equal to 79,833!. sterling, when remitted to England,
while the expenses of working the railroad, estimated by similar
works in the United States, will not exceed 30,0001. sterling per
annum.
It may, therefore, be safely concluded, that the annual surplus of
income over expenditure will, at its completion, amount to about
50,000/. sterling, or equal to ten per cent. on the capital subscribed;
while the Proprietors have the certainty that, in a country whose
resources are daily becoming so enlarged and developed, this rail-
road, forming the principal highway to the extensive and fertile
regions bordering on the great lakes, comprehending Western Ca-
nada, the States of New York, Ohio, Michigan, and Wisconsin, and
being the trunk to which local branches will from time to time be-
come united, must steadily and greatly increase in productiveness,
It will further be observed that, from the position in which this
Company stands, it is prepared to commence operations immediately
on the capital being subscribed ; the instalment required will be im-
mediately expended on the work.
The Act of Parliament having been obtained in Canada, and the
Company being already established, registration under the 7th and
Bth Vic., c. 110, is not necessary ; nor arc parties required to sign a
Parliamentary contract, as in the case of English companies.
Prospectuses may be obtained from, and applications for Shares in
the annexed form, addressed, until the 21st of July, to
A. T. Galt, Esq., the agent from Canada, 19, Coleman-street, •
Messrs. Bischoff and Coxe, 19, Coleman-street, solicitors,
Messrs. Laurence, Cazenove, and Pearce, brokers, Auction Mart.
FORM OF APPLICATION FOR SHARES.
The St. Lawrence and Atlantic Railroad Company, incorporated by
the Parliament of Canada, S Vic., cap. 25.
Gentlemen,—l request you will allot me shares of 411. 13s. 4cl.
sterling each, in the above Company ; and I hereby engage to accept
such shares, or any smaller number, which may be allotted to me,
and to pay the instalment of 4/. sterling thereon.—l am, &c.
Residence—. • • .
Trade or Profession ........
Reference • •
Date- •
To the Provisional Committee in London, 19, Coleman-street.