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

CAPITAL,

1,000,000, IN 40,000 SHARES OF EACH, WITK
POWER TO INCREASE THE SAME.
DEPOSIT, £2 PER SHARE.

DIRECTORS.
CHAT TINIAN, pro tem.—SirJohn Campbell, K.C.H., 10, Harley-
street, Cavendish-square, Director of the National Provincial
Bank of England.
John Carnac Morris, Esq., F.R.S., l ate of the E. I. Company's
Service, 10, Mansfield-street, Portland-place.
Christopher R. M. Talbot, Esq.,- M.P., 3. Cavendish-square,
and Marghatn, Glamorgan, Cairman of the South Wales
Railway.

Captain Thomas Bulkeley, Clewer-lodge, Windsor, Director of
the Great Western anti South Vales Railways.
George Herring, Esq., 12, Old Broad-street, of the
and A. Herring and Co.
George Clive, Esq., 20, Eaton-square, Director of the Commer-
cial Bank of London.
Captain A. S. Hammond, R.N., Freshwater, Isle of Wight.
Henry Simonds, Esq., Reading, Director of Great Western
and South Wales Railways.
Joseph Underwood, Esq., Eastcheap, Director of the Commer-
cial Bank of London.
William Fanning, Esq., 10, Gloucester-gardens, Hyde-park.
Joiiii Jackson, Esq., late of the East India Company's Service.
Captain J. C. Hoseason, K.N., 7, Stafford-street, Albermarle-
street.
George Barber, Esq., 50, Mark-lane, of the firm of Barber and
Barker, Director of the Melbourne Dock and Railway
Company.
James J. Macintyre, Esq., Sydenham:park, late Merchant

firm of G.

Sydney. W itti pOwerlo add to theii number.
DIRECTORS OF THE NAUTICAL DEPARTMENT
Captain Andrew Snape Hamond,
Captain John Cochrane Hoseason, R.N.

NOINEEII,

Alexander Gordon, Esq., Member Inst. C.E., 22, Fludyer-st.,
Whitehall. BANKERS.
Messrs. Prescott, Grote, Cave, and Cave, Threadneedle-street.
The Commercial Bank of England, Lothbury and Henrietta-
street, Covent garden.

COUNTRY BANKERS

Messrs.
Jewry.

The National Provincial Bank of England

'earse, Frederick's•place, Old

.
Messrs. Mullens, Marshall, and Daniell, 3. Lombard-street,
Messrs. Robins and Barber, 29, Threadneedle-street.

OFFICES, 62, MOORGATE-STREE'f.
HER Majesty in Council having granted a Royal
Charter of Incorporation, the Directors feel it 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 states—the Atlantic
passage,—the transit across the Isthmus,—and the Pacific nag
sage .to Sydney and !kV Itelv •

..ielbourne 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 accommn.

s, at both extremes

favoured as it is with the smoothest seas, with moderate winds,
a pleasant temperature, and the absence of adverse currents,
may indisputably be described as presenting the most unob-
jectionable navigation in the World.

The Directori, therefore, availing themselves of the long
practical experience of Captains A. S. HAMOND, R.N., and
J. COCHRANE HOSEASON, 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 pcssibly 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, havitr, estab-

fished a conviction mat MIS Wen.: uz invpuisloll Is nest 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

froin whence Passe nieis and Cargo will be conveyed

by ItailWay 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 tunes, 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 specie transmitted across the Isthmus, from
Peru and Chili, from the Western Coast of Mexico, and from
California, amounted to 20,410,796d011ar5' exceeding.e4,ooo,ooo
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 wilt
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 labums 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 B. 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.
Bobert Barbour and Brothers Oswald Stevenson and Co.
John Pender and Co. J. A. Turner and Co.

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, and all I have ever
said has gained tenfold force since the stupendous gold dis-
covery ; and, moreover, I have lately advocated this very
Panama line, and I carried, on the 28111 of August, by a unani-
mous vote of the council, a public grant of ..'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 will 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,--[Melbourne, April, 1853.
Hitherto the communication by steamers, via 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."-7'mes, 4th of July, 1853J—points to this as
the only means left of establishing the shortest possible period
of comnannication ; and the Directors, from the demonstrations
and experience of the nautical members of theirßoard, fromadn
the assurances of the most successful shipbuilders
engineers, and from arrangements formed at Panama,
Lain no doubt that the passage can be accomplished
ed im% enter-
nt e time
P
stated; and that the course of post can be safely and regularly
reduced to about 120 days, including the intervals between
arrival
r Ter eD on fe
ct the Directors
rill ail s
observe, that this Company, not.
burdened with unsuitable ships, nor constrained to adopt un-
productive
deviations, may confidently anticipate the ultimate
command of the Postal Service. They feel assured that, after
a r r in
li lag
mma
ro:i ens a te
for ratesw o rk i fnogr
cpnaasrsgeensg,
and also a reserved fund for the replacement of ships and
an
atni gpi
ma-
chinery, they are justified in believing that this Trunk Line
promises to realise a most remunerative dividend.
Application for Shares to be made on or before
August, to the SECRETARY, at the C the 20th of
Moorgate-street ; to the Brokers ; or to the
National Provincial Bank of England 1 Agents of the
JAMES SMITH, Jun ' ; here, to
ROBERTSON ~ 11, fower•chambers ; or to
and PATON, Stock and Sharehrokers,
2, Royal Bank-buildings.

July, 1853.
FORM OF APPLICATION FOR SHARES.
To the Auatrallan Direct Steam Navigation Company, via

Panama.
INCORPORATED BY ROYAL CHARTER.
I request you win allot me - Shares or any less number
of Shares, of £25 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 1853.
Letters and Notices to me may
•
be sent by Post addressea

Profession or Trade
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