The Sun.
London, England, 1845-04-03 00:00:00

SOLICITORS.

3fessrs. Pattersqn, Ilaymes, and Banbury, Leamington and
Warwick.
W. O. Hunt, Esq., and Charles Stevens, Esq., 10, Whitehall,
• ,
Mews. Clay and Swift, Liverpool.

The p niod having elapsed for making application for Shares, the
Provisi. ,nal Directors beg to give notice that they are proceeding to
make the allotment with as little delay as possible ; but from the un-
precedented demand for Shares, amounting to ten times the capital
requir ed, a few days must necessarily elapse before the letters of al-
lotmcnt can be issued : and the Provisional Directots take this op-
Portrtnit3r of intimating to all parties, who within fourteen days shall
not receive such letters, that they must understand their repuest can-
nel, be cemplied with for the reason above assigned.
London, 449, West Strand, April 1, 1845.

LONDON AND YORK RAILWAY.
• The detailed Report of the Board of Trade having been pub-
_l4le(l, the Committee of Direction of the London and York Company
deem il. right to observe upon a few of the most glaring mistakes, ap-
Parent on the face of it.
The Committee, however, must first acknowledge the favourable
opinions expressed of the London and York, compared with the
rival sl themes in the following passages of the Report, viz.:—
-1,1 regards local accommodation, we are of opinion that the
Merits or the two schemes are equally balanced, and that either
w°lo,l afford a very good Trunk Line between London and York ;"
Penait,gain, If we disregard for the present all considerations of ex-
'who/ e,
t may be considered that the London and York scheme, on the
presents a larger and more comprehensive system of commu-
nicatioi 12' The Report, nevertheless, rejects the London and York
:Vine, upon the ground of its being too expensive, and asserts that
e sante ends may be obtained at much less cost, by means of 218
lies of new railway instead of 327, the length of the entire London
and Y°flC. scheme. The Committee call attention to the fact, that
:Zilst 'the report on this plea of economy rejects the London and
fork soheme, the whole of the lines actually recommended by that
LePort s substitutes, contain no less than 334 miles of new railway,
t‘. leasing the public to travel from Cambridge to London (a dis-
,ce of more than 50 miles) upon the existing Northern and Eastern
au
.IY. wad throwing the trunk lines into the hands of three sepa-
bn rate
oornPanies.
air; question of cost, the report of the Board of Trade states
That the London and York scheme, as now proposed, could not be
coMpleted with stations, metropolitan terminus, and the requisite
worki.
speck of engines, carriages, &c., for a less sum than
''',.„`"mr, 8001." But the Committee beg to observe, that
the carrying establishment (which the report very meet;
'over estimates, at an average of 3,3881. per mile, or about 1,000,0001.)
'was riot included, not being required by Parliament to be included in
'their estimate. The estimate sent to the Board, was for works only,
And amounted to 6,500,0001.. the difference therefore between that es-
._4k.Ate, and the estimate put forth by the Board, is only 500,000/. ;
''''not when the Committee state,-that no question or explanation upon
the estimate was asked by the Board of Mr. Cubitt, their Engineer,
nor the slightest intimation given that its accuracy was in any de-
Vet quefdioned ; when it is also well known to the Board, that upon
capita.l of 6,500,0001., Parliament gives the power of borrowing
?,166,001.1/, further, the Committee deem themselves warranted in
"aYing, the conclusion of the Board has been far too hastily ar-
rived nt.

Al/ether economical detail given by the Report is, that whilst the
e-io'ndem and York would cost 8,000.0001., the lines necessary to supply
its place would only cost 4,250,0001. On this head the same kind of
'fallacy prevails : the London and Yotk scheme is estimated, including
carrying establishment, the others excluding that expense. Moreover
(as will be seen by the table below) instead of 218 miles at a cost of
4,250,0001., the Report recommends 334 miles at an expense of
8,785,0001. (a sum only 715,000/. short of the London and York esti-
%late), and if the carrying establishment of 1,000,0001. be added, atae
test of 6,785,0001., which would be only 1,215,0001. short of th
8,000,0001., at which the Board estimates the London and York
'theme ; still leaving the trunk trait:: to run over more than fifty
Mlles of the existing Northern and }:astern Railway.
Tice London and York Committee are strongly impressed by the
fact that no one of the estimates for the lines approved in the report
M the Board of Trade exceeds 18,000/. a mile (excepting the Far-
ttntedon-street Extenslon, and except also the North end of the Direct
-I"Torthern, which is estimated at 22,000/.), whilst two of them stand
!'t• 8,0001. a mile, the Mldlar.d schemes at 13,0001., and the Grimsby-,
m_r 60 miles through Lincolnshire, at 10,000/. per mile. The whole
Zrilhe lines north of 'Cambridge which traverse precisely the
14, e country as Via"; of the London and York, do not average
ehat t Der ile; • and there can be no reason for saying
leiliehhnlotpr (inn anti York lines in those parts would on the whole be
the it ex pensive. With regard to the London end of the line,
ePort, vith ecullar inconsistency, charges the London and e ork with 9
•')',000/.pper mile, whilst it sanctions the Eastern Counties
eelet:Min P:om Hertford to Biggleswade, through twenty-five miles of
countr - at 18,000/. per mile. The Committee are assured
eob".`mr• cCubitt, and the Board of Trade's Report furnishes additional
e-,,",,„"n to rely upon his accuracy, that the original estimate of
"e'uu,'6oo/.—about 20,0001. a mile—will be sufficient for every part of
the lcork.
nisi the subject of traffic the Committee will only remark, that
eel the Board of Trade is satisfied that the traffic of the district
will tint only remunerate the outlay of 6,785,0001.—the estimates
fer the lines they approve—but that it will also pay a mileage
toll ;von fifty miles of the Northern and Eastern—that toll would
.1) l /abundantly sufficient to remunerate the outlay of the additional
115,000/., making 8,000,000/., which would, even in the Board's
*pinion, suffice to construct the integral line projected by the London
eind York Company, ten miles shorter in its trunk, and more corn-
Prehensive in its local accommodation. By the schemes approved,
er rather suggested, by the Board of Trade, the traffic of the
district would be collected upon 334 -I- .50 384 miles of railway,
and the same traffic would be concentrated by the London and
N'ork Railway upon 327 miles. The Committee are prepared to
%how that the local traffic between Newark and Chesterfield, and
ketween Snaith and Wakefield, on the lines by the Board's Report
/substituted for those lines from Bawtry to Sheffield, and from Don-
caster to Wakefield, would not add materially to the amount. The
Zotmi's comparison of the London and York estimates of traffic with
title income of the Eastern Counties and Midlands, must be neces-
sarily inconclusive; since the Eastern Counties is not sufficiently ad-
-canced to enjoy the benefits of a through line, or even what may be
termed an extended line ; and the Midland average of 411. per mile
Per week is made up for the year ending June, 1843, (and not 1844, as
seated in the Report) of the aggregate of three lines—the North Midland, 72 relies bringing 54/. ; the Midland Counties, 57 miles,
bringing 421. ; and the Pirmiugham and Derby, 48 miles, bringing
Per mile—the last line being a competing line with the second.
The entire. Midland returns for the half year ending December, 1844,
are equal to 59/. per mile per week for the year, and this includes only 4/.
tier mile, for carriage of minerals, whereas, if, as the projectors of the
London. and York assert, and the Board of Trade are pleased to ad-
'snit, the district of the London and York and Eastern Counties will
be supplied with coal by those lines, the mineral traffic alone must
'necessarily be equal to 201. per mile per week.
The Committee are not enly fully prepared to prove the ample
traffic on their line—and that their estimated income of 1,000,000/.
is not, as alleged in the Report of the Board of Trade, exaggerated
bile so far from their income being dependent upen the difference
between three halfpence and twopence-farthing placed on part
/af their passenger income, or won their security from compe:ition,
lheY are in a condition to show that even one-half of their whole
estimated passenger traffic, and 6/. instead of 20/. per mile per week
n Mineral traffic, would give an income of 5/. per cent. upon a
capital of eight millions, after deducting 401. per cent. for working
expenses,
(ne Re
allusion to the accommodation of the great county of Lincoln,
end port further states, that, "by a double line or loop, the London
York scheme requires the making of 150 miles, partly of difficult
_coestruction, to provide for the same traffic which would be accom-
rndated in tionle respects better, and in others almost equally as well,
,t,y about 100 miles, all of very easy construction." So far from this
I'o/18 correct, the public will be surprised to find :the reverse is the
/act, for whilst that part of the London and York scheme which lies
_ thin the county of Lincoln, comprises only 1 I lee miles, the lines
irellosett by the Board of Trade within the same county extend to
121 Mile!!! the measurement being taken in both instances from the
I,anith border of Lincolnshire to Newark, and to Gainsborough on the
111. The accommodation afforded by the London and York lines
-trig preferred by the inhabitants.
, The Report of the Board of Trade contains various other errors and
inconeistencies too numerous to be treated of here, but which the
London arid York Committee will take care shall be ffilly set forth
when the merits of the case of the London and York shall be under
the consideration of the Parliamentary Committee on the re-
assembling of the House of Commons.
In conclusion, the Committee beg leave to reiterate, that where
(as in the case of the London and York) the district through which
new railway is projected, is urgent and unanimous in
;a favour, and the requisite capital is subscribed, they cannot be-
lieve that Parliament will refuse its sanction, out of regard to the in-
terests of existing railways, which make the main trunk longer, and
the local accommodation neither so comprehensive nor satisfactory to
e inhabitants.
teTtl„c feeling of Parliament and of the country, with reference to o"feitBl,ol_ndon and York Line, when coupled with the acknowledgment
merits by the Board of Trade, and the manifest misconception
e,.a",wn'r
ghtivehetvhee e_conoftindical
tconclusions of that Board have been
ley eon ence o e.Committee of the ultimate ZIT 0{ ?f the echeme—and the Committee are per Parliament
recognise the public importance of an integral line under one
!tient, "*Y",e 01)Stacles t and Its vast superiority over a seriee. s of lines, which in:
o the traveller at every chang

LIB ES
APPROVED OR SUGGESTED BY THE BOARD OF
TRADE.

LENGTH.
otal Cost
T per
Mkt. Chns. Cost. Milo.
Z. •Z
1. pa
..
..- Mbridge and Lincoln
.. farringdon-street Extension ••• • • • 83•
"6
1,62°°50:000000 1"°0
° Direct Northern .. .. .. .. .. .. .. 75 201 1,300,000
!.. Boston Branch 22,000
° Stamfbrd and Spalding ditto, sug- 32 -- 240,000 8,000
6 _Rested by the Board of Trade ....
Eastern Counties Biggleswade, in
li
lesweu of London and York to Big- 24 50 450,000 18,000
ril. g.tdo • • • • " .**' • • • • • • • • • • • • •
(11-ord, London and Birmingham .4 lieu of London and York Bed-
a. ford Branch 16 ..... —— -- 16 31 125,000 8,000
Swinton to Gainsborough, in lieu of/ 33 _
5 iv
. ~_Lbltdon and York line to Donca.ster 3 430,000 13,000
akefield and Goole (part of) in
lieu of 21 miles the Wakefield 22 270,000 12,000
10. Branch of London and York.... ••
vark and Chesterfield, with} 32 60 500,000 15,000
To Slcaford and Grantham, sug-
gested by the Board of Trade in
feu of London and York Line,l
through Grantham, Newark. Ret- j 28 420,000 15,000
ford and 13awtry, to Sheffield° ..• .
p:. al
—...—.
The
.6,:..........__________ •
•• •• .. 334 27 5,785,000,

Toih
- eta undermentioned, aecoml
Bee
daelteme, arc left wholly unprovided
wird of Trade.
bl'?nd°n to "• • • ••• • • • 22 Miles.
oTgleswaie to Iluntingdon ••• • • • ******* ••• • ' • IS
liStamford to Grantham •••• •• ••• • • 18
"
ewark to Baurtry ... ••• • • • ••'•••• • • • • • • 2:3
"

manied by the London And
1 for by the schemes of the

file
RePert gives no estimate of these Branches, but 15,0001. a
auun'Qd, being the same cost as the 31ain Line.
J. It. MOWATT, Sec.
°Zll5l7'
749t1ab1z7, leawkon, NOMuth, 1845.

83 Miles.