The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1845-11-11 00:00:00

RAILWAY INTELLIGEINGE,

than sixty-two reporters were present at the
s meeting on Thursday week, when Mr.

No fewe
EaFtern Count

on took place on- the Grea

t Western Railway
A train ran into a

during the fo

on Tues.

was full of pigs, was dashed to pieces,

l; the

The LonC

ecial

but only one pig

Coutpanv, on Friday, the proposal to lease the line to the °bi
Great Western Company was negatived by a large majo tY
-
rity. A lady attended the meeting, and frequently gave n

expression to her sentiments.. tk
NEW RAILWAY `WHISTLE.—Mr. Bamfield, organ- u
builder, of Birmingham, has invented a new railway cdi
whistle ;by a very simple arrangement the guard is able E
to give a signal instantly, and if necessary, vary it so as t(
to be perfectly understood by the engine-driver,. a

and Darlington Company, has offered to take the Durham
and Sunder land Railway, with all its 1 abilities, amounting
to £300,000, paying the shareholders £3l 10s. per share;
and his offer has been accepted.

RAILWAY SPECULAT: oN.—An advertisement which
rs in the Morning Herald gives a hint of a domes-
iv, which, we fear, does not stand alone in these

tic trag,

It runs thus

days of universal speculation
tleman who left his home the early part of this week, ow-
ing to difficulties in which he is become involved by rail-
s thence arisimr, is most ear-

ways, and other transact'
nestly solicited to communicate, personally or by letter,

with his relation of the same fa

A still

ince of the won

rful power c

mercantile cre
1-kranoll

it has just occurred

The chief of the

Rothschild A

ately declared, in cor

ction with

e distribution of shares 100,000 !:a
,5tbc,4,0,1 Thoce clanrea rnalicr.

been awarded to

fluence of Rothschild's 'name, a premiuni of 400 f. each.
This premium makes the profit that Rothschild might

!posed, forty millions, or in our money
And to have this immense sum, he has done

£1 , 600,000

nothing but permit the railway to oe awarded to him !
If he waits a few months, the £1,600,000 will be nearly
doubled!

CLERGYMEN RAILWAY DIRECTORS.—The Bishop of
Exeter's letter having caused much discussion on this sub-
ject, and it being desirable to have eminent legal opinion
as to the law of the case, Mr. W. B. James, the soticitor
to several railway companies, has obtained the opinion of
Me_ R_ L. Richards. as follows :---` I am of opinion that

g any cathedral preferment, bene-
'ip, or who should be licensed, or
allowed to perform the duties of any ecclesiastical office,

fice, curacy, or lectu

not, however, resist the tempts
" the people threfeened to overwhelm me with their li- members of the provisional committee of a rail
berality." Mr. O'Connell makes the same excuse for pany, or in any•way personally interfere in the manage-
not refusing the tribute—but there is this difference be- ment of the affairs of the said company; but I do not
tween the Liberator and the priest, that the former applies think that their acting in such capacity will invalidate the
the " overwhelmingliberality" of the Irish peasantry to parliamentary contract, or subscribers' agreements, exe-
the use and behoot of the Laird of Derrynane, whereas, cuted by the subscribers to the company. I am also of
according to the latter, he intends his levies for " charit- opinion that spiritual persons merely licensed to perform
able purposes." the duties of any ecclesiastical office are amenable to these
EMPLOYMENT FOR THE IRISH.—A. correspondent of latter acts of parliament ; but if they possess no benefices,
the Dublin Mail, who signs himself "A. member of the curacies, or lectureship, &c., the punishment appears to
legislature," says that be believes that two-thirds of the be suspension, and. upon a third offence, deprivation of
potatoe crop will be preserved for the people, and sug- office only."
gests, as an appropriate remedy for the impending evil, The present value of railway property should be care-
the employment of the people in the fisheries of Ireland, fully estimated by all who have escaped the disasters of
which he says are capable of supplying food to an incalcu- the recent prospectus mania, as that value ought to be
'able amount. It appears, however, that the gear of the reckoned, not by the casual fluctuations of the market,
boats of the fishermen is so miserable that they are afraid but by the actual returns which are received from the
to venture out to sea: and the writer suggests that, as the steady working of the property. We have before us the
Scotch receive £l4 000 for the encouragement of their returns of the railways fc.r the last four months, being
fisheries, something should be done to put the Irish fish- two-thirds of the current half-year. From this we find
ermen's boats in sailing trim. He adds, in justly indig- that the aggregate receipts of this half-year are greater
nant language, £1.300,000 has been expended over Union than those of the latter half of 1844 at the same date, by
Workhouses. £lOO,OOO has gone to pay the salaries and about £380,000. These data enable us to estimate the
charges of the commissioners. If one-twentieth part of value of the railways of England as at this moment greater
this money had been laid out in giving employment of a than at the corresponding period of last year by nearly
reproductive nature, such as encouraging our fisheries, we twenty millions, and this is decidedly an under statement
probably should have had two hundred thousand persons of the fact. In the midst of our prospectus consternation
in a comparative state of prosperity, willing and able to it will be wise to take note of this. Of this large increase
supply the public with immense quantities of food at a we perceive that £31,000 belong to the Dover company,
very low price. While the poor-law system has been £13,000 to the Newcastle and Darlington, £9,000 to the
gorged to repletion, the fisheries of Ireland have been Sheffield and Manchester, £6,000 to the Preston and
starved to death. Wyre, £50,000 to the Midlands, the London and Croy-
don £20,000, the London land Brighton £14,000, the
London and Birmingham £45,000, the Great Western
£24,000, the Grand Junction £42,000, the Eastern Coun-
ties £25,000, and the Edinburgh and Glasgow £9,000.

on, because

VIC. C. IlIt),

THE ELAND. CONDITIONIR OF E PEOPLE OF
THE

The condition of certain districts in Ireland has long Railway Chronicle.
been a puzzle to those who live in better governed En- RAILWAY ADVERTISING AGENTS.—On Friday, Mr.
gland. We have wondered at the impunity with which Ratbbone, the secretary of the Leicester and Tamworth
Junction Railway, attended before the Lord Mayor to
murder after murder has been committed in Ireland , •
answer a complaint of Mr. Lewis, advertising agent, for
and while as Journalists, we have been compelled to an assault. The circumstances were stated to be as fol-
record the horrible crimes which have disgraced the lows :—Mr. Lewis had sent in an account to the com-
annals of that country, we have done so with misgivings pany for £406 61, and on Wednesday labt received a
as to the correctness of information, and the fact that check, drawn originally for the full amount, but after.
human nature could be found so depraved as to warrant wards altered to the sum of £3OO. When the check was
the facts of the disgraceful occurrences which we have presented. the banker refused to pay the amount, on ac-
bad to chronicle. The evidence however of the Times count of the alteration not being verified by the initials of
" commissioner," dated " Roscrea, Tipperary, Oct. 30," the three gentlemen who drew the check. Accordingly,
fully warrants the worst which we have had to say, as to the complainant, with his clerk, waited on the secretary,
the lawless and murderous state of society in that part of to state these facts. That gentleman said that, under the

oared to become carriers themselves. (Hear, hear.)
The hon. gentleman having gone at some length into the
benefits likely to arise from the amalgamation, &c., the
secretary read the report, from which we give the
principal passages :—ln reference to the amalgamation
,on and Brighton has amalgamated with the b-tween the London and Birmingham and the Grand
London and Croydon. £5O shares in the Brighton are Junction Companies, the report states, that a balance
to be considered as £5O, and .£2O shares in the Croydon of adjustment was struck, and adds—
as £lB 108., an every less share in either company is to "In virtue of this adjustment the London and Birmingham
be considered in the same relative proportion. capital is taken at £8,653,7.50, and the Grand Junction capital at
-..ting of the Bristol and Exeter Railway X 5,78,9,560, making together a consolidated fund of £14,442,316,
. the future dividends of the amalgamated companies are to

LI Wllll.ll LUC • MY,GIa, •
e calculated, and for this purpose the receipts are from and after
he Ist July last to constitute one common fund. In regard to the
aanagement of the amalgamated concern, it is mutually agreed
hat for the first five years there shall be one united board, whose
aeeting, shall be held monthly, or as may be found convenient, to
onsist of members selected in the first instance from the present
lirection of each company, in the proportion of eight London and
3trraingham directors to six Grand Junction. The united board
o discuss and settle all matters of general policy. The London
Lnd Birmingham line proper being worked in respect of all details,
inder a committee sitting in: London, composed of twenty-four

ctors, and the Grand Junction proper being worked, as respects
letails, under a committee sitting in Liverpool, and composed of
teen Grand Junction direCtors, or sub-committee of either

Tpeciively." The report refers to the increased means which will
afforded by the amiygamation, of "providing for the convenience

the public, and of adopting such moderate rates and fares as
not fail to be satisfactory to them." It then states the terms of
altered agreement with the Manchester and ' irmingham Com-
iy, viz. that the capital of the Manchester and Birmingham Com-

aui.shall be taken at £2,800,0"0, £700,000 of which is not to be
entitled to any dividend before the Ist February, 1849, but may be
capitalised at any time. The powers of the Manchester and Bir-
mingham Company under their acts to raise additional capital are
not to be exercised, without the consent of the London and Bir-
mingham Company to guarantee to the Manchester and Birming-
ham Company a dividend of eight per cent from the Ist February
to the 31st July, 1846, on the paid up capital of £1,440,000.
From that date to the Ist of February, 1847, at the rate of nine
per cent per annum on the portion paid up of the capital of

£1,800,000, at the same rate on the portion paid up of the raptal of
£2,100,01.0, and from and after the Ist February, 1848, a dividend

ui the same capital, at a rate equal to wha

a total capital of £2,1

as the capital 0f.X2,100,000, making

The Chairman then moved a resolution, which set
forth the terms of the proposed amalgamation of the Lon-
don and Birmingham Company with the Manchester and

Birmingham Company.
Mr. William Entwisle would give a most decided denial
to a rumour that he had been very busy in obtaining pro-

xies against the proposal of the directo-s : there was no
truth whatever it, the report. He certiinly thought that
the Manchester and Birmingham Company had obtained
terms much too advantageous, and he said that the ac-
counts on which the agreement had been founded ought to

be laid before the proprietors, and time given them for
considering them. He would net move any amendment,
but he certainly would hold up his hand against it.

impressed under very considerable alarm ; and although
he saw that the offer they made was very much aeainst
their own interests, it was not his duty to point it out.
The directors bad gone minutely into toe figures fur-
nished by the Manchester and Birmingham Company;
they believed they were fully correct; and unanimously
recommended the proprietors t, sanction the agreement.
Besides, proprietors would easily see that there were other
considerations which ought to induce them to take steps to
prevent that line falling into other hands.—(Hear, hear.)
Toe re-olution was then put and carried, with only one
dissentient—(Mr. Entwisle.) —The resolution for the
amalgamation of the London and Birmingham Company
with that of the Grand Junction then passed by acclama-
tion. Another resolution was passed, granting powers to
the directors to carry out the preceding motions. After
a vote of thanks to the chairman and directors, the pro-
ceedings terminated.