The Sun.
London, England, 1845-09-08 00:00:00

BANIEIII

Messrs. Masterman and Co., London
Messrs. Williams, Hodge, and Co., Truro and Camborne
DISTRICT BANLERS.

Messrs. Sanders and Co., Exeter
Messrs, Milford, Snow, and Co., Exeter
West of England and SoUth Wales District Bank, Exeter
The Devon and Cornwall Bank, Exeter
The National Provincial Bank of England, Exeter
Naval Bank, Plymouth
Messrs. Hodge and Norman, Devonport
Messrs. Gill and Rundle, Tavistock
The Barnstaple Bank, Barnstaple
The Agricultural and Commercial Bank, Torrington
The Devon and Cornwall Bank, Launceston
Messrs. Gill and Rundle, Launceston
Messrs. Robins, Foster, and Co., Launceston
Messrs. Batten, Carne, and Marrack, Penzance
Messrs. Bollthos, Sons, and Co., Penzance.

PROSPECTUS.

The Bill for making a Railway from Plymouth to Falmouth, and
Bill, having been both' rejected by Par-
t'. ihaernWe nets, and the projected South Devon Railway from Exeter to
Plymouth pursuing only a winding and precarious course along the
margin of the Southern Channel, the great area of Devonshire west
of Exeter, and the whole of the county of Cornwall, are now desti-
tute of railway accommodation.
The object of the present undertaking is to provide an efficient sys-
tem of railway communication for the whole of this Western Penin-
sula ; and as the waste of capital and time, involved in the circuitous
route by Bristol, is greatly corpplained of, the leading and indispens-
able feature of the project will be to obtain the most direct, punctual,
and economical line between London, Falmouth, and Penzance. As
tielosr,aalreadyd ando Exeter" Companies. It was this
in the hands of the " London
n, Salisbury, and Yeovil Junction,"
which the Committee of the House of Lords,
in
nanner
ddnt
the
South-Western,"
oa
ihwEuetLxhi.lei_tntysweeera:,:twsvitdtheelasr, that project p:oerrtrrodhejs,heee cet,
Dorchester,
Railwayin,
RthaellywsapyeaCkaolafpianatyhet4ir report " as the line which
in the late session, obliged
derewessthtesirnehof the country require, and which must eventually
pledge themselves not to
the
hhp
cep
obGseers et; a
tat
nnWt
be carried direct to Falmouth, the most westerly port in the
Channel."
Under these auspices, and with this strong ezpressioa from the
Legislature, it may be considered that a continuous line of railway,
from London, through Salisbury, to Yeovil and Exeter, no less than
thirty miles shorter than the devious course of the Great Western
Railway, is already morally secured. In order, therefore, to com-
plete this great national project thus suggested by the House of
Lords, it remains only to extend this direct Exeter line, without
change of gauge or terminus, direct to Falmouth and Penzance.
The saving in actual distance thus effected, between London and
Falmouth, as compared with the Great Western and its extensions,
amounts to more than fifty miles; whilst the time also saved by
avoiding the passage of the Hamoaze, to say nothing of all other
ual to a saving of fifteen or twenty
Bearing in mind, therefore, the geographical position of Falmouth
dgmulftlireczumlbetioeforserie.nvroalvrleidaminentht,ataspreoqjeet, was estimated, in the recent in-
and Penzance, especially the great advantages of the former, as the
most Westernly station for our naval and packet service, and as af-
fording a most secure harbour of ieflige in the event of war; and re-
membering, too, that this must eventually become the highway to
the Mediterranean, the East and West Indies, and America, the im-
portance to the Admiralty and Lloyd's, of such a direct railway, with
a continuous and efficient electric telegraph, can hardly be over-rated.
The central district from Exeter, westward, has been recently re-
surveyed, and has been found to afford a main trunk line, with good
locomotive gradients, attainable without engineering difficulties, and
at a reasonable expense ; the general course being near or through
Crediton, Bow, Hatherleigh, North Tawton, Okehampton, Launces-
ton, Camelford, Bodmin, St. Columb, St. Austell, (by means of a
branch,) Truro, and Penryn, to Falmouth ;—at Truro, an extension
diverge to Chacewater, Redruth,
bwrainlich to SL Ives,) Maranon, and Pen-
This extension runs for more than 30 miles through the most popu-
lous and flourishing part of Cornwall; and the Tables of the recently
rejectly West Cornwall Bill showed an existing traffic, through that
district, of 101. per cent. after deducting working expenses. But as
the constructing and working this line by a separate company would
be productive of unnecessary expense and inconvenience to the public,
the line to Penzance, as well as to Falmouth, will form an integral
portion of the main work under one and the same management.
From Trviro, eastward, the main line will pass several important
mines; and near Bodmin will throw out a branch through the China
clay district to St. Austell, and its populous mining neighbourhood.
_x. construction
Whim a connexion with the already constructed railway from Bod-

min to Wadebridge, will open, through the port of Padstow, the best
communication between Cork, the south of Ireland, and London.
Advancing farther, an opportunity will occur ef establishing a traffic
with the well-known Delabole Slate Quarries on the one hand, and the
flourishing Caradon Mines on the other ; whilst the sand supplied by
the Bude Canal, and the lime which aboands in the neighbourhood
ef Launceston, will form the subject ef most considerable transport
into the highly improvable agricultural districts westward and east-
ward.
Passing onward into Devonshire, a branch will be thrown out from
the main line to the port of Bideford, this opening, for the mineral
produce of Wales, a market in Central Devon and Cornwall, which
are destitute of coal ; and another branch will diverge southward by
Tavistock to Plymouth, thus affording the most direct communica-
tion between those towns and Exeter. This branch being also
accessible from Launceston will open for the north and West of Corn-
wall, and for Falmouth, a line to Plymouth, in point of time, shorter
than the lately projected line across the Hamoaze from Plymouth to
Falmouth. Should the traffic, nevertheless, be found to justify an-
other branch from a point near Bodmin, through Liskeard, to Ply-
mouth, such a branch may and will be constructed.
Arriving within foutteen miles of Exeter, the main line will be
joined from the north by a direct line from Ilfracombe and Barn-
staple to Exeter, and about seven miles fhrther on by the Dartmouth,
Brixham, Torbay, and Exeter line, an amalgamation of which two
lines is now under consideration, thus affording to these two friendly
companies a direct communication from north to south, from the
Bristol to the English Channel, and carrying their traffic on one com-
mon trunk, on to one common terminus, with the Yeovil line at

Exeter.
The inspection of a map will better show the importance of this
comprehensive scheme, which overspreads the surface of Devon and
The supply and demand created by
amounting to more than 600000,,
Cornwall, and leaves little to be desired to give full value and effect
to objects of such importance.
this large area,—its population,
gumption of Coal, Manure, —its Ports, situate on both Chan-
nels,-its Fisheries, Mining, Commercial, and Agricultural advan-
tages,—its exports of Corn, Wool, and Cattle,—its probable con-
and general supplies,—were] fully
gone into in the recent inquiry before the House of Lords, and forcibly
require Increased facilities, and diminished cost of transport. The
general evidence, also, given in that House, showed a good remune-
rative existing traffic, without any such increase as may reasonably
be expected from a well-digested system of Branches; and when the
further increase in passenger and general traffic, east and west, is
t:ken into consideration, which must necessarily arise from bringing
Falmouth, its harbour and foreign relations, and Penzance, with its
much-sought climate and early markets, so much nearer to the Me-
tropolis, and the northern and eastern parts of England than can
possibly be accomplished by any other devisable railway communi-
cation; and when it is also borne in mind, that from the Peninsular
form of the county of Cornwall, this line, when established, can have
no competitor, it is not too much to assert that this project offers a
very eligible opportunity for the investment of capital.
The strong feeling in favour of a central line, evinced by public
meetings and petitions from every part of the county of Cornwall
and West Devon ; the support of Noblemen, Magistrates, Merchants,
Mine-owners, and Agriculturists, in the recent struggle : the numerous
and strong assurances of support already received from the landowners
and general interests along the line ;
and the hearty concurrence
and co-operation of the Associated Companies, the names of whose
members appear in the; Provisional Committee, leave no doubt
of the successful issue of the application which will be made to Par-
liament in the next session.
The Act to be applied for will contain the usual clauses for limiting
the liabilities of Shareholders to the amount of their subscriptions,
and for allowing interest at 41. per Cent. per annum, on all Calls,
from the time of payment until the opening of the line.
The Provisional Committee reserve ;to themselves the power of
nuking such alterations in the Main Lille, or Brancheo, wig an Of

;, wil

NORTHERN LINE of FRA.?.
BRANCHES.
DECCAN—LEBEUF'S COMPANY,
The Provisional Committee beg to acquaint the Shareholders, that
they have entered Into an arrangement with the Company formed
under the Messrs. Rothschild, to tender for this Line, by which the
Shareholders of-Deccan-Lebeurs Company will be entitled to Shares
in the Messrs. Rothschild's Company, in the proportion of one for
every ten- held in this Company, and that there Is no distinction
between the Shares of the main line and the two branches. All are
alike entitled to the same proportion. And upon the presentation at
this office on and after the 12th instant of the Banker's receipts of
Lebeufs Company, or of the counterpart of the reciprocal engage-
ments, a certificate will be given in exchange thereof for the number
of Rothschild's shares to which they will be entitled, together with
thirteen-twentieths of the deposit-money paid on Deccan-Lebeurs
shares, the remaining seven twentieth's having been lodged with
Messrs. Rothschilds, being a deposit of £5 required by that Com-
pany, and a further payment of £2, to meet the first call after the
adjudication, In all £7 per share.
By Order of the Committee,
7, Tokenhouse-yard, London, E. FILDER, Secretary.
GM September, 1545.

Offices, No. 4, Charlotte-row, Mansion House.
JAMAICA.-PILBROW'S ATMOSPHERIC
RAILWAY, FROM MILK RIVER TO MONTEGO BAY,
WESTERNLY.

This Railway, taking its gradation upon ground that has hitherto
not been taken up by any projecting company, will, if those at pre-
sent contemplated be carried into effect, complete the circuit of the
island of Jamaica, and will form a most valuable addition to those
about to be carried out.

Proir,iectuses with full particulars will be Issued in a few days, in
the mean time any information may be obtained by applying to
JAMES WARD, fiecretary.