The Sun.
London, England, 1844-10-01 00:00:00

The completion of the Railway from Penzance, which passing
thiough 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 traffic from those districts.

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 a!s• 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 Commis-
sioners appointed by Government in 1840, to inquire into the com-
parative merits of the Ports then suggested by the Mall 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, the Mediterranean, and all our transatlantic pos.
sessions.—That this Pert 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 anxiety always felt by those who have endured a long sea
voyage to reach the shore, and from the desire which most persons
fed to avoid the delays and danger of the Channel navigation.
The reasons which now induce outward.bourd 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, call, 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 workisig
stock, does not exceed the sum of 900,0004 which is to be
raised Liy 18,000 shares of 501. each.
The accompanyi,g estimate of Traffic, deduced from very care-
ful observation made at twenty three diftrent stations on the
roads, shows the following result, via :
From Passengers by coaches and other public
conveyances £56,576
_ Post.chaises, private carriages,
cars, gigs, &c. .
Parcels, goods, &c.
Coal, Sand, Corn, Cattle, Fish, and Vege-
tables
By conveyance of the Mails

£93,964
Estimated annual cost of working, 40 per cent. 37,584

Nett revenue Z58,380

This calculation, which shows a return of upwards of six per
rent. on the capital, is made upon principles allowed in proof
before Parliamentary Committees, but does not include the
carriage of any of the mineral produce of the County, or of
mining materials, or of manures other than sand; nor is any
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 Fahnouth 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.

Its numerous Foundries from which Enginos and other Ma.
chinei y arc forwarded to all parts of the World, the able Engi
Deers 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 Ports in the Kingdom, its genial climate, possessing mildness
and uniformity not surpassed by the South of France, 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 annum on the deposit, and on subse-
quent calls, from the time of payment into the Bankers' hands,
until the Railroad may be opened for traffic; and no Subscriber
will be answerable for more than the amount of his deposit of J.
per Share until the Act be obtained, and then not beyond the
amount of his subset iption.

A deposit of 3/. 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 Slat day of
December next.

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