The Sun.
London, England, 1845-09-02 00:00:00

COMMITTEE OF MANAGEMMIQT.

lion. Colonel George Anson, M.P., 23, Hill-street, Berkeley-square,

London
William Back, Esq., Stratford St. Mary, Suffolk
Calverley Richard Bewicke, Esq., Bambara House, Suffolk
Emanuel Cooper, Esq., Southwark
W. J. Crowfoot, Esq., M.D., Beccles
Richard Hammond, Esq., Great Yarmouth
Swynfen Jervis, Esq., Whitehall-place, Loudon, and Dulaston Hall,

Staffordshire
John M`Rae, Esq., Page Greenhouse, Tottenham
Hezekiah Martin, Esq., Great Yarmouth
Samuel Paget, Esq., Great Yarmouth
George Danby Palmer, Esq., Great Yarmouth
William Richardson, Esq., Charlotte-street, Bedford-square, London
William Ayscough Wilkinson, Esq., Woodberry Down, Middlesex
William Wilshere, Esq., M.P. for Great Yarmouth, Hermitage
Hitehin, Herts

Ettuirisza—joseph Locke, Esq.
SOLICITOUS.
Messrs. Fisher, Lucas, and Steward,/
Great Yarmouth
Samuel Palmer, Esq.
Messrs. Margitson and Hartcup, BungaY
Josiah Wilkinson, Esq. London
Bamas—Lundou and County Bank, Lombard-street, London, and

its branches.
SECTIETARY.—M. E. Daniel, Esq.

A direct communication from Yarmouth to the Metropolis is of
the utmost importance to the port and trade of Yarmouth. The ;:re-
sent route by the Norwich mai Yarmouth and Norwich and brandon
Ralive,ys, now called the Norfolk Railway, conveys the Yarmouth
traffic to London round by lsrandon, Ely, and Cambridge, to join the
Northern and Eastern Railway—a distance of 146 miles. The ter-
minus of the .Norfolk Railway at Yarmouth is acknowledged to be
most, inconvenient for the London trade, and the claims which it has
upon Yarrneun are confined to the communication with Norwich
and V.e western and north-western diet lets. A very large traffic
exists between Yarmouth, Lowestoft, Beccles, Bungay, Halesworth,
Harlestone, and hiss ; and also between all those important towns
and Bury St. Edmund's, Stowmarket, Ipswich, and London. To
supply the wants of these districts the Waveney Valley and Yar-
mouth Railway is designeol ; and it will shorten the distance between
Yarmouth and London twenty-four miles.
It is intended to construct the terminus upon the best site as near
to Yarmouth-bridge as practictble. The line will communicate with
the quay's, so as to take goods from the vessels on the river without
transhipment or immediate carriage, thus saving considerable ex-
pense. This railway will run to the town of Beccles, thence to Bun-
gay (with a branch to Halesworth), t o Harleston, and Diss, commu-
nicating there with the Eastern Union Extension Railway, and by
means of that line to Stowmarket, Bury, Ipswich, Colchester, Chelms-
ford, and London. At Diss the railway will be within three miles
of the important market town of Eye, to which a branch may be ad-
vantageously constructed. Iu its course to Beccles it will cross the
Lowestoft and Beedham line, and will afford the shortest communi-
cation from Lowestoft to London. The whole length of the main
line will not exceed thirty-three miles, and the branch to Hales-
worth will be about nine miles. The population of the district
through which it runs, taking the parishes within three miles of the
line, is upwards of 100,000, according to the last census. The valley
is one of the richest agricultural districts in England ; it produces
large crops of grain, and abounds with rich pasturage, a very large
portion of the barley is malted at Harlestone, Haleswortis, Bungay,
and Beccles, and supplied to the large London brewers.
The export of corn and flour from Yarmouth exceeds that of any
port in the kingdom, the average being yearly 435,690 quarters.
70,000 tons of goods and 173,485 tons of coals are annually im-
ported into Yarmouth to supply the wants of the district.
There are 574 registered vessels, comprising a tonnage of
50,375, belonging to Great Yarmouth, and 3,400 ships yearly enter
that port.
Upwards of 100 vessels are employed in the mackerel fishery, and
200 in the herring fishery ; the capital employed in these trades ex-
ceeds half a million of money.
In addition to the above, very many other fishing craft are em-
ployed in catching turbot, soles, cod, haddock, whitings, shrimps, B:c.,
the greater part of which are sent to London ; and, as the fishing
banks of the North Sea present an inexhaustible supply of these com-
modities, and the metropolis an almost boundless market for cheap
and good fish, it may confidently be expected that the immediate
and permanent effect of a quick transit between the two places will
be a vast increase in this branch of traffic ; and it is anticipated that
large quantities Of Scotch salmon will be landed at Yarmouth, to
avoid the tedious passage between this part of the coast and the
metropolis.
An immense quantity of live stock is sent from the district of this
railsvay to London, which, in the event of this line being made,
must pass upon it.
Yarmouth is increasing extensively as the watering-place of the
eastern coast. A great number of houses have recently been erected,
to accommodate the requirements of visitors during the season, and
many others of a first class are now in course of building.
The traffic on this line of road has been taken, and is estimated to
produce, independently of the fish carriage, a return of £39,483 0 0
To this add for fish traffic frosts Lowestoft, according
to the present quantity supplied to the London
market, calculated at a low rate ..... .......
And for fish traffic from Yarmouth, according to the
same data •

3,727 0 0

Making •••• • .. • £52,710 0 0
Deduct 40 per cent. for working expenses .
- -

Leaving a net revenue of. •.••• • • • • • • • £31,626 0 0
which upon the capital of 400,0001. will snake a return of eight
per cent.
The distances will be as follows :
From •Yarmouth to Diss ••••••••• • • • • • • • • • 33 miles.
Stowmarket .. •••• • • • • 43 „
- Bury St. Edmund's •• .• 54 „
• Ipswich ..............53 • ~
• Colchester •••••• .. • . • • 71 ~
Chelmsford •••• • • • 93 „
fIP London ••••••• • • • • • .. 122 „
being twenty-four miles shorter than the route by the present Norfolk
Railway.
The traffic has been taken very moderately, and it slay be
fairly calculated that the amount will be very considerably increased
by increased trade (particularly in fish, cattle, and grain), when
the road is opened, and the facilities which railways afford are
developed to a country hitherto I/accommodated with such ad-
vantages.
The line has been carefully surveyed, and no engineering difficulty
presents itself. It may be constructed very cheaply and speedily.
The Waveney Valley forms a natural level channel without a single
impediment ; and where the line leaves the valley the cuttings are
not heavy, and are required for the necessary embankments in the
lower lands.
This railway is brought forward with the general concurrence and
approval of the country and towns through which it passes. It is
now the universal opinion that this line is absolutely required by the
district, and that without it the trade of this portion of the country
will materially suffer, and consequently the value of property be
depreciated by the competition of those neighbouring towns to
which the great advantages of railway communication have been
granted.
Provision will bo taken in the Act to allow four per cent. interest
on the deposit and calls until the line is constructed.
Powers will be taken in the Act to drain the marsh lands of the
valley through which the line passes.
Applications for Shares to be made to the Committee of Manage-
ment, at the Offices of the Company, No. 2, Nicholas-lane, Lom-
bard-street and Mr. J. W. Scott, share•broker, Re., 3, Bartholo-
mew-lane, London; to Messrs. Fisher, Lucas, and Steward, and
Mr. Samuel Palmer, of Great Yarmouth ; and to Messrs. Margit-
' son and Hartcup, of Bungay, in the following form, viz. :--

FORM OF APPLICATION FOR SHARES.
To the Committee of Management of the Waveney Valley and
Great Yarmouth Railway Company,
Gentlemen,—l request you will allot to me Shares of 201.
each in the above Company, and I undertake to accept the same,
or any less number, and to pay the deposit of 21. per Share and
engage to sign the Parliamentary Contract and Subscribers' Agree..
runt in respect of the same, when required.
I am, Gentlemen, your obedient servant,
Name in full .•.•.• • • • • „ ..............
11,s:deuce •• • •
I)Psc•ription . .
Place of business ......... .

Ecnce ••..• • ..
d. of of Rellteuto . ...