The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1844-10-15 00:00:00

PROSPECTUS OF THE LONDONDERRY AND
ENNISKILLEN RAILWAY.

CAPITAL. £500,000, in 10,000 SHARES of £5O each.
DEPOSIT, £2 10s. per Share.

~.....„...--,
e
ufxeci
soff....)4trfil x.ra E.
mont, Lieutenant of
of Roden.
T-_
Earl of Wicklow, Lieutenant of
_ __
T.
J
1P

PROVISIONAL COMM
Right Honourable the Earl of c;
the County Tyrone.
Right Honourable the
Right Honourable
the County
Right Hono•

tow.
Ile the Earl of Erne, Lieutenant of the

County Fermanagh.
Right Honourable the Lord Mayor of London.
Sir Robert A. Ferguson, Bart., M.P., Lieutenant of the
County Derry.
Sir James S'ewart, Bart., Fortstewart.
Sir Edmund Heyes, Bart., M.P. and D.L.
Sir Robert Bateson, Bart., Castrues, J.P.
Alderman Humphrey, M.P., Governor of the Honourable
the Irish Society.
The Honourable H. A. Cole, M.P. for Enniskillen.
Rev. John Grey Porter, Belleisle.
Colonel Barton, Waterfoot, Pettigo, D.L.
Wm. R. Collett, Esq.,
Wm. H. Thomas, Esq., Directors of the Chester
Ni 7 m. E. Ferrars, Esq., and Holyhead Railway.
John G. Frith, Esq.,
Ninian B. M'lntire, Esq., Clover-hill, Dublin.
Conolly M`Causland Lecky, Esq., Londonderry.
Hugh Lyle, Esq., Carnagarve, D.L.
William Brown, Esq., Cumber-house.
George Hoyte, Esq., Eden-1
more, Raheny,
Wm. Henry, Esq., Mount- I
joy-square, Dublin, Directors of
Thomas Mooney, Esq., KU- t the Dublin
macud-house, [& Drogheda
Richard Wright, Esq., Pem- Railway.
broke-place, Dublin,
Peter Eckersley, Esq., Hol-
lybrook-park, Dublin,
Edward Atkinson, Esq., Carrh kbrennan-
house, Dublin, Director Dublin and
Belfast Junction,
John Stratton, Esq., Dundalk,
William Hazlett, Esq., Mayor of Derry. •
William Macky, Esq., Derry.
Patrick Gilmour, Esq., Derry.
Andrew A. Watt, Esq., Derry.
Hobert M'lntire, Esq., Derry.
James T. Macky, Esq., Derry.
J. W. Johnston, Esq., Troy.
William Leathem, Esq., Thornhill, Derry.
John Munn, Esq., Derry.
Robert Bond, Esq., St. Columb's.
William F. M'lntire, Esq., Derry.
John Leathern, Esq.. Decry.
Oliver Bond, Esq., Pennvburn.
Francis Rogan, Esq., M.D., Derry.
Stewart Gordon, Esq., Derry.
Pitt Skipton, Esq., Secretary, Shipquay-street, Derry.
Sir John Macneill, Engineer, LL.D., F.R.S.
SOLICITORS.

1 Directors of
the
L Enniskillen
c and
1 Dundalk
Railway.

rimothy Tyrrell, Esq., Guildhall, London, and Samuel
Law Crawford, Londonderry.
BANKERS.
London.—Messrs. Hanbury, Taylor, and Lloyds.
Liverpool.—The Bank of Liverpool.
Manchester.—The Manchester and Salford Bank.

IRISH BANKERS.
The Bank of Ireland and its Branches.
The Provincial Bank of Ireland and its Branches.
Royal Bank, Dublin.
Northern Bank, Belfast.
Belfast Bank.
Ulster Bank, and their:Branches.

THE Act of Parliament will provide, that no person
I. shall be accountable beyond the amount of the Shares
-uhscribed for.

The services of the Provisional Committee are gratuitous,
and their functions will cease as soin as Directors shall
have been appointed under the Act incorporating the
Company.
The proposed Railway is intended to commence at the
city of Londonderry, and pass through or near the follow-
ing towns and places :—Carrigans, St. Johnston, Stra-
bane, Lord, Newlownstewart, Onagh, .Dromore, Kit-
skerry, Trillick, and Ballynarnaltard, and terminate at
Enniskillen, being fifty-seven English miles. At Ennis-
killen► this line will join the proposed Railway from thence
to Dundalk, and thus form a direct communication from
the northwest of Ireland to the east coast and to Dublin.

A Branch Railway to Lough Swilly is contemplated,
whic:l will join the above Line at Carrigans.
This Line was surveyed, in 1836, by Mr. GEORGE
STEPHENSON, and has recently been surveyed by Sir
JOHN MACNEILL. Each has chosen the same district,
and nearly the same ground, and, from the reports of both
these eminent Engineers, the Line is so favourable that
the natural surface of the ground will form a considerable
part of the level of the intended Railway, the Line, in its
entire length, not exhibiting any tunnels, viaducts, deep
cuttings, or heavy embankments.

The construction of the Railway will be particularly
easy. Not only are the levels favourable, but the best
materials are to be found close to the line throughout.
The land to be purchased will not be expensive ; the
public roads to be crossed and diverted will occasion very
little cost ; few bridges will be required for the length of
line, and these can be cheaply erected.
The estimate of the expense of the formation of the line,
in 1836. (before Railroad-making was so generally under.
stood,) by Mr. George Stephenson, at A:310,000 for a single
line of rails is, perhaps, the best evidence that can be of-
fered of the very favourable character of the line ; and the
recent report of Sir John Macneill most fully confirms the
estimate of Mr. Stephenson. Indeed, had the same con-
fidence existed in 1836 which now prevails in England, as
to the security of property in Ireland, this Railway would
have long since been in existence.
The prospects of rumuneration to the promoters of this
undertaking are unusually satisfactory. The country
through which the line is to pass is fertile, and, in many
places, well cultivated. It at present yields a large sup-
ply of cattle, corn, flour, butter, flax, and various other
products to the exports of Derry, and the projected Rail-
way will speedily develope the resources of this already
productive district. The population also is dense, and
guarantees many advantages necessarily arising from the
intercourse between populous districts. It may, there-
fore, be very fairly assumed, that the present traffic will
be greatly augmented, and that the increased imports into
this thickly-peopled country will much improve in com-
fort and health the labourer and artizan, give new energy
to the whole working portion of the inhabitants, and
thereby tend !o the improvement of their moral condition.

The tt affic Returns for the present project are not yet
complezed ; but those made in 1836, with great care, are
here set forth ; and as the trade has since then much in-
creased, this data may be safely adopted whereon to form
an opinion of the estimated profits. T►ie following calcu-
lations were made, in 1836, under the direction of Mr.
Stephenson, from a detailed account of the existing traffic
then taken:— £ s. d.
Revenue from Passengers
Ditto Goods, Cattle, &c 30,423 6 8

54,619 10 8
To which add, for Mails & Parcels. 3,500 0 0

Deduct one-third for Expenses

58,149 10 8
19,383 3 6

Nett Revenue..
from the Trunk line, the cost of which is estimated at
£400,000.
The foregoing calculations were made at very moderate
rates of carriage, and only the pfincipal articles of Export
and Import taken. Various minor articles, the aggregate
amount of which would be inconsiderable, ht.ve not been
noticed, nor has anything been put down for the internal
trade between town and town and the districts of country
adjacent to the line. The important article of Coal (a
large quantity of which now goes into the interior) has
also been omitted, because it is hoped, that on the opening
of the Line, a complete change will take place in this trade,
and that Derry and the other towns will draw
sup-
plies from the veins of Coal known to exist in the County
Tyrone. In either case, that article must yield a large
Revenue to the Railway, which cannot at present be esti-
mated with any degree of certainty. Although credit was
taken, in 1836, for the usual increase of the then existing
traffic on the items taken into account, yet there is no one
acquainted with the country through which the Line will
pass who must not feel that the increase consequent on
the opening of the Railway is likely to be beyond former
precedent. A great portico of the Lands within the in-
fluence of the Line are now not half cultivated ; the mi-
neral resources of the country are locked up for want of
the means of distribution ; there exists, on the edge of the.
proposed Line, immense unemployed Waterpower, avail-
able in the driest seasons, which is likely to be the means
of giving employment to an increased population; and, at
the terminus, -there is the populous and thriving town
of Enniskillen, situated at the junction of Upper and
Lower Lough Erne, having districts thus connected with
it as extensive as those from which Derry at present de-
rives its exports, although it has, hitherto, done little in
the Corn, Flax, or Provision Trade, the long land carriage
to the shipping port being too expensive fcr such heavy
articles.
It may, on the whole, then, be fairly assumed that there
will be a great increase of both Expo ts and Imports, hav-
ing regard to the present means of a quick and easy com-
munication with England and Scotland, through the Port
of Londonderry, from which first class steamers ply regu-
larly to Liverpool, Glasgow, and Fleetwor,d.
To the above must be added the expected advantages to
be derived from the branch proposed to be speedily made
to the Lough Swilly, as it will open a considerable por-
tion of the County of Donegal, possessing great natural
resources, and make provision for an extensive traffic
which exists between the City of Londonderry and the
country West of that Lough, containing a population of
about 1.00.000 inhabitants, most of whom have been obliged
to carry on their intercourse with Derry by inconvenient
and circuitous routes. In addition to this, a new and ex-
tensive traffic in Passengers over the whole Line to En-
niskillen, not hitherto calculated on, is expected to arise
from this Branch by the inhabitants of the inland coun-
ties resorting to several desirable sea-bathing places on the
shores of Swilly.
As the Trunk Line has been laid down, other Branches
to the westward are likely to be made, and afford cons.i-
derab!e tributary streams of traffic. The priiposul Line
from Enniskillen to Dundalk will form the connecting
link between
.Derry and Dsblin, as already stated; and
further connexion and advantage will result from a Line
of Railway, now under survey, from Derry to Coleraine,
under the auspices of influential parties in London.
It is important not to lose sight of the fact, that of two