The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1847-03-09 00:00:00

PROVISIONAL DIRECTORS.

Henry Glanville, Esq., Westbourne-terrace, Paddington.
Joseph Peplow, Esq., 13, Tottenham-court-road, Middlesex.
Richard Greenwood, Esq.. Saint Pancras, Middlesex.
Richard Edwards, Esq., Mitcham, Surrey.
William Freeman, Esq., Bayswater, Middlesex.
(With power to add to their number.)
BANKERS.
Union Bank of London, Argyle-place, Regent-street.
SOLICITOR.
Wood Readett, Esq., 35, King-street, Cheapside.
SECRETARY.

John Jameson Laskie, Esq., East India-chambers, Leadenhall-
street.

ryirrE subject of Railroads in India has at length
attracted a degree of public attention, sufficient to ensure
a speedy commencement and progressive extension of a prin-
ciple so calculated to develope the internal resources of that
portion of our dominions.
In the Minute of the Court of Directors of the East India
Company, to the Bengal Government, dated the 7th of May,
1845, it is stated,—" That it cannot admit of question, that
wherever railroad communication can be advantageously in-
troduced and maintained, it is eminently deserving the encou-
ragement and co-operation of the Government."
The construction of any and every line of railroad within the
East India Company's territories, must be undertaken with
their sanction, and in subordination to such rules and regu-
lations as the local government under their authority may
deem fit to enact ; and the operations contemplated by this
company will, of course, be conducted in conformity with such
regulations.
In surveying the vast extent of territory embraced by the
British dominions in India, with a view to the introduction of
railroads into that country, it would appear obvious, that the
local demarcations which have been found convenient in the
administration of the Indian Governments should be kept in
view. In raising the capital required to carry these under-
takings into execution, it will be necessary that the Directors
of the companies which may be formed in this country should
contain a large proportion of gentlemen possessed of local
knowledge and experience in that part of India which is to
form the scene of their operations; and in this view of the
case, it seems natural that for the most efficient working of
such projects, a separate Board should be formed in this
country for the organization of railway operations within each
of the Presldenries of Bengal, Madras, and Bombay, to act in
conjunction with local committees of the Indian Presidencies ;
each of such boards in England to contain s-ch n proportion
as may be thought desirable of parties qual fled by residence
and local knowledge of the different Presidencies, to afford
useful and correct information upon the subjects brought
before them.

Impressed with these views, this Provisional Committee has
been formed with the object of securing the introduction of the
railwqy system into the territories under the Presidency of
Madrag.

In the minute of the Court of Directors above alluded to, it
is stated to be their intention to depute to India a skilful
Engineer, to be associated with two Engineer Officers in their
owo service, to investigate the subject of railway communica-
tion in India, in all its bearings; and they add, that one object
of this committee will be to suggest some feasible line, of
moderate length, as an experiment for railroad communication
in India.

It is probtede that in no part of the East India Company's
dominions will this subject be attained with so much ease and
certainty as on the line of road from Ile!tarry to Madras; and
it is to the construction of a railway between these points that
the operations of the present Company are proposed, in the
first instance, to be directed, with a view to accomplish the
primary object of the preliminary investigation about to be
undertaken by the Committee appointed by the East India
Company.
This line has all the requisites for an experimental railroad.
The distance is moderate, being Two Hundred and Seventy
Miles by the present winding route, and by this projected
direct line the distance will only be Two Hundred Miles; and
the country between the termini may be taken for all practical
purposes as a level. There is already a substantial road raised,
connecting Bellary, Cuddapah, and Madras, which has success-
fully proved the capability of such a work to withstand the
peculiar sources of destructive action enumerated in the Court's
minute as operating against the railway system in India—the
termini of which places are military stations, and of great
commercial importance; a large traffic on goods, passengers,
troops and military stores already exists upon the road ; and it
passes through a fertile and very populous country. This pro-
vince was one of our earliest acquisitions in the East. Since
the rise of the British power in India it has enjoyed uninter-
rupted peace and tranquillity, and is, relatively to its extent,
the most productive portion of our Indian Empire.
The surveys and estimates already made by eminent engi-
neers contain the minutest details of the cost of construction
of a single line of rail, upon a principle which has been found
to be perfectly efficient in America.
But it is considered that, however desirable such a construc-
tion maybe for the feeding lines that connect the thinly peopled
and less cultivated tracts of the country with the main trunk
lines upon which the largest portion of the traffic must always
pass, a more substantial method of construction, and one more
approaching than that found to answer best in Europe, will be
required -upon the trunk lines, of which that from Bellary to
Madras is the most important within the Madras territories.
This part of the country is so singularly favourable fora rail-
' road, that the cost of a single line with rails of the dimensions
generally used in this country, will not exceed £5,000 a mile,
and that, by fixing the available capital ut .t 1,000,000, it is con
sidered that a sufficient fund wilt be provided to meet all the
, possible contingencies that ran attend tht construction of the
proposed line.
The present population of the territories included in the
Presidency of Madras exceeds 14,000,000.
The line will pass through the country towards Hyderabad,
the great cotton and indigo districts of Bellary, and also through
the towns of Roopangoody, Hotoor, Wilgar-Gureor, Paundy,
Calanuddy, Moochatota, Tandaperata, Tallypootatoor, Vattoor,
Condytita, Baukrapp. Jummulmagoor' lamalapoor, Wallar,
rhenoor, Cuddapah, Matichuply, Sidhot, 1l nllailprltnlan, llo-
' Blum, Washils, Cotepand, Mundaloor, Chi-
Cotoor, 'flassoo, Polalcoor, Mtunbo!e, Avnce, Penpol-
nin, and Cholaveram, to Madras, and it will afford facilities for
the transport to the coast of the produce of Mysore and North
Arcot, consisting of sugar, tea, coffee, nut. lac, potatoes, corn,
oil, seeds, grain of various kinds, and charcoal and firewood;
towards the West it will facilitate communication with the cot-
ton tli.ricts of Salem and Coimbatire ; and towards the Smith
with It,' fertile countries of Trichinopoly and Tanjore. The
best cotton. that is raised in India ix produced in the Madras
' territories ; all that is required to enable it to enuipote success-
- fully with American eotten. is increased facility for bringin.. it
- to the shipping ports in goad condition, and at sr moderate rate
Of transiiert. which (-an only be, effiDted by a railway. bye.
Colty air hist serport 1, the lair of tAe. .11,spehe.aerVhdrot-•
ber of ('Awitterce, as isgortis the Collo,* growth la India.]
There already exists traffic on this line, or goods alone, ex•
elusive of passengers, uhichwould make a fair return upon the
Capital. it is impossible to calculate the returns to be expected
from the transit of troops, military stores, treasure, and the
conveyance of the mails account of Covermurnt ; but the
amount most be considerable. The same consequences must
follow the introduction of railroads in India that have followed
elsewhere, and already the results in every instance have far
exceeded the expectations which the most sanguine speculator
j would have ventured to form.

- - -
It is clearly shown that there can he no line of railway in
Maims, to any extent, with which this line will not form a
junction or connection. Rut independent unite for its support
exists_ between Bellary. Cuddapalt, and Madras ; and whatever
line of railway it may form a junction with, it will increase its
traffic. It is so singularly situated as to be an independent
line of railway for its own support.
The system is but now m its infancy in Europe, and its pro-
gression hereafter no one can calculate. The same results
must follow in every instance of the inteoaturtion of nouys
into countries possessing a fertile soil, a good. climate, and a
numerous and industrious population ; and, at this teoment,
there is probably no portion of the globe where the introduc-
tion of railways will ultimately produce more important re-
Imlts than the British VOSSeSSiOnS in Inlli,.
-The management of the atiairsof theCompuoy will be
vested
Board of Directors, in London, co-operating with a Local
Committee of residents in Madras. A proportion of the Shares
will he reserved for Madras. • •
The Board in London to have the 'entire management of the
Compitny's affairs.
Dividends to paid in London or Madras, at the Option of the
Shareholders, at the current exchange.
A Deposit of Five Shillings per Share to be paid on Allotment.
A Subic ription Contract to be execu to, by the Shareholders.
In the efent of the negotiation with:the Indian authorities
not being in all respects satisfac!.ory. 10 the Peard, the prin-
ciple sumsubscribed will be returned to the Shareholders, less
the amount of preliminary expenses.
Applications for Shares to belnade, in the annexed form, to
Mr. JOII N J. LA SK I E, the Acting Secretary. or to the Accnts—
A NTIION Y • LAURIE. ShaTebrOker, LiVerpool; MeiESIV.
BaAny and Co., StrarebroterS, Hull; Messrs. I. andi.
KIM PSTEIT, Sharebrok ers, Newenstle-upon-tyne, and W. S.
Mont, Esq. 33. Lord-street, Liverpool. •
FORM OF APPLICATION .FOR SIIAREs,
TO TIM PROVISIONAL COMMITTER OF '1 r. CPEAT MADRAS
texcrrox LAILWAY cost eaxv.
Gentlemen,-1 wish to become a Subsrcil•er r
Shares in this undertaking, of .*:‘,o per Share. tie Deposit iron
which, or any ress number of Sharestbat ir ay be allot& to me,
I agree to pay, and 1 also undertake to sign the recessiny deeds
when required to 'do so. -,I am,' Gentlemen, your obedient
servant.

Nome
;Ati.cireps

Pate

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