The Sun.
London, England, 1842-08-13 00:00:00

ADVERTISEMENTS INSERTED in ALL THE THREE PAPERS, Morning, .Noon, and Aright, thereby insuring a TOWN and COUNTRY CIRCULATrON, at ONE CHARGE.

NATIONAL LOAN FUND LIFE ASSUR-
ANCE SOCIETY,

FOR n RANTING
LIFE ASSURANCES, DEFERRED ANNUITIES, &c.
No. 26, CORNHILL.
Capital £boo,ooo.
Empowered by Special Act of Parliament.
DIRECTORS.
T. LAMIE MURRAY,Esq., Chairman.

J. P. R. S. 1 John Rawson, Esq.
John Griffith Frith, Esq. 1 John Riddle Stodart, Esq.
Hunter Gordon, Esq. 1 Clement Tabor, Esq.
George Ltnagiey, Esq.. 1 Joseph Thompson, Esq.

EUROPEAN LIFE INSURANCE COM-
PANY.

No. 10, Chatham-place, Blackfriars, London.
Established January, 1819.
PRESIDENT—Sir JAMES RIVETT CARNAC, part.
VICK.PRESIDENT.—GEORGE FORBES, Esq., 9, Fitzroy-
square. With Twelve Directors.
Facilities are offered by this long-established Society to suit
the views and the means of every class of insurers. Premiums
are received yearly, half-yearly, or quarterly—or upon an in-
creasing or decreasing I,oe. As insurance of 100/. may te
effected on the ascending scale by an annual premium for the
first five years of 11. 9s. at the
,age of 25, 1/. 12s. 6d. at 30,
11. 17s. at 35, 21. 2s. sd. at 40, and 2/. 9s. 6d. at 45, or one-
half only of the usual rate, with interest on the remainder, will
be received for five or seven years. the other half to be paid at
the convenience of the assured. 'f he insured for life partici-
pate septennially in the profits realised.
A liberal commission is allowed to solicitors and agents.
DAVID FOGGO, Sec.
N.B.—Agents are wanted in towns where none have been
yet appointed.

GUARDIAN FIRE AND LIFE AS-
SURANCE COMPANY,
No. 11, Lombard-street., at the Entrance of the Old Post Office,

London.
DIRECTORS.
JOHN W. BUCKLE, Esq., Chairman.
JAMES MORRIS, Esq., Deputy Chairman.
Penry Hulse Berens, Esq. John Loch, Esq.
John Dixon, Esq. Lewis Loyd, jun., Esq.
'Francis Hart Dyke, Esq. George Lyall, Esq. M.P.
Sir Walter R. Farquhar, Bart. S. Alarjoribanks, Esq. M.P.
Ralph Fenwick, Esq. John Martin, Esq., M.P.
Thomson Hankey, Jun., Esq. Robert Mitford, Esq.
John Harvey, hsq. Henry R. Reynolds, jun., Esq.
George Johnstone, Esq. John Thornton, Esq.
John Labouchere, Esq. James Tulloch, Esq.
AUDITORS.
A. W. Rubarts, Esq. I Henry Sykes Thornton, Esq.
Samuel Jones Loyd, Esq. I George Stone, Esq.
A r-r r A ICY— Gri filth Davies, Esq., F. R. S.
In the LIFE DEPARTMENT, a Bonus was declared in June,
1829, exceeding One per Cent, per Annum on the Sums in-
sured, en an average of the different Ages; and a second Bonus
of nearly similar amount was declared in June, 1836. At each
period the Bonuses allotted to the different Policies averaged
rather more than 28 per Cent. on the amounts of Premiums
paid thereon during the preceding seven years.
FIRE DEPARTMENT.—Notice is hereby given, that Assu-
rances which expire at Mivhaelmas must be renewed with-
in fifteen days at this office, or with Mr. Sams, NO. 1, St.
James's-street, corner of Pall-mall, or with the Company's
agents throughout-the kingdom, otherwise they become void.
GEORGE KEYS, Secretary.

UNITED KINGDOM LIFE ASSURANCE
COMPANY,
8, Waterloo-place, Pall-mall, London.
DIVISION OF PROFITS AMONG THE ASSURED.
HONORARY PRESIDENTS.
Earl of Errol Earl of Stair
Earl of Courtown Earl Somers
Earl Leven and Melville Lord Viscount Falkland
Earl of Norbury Lord Elphinstone
Lord Belhaven and Stenton
DIRECTORS.
JAMES STUART, Esq., Chairman.
H. DE CASTRO, Esq., Deputy Chairman.
Samuel Anderson, Esq. Charles Dowries, Esq.
Hamilton Blair Avarne, Charles Graham, Esq.
Esq. F. C. Maitland,
Edw. Boyd, Esq., Resident William Railton, Esq.
E. Lennox Boyd, Esq., As- John Ritchie, Esq.
sistant Resident F. H. Thomson, Esq.
SECRETARY.—Patrick Macintyre, Esq.
, This Company, established by Act of Parliament, affords
the most perfect security in an ample paid-up Capital, and in
the great success which has attended it, since its commence-
ment in l8:34.
In 1541 the Company declared an addition to the Share-
holders of one-half of their Stock, and also added 21. per
Cent. per Annum, from the date of the policies to those par-
ties who had insured with Profits.
The Premiums nevertheless are on the most moderato scale,
and only a moiety need be paid for the first five years, where the
Insurance is for life.
The amount of bonus added to policies since the commence-
ment of the Company in March 1834, to the 31st December
1840, is as follows :
Sum Assured. Time Assured. Sums added to Policy.
£l,OOO 6 Years! 10 Months £136 13 4
1,000 4 Years 6O 0 0
1,000 3 Years 6O 0 0
1,000 1 Year
Every information will be afforded on application to the
Resident Directors, Edward Boyd, Esq., and E. Lennox Boyd,
Esq., of No. 8, Waterloo. place, Pall-mall, London.
Frederick Hale Thomson, Esq., Surgeon, 48, Berners-street,
attends at the Office daily, about Half-past Two o'clock.

-WESTERN LIFE ASSURANCE SOCIETY
Office-49, Parliament-street, Westminster.
Capital 500,0001; 10,000 Shares, 501. each.
Deposit Si. each Share.
This Society is established for the Assurance of Lives, upon
principles combining economy with perfect security.
DIRECTORS.
H. Edgeworth Bicknell, Esq., 28, Upper Bedford-place.
William Cabell, Esq., Newington-place, Surrey.
Thomas Somers Cocks, jun., Esq.,, Charing Cross.
George Henry Drew, Esq., Permondsey.
William Evans, Esq., Millbank.
William Freeman, Esq., Millbank-street.
Francis Fuller, Esq., Poultry, London ani Croydon.
James Hunt, Esq., Whitehall.
John Arscott Lethbridge, Esq., Greenwich hospital.
Edmund Lucas, Esq., Milbank-street.
George Kennet Pollock, Esq., Great George-street, West-
minster.
James Lys Seager, Esq., Milbank.
John Barley White, Esq., 4lillbank-atreet, and Swanscombe.
Joseph Carter Wood, Esq., Artillery Place, Westminster,
Henry Wrench, Esq., King William-street, London Bridge.
TRUSTEES.
William Whateley, Esq. I L. C. Humfrey, Esq.
George Drew, Esq.
AUDITORS.
Ormus Biddulph, Esq. I John Freeman, Esq.
John Bailey White, jun., Esq.
CONSULTING COTT NSEL—William Page Wood, Esq.
CON vEvaNcING COUNSEL— Samuel Jay, Esq.
PHYSICIAN—WiIIiam Richard Basham, Esq., 111. D., 17,
Chester-street, Grosvenor-place.
SURGEONS—AIfred Leggatt, Esq.; George D. Pollock, Esq.
BA NEERs —Messrs. Cocks, Biddulph, and Co., Charing-cross.
SOLICITORS—Messrs. J. L. Bicknell and J. C. Lethbridge,
25, Abingdon-street, Westminster.
TABLE OF PREMIUMS TO ASSURE £lOO FOR THE WHOLE
TERM OF LIFE.
Age. lAnnual Prem.' Age. Annual Prem.l Age. lAnn.Prem.

ge. lAnnual Prem.l Age. Annual Prem. Age. 1 Ann.Prem
20 RI 14 2 35 £2 11 0 50 £4 3 3
25 116 11 40 219 6 55 55 4
30 24 8 I 45 , 39 1 60 615 3

The object of this Society is to afford to the AFsured all the
benefits of Life-Assuranee, at a great reduction in the rates
of Premium.

FOR EXAMPLE.
A person aged 30, may with this Society assure his life for
5001., by the annual payment of 111. 3s. 4d., which in a Society
where the Bonus is held out as a main inducement, would cost
him 13/. 7s. 4d., or, in other words, for the same annual pre-
mium he could at this Office assure very nearly 600/., whereby
he derives AN IMMEDIATE AND CERTAIN BONUS
OF 1001.
All particulars as to Shares, Loans, Assurances, &c. may be
obtained on application to the Secretary ; and, if required,
forwarded to the country.
Parties in the country eligible for undertaking Agencies are
requested to apply.
A very liberal Commission allowed to Solicitors End Agents.
EDW. T. RICHARDSON, Actuary and Sec.

pERI; ING'S PATENT LIGHT VENTI-
LATING HATS, 215., are the best Hats ever offered
to public notice, wearing out two of the ordinary-made ones.
Retaining their shape and colour, short in the nap, allowing the
egress of perspiration, preventing head-ache and determination
of blood thereto. In a variety of shapes to suit contour.
BEST VELVET HATS, 18s. ; second qualities, I3s. Ser-
vants' BEST LIVERY HATS, 16s. Ladies' Ridi g
n Hats
12s. to '2ls. ; best Gossamer Hats, 6s. 6d; good Beaver Hats,
14s. to 16::. 6d. ; Horse-hair, Velvet, Cloth, and Fur Caps of
every description for Youths and Gentlemen.
Cecil House, 85, Strand, and 251, Regent-street. Copy
the address.

ATENT PER RY lAN Glt AX
INKSTAND, as cheap as the common inkstand.—
This novel invention is exceedingly well adapted for general
use. The Patentees strongly recommend it to the notice of
Bankers, Merchants, Solicitois, Government Offices, Public
Companies. Schools, &c , as a great improvement over the or-
dinary inkstands. It is formed by a cylinder with a gravitating
action, by which means the dipping cep is supplied with clear
ink at any moment, and, with equal ease, may be returned into
the cylinder, PATENT ere it is prPERRYI ANotected from dust
PENS or injury.
P.
PRICES RENDERED ACCESSIBLE TO ALL WRITERS.
DOUBLE PATENT PENS No. 2.
RAVEN BLACK PENS No. 2.
BRONZE PENS. ........ No. 2.
Sold in Cases, containing Quarter Hundred with Holder, by
all Stationers and Dea era in Metallic Pens, and at the 'Vann-
la.:tory, 37, Re :t Lion square, London.
N.B.—All the other sorts of the Perryian:Pens at the usual
prices.

To the HONEST ELECTORS of IPSWICH.
ELECTORS!

The Whig Committee hare passed judgment on the Tories,
whom you elected to be your Representaiives.
The pure and modest Whip, who petitioned against tile'
Tories, for having been guilty of bribery and treating, have
not dared to claim the seats.

It is known to every man in Ipswich that the Whigs com-
mitted the same sort of crimes which have displacedthe Tories;
and it is publicly stated that the Whigs were more generous in
scattering their favours than the Tories.
Perhaps
,yon will have another Election : if so, you will want
a pair of Candidates.
The Lawyers, Agents, and all the other parties, who have an
interest in selling or bartering you, are now looking out for a
pair of Whigs
.and also a pair of Tories. The Lawyers or
Agents of Tories and Whigs wilt promise your votes, and as
eating and drinking are now admitted to be illegal, you cannot
lie bought in this way.
The cunning slave dealers will find out some other way to
purchase all who are willing to sell their birthright. It is
just possible that it will be done at the next election with hard
money and flimsy promises. -
Now, the difficulty with the Lawyers and Agents will be, to
find a brace of 'Tories who will speculate.
Whigs and Whiggery are at an end ; there are not two men
to be found in the United Kingdom, who possess common
sense, who will dare to acknowledge themselves Whigs of the
present race of Whigs. It must be old Whigs with new
skins. Perhaps they.may fight under the name of Liberals,
which is the last edition of Whiggery.
New, Electors ! Whigs and 'Tories you are at last placed
in a dilemma. Your old rotten machinery is broken up and
Can do no more work, that is, profitable work; and like other
men of business, when business is unprofitable, they give it up,
and retire on what they have got. Now, my advice to you is,
look out for a true Peelite. I offer myself as a bona fide
Radical, and jf the Peelitexjll,,stand AU try princirin t*avirs;
Lot to spend 44ursingle penny (except for the hustings), you
may then redeem Ipswich. If you fail to do this, this will
be the last election for Ipswich, which must be placed in
Schedule A.

Peel's Government can only be sustair ed by the Electors of
the United Kingdom, electing Members who will enable him to
carry out. great measures, beneficial to the people.
The Old Tories and the base Whigs will, within three
years, enter into a coalition to turn Peel out, as they have
often coalesced since 17.73. For instance ;—_

I.—Fox, the Whig, coalesced with Lord North, the Tory, in
the above-mentioned year.
2.—The Whigs and Tories coalesced in 1793 to crush the
people, who remonstrated against that most unjust and most
wicked war, which has put 800,000,0001. of debt, upon the
shoulders of John Bull.
3.—Fox, and_Charles Grey, who now boasts of his order as
:a Lord, both Whigs' coalesced with Lord Grenville. the Tory,
in 1806, and worked under the name of " All the Talents," to
oppress the people.
4 —The Whigs and the Tories coalesced in 1837 to pass
that accursed Bill, the New Poor-law. Bill; and they coalesced
in 1842 to pass that equally accursed Act—the Poor-law
Amendment Act. _ . .

And the Whigs and the Tories ever will coalesce when the
rights of the people are to be sacrificed for the continuance of
their plundering exactions, or the support of their extravagant
power.
Peel has done, in six months, what the Whigs ought to have
done ten years since, if they had not been what they are—the most
selfish. base, cruel, and mercenary crew that ever existed in
England. Peel's Tariff has brought down the price of ham.:
to 6d., beef and pork to 4d. a pound, and the price of bread
will be reduced to 6d. a lo f before Christmas.

Had it not been for the opposition of the base Whigs, this
would have taken place three months sooner.
My ambition to be in the most corrupt House in the world, is
to support Peel in all his measures that are for the good of the
people, ono to hold up to scorn and indignation the base fac-
tion whose daily work is to obstruct—that is the faction who
may be justly called Obstructives.
I shall be with you in due time. , •
I am, Electors, your obedient servant,
15, Fenchurch-street, ' JOHN NICHOLSON.

August 5.
N.B. It is just possible that the Whigs and Tories may unite,
and give you one of each party, and thus divide the spoil, that
is, make a compromise, in the same way that was done by that
imperial Whig, Sir ohn Cam, and Mr. Walter, fc.r Not-
tingham.
If it will not be bribery, I will, after the election, give a
public dejune a la fourchette—that is a public breakfast—of
Tea, Coffee, Peel's Hams, English, Roa ,t and Boiled Beef, to
the wives and children of all the honest electors.
The Whigs may make their voters drunk, as was done at the
last election,

Saturday Evening, Six o'.Clock.
P. S. The base Whigs of Nottingham have joined the Tories.
It is said chat Joseph Sturge has been defeated by the com-
bination o f the Dissenters with the old rotten Corporation.
'I he names of these base Whigs who have sold themselves
shall be published for the benefit of the rising generation, and.
circulated through every rotten borough in the kingdom.
I have just been informed that a gentleman of great talent,
and well known in Ipswich, will be a Peel candidate, and wil
no doubt receive the zealous support of every honest Tory.
Whigs and Whiggery have received their death-blow at Not-
tingham.
Sir John Cam, once a professed Radical, and a notorious
mob orator, whose name will be handed to posterity, will never
dare to show his face in Nottingham again—in three years the
race will be extinct.

-F 1S 11 ESTABLISHMENT, 159, CHEAPSIDE,
adjoining the Post-office.
JOHN S. SWEETING, Fish and Oyster Merchant, Lad-
lane, Milk-street, takes this opportunity to inform his nume-
rous. Friends and the Public, that, in consequence of the City
alterations, he will REMOVE his-BUSINESS in September.
He respectfully thanks them for the extrao-dinary patronage he
hos received, and begs to state that it is his determination to
continue the trade upon the plan he first introduced, vis.—the
best articles at a small profit for cash.
N.B. An Oyster-room will be provided for Gentlemen.

THE GREAT LINEN-DRAPERY SALE.
Messrs. HOLMES and MADDOX of Watling-street,
the Proprietors of several Retail Shops which they have lately
discontinued, have, in consequence of the rapid Sale made by
Mr. FOSTER (the Accountant) of their Stock on the pre-
mises, Corner of FLEET-STREET and FARRIN GDON-
STREET, further arranged with that gentleman, for the SALE
of their WHOLESALE STOCK through his hands, at such a
reduction in price to enable him to convert it in a short time
into money, and bring the affairs of the establishment to a
close.
Mr. FOSTER having been written to by other parties request-
ing hisassistance to dispose of stocks, begs to disclaim any inten-
tion of connecting with his present business generally the sell-
ing of drapery stocks, and would not have undertaken these
sales had he not felt satisfied, from a long professional employ-
ment by this house, that the sale was genuine, and that every
article would bear the test of wear, and fully answer the de-
scription given in this advertisement, or at the time of sale. To
give some idea of the enormous reduction, the following state-
ment will suffice : s. d.
1,430 Pieces of long cloths, Horrock's No. 2. M. T.
and No. 9, mostly sold from 6d. to Bd. per yard, will
be sold by the piece only, 40 yards for l5 0
4 Bales of expensive quilts, original value from 18s. to
275., will all be sold at one price, namely
Counterpanes, marked to be sold to the trade at 6s. 6d.,
will be each ...
5 Boxes, rich cambric handkerchiefs, tine qualities, being
from Is. 9d. to 2s. each, will be by the dozen at 9 6
A lot of lawn handkerchiels, worth 9d. and Is. each, will
6
be, the dozen
About 600 pieces of stout Coleraine linens. original value •
Is. 3d. per yard, will be sold 26 )ands for... lB 0
14 Boxes of Irish linens, being Knox's and Pollocks'
No. 31 to 37 averaged, they will reduce from 2ld. and
2s. per yard (the original price), to the piece of i 6
27 b
yards for
A single Box of Riehardson's yard wide Culeraines, the
lowest numbers being marked 3s. 3d. per yard, will
be sold 25 yards for 50 0
Linen sheetings will be sold in the length only, as marked.
A lot at these prices. s. d.
Lot 1. 63 pieces of all linen, double width, the pair 4 6
Lot 2. 98 pieces of superior Barnsley, 3 yards wide, the
10 6
pair
Lot 3. 70 pieces of 60 yards each, not to be cut, will be
at the rate of (being curiously fine) the pair l7 6
The table linen requires particular mention. The difficulty
in finding a sale at the present time fur such really expensive
and valuable goods, being the principal cause of the discontinu-
ing the trade by this house.
Amongst this important part of the stock are more than
3,000 cloths, varying from three to seven yards long, many that
cost even up to twelve guineas each ; the prices on this part of
the stock will be unprecedented. Some superb cloths, three
yards long of the richest double damask, will be reduced from
355. to 83. 6d., and those live yards long, with emblematic de-
signs, such as coronets, royal arms, &c.. will be sold l.'s. at.d
505., intended originally to realise ten guineas ; and 4,000 good
breakfast and small dinner cloths, many as low as 2s. 6,1. each,
two yards square ; dinner napkins that originally cost 20s. tha
dozen, are reduced to Os. 9d.
The Carpet Stock is likewise on sale, in amount, as per valua-
tion, 4,3t)01., comprising more than 700 pieces, on which a
reduction such as to ensure an immediate sale has been made.
Some good Brussels will be reduced to 2s. 2d, and 2s. 6d. a
yard, and the most superb qualities 3s. 3d. Several lots i I
yard wide Kidderminster, excellent qualities, ls. 4d. and 15.6,1.
Persons in the trade are informed that separate departments
are opened, that they may not be recognised by the retail pur-
chaser, and the only possible alteration that can be made in
price will be a discount of 5 per cent. when the parcel ex-
ceeds 1001.
This immense and important sale is now on to private fami-
lies, foreigners, and shippers, at the corner of Fleet-street and
Farringdon-street, bottom of Ludgate.hill.
Omnibuses pass from all parts of the town every minute in
the day. Carriages will find Farringdon-street a convenient
place to stand.

2 6

Ivy LEAF.
rEIHE singular and well-known efficacy of the WY
3L LEAF' in removing CORNS, has induced the Pro-
prietor to offer to the public notice his Concentrated Prepara-
tion of the same, as the most certain and convenient applica-
tion for eradicating these icost troublesome of all excrescent es
to which the human frame is subject.
Prepared by W. Field, No. 27, Queen's-buildings, Brompton.
And sold by Sanger, 150, Oxford-street ; Prout, 226, Strand ;
Edwards, 67, St. Paul's Churchyard ; Stradling, Royal Ex-
change ' • Johnston, 68, Cornhill ; Batten, Clapham-common ;
Lloyd, Richmond; Hopwood, Richmond; H. Suffield, 42,
New-street, Birmingham ; Messrs. Wyley and Brown, Co-
ventry • J. Brookhouse, 76, Western-load, Brighton ; Charles
Hay, Leeds; &c., &c.—ln Bottles, is. lid. and 2s. 9d. each.

A MAN OF LETTERS.—It is worthy of notice that
the letter carrier in a village not one mile from Great
Ilo►ton, is not able to read,
Common sense this simple truth must show,
Who carries letters, should his letters know."

Luckily in the case referred to, the letter carrier meets
who kindly reads the di-
svithamndansyhoawfsriielinmd bhyistlheettealasy, way, when he opens his letter-
banrectiGns for him. Having read them all, he places the
letter next his person, which is first in his way, anu so
on till he has done them all--Leeds Journal

effected for fully restoring the condition of the
people. will not be uncompleted . twelve mouths
hence. The remaining abuses of the New Poor-
law will (we have a promise:for it) be remedied
—law retbrm will be further advanced=the
Parliamentary constitution of 1832 wilt be per-
fected by a Just Registration Bill—and the ex-
tension of the means of education and of
religions worship will, we may trust, be greatly
promoted.

THE TIMES" AND ,THE MAN-

CHESTER DISTURBANCES.

A wicked endeavour has been made by the
Times to connect the Anti-Corn-law League
with the turn-out of the manfacturers. We
have no hesitation in denouncinc, as false and
malignant the insinuation that the mill-owners
have reduced their wages in order to stimulate
their men to acts of violence, for the purpose of
embarrassing the Government. It would be ma-
nitistly against the interest of the masters to in-
cur the hostility of the men ; and if the former
have in some instances been obliged to lower the
pay of the latter, it has only been to avoid the
necessity of totally stopping the mills, which has
in some instances been unavoidable. If we
are to seek for the causes of the present dis-
turbances in any circumstance; independent of
the want of food .and employment which so ex-
-tensively prevaih, We migtr-nifnially be led to
remember the violent language of Mr. Ferrand,
wl►o, in denouncing machinery and mill-owners,
was loudly seconded by the 'Tory press,
and tacitly encouraged by the Government.
We are, however, not disposed to assign any
party or political motives as the cause of the dis-
turbances, which are the natural consequence of
the condition to which the manufacturing ope-
ratives are reduced by the impossibility of ob-
taining sufficient food forthemselvesand families.
Though the Chartists are endeavouring to take
advantage of the excitement, to further their
own views, their interferencehas been expressly
repudiated by the unemplOyed workmen, whose
only aim is to obtain the means of subsistence,
and who are not disposed to trouble themselves
about a political chimera When struggling to ob-
tain food.—Evening Paper.

LONDON AND BIRMINGHAM

RAILWAY.

The eighth half-yearly meeting, very numerously
attended, of the Shareholders and Directors of' this
line,' was held yesterday, at the Euston Hotel, Eus-
ton-square, --G. Carr Glynn, Esq., in the chair.
. The minutes of the last meeting, held at Birming-
ham, and of a special meeting, held in London, hav-
ing been read and confirmed,
The CHAIRMAN, preparatory to reading the Report,
addressed the meeting to the following effect :—Dur-
ing the last six months, railway matters had not ceased
to occupy a leading place in the public mind. They
had presented to Parliament a Railway Bill, for
the further regulation of railways. This 13;11, he did
not hesitate to say, after the interviews which had
•passed between the Deputations of Companies and the
Board of Trade, was calculated to do the interests of
railways, in general, very considerable service. .He
was aware that, in the minds of many, the proceed-
ings of
,the Railway Department of the Board of
Trade were viewed with considerable jealousy, lie
(the Chairman). thought it only due to the officers of
that department, with whom he had come in contact, '
to say that he had always found them ready to hear
any representations he had• to make, and to receive,
as far as they could consistently do so, the sugges-
tions of himself and others connected with railways.
He Was inclined to think that the Board of Trade had
become a valuable accessory to railway interests. He
was not one of .those who was afraid of having their
proceedings watched and investigated ; on the con-
trary, he courted such inquiry. It would be recol-
lected that, in the session of Is4l, an application
was made to the then Chancellor of the Ex-
chequer' by some Railway Companies in the
north of England and Set,tland, for an alteration in
the Railway duties upon passengers. The Right Hon.
Gentleman the Chancellor of the Exchequer freely
admitted that the existing mode of calculating and
taking the duties was not, perhaps, the best that could
be adopted; but at the same time he stated that he
considered a compact had been made with the whole
railway interest, and unless all the railways desired
an alteration, he should not think it. his duty to adopt
a course which, whilst it conferred a benefit upon one
country, would be disadvantageous to another. There
the matter rested for that session. Last session; how-
ever, he (the Chairman) was apprised that another
and similar application had been made to the new
Chancellor of the Exchequer. He was surprised 'to
hear that • that application had been made, hut more
was he surprised when he learned that the very terms
for the' alteration had actually been proposed to the
Chancellor. He (the Chairman) would not say
more :of the nature of those terms, save that
if they had been acceded to this country:would have
been very quietly saddled with the burden of an addi-
tional payment tote Tax-office of upwares of 6,0001.
a year, He and his brethren resisted such a mon-
strousyroposition, and, after some stir, the tax was
changed to five per cent. upon the gross passenger re-
ceipts, at ..which it now remained. This alteration
certainly 'made the country pay something more in
-the shape of tax than hitherto, but it was thought ad-
isable to • unite the whole railway interests through-
out the kingdom, especially as he felt that an attempt
might be made in future years to increase the tax,
and he thought in such an event that the whole railway
interest should act in concert instead of in small sec-
tions as heretofore.--(Hear.) He had great pleasure in
stating that they had worked the line from the Ist of
January.to the Ist of July without having to record
a single casualty of any moment.—(Cheers.) They
had heard a great deal about four and six-wheeled
engines. It was not for him to impugn the arrange-
ments of other Companies, and all he asked in return
was, that they might he allowed to go on as they
Were going. .They•had not adopted the plan which
• they pursued without mature consideration, and he
.was • convinced that the more their plan wasinves-
tivated, the more 'excellent would it appear.—(blear.)
Great investigations had taken place, and he appealed
to them whether the result had not proved that by
adopting the course they did, they had attended to
the interests 'of their Shareholders and the public.—
(Hear, hear.) It had been the custom of this Com-
pany to make part of the remuneration to the engine-
drivers, the switchmen, and the policemen, contingent
upon good behaviour ; and he was sure the Proprietors
would be gratified .to hear that the amount paid this
half year on account of gratuities very much exceeded
that paid in former half years.—(Cheers.) He attri-
buted a great deal of this to the very excellent
establishment they had at Wolverton.—(Cheers.)
This Company, in common with others, had been
seriously affected in the receipts 'by the unexampled
depression which existed in the manufacturing
interests ; but though their receipts had not
come up to their anticipations, he was happy.
to say that there was another source of
profit from which the Proprietors might now de-
rive some advantage—he alluded to the sale of that
superfluous number of shares which had not been
divided amongst the Proprietors before. .This little
nest-egg would allow them to declare a dividend for
the last half-year of 5 per cent. He thought the ali-
Nidend could be permanently maintained, and he
was happy to add that they bad made that divi-
dend, at the same time keeping up a full and suffi-
dent depreciation fund. (Cheers.) They had
already commenced the improvement of their pas-
senger: station at London ; he hoped now they should
be. able to afford to the public the accommodation,
they required.—(Hear, hear.) They (the DirectQrs)
had thought it to be their duty to afford every facility
they could to the " thrcush -passenger traflio,'! but
their arrangements were not even now so perfect as
they could wish. He :had only further to add, that
the Leamington and Warwick Railway Company had
abandoned their interest in that line to the London
and Birmingham Railway Company; they were,
therefore, the proprietors of that line. It was not,
however, the intention of the Directors to issue to
the Proprietors that stock during the present half-
year.—(Cheers.)
The Report was then read by the Secretary, and
from it we extract the following passages :
" The results of the operations in the six months whith
ended on the 30th June last, according to the accounts
before the present Meeting, are as follows

,
The gros3 Receipts, (omitting the charge on
Rents 5350 are
The expenses, including the allrAvance for de- ' I
preciation of Stock, Interest of borrowed
Capital, and the charge ea Rents, are

The net Profit

"'rho increase of net Profit for the Six Months, as
compared with the corresponding half-year of 1841, will
be found to be 25,750/.
." The most pleasing feature of this increase is, that it
chiefly resulta from a progressive decrease in the charges
on the Company's revenue, and particularly in that por-
tion which immediately attaches to the working of th:,
traffic, and which, as appears by the June half-y(4oy
statements, has been successively reduced from
34/, 16s. 74‘ vier cent. to 291. 10s. 7d. per cent. and
254 as; 0, per cent.
.4.k With the exception of 3,8404 paid fer settlement of
claims for compensation to owners and occupiers of land
on the line, and 1,877/..for outstanding bills of the Com-
pany's Solicitors for proceedings in Parliament, the ex-
penditure is for new carrying stook, for the purchase of
land saki Wises, and for construction of works and build=
ingit, calculated to meet the exigencies of the traffic, but
on a portion of which outlay, viz. 5,9211. rent will he
received.
•" The Directors have contracted for the additional
buildiaga which, as stated in their last Report, are re-
quired to complete the Ruston station, on terms which,
owing to the present comparatively low price, of mate•
rials, and A close competition amongst many of the most
eminent builders, are decidedly advantageous to the
(lealpany.
"The profit, 31,968 L which has been already realized
by the sale of 1,074 of the unappropriated new 324
shares, will be found stated in a separate account (C),
and with the residue of the half-year ending 31st De-
cember, added to the net profit for the last half-year,
(after deducting 14,3251 for depreciation of the carrying
stock,) leaves a sum of 242,2601. 15s. 4d. at the disposal
of the Pfirrletors•
'`'The Directors recommend that a dividend be now
(lectured of 51. per 100/, of the capital stock, amounting
to 242,3981 which includes the profit realised to this
date on the sale of the above shares. They further re-
conawrauil that the Income-Tax, chargeable from the sth
April, on the share of profits of each Proprietor, he ac-
counted for and paid by the Company out of the profits
of the current half-year.
" Ate*rring to the minutes of proceedings of the Spe-
cial General Meeting of the Ist ult.
to this Report, the Directors which are appended I
propose to create 5,406
;:.
distinct and integ
C a integral slims, of the amount of 32/. each,
to represent toe .
et 1 of 173,000 /., authorised to be
h -
raised untie; the powers of the Warwick and Learning-
L dand Bir-
mingham
d for, to the Lae don to:4 ITAtop Railway Act ; such shares to be allotted, or
;ite value thereof account
in-
terest which they respectively )? JO .
.TtIP proportion
capitaltin t stthocekof
with the regulations
llailwes:,n-dPiriol peroiseeiotorrfas,_:toiy_n
this Company,
this occasion of the last creation of 321.
sabdiireoptsc.d onc
1U Directors have to report the o,vning of the
ilancheiter and Birmingham Railway on the 10th lust." i