The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1840-09-04 00:00:00

4 to 1 was off
Charles XII

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HINTS FOR THE RADICALS.--Colonel Thomson has writ-
ten a letter to the radicals, in which, after alluding to that
profound ignorance so general amongst the working classes,
which renders them liable to be imposed upon by the specious
soplaiitries of self-styled " liberals" and reformers," who
vainly itnagine these elves more enlightened than their neigh-
bours, and therefore best calculated to be the great political
'regenerators of the age, he advises the chartists to look keenly
after every man who ever called himself a " good reformer,"
or uttered the word tory-radical." " Depend upon it," says
the colonel, " he was one that helped to steal your pig."
GREAT WESTERN RAILWAY.—The tenth half-yearly
meeting of this undertaking was held on Thursday week, at
the Merchants' Hall, Bristol. Mr. Charles Russell took the
chair, and congratulated the town of Bristol that, by the be-
ginning of .November they would be able to open the line as
far as Swindon, which was earlier than was expected, and
would complete ninety out of the entire length of one hundred
and eighteen miles. The report was then read. The state-
ment of the coaching revenue to the 30th June, comprised

receipts during the three first months of the year, from 31
miles of railway, to Twyford ; during the two next months,
from 36 miles to Reading; and during one month, from 56
miles to Steventon. The gross amount received is £89,037
9s. The number of passengers conveyed has been 378,736 ;
the aggregate number of miles travelled 7,888,293 ; furnishing
an average result of 1171 persons daily travelling the whole
distance. The result of the half-year showed a profit of
£46,188 is 7d. The directors regretted the losses which
had been sustained by tire, and promised a settlement at the
earliest possible period. The company had determined up on
leasing the Cheltenham and Great Western, and the Bristol
and Exeter lines, by which they were of opinion that many
and important advantages might be ensured to this company.
The directors proposed to create 37,500 new shares of £2O
each, which would raise £750,000, offering to each proprietor
one new share at par in respect of an original share of £lOO,
or two half-shares of £5O each. Uponthese shares it was ts'
recommended that a call of £4 per share should be made, and
£150,000 so saised applied to 'nu of the mortgage deben-
tures of the company. it was
also recommended that power
should be given, by a resolution of the comany to orrow
£600,000 on loan notes, under
the company'sp seal,, at interest
of five per cent. per annum, payable half-yearly, with a cove-
nant to discharge the said loan notes at fixed periods, either
in cash or 'new wort • debentures at the option of the hold-
moved as thane Motion4taltet t the report be adoped, Mr. Heyworth

that a dividend of £3 per share b
declared, which was seconded ; but on the chairman explain"
ing that the directors had thOnght it more consistent with
the spirit of their act, and theood name of the company, to
apply their profits 'in the first instance to the payment of the
interest on their debt, that gentleman withdrew his amend-
ment, and the report was adopted. The report stated the
probability of a dividend being declared in February next. A.
resolution for the creation of the new £2O shares was also
abopted. It was stated in the course of the day.that the ex.:
pense of working this line is at present nearly 48 per cent on
the gross revenue of the company.