Star.
London, England, 1825-08-05 00:00:00

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ENE/USW-Aim-BRISTOL CHANNELS SilIP CANAL:)
I.t.of_Parliaaiint having passed, constituting',
the ,giiiitCRIBERS a CORPORATION, Notice is'
hereby given, thal applications for Shares, in lien of those for-
ft;t,ed by the neglect of Holders thereof to execute the Dted,
in47,birnafle to. gessrs. Xing and Lutin, I,To. 5, Gray's
Square; ?eito Mi. Clarke, Chard, Somerset, the reipettlve Soli-
eitois to th.e.EilL
.

. 4.11 3VI *.• • • •
esTqwn
_*ND BRISTOL CllAtsiblELS SIIIP CANAL.
ACT. for the formation of this Great Work
haVing passed, and its general merits, and the correctness of
ti 4atimates of espente and return having been fully investigated
ii/Sir,': I/Out:Sof Mill:intent, the Committee of Management deem
it tight, at the tsrminstlon of their labours, to submit to the public
:-..!brief Statement of the nature of the Ilan, and of the prospect of
zdvantage which it holds out. The Committee consider such a
Statement, founded upon the evidence adduced, to be the more Meth
sal y, in co:equeuce of the partial and unconnected mode in which.
during a contest .wising purely out of local loterests, the attention of
the public has been:called to the. detail, while it has been led away
hens the leading features of the measure.
Theextgeme danger and difficulty i9,the navigation round. the
11-and's End, and the tick:nice', extensling frequently Jo six weeks,
and even lobiei-pi:rioils arising froth the. south- Western winds,
which prevail during eight or flier rititaths in the year
trasiaz are faeti
knows sCalbparsvas intvresistia abirpimarade'irthask,
Ifalesitiverp,sol, aryl the pocts.of ethq !iris* Channel. T4e eaLs-i
riitous losses of hers and shipving, on the toasts of Devonshire end
euravrall are 'too frequently detailed in the newspapers, to hive
escaped the notice of the public generally.
These vircumstatwes being kept in view, a alight glance at.the
map will suffice to demonstrate to any one, the great obstruction.
which must consequently arise to all vessels trading from Otte
westward and northward of the Land's End, to ports southward
and eastward of it ; and that these obstruCtions mast most especially
present themselves to tbeinereasiog trade in -the southern counties
of Wales, will oleo be readily perceived.
To remove these evils, and to open a:speedy and safe communi-
cation at all seasons for vessels trading.from London and the ports
on the eastern and southern coasts of England, to the ports of Ire-
land and to the western ports of England, including Liverpool and
Bristol, and to ibe coasts of South Wales, are the main objects of
the proposed Ship Canal.
The Canal will ettend from Beer or Seaton Bay in the English
Channel, to Stolford ur Bridgewater Bay in the Bsistol Channel;
it will be 44 miles.long, 90 fret wide, and 15 feet deep, and may
be navigated by vessels of 200 tons burden, register measurement,
when fully loaded.
• At the two extremities harbours will be tonstrutted, itut, as
will be seen by the evidence, these harbours will not only secure'
to vessels acing the Canal safe and commodious entrances to it, but
will be of great Service to the Skipping Interest generally,.s
asylum Harbours. and will also prevent an immense loss of lives
and property. The proposed Harb'our at Beer will, iiitime'pf War,
be of incalculable advantage in preventing captures bytbe enemy's
cruisers.

The total expense of fanning the Canal and Harbours,. and of.
amply providing far every contingency incident to such a WOrk,
is
estimated by M.s,Telford at £1,712,844, and from .his evidence,'
on oath, it appears that he has allowed for each dfsduai iiart.of the
work a slam at which he can immediately lihd parties willing to
contract for it.
The sources of a revenue, pmportioned to this expenditireonlia-
blistod by the evidence of competent and respectable witne4itt,leere
arranged under the lolioning beads .
Ist. The supply of coals Ware whole extent ISt
country bordering upon the Canal, and fat's
considerable distance on each side of it, lit-
eluding the towns of Honttoni-Taanton,•l/-
minuet Axminster, Chard, Crivriterhe,
Yeovil, Langpart, Bridgewitier,lnd
others, taken only at .me half of the estimete;
at 45,000 tons, and groceries and other goods
at 15,000 tons
id. The like supply of duds to 'the seitberu
parts of England, taken at onts.klif 4iiitr of a
reduced estimate . . •
3d. Tonnage of limestone for paving, bittidingitte.
4th. Tonnage of ships trading between English
pens, passing Onrush the Canal, taken at one
half of the tonnageof vessels at present navi-
gating round the Land's End, as appearing by
Returns made to Parliament for the .purpose
of this calculation • • • •
*h. Tonnage of foreign vestals using the Canal.
taken at two-thirds of the amount ascestained
bytio like seamen .
AL Towage of Brithb mop* *adios to ,fo•
- taken at one half the quantity

/300b0
30,000

•105,33?

127161

reign ports, .-
- aseeitahneby like reams • 19,010
7th. 'connage of vessels tradiug from Ireland to
Dritish and foreign porti;taken M minkeki. •
• of the quantity, secertabled by like returns

1t3,51?

Told Tonnage 1.095M7

At a dame of hi. per ton per rule on an ave-
rage, the above tonnage will produce, tor the
Whole 44 miles of Canal, a gross revenue of 24200,846 a 4
Add a tonnage rate, to be levied on all ♦easels
taking refuge in, or using the proposed b4r-
baor,.arld also on vessels proceeding along
the Canal, to Bridgewater andthe river P.m-
ivt. The amount annually from these sources'
may, on an average of years,be tgken at

=O,OOO 0 0

Clear annual income arising from the Canal
cod Ihrbours, and applicable to a dividend
:moon the Proprietors, of about 12 per cent. A 10,846 12 '3
XII. The expenses of management, repairs, and every other
contingen, will fie provided for by tic tonnage arising on the in-
ternal tram on the Canal.
In the above calculation no allowance is made for the vast in-
eveacatiot trade which is annually taking place in South Wales, and
to whkla this undertaking will most essentially contribute ; nor is
our tonnage reckoned on coal brought frOm Wiles to London: the
Stone Coal and Culmare, however, already used there, and on the
Bon oast of England ;.and there is every reasonto expect that the
toonsaos Welch Coal will find its way to the London market, when
a safic•and regular mode of transit shall be secured.
Thscepssequent increase of trade and manufacture in the fine
and populate country through which the Canal will pass, presents
a'priA'peet of Ictifitiunal revenue to a vary considerable extent ; and
in the great Narritern Canals, which have proved so Immensely
proluctive, that increase has been the great enures of profit. It
ainoild here be noticed, that a recent Revelation will allow the
Corporation, at a very tnOderate expense, to make a branch Ship 1
Canal to the popillaue and wealthy town of Tavnton, and that a
junction void. the Grard Western Canal will, by the Sallie nseana,,
be effected.
It .should also be noticed, that although in the event of a war, the
tropic through the Canal will be.voy materially augmented, the
otlslitioital income to be decived front that event has not been tiVett
Into cOusidera:lon in t to above estiinkfes.
The Contmittee, therefore, chneelVed that this undertaking Cannot'
fit conskleteci Of a delusive or even of a' dobbtful and ,hatardose
ebarvater,but a measure affording to elleSabseribere roe, re4s4Do'.
aide assurance of an ample present pro% end the ad:Mier:Al pro-
mise of an income irereaaing with the Advance Of prosperity:.
The esiPhll.l zi,750,000 is direbted in the Ait to be Miseti,
Shires 'or ,om each. No Shareholder *lll' it liable beyond h
Sitinee, and his liability to future Calls, in reepeet• of such Shari*,
will team immediately on a transfer ; the :Act directs, that the
sapotlas* thaltact shall intervene betwoen each Call, 114 that n'
Call shall exceed li.ve per Cent.
_ . .
A Gpteral Meeting of the Subscribers will talce place on the
lath of August, to elect Direetoti, and 'make the necessary an.
eolgeinenti for the commencement of the work; and:the Com-
mittee everaerf.eleAell adattitutteso=:, in tire titerval,:o.vW he ad'
ac,ssed ,to Way's lutt•terr.re i and
Clark:. Chard, ;Jour. •

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