The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1846-09-08 00:00:00

UNIVERSITY 4- CLERICAL NEWS.

The Bishop of Calcutta embarked on Monday at Ports-
mouth, on board the Prince of Wales, an East India ship,
to return to his diocese.

Within the last few weeks, property, which it is conjec-
tured may yield little less than £lOO,OOO, has been be-
queathed to found a University at Manchester.

The Rev. Dr. Warneford has forwarded a further dona-
tion of £lOOO to Queen's College, Birmingham, towards
a foundation for a resident medical tutor and adviser to
the students.
The Rev. John Usher has offered to subscribe a sum of
£lOO in aid of the funds of the school for educating the
daughters of the Irish clergy, provided a sum of £2OO
shall have been subscribed in three months' time, dating
from the Ist of August, by the public.
AWFULLY SUDDEN DEATH.—On Tuesday, the Rev.
John Topping, incumbent of Camerton, was found lying
in a lane, leading from Seaton to the shore, quite dead.
The reverend gentleman, who was much respected for his
mild and gentlemanly deportment, appeared to have left
home for a ramble, and had been seized with an apopletic
fit, which terminated his existence before he was disco-
vered.— Whitehaven Herald.

RAILWAY INTELLIGENCE.

A guard on the South Eastern Railway was killed on
Thursday morning by stepping down while the train was
in motion.

The Express Trains which have commenced running
between Newcastle and London perform the distance in
nine hours and a-half.

No less than seventy-three trains pass and repass daily
over the rails of the Great London and North-western
Company at Birmingham, and the Company have within
the last few days made another judicious reduction in their
fares.

It is said that Mr. Joseph Locke, the engineer to the
London and South-Western Company, the Caledonian
Railway, and the Yeovil lines, &c., has become the pur-
chaser of the Manor of Honiton, including the whole of
the borough. The purchase money, it is believed, was
somewhat above £BO,OOO.

The bills for rail Ways, including new lines, branches,
extensions, amalgamations, purchases, improvements,
&c., presented to parliament, amounted to about 540; of
these only 305 received the royal assent after passing
through committee in Lords and Commons, so that about
234 died either a natural death, were rejected or with-
drawn, between the date of presentation of petition, in
January and February, and the close of the session.
The South-Eastern announces that messages may be
sent by the electric telegraph, from eight in the morning
until eight at night, to its several stations, at a minimum
charge of ss. for a message for twenty words. Communi-
cations may be made at night under special circumstances,
and the communications sent by the electric telegraph
will be forwarded by messengers from the station when
required. A message to Folkestone costs 10s. Gd., one to
Dover lls.

A meeting of gentlemen interested in the Dutch Rhe-
nish Railway was held on Thursday the 3d,,at the office
of Mr. Henry Beloe, accountant, Brunswick-street. A
large number of shareholders attended, and the greatest
unanimity prevailed. The object of the meeting was to
appoint a Provisional Committee to enquire into the pre-
sent and future prospects of the Railway, and if necessary
to call another public meeting to appoint a Permanent
Committee to watch over the interests of the English
shareholders. Charles Holland, Esq., and other gentle-
men
having been appointed as thz. Committee, the meet-
ing separated.
RAILWAY SPECULATORS. —An official list has been
published of all solicitors, bankers, joint-stock bank di-
rectors, bank managers, and bankers' clerks, who have
subscribed railway contracts during the past session to
the extent of £2,000 and upwards. This list has been
prepared from official returns, and contains the names of
no less than 900 lawyers, and 364 parties connected with
banks, who joined in the railway speculation last year.
The amounts subscribed for by the solicitors ranges from
£2,000 to £154,000 for one person. The bankers are in-
dividually subscribers forimuch larger amounts, the highest
for one party being £215,000. Several of the private
country bankers are subscribers for very large sums, six
being for upwards of £lOO,OOO each, nine for £50,000 and
upwards each, and no less than seventy-seven for £lO,OOO
and upwards each, including numerous subscribers of
£20,000, £30,000 and £50,000 each.

The Wearmouth Docks have just been sold to Mr.
Hudson for £85,000, on behalf of the York and New-
castle. They are to be greatly improved, says the York-
shire Gazette, by a new outlet to the sea, and by other
important alterations in the communication with the river
Wear, and in affording better accommodation for the
shipping of the port of Sunderland. The new proprietors
expect to carry on an extensive coal traffic with the col-
lieries on the south side of the Tyne, as well as the col-
lieries on the 'Wear. The docks cost in construction a
very large sum of money beyond the subscribed capital,
and have never paid the expenses of management: so
the all-absorbing railway steps in to help the luckless
speculation. The great bulk of the purchase money will
be absorbed in the payment of the mortgage debts and
other liabilities, which have been accumulating for some
years past.
NEW LINE OF RAILWAY FROM LANCASTER TO
PRESTON.—The lessees of the Lancaster and Preston
Railway are likely enough to be placed in a position
which will induce them to be rather more accommodating
towards the public than they have hitherto evinced a
readiness to be, a serious intention having been now come
to by the Lancaster and Carlisle, and the London and
North Western companies, to form a new line from
Lancaster to Preston, which shall place them entirely
independent of the present line. The intended new line
will be a continuation of the Carlisle and Lancaster, from
the Lancaster terminus, taking a considerably more west-
wardly course, and ultimately falling in with the Preston
and Wyre line, at a point a short distance from the Maud-
land station here. A survey for a line by the intended
route was made some years ago, and instructions have
been given for the levels to be taken forthwith.--Preston
Pilot.
PROSPECTUS MANIA.—The difference in the market
value of railway stock, between the Ist of September,
1845, and the Ist of April, 1846, is estimated, upon scrip
shares alone, at sixty millions sterling ! There is no in-
stance upon record of a corresponding depreciation of
property to the same extent within the same time. The
celebrated Scuth Sea bubble and the Mississippi scheme
of the last century were confined to a limited sphere of
operation as compared with the late wide-spread empire
of railway speculation, embracing England, France, Ger.
many, and our colonial possessions; in all prodwzing si-
multaneously the like results. The transactions iq shares

of the two Pirovincial cities of Leeds and Exeter have
been prohhbly upqn, as large a scale as those of London
and Paris in the 'y'rat• :719, when the popularity of Law,
the projector, and 'Harley. Earl of Oxford, was at its
greatest height. 'rue people of Exeter are said to be in-
volved to the =mint of eight millions in new railway
projects ; an;; it is known that insolvency, resulting from
undue speculation, prevails extensively in almost every
city of the United Kingdom. War could not have pro-
duced a greater moral calamity than the last winter has
seen in England. We have gained splendid victories on
the Sutlej, and met with reverses on the banks of the
Thames equivalent to the most disastrous defeats.—Weat-
minster Review.
EDINBURGH AND GLASGOW RAILWAY.—The seven-
teenth half-yearly meeting of this company was held on
Tuesday afternoon, at Glasgow, John Learmouth, Esq.,
in the chair. From the report, it appeared that the traffic
receipts for the half-year exhibited an increase of £16,904
ls. sd, compared with the corresponding period of last
year, and that after paying all expenses, interest, &c., the
sum on hand applicable to a dividend, was £49,816 2s.
Out of this the directors recommended a dividend at the
rate of 6 per cent. per annum t o be paid on Tuesday, the
22d day of September, amounting to .£48,375, being an
increase of .£13,937 10s. upon the amount of the dividend
paid in September, 1845. After the reading of the report
the Chairman moved its adoption in a speech of some
length. Mr. Cheetham, a Manchester shareholder, re-
plied to the Chairman, and moved, as an amendment,
that the report be not received or adopted. This gave
rise to a discussion, in which gentlemen from England,
and Scotch shareholders took part. The main question
before the meeting being, whether or not the amalgama-
tion of the Company with the Perth and Clyde and Union
Canals should be approved. The English shareholders
were altogether opposed to the amalgamation, and in-
sisted that because of the conduct of the directors in that
matter, they were unworthy of the future confidence of
the company. An amendment, proposing en adjournment
for a fortnight, was negatived by 5,542 votes to 1,313 ; and
Mr. Cheetham's amendment was held to be carried by the
same majority. The meeting broke up about ten o'clock.