The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1853-08-02 00:00:00

OFFICES, 62, MOORGATE-STREET.
ITER Majesty in Council having granted a Royal i
1 Charter of Incorporation, the Directors feel t a duty
promptly to bring into effective operation the means which
they believe best calculated to insure the most direct and ex-
peditious communication with Australia, and thereby to satisfy
a requirement of great and growing urgency.
The Route proposed, namely, the direct line connecting
England with Australia, and crossing the Isthmus of Panama,
may be considered as divided into three stages—the Atlantic
passage,—the transit across the Isthmus,—and the Pacific pas-
sage—to Sydney and Melbourne alternately; coaling at Ota-
heite, or other convenient Station. On the first—it is unneces-
sary to dwell ; of the second—all difficulties are in process of
speedy removal by the line of Railway now approaching its
completion. [The time of transit across the Isthmus by Rail
will probably not exceed two hours,] with attendant accommo-
dation of suitable hotels, at both extremes; and the third—
favoured as it is with the smoothest seaswith moderate winds,
a pleasant temperature, and the absenceW adverse currents,
may indisputably be described as presenting the most unob-
jectionable navigation in the World.
The Directors, therefore, availing themselves of the long
practical experience of Captains A. S. HAMOND, R.N , and
J. COCHRANE HOSEA SON, R.N., who for several years. have
held Command of Steam ships on the Pacific, New Zealand,
and Australian Stations, and, of whose published opinions,
the soundness has been fully confirmed by recent results,
adopt this course, as combining the essential advantages of
speed, of comfort, of economy, of safety, reserving, however,
the power to avail themselves of any more desirable line of
transit across any other section of Central America, which
time may possibly develope.
The speed and regularity with which paddle-wheel steamers,
on the Cunard and Collins' lines, have performed their passages
across the turbulent seas of the North Atlantic, having estab-
tithed a conviction that this mode of propulsion is best calcu-
lated for long voyages at high velocity, it is proposed to employ
paddle-wheel Steamers of about 3,000 tons, with commensurate
engine-power, combining all well established improvements,
in reference to machinery, uniformity of size, proportions, and
cabin accommodation.

The vessels will proceed at stated periods from Milford
Haven to Aspinwall, (Navy Bay,) on the Atlantic side of the
Isthmus, from whence Passengers and Cargo will be conveyed
by Railway to Panama en the Pacific side, and there re-em-
barked for Australia, accomplishing the whole distance, to or
from, in about fifty-five
days. The Directors, after the most
deliberate consideration, have decided that Milford Haven. as
the port of departure, promises advantages which few other
ports can supply, namely, the safest anchorage, entrance and
exit, at all times, facilities of repair, supply of most suitable
coals, and easy communication. by rail, with London, Man-
chester, and all the manufacturing districts.
It is thought unnecessary to dwell on the great extension of
general traffic, wherever proper facilities of intercourse by
steam have been afforded ; it may, however, be briefly stated,
that the produce of gold during the year 1852, in the colony of
Victoria alone, amounted to over .t. 18,000,000, with every
prospect of a continuous increase, exclusive of the produce of
New South Wales, which forms a large addition to this vast
amount ; that, during the months—January, February, March,
and April last—the specietransmitted across the Isthmus, from
Peru and Chili, from the Western Coast of Mexico, and from
California, amounted to 20,410,796 dollars, exceeding .'4,000,000
sterling; and that the passenger traffic by the same route, and
for the same period, amounted to 10,568 persons, irrespective
of those conveyed by the San Juan de Nicaragua line. It may
be, moreover, observed, that this extent of traffic, however
great, affords no adequate idea of the vast trade which will
arise to feed this line, when in full operation, with all the im-
portant advantages of a completed railway, and of a systematic
conduct of business. _ _

-Large additions to this vast traffic must necessarily flow from
the increasing intercourse between North America and the
Australian Colonies, facilitated as such intercourse is by the
powerful lines of steamers already established between the
United States and the • I,thinus of Panama in the North
Atlantic, and between California and Panama in the North
Pacific. The augmented line of steamers, also employed by
the " Pacific Steam Navigation Company," between Valpa-
raiso and Panama, must considerably swell the stream. These
great results stand in perfect independence of a line, projected,
which will, in all probability, at no distant period, connect
California with China; and likewise of traffic, the natural
result of conveyance of passengers and valuable merchandise
diverted from old and circuitous routes.
The Directors derive great encouragement from the know-
ledge that the objects of this company are favoured with the
high approval of British merchants in general. Many of the
most eminent London houses have strongly expressed their
approbation; and the following document fully attests the
spirit in which the enterprise is regarded by several influential
and distinguished Manchester firms.
" We, the undersigned, being desirous of encouraging the
establishment of a line of First-class Steam-packets, offering
increased facilities and advantages for the transit of Passen-
gers and Goods, to and from Australia and the different im-
portant States in the Pacific Ocean, and being deeply impressed
with the advantages of the route by the way of the Isthmus of
Panama, since the establishment of the Railroad at that place
connecting the two Oceans, hereby signify our approval of the
projected British and Australian Direct Screw Steam-packet
Company, [the title assumed by this company previous to the
decision that the paddle-wheel should be adopted as the motive
power,] for the purpose of carrying out the line of communi-
cation to those parts in the most efficient manner."
Signed, Signed,
R. Gladstone and Co. Henry 13. Jackson.
Horrocks, Jacson, and Co. R. I. Fairbridge and Co.
Robert Smith and Co. B. Liebert.
Robert Gardner. Prescott Brothers and Co.
Samuel Mendel. Thomas Cardwell and Co.
Bohert Barbour and Brothers Owld Svend Co.
John Pender and Co. J. s
Aa. Turtener and Cnson a
o.
George Fraser, Son, and Co.
As indicative of the approval of the Australian authorities
and community, they have much satisfaction in adding the
following extract of a letter received from Stuart Alexander
Donaldson, Esq., member of the Legislative Council of the
colony of New South Wales, dated "Sydney, 22nd November,
1852."
" In my place in council I have ever been a warm public
advocate for the advantages of steam, laid all I have ever
Panama line, and I carried, on the 28th of August, by a unani-
esortivderyha;s
agnadin,etdnotrecsonfvoelid,fotrcheayseinchretetilyie
asdtvuopeeantdectoustigitosldvdeirsy-
mous vote of the council. a public grant of .4'6,000 a year to the
first company which shall bring Sydney within a course of post
of 120 days with London. My original idea was all for Panama,
but I generalised the motion to obtain unanimity; and, that
Panama will first claim the bonus I feel quite sure. The gold
will go by the quickest boats. The quantity of gold to be pro-
duced in 1853 and 1854 no human being can tell ; it is at pre-
sent nearly at the rate of £20,000,000 a-year. I assure you I
feel the greatest interest in your success, and great confidence
that your line Hill pay."
The unsatisfactory state of the present communication with
the Australian Colonies, coupled with the strong feeling preva-
lent in favour of the Panama route,—[Sleibourne, April, 1853.
Hitherto the communication by steamers, rid the Cape of
Good Hope, instead of proving a boon to the colonies, has been
a serious detriment to business. We are anxiously looking,
with our Eastern neighbours, for the establishment of the
Panama line."—Times, 4th of July, 1853,]—points to this as
the only means left of establishing the shortest possible period
,so andlll()pf
Offices,
a cfnrees. inl6lt t,,
of commnnication ; and the Directors, fromoftlgedierTioonasrtdrlions
and experience of the nautical members
e successfulnts formed
at
enter-
tain r
be accomplished in the
no doubt that the passage can
engineers,tl), the assur assurances s f
roo frn
f t can be safel and
stated; and that the course o
.nos . n
t_ . y , regularly
reduced to about 120 days, Mails.including be intenals between
arrival and departure of the
I
d with unsuitable ships, nor constrained to adopt hurdeneun-
productive deviations, may confidently anticipate the ultimate
command of the Postal Service. They feel assured that, after
the
eranngioemst
an ample margin for working charges, insurance, and repairs,
In conclusion,
tmoderatehe th the
Directorsra eSECRETARY,s
fr oapbtassestrhev:
the Company's
passengers,
rosn, thatlsptphaellEyi
specie,
and also a reserved fund for the replacement of ships and m
chinery, they are justified in believing that this Trunk Linea-
promises to realise a most remunerative dividend.
Application for Shares to he made on or before the 20th of
,to
Moorgate-street ; to the Brokers ; or to the Agents of the
National Provincial Bank of England
August,
arrangingugust
; here, to
JAMES SMITH, Jun., 11 Tower • -chambers ; or to
ROBERTSON and PATON, Stock and Sharebrokers,
2, Royal Bank-buildings.

July, 1853
FORM OF APPLICATION ) } R SHARES
To Ike Australian Direct Steam'at(,igation Company, vie
Panama.
INCORPORATED DY ROYAL CHARTER.
I request you will allot me - Shares or any less number
of Shares, of each, in the Company, and I engage to ac-
cept the Shares so allotted to me, and to pay the Deposit of
.#,'2 per Share thereon, in such manner, and at such time, and
place, as shall be appointed by the Directors of the Company
for that purpose. And I further engage to execute a Deed of
Subscription, to the said Company, binding myself to accept
and pay for the Shares allotted to me, and also to execute the
Deed or Deeds of Settlement of the Company.
Dated this day of 1833.
Letters and Notices to me may
be sent by Post addressed :

Residence------
Profession or Trade