The Sun.
London, England, 1845-09-22 00:00:00

'TRINID AD, RAII4NYA.Y -COMPANY.
(To be Established and incorporated by an Act of the Colonial

_ Legislalure.) -
Capital 300,000/., in 12,000 shares of 251. each.
Deposit, 21. 10s. per share.
PROVISIONAL COMMITTER.

[enry Barkly, Esq., M.P.

William Frederick'Burnley, Esq., Glasgow

, -
James Cavan, Esq., Park-crescent
John Constable, Esq., Lime-street-
Henry Davidson, Esq., Linte--xtreot,square
William' Eccles, Esq., Glasgow - • •
John Alexander Hankey, Esq., Brook-street
Thomson Haub*, jun., Esq.,
Mincing-lane
John Irving, Esq., M.P.
Michael M'Chlery, Esq., Finsbury-Circus
Alexander Macgregor, Esql, Chester-street "
CharlesMarryat, Esq., Laurence Pountney-lane

Philip William S. Miles, Esq.; M.P.-
James Milligan, Esq., Tokenhouse-yard
Andrew Ranken, Esq".' Glasgow
Sir John Rae Reid, Bart., M.P. • • • • - • •
Charles William Short, Esq., Laurence Pountney-lane
William Smith, Esq., Glasgow
Thomas Wilson, Esq.; Dublin
(With power to add' o their number.) •
BANKERS—Sir Charles. Price, Bart., Marryat, and Price.
SOLICITORS—Messrs. Tilson and Squance, Coleman-street.

This Company is •formed to supply the valuable island of Trinidad
with the advantages of railway communication.
'No part of the Britiih dominions aPpears to present greater natural
facilities for their construction, or to afford a better prospect of return
for the capital required to be invested:
From the time that the island was ceded to the British Crown, at
the peace of -Amiens, it steadily. advanced until the abolition of
slavery, when it sustained a severe check, in common with the other
colonies, though its production was not diminished in the same pro-
portion. ' The fertility of its soil, and the high wages of labour, have
since that period attracted emigrants from all parts, and especially
from the other West India Islands---so that cultivation has been
gradually restored, as will be seen by the official statement of exports.
And, according. to the census lately taken, the population appears to
have increased in the same period fifty per cent.
As the arrangements now made for encouraging Immigration pro-
mise to bring a large accession of labour into the colony, so there is
every probability that its production will be progressively aug-
mented. It may be doubled without any addition to the existing
establishments: and it is capable of indefinite extension, there being
still in the possession of the Crown upwards of a million of acres of
the finest virgin land within the tropics. With the increase of popu-
lation, and the prosperity of agriculture, there would of course he a
corresponding Increase of traffic. • . .

„
In forming a system of railway communications which will suit the
present condition ofTrinidad, and which will yield an immediate re-
turn, it is, therefore, desirable to contemplate their gradual extension
with the advancement of the colony.
An outline of such a plan has been submitted to the Secretary of
State for the Colonies ; and, although no conclusive arrangement can
be made without the assent of the Legislative Council of the island,
Lord Stanley has intimated that "he is willing to give every en-
couragement he can to the proposed undertaking, consistently with
his duty of watching over the interests of the colony, and that he
will recommend the subject to the favourable consideration of the
Local Government."

Under this recommendation it is expected that a great part of the
land, as well as all the timber, which may be required for the con-
struction of the railways, and the works connected therewith, will be
obtained gratuitously from the Crown ; and it Is also confidently be-
lieved that individual proprietors will in like manner grant the land
for the lines that may intersect their estates. The precise course of
these lines will depend, in some degree, upon this encouragement.
It is further anticipated that liberal grants of Crown lands, contiguous
to the railways, will be made in. connexion with their progressiye
extension. . .

These concessions, while justly merle in consideration of important
public advantages, will be of great viklue to the Company, both im-
mediately and prospectively.
As the Company will be able to conduct the transport of produce,
and the conveyance of passengers, at one-third, or even one-fourth,
of the present expense (which appears to be from three to four
shillings per ton per mile), with the additional. advantage of cer-
tainty at all seasons, and protection from waste and plunder, there
can be no doubt that their railways will command the whole of the
existing traffic in the districts which they are to traverse, as well as
any increaSe•which may arise. •
It appears that a single line, with passing places, sufficient to ac-
commodate four-fifths of the cultivated parts of the colony, may be
constructed for the amount of capital now proposed ; and upon a
careful examination of the probable revenue, the Provisional Com-
mittee are satisfied that it will yield a large return.
It is proposed that thd Engineer of the company shall proceed
forthwith to Trinidad, accompanied by an adequate number of Sur-
veyors, for the purpose of surveying the intended lines; and that no
plan shall be finally adopted until he makes a detailed report. He
will be put in. communication with an influential and intelligent
Committee in the colony, who will afford the most cordial co-opera.
Hon and support.
. .

Provision will be made in the Act constituting the Company for
limiting the responsibility of the Shareholders to the amount of their
respective subscriptions. _ . _

Applications for shares, in the form annexed, and for copies of the
prospectus and relative map, to be addressed to the Provisional Com-
mittee, at the West India Chambers, Old Jewry, on or before Monday,
the 6th of Ociober.
Copies of the prospectus may also be obtained from Mr. Matthew
Wotherspoon; in Liverpool ; and Messrs. Dennistoun and Jardine, in
Glasgow.

West India. Committee-Rooms, London, 17th Sept., 1845.

GENERAL ESTIMATE OF REVENUE.

TONI.

25,000 Hogsheads of Sugar, being the exports of the
present year, equal tp ........ . ... .......... 21,250
Deduct one-fifth

17,000
Conveyed on an average 8 miles at Is. per ton per mile • • • •
Molasses and Rum equal to one-half of the Sugar
Three millions of lbs. of Cocoa equal to
Conveyed 10 miles. at Is. per ton per mile •••••• • • • • • •
Coffee ..
Coals, 5,000 tons conveyed 8 miles at 9d. per ton per mile • •
Other supplies for estates equal (with the Coals) to
the weight of the Sugar ..• • • • • • . 12,000
Conveyed 8 miles at Is. per ton per mi1e...... ..... • •
Dry goods and other supplies for general consumption ......

Amount of existing traffic irrespective of increase £20,790
PASSENGERS.
Tlie population being 60,000, it is estimated that at present
passengers equal to cue-third, of that number make five
journeys or ten trips per annum over fifteen miles :-
20,000 k 10 k 3,000,000 At 2d. per
mils ....... ...... . . .
And supposing this traffic to increase 50 per
cent
• • ..... .. • • . • • • •