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16,347. LONDON.. TUESDAY EVENING ;
5 JANUARY 7 1845.
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PRIOR sd.

TH-jc SUN 18 Publzgited EVERY MORNING at FIVE O'CLOCK, in Time for the EARLY TRAINS and TOWN DELIVERY ; a SECOND EDITION (Evening Sun) is Published in Time for the AFTERNOON TRAINS
and a THIRD EDITION at SEVEN O'CLOCK, for POST, aontaming PARLIAMENTARY and all other NEWS in LONDON up to that llour.
ADVERTISEMENTS INSERTED in ALL THE THREE PAPERS, Morning Noon, and Night, thereby insuring a TOWN and COUNTRY CIRCULATION, at ONE CHARGE.

GRAVESEND STAR PACKETS leave the
Brunswick Yler, Blackwall, at 11, 1, and 4 on Sundays at

11 and 3.
From Terrace Pier, Gravesend, at 91, 1, and 5 ; on Sundays al

9-1 and 5.
Fares to or from Loudon.
Fore Cabin and Second Class Carriage, Ninepence,

Saloon and First Class Carriage, On Shilling,
To or from Blackwall.
Fore Cabin, Sixpence—Saloon, Ninepence.
Office, Gravesend, Nov. 29, 1844.

FIMPLOYMENT.—Persona having a little time
to spare are apprised that Agents continue to be appointed in
London, and country towns, by the EAST INDIA TEA COMPANY,
or the sale of their celebrated teas.

Oftices, No. 9, Great :it. Helen's-churchyard, Bishopsgate-sti.
They are packed in showy leaden canisters, front one ounceNso a
pound, with the price and weight marked ou each packet, and but
ittle trouble is occasioned by the sale. Tho license is only I Is. per
annum, and many during the last nineteen years have realised con-
siderable incomes by the agency without one shilling let or loss.
Application to be made (if by letter poet-paid) as above.

(for nothing is omitted which any person can possibly wish to find),
we do say that this " Post Office Directory" is a most extraor.
dinary undertaking. As a proof of the vigilance which has been
exercised in bringing down the matter to the latest possible period,
Lord Western's name will not be found in the " Parliamentary
Directory." Similar instances of attention might be adduced. As
tests we hare turned to several names of persons among our own
acquaintance who have recently changed their residence, and iu no
one case have we found the change overlooked. This is conclusive
proof of the general care that is bestowed to render the work ac-
curate as well as voluminous; for it is fair to conclude that any one
applying the test within his own range, would find the same vigi-
lance. In every point of view it is a work of vast utility, and in-
dispensable to all persona who have any business to transact in
this mighty centre of business, It supersedes all other guldqs and
Directories.

GLOBE, Nov. 10, 1844.
The claims to public patronage of this most elaborate and well_
arranged Directory have been so fully established, as to render any
notice of it almost an act of supererogation. In addition to the
extensive and varied information by which this work was already
distinguished, we find in the volume for 1845, a considerable quan.
tity of new and appropriate matter, arranged under various heads.
All this has been done—notwithstanding the greatly increased size
of the volume—without any additional charge. The yearly outlay
of capital required to produce the work must be immense ; the
reward of the enterprise and labour will, we trust, be in ptopor-
lion to it.
lIHREPATIeI RAILWAY AND COMMERSIAL ADVERTISER,
Nov. 16, 1844.

How such a mass of information was ever brought together,
even in the 1,900 large pages of this volume, it is difficult to
imagine, even though we take into account that to effbct it, has
tasked the ample resources of its owners for a series of years. The
result, however, is that a commercial book of reference has been
produced worthy of the commercial capital of the world. The
high character of the Post Office Directory has given it a place in
every house of real business ; indeed, not to possess it is to be
without information to which every man in the United Kingdom
commercially employed should have ready access.
In the " Conveyance Directory" the matter connected with
Railways is full and recent. Within our space enumeration of the
various subjects cannot be attempted, nor can such be requisite.
It can be only necessary of a work so universally known to say,
that the number of the Poet Office London Directory for 1845 is
by far the best and most complete edition of the work which has
ever been produced. Higher praise it would be difficult to bestow.
The Map with which the book is accompanied, entitled " Modern
London and its Environs," is an entirely new one, and one of the
best plans of the Metropolis we have yet seen.

RAILWAY REGISTER, Dec. I, 1544.
There are few men of business who do not take in the "Post Office
Directory," and to such, an enumeration of its contents is almost
valueless; but for those who do not, it may be as well to
make some further remarks, and the more so, as it only needs an
acquaintance with that work to be convinced of its intrinsic value
and great utility. There are some offices where the expenditure
for a new Directory is grudged on the ground that it is laying out
money for what they do not want, and they grub on without a
" Post Office Directory," or with only one of Pigot's or Robson's
superannuated Directories. A sharp, acute man of business would,
however, just as soon be persuaded to part with his inkstand as
with his "Post Office Directory," for it not merely saves more
than its cost in time, but it is a valuable instrument for carrying
on business. As a means of ready reference it is valuable, as a
man's name, residence, and occupation are .00n found, and a re.
ference to an old Directory will show how long he has been en.
gaged in such pursuits, and furnish prima facial evidence is to
respectability. This is so melt understood in proper quarters, that
on-such matters the " Post Office Directory" will be found quoted
in the leading articles of the Times, in Government and Parlia.
mentary reports, and before the police and criminal courts.
Does the Times, with ready sagacity, detect a swindling
firm trying to prey on the community—the " Post
Office Directory" it immediately appealed to, to show that
the pseudo firm is not to be found enrolled in its columns.
It would appear inexplicable that a day register of this
kind should be fo'ind playing such an important part in the com-
mercial community, if it were not well ascertained that Its con-

ducters display the greatest energy and accuracy in car•

rying out their undertaking. The return of the circulation of
country banks prefixed to the "Banking Directory" is the heat
which has yet appeared, and the only digest of the Population
Returns, applying to the metropolis, is the one in the " City Di-
rectory," which gives the population and income.tax of each parish
in the metropolis, and a laborious analysis of the occupations of the
population, deduced from the Census of 1841.

Were this work more carefully looked to in country places, the
swindling bill and other firms would find a little more difficulty In
carrying out their nefarious pursuits.

In conclusion, we say, When you want anything, always look
in the Post Office Directory."
luxe-clump LONDON NEWS, NOT. 23, 1844.
Twenty years have made a strange alteration in the bulk •f this
almost indispensable Directory. Well do we remember the mean,

spare volume of ether days, with its long lines of large type, and
its shabby sheepskin binding; in place of which we have here a
ponderous large octavo volume, of some 1,900 pages, •f two and
three columns each, of small type, comprising " inter alia," direc-

tories, " Official," " Sheet," " Commercial," " Law," " Court,"
" Parliamentary," "Postal," "City," " Conveyance," " Bank-
Ing"—thus combining the advantages of the old " Directory" with

those of the " Court Guide"—the east with the west—and corn•

ROYAL POLYTECHNIC INSTITUTION.
Christmas Holidays. One of the brilliant novelties is
CHILD'S CHROMATItOPE, New Subjects in Nature and
Art for the PROTEOSCOPE• The PHYSIOSCOPE. The first Ex-
hibition of a series of heautiMi DISSOLVING VIEWS. On the
Evenings •f Tuesdays and Thursday's Mr. C. E. HORN lectures on
the MUSIC of DIFFERENT NATIONS. Dr. RYAN'S and pro-
fessor BACHHOFFNER'S varied LECTURES daly. Dr. RYAN
also Lectures en the Eveniugs of Monday, Wednesday, and Friday.
The whole of the Lectures abound iu interesting ExperiMents.
SUBMARINE EXPERIMENTS by means of the DIVING-BELL
and DIVER. The COLOSSAL ELECTRICAL MACHINE.
Admission, Is.; Schools, Halt-priee.
A New Edition of the CATALOGUE, containing Three Hundred
additl•nal Works of Art, &c., since the last revisal, is just published.
price Is.

NINETY-FIRST SALE.
CUSTOMHOUSE, LONDON, JAN, 13, 1845.
Q • -

prising all the information which the merchant or trader, or any
other London resident or visitor, can reasonably expect to find ;
and by excellent classification and arrangement, any portion of this
information may be found without difficulty. Among other addi.
tione, we perceive some important and interesting statistics of Lou.

don—as the area In acres, population, and assessment, and a state-

FOR SALE, by Order of the lion. COMMIS-
I of HER MAJESTY'S CUSTOMS, at Twelve
o'Clock at Noon precisely, on MONDAY 19th, TUESDAY 14th,
WRDNESDAY 15th, THURSDAY 16th, and FRIDAY, 17th of
January, 1645, at the COMMERCIAL SALE-ROOMS,
Mincing-lane,
The following GOODS for HOME CONSUMPTION:—
Accordions, artificial flowers, beads, musical boxes, braves,
brooch beads, bandannas, buhl boxes, ladies' bags, bon ben figures,
camailes, Dutch clocks, ormolu, porcelain, bronze, and other
clocks, chains, coutille, coral beads, chemical glasses, flue woollen
cloth, china ware, cambric handkerchiefs, chandeliers, copper
matrices, cutter with spars, sails, boat, &e , dessert sets, ladies'
writing desk, dolls, embroidered muslin, embroidery, embroidered
cambric handkerchiefs, flute by " Godfroy," a Paris, furniture,
gold rings, flint and cut glass, garters, jewel cases, mock jewellery,
lute strings, pillow lace, matchsticks, merinoes, mousseline de
!eines, British machinery a quantity of card clothing being used
in the manufacture of linens or woollens, neckerchiefs, needle.
work, millets, opera glasses, coloured porcelain, China silks
(plain), silk plush, perfumery, pianofortes, penholders, priests'
vestments, preserved vegetables, &e., perfume stands and eases,
shawls, silk monkies, silk mitts and gloves, sheep skins dressed
and dyed, slipper „deres, cigar cases, sofa, snuff boxes, human
teeth, tea caddies (lacqurred), table and toilet cabinets, toys,
tables, waistcoatinga, wire, gold and silver watches, wardrobes,
watchmaker's saws, manufactured and unmanufactured tobacco,
cigars, cheroots, tea, coffee, sugar, wine, mixed spirits, brandy,
ruin, Geneva, squirrel tails, lacquered Russian bowls, &c., &c.
FOR EXPORTATION:
Perfumed spirits, wine, cordials, common green glass, spirits, one
copper still with fittings, spirits of wine, &c., &c., &c.
FOR EXPORTATION OR HOME CONSUMPTION,
on payment of the Duties
Silk Manufactures, china silk, wine, spirits, squirrel and other
skins, preserved soups, &c., auccades, Cologne water, ale, rice,
paper, soap, salted beef, wax and sperm candles, tea, coffee,
sugar, &c., &c., ac.

CLASSES.
D RAVING GALLERY, 18i, Maddox-street

ELECTION OF GUARDIANS.
MEMORANDUM.
Poor-law Commission Office, Somerset-house,
Dec. 31, 1844.
The Act 7 and 8 Victoria, c. 101, requires--
1. Every owner, i❑ order to be entitled to vote
either as owner or by proxy, at the election of guar-
dians, should, before the Ist day of February, have
given to the overseers a statement of his name and
address, together with a description of the property
in the parish for which he claims to vote. Such de-
scription must show the nature of the interest or
estate he may have in such property; it must also
show the amount of rent service (if any) which he
may receive or pay in respect of such property; and
the name of the persons from whom he may receive,
or to whom he may pay, such rent.
2. If this has been done, the owner may vote him-
self, or he may vote by proxy; but if he vote by
proxy, the proxy must, fourteen days at least before
he votes, send to the overseers the original, or an
attested, copy of his appointment as proxy ; together
with a statement of the owner's name and address,
and the property in respect of which he claims to vote
as proxy.
3. On or before the sth of February, the overseers
of parishes containing a population exceeding 2,600,
according to the last census, are to prepare a registry
of the names and addresses of the owners and proxies
who have given the statement, or made the claim
above referred to, before the Ist of the month.
4. This registry is to be open to the inspection of
all persons any time between the sth and 10th of
February; and any owner or proxy who has given
in his statement, or made his claim to vote, or any
rate-payer, may object to the vote of an owner, by
delivering, before the 15th of February, a notice, in
writing, of the grounds of his objection to the clerk
of the guardians and also at the address of the per-
son objected to.
5. On or before the 20th of February the clerk is
to provide for the revision of the list, so far as regards
owners objected to, which will revised -n some
day between the 24th of February and Ist of March.
Any objection to be held valid must be supported by
the person objecting at the time of revision.

Hanover-square.
This Gallery is now re-opened for the Study of Model Drawing
and Practical Perspective—the Human Figure and Anatomy.
Further information respecting the Morning and Evening
Classes may be obtained at the Gallery, and at Dickenson's Litho-
graphic Establishment, 114, New 13und.street.

NOW OPEN.
UNIQUE EXHIBITION.-BATTLE . OF
WATERLOO.
New Model, upon a very large Scale, representing the Splendid
Charge in the earlier part of the Battle by the British heavy Ca-
valry under the Marquis of Anglesea, and by the British Infantry
under Sir Tbo/112.1 Picton.

ment from the Occupations' Abstract of the Census of 1841.

" Directory" Is, in fine, u complete as untiring industry and •i-
-gilance can make it; for they hare uniformly kept pace with tho
increase of the number and extent of our metropolitan and national
establishments and interests.

EGYPTIAN HALL, PICCADILLY.
Open from Ten till Five; and In the Evening, brilliantly
illuminated, from Seven till Ten.
Admission, Ono Shilling.

DIRECT NORTHERN RAILWAY.
We have received a, statement of the " case and
merits" of the Direct Northern Railway, which
makes out very fully the grounds upon which the
project was first brought forward, as announced to
the public by the orning Post, in its City corre-
spondence, as long ago as the beginning of April
last. The Direct Northern is so clearly the line be-
tween London and York (presuming a new line to be
necessary, which is generally felt to be the case) for
the public adoption, that we need do but little more,
in the present stage of its progress, than to draw at-
tention to the statement alluded to, which has been
printed for distribution. According to this docu-
ment, the Railway Commissioners report that the
traffic on the Midland lines is already too great,
which, of course, implies that another line is called
for. The Direct Northern line eases the Midland
trains of all the traffic going north of York, effecting
an economy in the expense of travelling ; and being
under but one direction, the time consumed on the
road will be abridged by it even without an accelera-
tion of the speed. For these reasons alone all the
Scotch interest and influence will be obtained for it
in Parliament, and, from the circumstance of it not
being liable to competition hereafter, it cannot but
prove a good sound investment for capitalists. Such
is the prevalent feeling, and hence the advance of the
shares to-day to a premium of nearly per share.
The main trunk at York is carried onward by a
bridge over the York and North Midland Railway,
and joins the Great North of England line at a point
about a mile-and-a-half beyond the city of York, for
the purpose of avoiding the detention that now occurs
to onward passengers, whether proceeding north or
south. It is of importance to the supporters of the
project that the Directors have been acting to the
utmost practicable extent upon the policy laid dovvii
as desirable, in the execution of railway enter-
prises, by the Parliamentary Commission appointed
to report upon the subject of this branch of the na-
tional economy three or four years since. The
London and York Company, in the plan of the line
they have brought forward, would appear not to have
been moving in a like spirit in accordance also with
the suggestions of the Commission. The statement of
the Direct Northern Company has the following pas-
sage bearing upon the point :
" This mode of crossing the York and North Mid-
land line has been adopted in conformity with the
following recommendation contained in the fourth
report of the Railway Commissioners in 1841 (p. 43).
We consider it improper that the traffic of any
new line should open upon the York and North Mid-
land Railway, with which so many lines are already
in connexion as to render delay unavoidable, and col-
lision not improbable. In consequence of the nume-
rous trains of luggage and passengers using this line,
nearly two hours are sometimes occupied in passing
over a little more than thirty miles from York.' Not-
withstanding the opinion thus decidedly expressed,
the proposed competing line of ' the London and
York' comes upon the York and North Midland Rail-
way in the very manner objected to by the Railway
Commissioners as likely to lead to danger, and cer-
tain to cause delay."
The framers of the document state that a striking
illustration of the progress which the direct principle
is making, and of the importance of saving a few
miles on the main line of a railway, is most oppor-
tunely afforded by the fact that the London and Bir-
mingham and Grand Junction Railways have con-
sented, after several years of opposition, to join in
the formation of a new line from Stafford to Rugby,
forty-eight miles seventy-seven chains in length, at
an estimated cost of about a million, for the sole pur-
pose of effecting a saving of nine miles thirty-nine
chains between London and Stafford (a distance of
141 miles 15 chains), and this, too, although the
effect of the alteration is to carry all the through
traffic past, and not through, the important town of
Birmingham, which is thus placed, as it were, on a
a branch with reference to the main line of communi-
cation ; and that it is also remarkable that the line in
that direction, originally contemplated and submitted
to Parliament, was laid down so as to save the dis-
tance now to be curtailed at so great a cost, but that
local interests prevailed at the time over the direct
principle, and carried the line round by Birmingham.
Successive alterations have, it is added, at great cost,
also been made, or are about to be made, in several
other principal lines, viz., in the original Birmingham
and Liverpool, the Birmingham and Manchester, the
Manchester and Leeds, the South-Eastern, and others,
all of which alterations must be considered as adop-
tions of, or approximations to, the direct principle.
The Committee, it is further observed, are confi-
dent that neither the Legislature nor the Board of
Trade will now sanction a line from London to York
on merely local grounds, but will regard the question
as one of general national importance, for that it is
evident that all persons to the south of the London
terminus or on the north of the York terminus, who
desire to travel or transmit goods in either direction,
have a clear interest in the formation of the shortest
through line, and that, for example, while it may be
for the convenienc . of persons residing at Peter-
borough, when they wish to travel or send goods to
London, that the main trunk should be brought
round by that town, it is equally clear that it is not
for their convenience that it should bend round by
Grantham, Newark, and Doncaster, when they wish
to travel or send goods to York, any more than it is
for the convenience of persons residing at Grantham,
Newark, or Doncaster to be carried round by Peter-
borough or any of the other towns, when they wish
to travel or send goods to London. In short, that
nothing but the direct principle (facilities for lateral
branches being always provided) resolves the question
of general aggregate convenience
It has been objected that the Direct Northern line
does not accommodate the same amount of local po-
pulation as the proposed London and York line. But
this objection is combated, and a reference to the
plans of the two Companies is challenged in support
of the assertion that such want of accommodation is
not to be established, various other matters being ad-
duced, in substantiation of the statement of the writers
to that effect.

. ,
To be viewed at the Queen's Warehouse, Custom-house, Thames.
street, at the East and West India, London, and St. Katherine
Docks, and at the Tobacco-ground, Itotherhithe, on Thursday 9th,
Friday 10th, and Saturday, 11th January, 1845, from Ten o'clock
in thy morning until Three o'clock in the afternoon ; and on the
days of Sale, from Tea o'clock in the morning until Twelve o'cloel
at noon.

W. Kelly and Co., 19 and 20, Old Boswell.court, Temple-bar
and all Booksellers in town and country.

THE PHYSIOLOGY OF THE PASSIONS.
" What passions hurt the body, what improve ;
Truths as refined as-Athens even heard."
' . .

Take notice, that the goods sold at this sale will not be delivered
until after Two clear days of the day they are sold, and that no
lots can be paid for at the office of the Receiver of Fines after
Two o'clock in the afternoon. During the days of sale, money
will not be. received by the Receiver of Fines after Eleven o'clock
in the forenoon.

Catalogues may be had at the Queen's Warehouse, Custom.
house, price One Shilling each.

SAMBRE and AIEUSE CENTRAL RAIL WAY
COMPANY.—An article has appeared In several newspapers
relative to the Sambre and Meuse Railway Central Line. The in-
clined planes of this Railway are lot three miles in length, although
au assertiJn has been hazarded that they exceed six miles, and their
gradients are such that locomotive power Will be used for traction
along the whole line.

Tlie only surveys made fora Railway in the districts of the Sambre
and Meuse, open for discussion in the Belgian Chambers, are that of
the western line and the central or direct line (Taylor's), upon which
this Company is based.

Further information may be obtained at the temporary offices of
the Company, 15, OH Jewry-chambers, London, from whence the
prospectuses and shares will be issued.

SAMBRE and MISUSE RAIL NV AY.—NOTICE
is HEREBY GIVEN to the public, that s RAILWAY is about
to be brought forward to traverse the highly interesting and valuable
mineral district between the Sambre and Meuse rivers, under a
guarantee of four per cent. from the Belgian Government, to be ap-
plied for in the present session. This line will possess many advan-
tages over the original line, adopting the Valley of the L'Eau d'Heure,
and be much superior to Taylor's (or the central line), as it avoids
the very objectionable gradients and inclined planes of six miles in
length, by which that line is embarrassed, and which has caused it
to be condemned for the purposeoflocal traffic, or as an international
passenger line, by all competent persons in Beigiuin
Further particulars will speedi,y be furnished when certain arrange-
ments have been made in Brussels and Paris, and the direction Is de-
flnit!vely formed.

NATIONAL LOAN FUND LIFE ASSURANCE SOCIETY
Cornhill, London, Dec. 28, 1844.
NOTICE i s hereby given that the HALF-
YEARLY INTEREST on the Subscribed Capital of this
Society, at the rate of Five per Cent. per annum, due on the Slat
instant, will become PAYABLE on the 10th January next, and
Proprietors may receive the same at this Office on that or any other
subsequent day, between the hours of Eleven and Three o'clock.
By Order of the Court of Directors,
F. FERGUSON CAMitOUX, Secretary.

NATIONAL LOAN FUND LIFE ASSUR-
ANCE SOCIETY,
26, CORNHILL, LONDON.
Capital .£600,000.
Empowered by Act of Parliameat.
DIVISION OF PROFITS.
The steady sacoeos and Increasing prosperity of the Soc.lety has
enabled the Directors, at the last annual investigation declare a
second Bonus, averaging 60 per cent. oa the amounts Inv en each
Policy effected on the Profit scale.
EXAMPLES.

The Fiftieth Thousand. Forty Engravings, price by post, 16. 6d.
ON CHASTITY—its Abuses and Diseases—On
Matrimonial Eligibility and Untltness—On Infelicitous and
Unproductive Unions—Curiosities of Medical Experience--Law o
Divorce, &c.

, •-, _ 12 5
I
': q. ,W ?...!4*
t' Premium. .4 I Bonus Banns in ic, R "I ta' rs
P 1 ? um' ad a :
ed. Cash. E 0
9 2'
------ --___
X X 11. d 4s.d.Xs.d.X.s i. X s. ds
1837 170 9 3 77 5 I 3 9 346 2 3
6011000 74 3 4 IEI3B 144 2 2 64 5 6 12
9 16 4 29i 13 4
1839 116 16 0 51 511 711 9 247 4 5

The division of profits is animal, and the next will be made in De-
,ember of the present year.
This institution offers many important and substantial advan-
tages with respect both to Life Assurances and Deferred Annuities.
The assured has,
pense or forfeiture of the Policy, two-thirds of the premium paid,
on all occasions, the power to borr)w, without ex-
(see table) ; also the option of selecting benefits, and the conversion
of his interests to meet other convenionces or necessity. Assurances
for terms of years are granted on the lowest possible rates.
F. FERGUSON CAMROUX, See.

LIFE ASSURANCE AND ANNUITY
SOIETY.
AUSTRALASIAN, COLONIAL, AND GENERAL LIFE
ASSURANCE and ANNUITY SOCIETY.
Capital 200,0001., in 2,000 Shares.
DutEcToßs.
Edward Barnard, Esq., F.R.S. Gideon Celquhonn, Esq.
Robert Brooks, Esq. Charles E. Mangles, Esq.
Henry Buckle, Esq. Richard Onslow, Esq.
John Henry Capper, Esq. William Walker, Esq.
SEcarrAair—Edward Ryley, Esq.
The following are specimens of the premiums charged by this Com-
pany for the assurance of 1001.

I 20 I ao I 4V 1 b 0 I 0

Ai. Prem. ► Li 10 3 ► £2 9 7 ► £2 15 3 ► £4 I * ► £6 3

This Conipan3 offers the advantages of the guarantee of an ample
subscribed capital--of permission to retain one-third. of the premium
is their own hands (the portal so retained, with interest npoa it,
being deducted front the policy when it become a clitini),--of ascend-
ing, descending, and other scales of premiums,—and of participation
in the profits at the end of every five years.
TO EMIGRANTS, TO THE AUSTRALASIAN COLONIES,
assured for the whole of life, this Company offer the permission to
proceed to, and reside in, any of those colonies without extra pre-
and to pay their premiums there. For residence la New
Zealand, a moderate extra premium is charged.
In Sydney, a Board of Directors, and Agents in all the principal
settlements—Bankers in the colony. The Bank of Aastralasia (in.
corperated by Royal Charter, 1835), No 2, Moorgate-street, London.
ANNUITIES.

Annuitants participate in the profits of the Company, and receive a
rate of annuity much more favourable than cau be granted by aay
Company making its investments wholly in England. The Company
is enabled securely to grant these favourable terms front the advan-
tage it possesses of investing a portion of its fluids at a high rate
of interest.

The general views of the Company are reduced to
the following propositions, and into the merits of
which inquiry is invited :
" 1. That an independent line between London
and York is required by the public, and will com-
mand a sufficient traffic to yield an ample return.
" 2. That the interests of a large proportion of the
population of England, and of the whole of Scotland,
require that the most direct line should be adopted.
" 3. That the Direct Northern not only satisfies
these conditions, by being the shortest line between
London and York, but it is preferable by the charac-
ter of its gradients, and its economical construction.
" 4. That the line being the shortest and cheapest
possible, passengers and goods may be carried by it
at a lower rate of charge than by any other.
" 5. That the primary object of shortening the
distance is attained by the Direct Northern, with due
regard to intermediate and local interests, and without
needlessly interfering with the traffic of existing lines.
" 6. That as a question of investment of capital, it
is essential that the most direct line should be taken
to prevent future competition, or expensive alterations
for the protection or improvement of the original line,
and that, consequently, none but direct lines can con-
stitute a permanent property."—Morning Post.

THE QUEEN AND THE ARTS.—In other ways be-
sides sitting for her portrait, the Queen affords employ-
ment for artists; and though the commissions do not ex-
tend much beyond drawings for the royal album or for pre-
sents, still even this moderate encouragement is beneficial
—even if the distinction of royal patronage be accounted
as a part of the remuneration. Nor is this con-
fined to artists of celebrity ; whenever talent worthy
of recognition is brought under the notice of the
Queen or the Prince, it is sure to be appreciated;
and .44 is not the price paid, but the countenance
shown, that is the most valuable part of royal patronage.
Instead of lavishing thousands upon one or two favoured
artists, the Queen distributes the sum she devotes to this
source of enj,yment among many, including some to
whom such honour is most valuable.—Spectator.
A REPENTANT DRUNKARD.--At the Thames Police.
court; yesterday, a respectable-ioolin.g mop, named
George Chapatis'', was ,IgaNed with htiviugleer} "dead
drunk" in the str,ets. lie seemed quite penitent, and
was so grateful to the. police for having taken care of
hina that he begged to put a sovereign into the poor-box.