friend of freedom who understands the subject. Britain || would not spend a shilling-would not dim a single sword blade-to revive the feudal system in any corner of the world. Something far different from that most objectionable scheme must be obtained for Hungary. An Austrian union-or let it be called by the name most agreeable to the majority, a union of the states forming the Austrian Empire, at least, upon the basis of the United States, with an emperor for president, as all the nationalities seem monarchical-is essential to save the East of Europe, and European freedom and civilization, from those dangers that now threaten them, and impend over the dearest interests of mankind. If Viscount Palmerston can effect that object, he will earn the first place amongst the world's diplomatists, assist most signally the cause of the world's freedom, and effectually crush and disappoint the world's greatest political enemy.

||

maritime powers. They reckon correctly, if they can get all the ships of all the maritime powers into one fleet; but they would discover, like Dembinski and Georgey, that difficulties sometimes exist in the way of a junction. This treaty of Warsaw would prove, in that case, a costly affair for us; and, as yet, we know no thing of the fate contrived for us after we are beaten on the ocean. What is to be done with us on the land? Are we to be partitioned, or only winged? Is France to have Ireland-Russia to get Hindostan-and Prussia this small British fief, holding under its principal until the proper time arrives for fusing the world into one mass of cream-coloured and lifeless despotism?

The dream is not worse than any other vision of politicians. Stung by their danger, and flushed by the victory over democracy, the allied powers may propose to crush the life of freedom out of Europe, and they may consider our own country as the heart of European liberty. We can be thankful for the compliment, without consenting to the fate mapped out for our country. If the war of opinion, foreseen by George Canning and Napoleon, is but commencing-if we are compelled to join the struggle, that is, if we are to be attacked, the result will be ruinous to freedom or to despotism; for it is not probable that we should take the cost and the sacrifices of a great war without making the end of those who cause war its only day of peace. War, on any pretence of this nature, would terminate in the dethronement of more than one European prince, and the extirpation of more than one dynasty.

The realization of these dismal forebodings is not, we think, a matter to be greatly feared. The powers of the Continent will find work sufficient within their own frontiers. But now, passing from speculations to facts, how stands the progress of free institutions at the end of August, 1849? France threw out the Orleanists in February, 1848; and has now done an act of high daring against freedom and the independence of a foreign state, such as the Orleans dynasty would have trembled to attempt. France is, therefore, worse than before the Revolution, for the name Republic may cover the most unmitigated despotism. The Germans stand where they were previous to the great bloodshed of 1848 and 1849, amongst the German States; or worse than they were, because the friends of despotic principles, being forewarned, are forearned.

Another rumour in explanation of the Hungarian surrender has been circulated in many quarters. It is alleged that the arrangement was formed at Warsaw, as one article of a coalition-Europe against England. Russia, Prussia, France, Bavaria, and Austria are, by this statement, our signed, sealed, and sworn enemies. Belgium goes to France, as the price of the Republic's adhesion to its own destruction; Austria has, probably, leave to live, as its part of the spoil; Bavaria may get the incorporation of three or four smaller German states to swell it into respectability; Prussia, we presume, is to obtain the lead of Germany, and Hamburgh-perhaps all the Hanse towns- as the price for breaking its alliance with Britain. Russia may look for the Bosphorus, for Elsinore, the Black Sea, and the Baltic, on its private account, in course of time, and the Danubian provinces for a present instalment. According to this statement, we have got, through foreign secretaryship and sympathy, into a serious mess. One speaker, at a Hungarian meeting, in reference, probably, to the topic, assured the audience that it would be better to fight the Russians|| on the Danube or the Theiss than on the banks of the Thames or the Clyde. We cordially concur in the sentiment, if these Tartars and other tribes must be fought with and crumpled up, as Mr. Cobden has it. Some foundation may exist for the statement, because the French Government are believing in a strong delusion, and imagine that they can restore either the Bourbons or the Empire. The European powers, will - || ing to injure Britain for its sympathies, its feelings, The worst feature in the German case is that the and the refuge afforded on our shores to the outcasts, struggle between kings and people was stained with and, following out their common restrictive commercial so gross errors in the name of the people, that their policy, may be inclined to make Europe up in a grand success was not very desirable. The blood unjustly Zolverein, and keep or put us "out of the play."shed in Denmark cries against the authors of these Their plans may be successful in some measure, without the ultimate resort of angry monarchs-war; but their subjects may discover that they have to make their market in two ways. They have not only to buy, but to sell; and if they can do without our trade, we believe that we could get through the world without their business. Naples has joined the coalition, for we really injured Naples, and the king of that country has wrongs to resent. All the smaller powers, we infer, fall into the arrangement, as a matter of course and compulsion. Those well-initiated persons who profess to know the whole matter say that the coalition reckon on beating us at sea, by the united forces of all the

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errors. Italy is again crushed down without union or a constitution. Sardinia comes out of the contest with the loss of a king, an army, and six or seven millions sterling. The Roman Republic is trampled under the feet of republicans; and the Inquisition is re-installed in power by the arms of freethinkers. Sicily is again united to Naples, and the Neapolitans have probably lost their constitution. Lombards are subjected to Austria, without any share of that legislative representation which they were promised. Hungary is beneath the feet of the Austrian and Russian Emperors. Baffled and beaten, revolt has a shelter on one spot alone, on the shores

The

of the Adriatic, amongst the old lagoons and canals of || sword. The reasons are obvious, for the season was Venice. The roused lion of St. Mark has evinced badly selected for a French attendance. The legislamore of the old Italian spirit than the Roman eagle; tive session is over. All the residents of Paris who and if Italy should ever regain its old independence, can leave the metropolis have fled to the country. and embrace all its geographical boundaries, under Like London, the capital of France is abandoned. one system of government, Venice, that has in course Still, some great men remained behind, to speak for of its ancient and modern history defied Sultan and peace in France. The Archbishop of Paris writes in Emperor, should be the metropolis. But Italy cau its favour. Beranger, the Burns of France, gave in" never attain that position without stretching beyond his adhesion. Victor Hugo, the Walter Scott of it. An Italian republic or an Italian kingdom, with || French novelists, presided at one of the meetings. Trieste and Venice incorporated, must sway the des- M. Gerardin, the most assiduous and one of the most tinies of Croatia and Hungary. This is the wretched influential French journalists, addressed the Congress. end of an eighteen months' struggle for freedom; and France was not, therefore, unworthily represented; the game might have been better played. while the facilities afforded by the Government, and the attention shown to the members of Congress, de-. served praise. Some of the ideas promulgated at the Congress we reject, and adopt others. The cosmo

THE PEACE CONGRESS.

applicable to states-we reject. We have a country—”
we love it better than any other country; and by so
doing, and so continuing to do, every man will best
promote the world's welfare in his own sphere.
We do not, however, carp at little differences of
this nature. Great designs can never be carried for-
ward without them; and if the Peace Society can smooth
prejudices, can increase national intercourse, reduce
the costs of postage and transmission of information,
can abolish or lessen hostile tariffs, can make nations
know each other better and love each other more
than they have hitherto done, can in a century pre-
vent a battle and lengthen out a thousand lives, it
may be fully forgiven for the errors of some members
and the eccentricities of others, and receive, notwith-
standing them, a sincere "benison" from all whom it
may encounter.

On the 23d, 24th, and 25th of last month, this body, consisting of a few American and German representa-politanism-the fusion of nations--the communism tives, a larger number of Frenchmen, and a very large number of British subjects, comprising several Members of Parliament, met at Paris. The principles of the Congress fall short of the mark made by the members of the Society of Friends. The Peace Congress contemplate the employment of all proper means calculated to prevent international wars-a description of contest that, excepting the Danish and German war, seems out of date in Europe. Here the divisions of nations go to war with each other, and are successful in the work of mutual destruction. The object of the Congress is surely most desirable. Peace is the best of blessings, after freedom; and although peace at any price forms no article of our creed, yet few wars have occurred in which both parties were not partly blameable, and wherein much evil might not have been prevented by arbitration. One American gentleman proposed to have a court of nations ready made for the pacification of differences as they originated. Mr. Cobden put down that idea in a way, and by an argument, which throw light on his principles regarding peace. He objected to a court of arbitration, because the appointment of referces and an umpire would be better made for each occasion that arose than on any general system. He said, for example, that in a quarrel on naval or military grounds, an admiral or a general officer would form the best arbiter. So far he is correct; but the opinion presupposes the continued existence of admirals and generals, the permanence of a military force, and thus becomes a very practical effort, in which a great number of people may join to induce nations to give peace a preference over war, and to bear long and suffer much, even of positive injury, before they commence a career of destruction and slaughter.

Mr. Hindley, M.P., and the phonographists, suggest one great means of doing good-too visionary, perhaps, as yet, but not impracticable. Mr. Hindley complained that he had learned to read without being able to speak the French language. The complaint would be remarkably common if we were all quite candid. The phonographists attempt to reform our orthography, for the purpose of getting us to pronounce what we write. Their scheme is stenography, as all reporters know, produced under a new dress, and not quite so efficiently as many persons have practised the science under its old name. If their plan had been adopted two centuries ago, and maintained ever since-if we had changed our orthography with our pronunciation, very few living men would have read Shakspeare. Sir David Lyndsay of the Mount tries the reading powers of most Scotchmenmore than sufficiently. It would be better, as we have a number of letters pretty well known over Europe and These views have been expressed by good men in America, to adhere to them, to cashier the idle sineevery age. Gradually the number of their advocates curists amongst them, and to fix definitely their powers has increased. Few military leaders of the present and sounds, in the hope that we might abide by the day refuse to them a theoretic recognition. Few writers law of nations in our pronunciation hereafter. If someadvocate war, with the exception of one friend of ours, thing of this kind could be effected, to read and to speak who lays it down that the sword prevents pestilence-a foreign language would be one acquisition. Howan idea at variance with the experience that has associated them as perambulating the world together. Famine, sword, and pestilence, like Macbeth's three witches, boil their different ingredients in one cauldron. The French gentlemen present at the Congress as members were not numerous from the classes of note and consideration in politics, literature, science, or the

ever, the scheme will be too visionary for the present day. We must wait awhile before that change ean be accomplished. It has been said that the French Government has thrown cold water on the Congress, by setting the fountains to play in honour of the members. Cold water has been showered on many things that rose at last,

RAILWAYS.

Is the month of July there was scarcely anything to notice in this great department of joint-stock investment, with the exception of the damaging report of the York, Newcastle, and Berwick Railway Committee of Investigation against Mr. Hudson-the particulars being so generally known that we need not name them here. The Railway King's " "cooking" and monetary transactions were so extensive and irregular, as to lead the shareholders, at a special general meeting held. in the course of the same month, at York. to direct legal proceedings to be instituted against him for a large sum which, it was alleged, he had illegally appropriated. The month of August, however, has amply compensated for the dulness of July; for in this month we have had a large proportion of the half-yearly meetings of the leading companies. We have endeavoured to place before the reader all the material points.

bonds and preference shares, £11,400 10s.; property tax, salaries, &c., £596 12s. 7d.; half-year's rent of railway, and interest on bonds, &c., £20.218 12s. 9d., leaving a balance in favour of the company of £8,221 10s. 2d.

A dividend of 3s. 94. per share, free of income-tax, was declared unanimously.

Ceylon Railway.-The third ordinary meeting of the shareholders of this company was held in London on the same day, -Mr. W. Tindall in the chair. It was resolved, in the present state of affairs, to suspend all operations for another year. The retiring directors were re-elected.

Cockermouth and Workington Railway.-The half-yearly meeting of this company took place at Cockermouth on the same day. The receipts were £117,758, the expenditure £126,963, leaving a balance against the company of £9,205. The revenue account for the half-year showed that £3,498 had been received, and £3,021 expended, leaving a balance of £176. The report was adopted, and a dividend of 2s. 6d. per share, clear of income-tax, declared.

Kendal and Windermere Railway-The half-yearly meet

North Staffordshire Railway.-The half-yearly meeting of this Company was held at Stoke-upon-Trent, on Monday. August 30. The Parliamentary estimates were £2,800,000, and the estimates for the stations, carriages, engines, working of this company took place at Kendal on the same day." shops, and three years' maintenance of way, amounted to £490,000. The claims for minerals, and other claims for land, £150,000. The extra Parliamentary expenses amounted to £74,000, making the gross total for the construction of the whole of the works £3,514,000. The opening of the whole line has been effected at an expenditure of £3,400,000, being £114,000 under the estimate given in. The estimate was £2,800,000 for making a line from Colwich and from Macclesfield to Burton and Wellington, with branches to Norton Bridge, Sandbach, and Crewe. Out of the receipts of the Company, so far as the scheme had been yet opened and worked, a dividend of 3s. per share was declared.

Namur and Liege Railway.-The annual meeting of the shareholders in this company was held in London on July 28. The report stated that, from the commencement of the lines in 1815, to the 30th June last, there had been expended as follows:

Construction of the lines, Rolling stock and stores, "Dividend to shareholders,

£763,492 4 6
78,247 18 9
48,883 3 8

£890,573 6 11 North Wales Railway.-A special meeting of the shareholders in this unfortunate scheme was held in London, on The diJuly 31st, to receive a report from the directors. rectors' report stated that

The total amount in their hands, according to the last returns, £20,769 8 10 20 0 0

was

Furniture (say)

The capital account showed that £165,153 13s. 4d. had been received, £182,875 13s. 5d. expended, leaving a balance of £17,722 Os. Id, against the company. The revenue for the half-year ending 30th June, was £3,916, and the expenditure £2 390, leaving a profit of £1,526, less interest £929; balance £697. The balance from the former traffic account amounted to £2,300, making £2,997, out of which interest on preference shares, £23, had to be deducted, leaving £2,173 in hand, and showing that the traffic does not even pay the interest on loans and preference shares.

East Lancashire.--The half yearly meeting of the shareholders of this company was held at Bury on the same day. The aggregate receipts for capital were £2,967,764 23. 5d.. and the expenditure £2.938,886 11s. 6d., leaving a balance of £28,877 7s. 11d. The receipts for the half-year amounted to £64,717 10s. 8d., and the disbursements to £27,931 158. 64d., leaving a balance of profit of £36,785 15s, 2d, 754 miles of the company's scheme are open.

A dividend at the rate of five per cent per annum on onequarter shares, and six per cent. per annum on the preference quarter shares was declared. The following resolution on cheap Sunday trains was adopted:-"That cheap trains run on a Sunday, but that no such trains be permitted to be on the line later than half-past 9 o'clock in the morning, nor earlier than 5 o'clock in the afternoon."

Wold Railway,-On August 2, an adjourned meeting of this company was held at the offices in Moorgate Street. The business was to forfeit 3,156 shares, the calls on which were in arrear.

Reading, Guildford, and Reigate Railway.-The half£20,789 8 10 yearly meeting of this company was held in London on same day. The entire works of the company were completed and really for opening. The following accounts are for the half

Leaving a balance of

£18,880

year:

ww

£1,459 8 10

To amount received on calls
Interest on ditto

Transfer fees...

£48,321 12 10
0
105,281 0
871 1
51 2 6

£154,524 165

to meet all liabilities and future charges.
After a somewhat stormy discussion, a resolution was
passed that this report be received, adopted, and acted
upon.

St. Helen's Canal and Railway.-The annual meeting of this company took place in Liverpool, on same day. The report showed an increase of £2,169 over the previous year, while the working expenses had been reduced £185. The revenue account showed the receipts for the half-year on the canal and railway to be £14,961 19s. 2d., and the disbursements to £6,425 17s. 8d., leaving a balance applicable to the payment of interest on loans and dividends of 48,536 1s. 6d., and a net surplus, after payment of interest and guaranteed dividends, of £1,973 8s. 4d.

The report was adopted; and it was unanimously resolved that the directors be authorised to issue debentures, under the seal of the company to an amount not exceeding £50,000.

Liverpool, Crossby, and Southport Railway.-The halfvearly meeting of the shareholders in this company was held in Liverpool ou same day. The balance-sheet showed that £96,800 had been received, and £91,764 expended. The revenue for the half-year had been £3 033, and expenditure £1,738, leaving a balance of £1,295; out of which a dividend of 2 per cent. per anuum was declared.

Newry and Enniskillen Railway.—The half-yearly meeting of this company was held in London on the same day, The report stated that "the resistance which continues to be offered by Government to applications for aid tɔ railways

in the north of Ireland, had been the means of further pro- to the 30th June were £62,114 14s., the expenditure tracting the construction of the Dublin and Belfast June- £58,927 17s. 7d.. leaving a balance of £3,186 16s. 5d. tion line between Gorah and Portadown." The capital ac- Chester and Holyhead Railway. -The half yearly meeting count to the 30th Jane, showed that £97.222 had been of this company was held at Loudou on August 15. Accord received, and £85,984 expended, leaving a balance of £11,238|ing to the report submitted, it appeared that the traffic rein cash and debentures. The report was adopted, and the ceipts on the railway from the 1st May, 1818. to the 30th forfeiture of 1,815 shares was declared, and that, along with June, were £78,786 3s. 7d., and the expenses £51,475 10s. 8d., 4,800 others forfeited at a previous meeting, they should not including £20,45% for locomotive power to the London and be sold, or otherwise disposed of, without the sanction of a North-Western Company, leaving a profit of £27,310 12s. Ild. general meeting. The steam-boats from the 1st of August, 1848, to 30th June, 1849, earned £6,883 8s. 3d., during which time the ordinary charges amounted to £19,999 53. 1d., showing a loss of £13,115 16s. 10d., which deducted from the profit, made by the railway, leaves a net profit on traffic, exclusive of toll and mails, of £14,194 16s. Id.

Waterford, Wexford, Wicklow, and Dublin Railway -The halt-yearly meeting of this company was held in London on same day. The report stated an agreement had been authorised by Parliament with the Dublin and Kingstown Company, by which the Waterford, Wexford, Wicklow, and Dublin Company are to take a lease of that line at a rent of £34,000 per annum. The expenditure on land and works at Killiney and Brayhead is £52,191. The distance from Kingstown to Wicklow is 234 miles. The cost is estimated at £300,271; for permanent way, £100,000; stations, £20,000; total, 420,271. Of which, expended £52,192; in hand, £13,329.|| leaving to be provided for, 4354,749. The outlay for the next twelve months is £70,856. The receipts to the 1st July are £144,167, and expenditure £130,837. The report, after a warm discussion and a division, was agreed to.

East Lincolnshire Railway.-The half-yearly meeting of this company was held in London, on August the 10th. The report of the directors congratulated the shareholders on their having received last month the first full half-year's dividend of the rent. The accounts, to the 30th June, showed that £646,045 16s. 7d. had been received and expendel, leaving a balance due to the bankers of £2,659 7s. 10d. The report was unanimously adopted.

Great Northern Railway-The sixth half-yearly meeting of this company was held in London on August 11th From the report submitted, and the sheet of accounts, it appears that the receipts for capital to 30th June last, are £4,853,061, the expenditure £4,492,711, the balance £360,350. The expenditure during the half year has been £861,812. Of this sum £157,816 has gone in land and compensation, about £460,000 for works and materials, £40,102 for engines and tenders, £48,995 carrying stock, £32,000 advance to the East Lincolnshire to complete their works, and £68,593 in interest to shareholders and lenders; for law, with engineering expenses, £13,615 The revenue

account from the 1st March, 1848, to June 30th, 1849, shows £61,682-receipts and expenditure, £31,233; leaving a profit of £30,449, less £26,760 belonging to the 6 per cent guaranteed rent of the East Lincolnshire, leaving £3,689. The report proposed that the 19.000 extension shares, and 6,000 forfeited shares in the hands of the directors should be allocated as follows:-To give to the registered proprietors of this date, who have paid all calls on their shares, the option of taking these 25,000 five per cent. preference shares, of £12 10s. each, upon the payment of £10 10s. per share. The first instalment on account thereof, amounting to £5 10s., to be paid on or before 10th September next; a further payment of £2 10s. per share to be made on or before 31st October, and a final payment of £2 10s. per share to be made on or before 31st December. The report, after a long and animated discussion, in the course of which an amendment for the immediate completion of the extension to York was negatived, was adopted, and resolutions in pursuance thereof carried.

Hull and Selby Railway--The half-yearly meeting of the shareholders of this company was held at Hull same day The sum of £29,014 13s. 4d. was available for the payment of a dividend, out of which the directors recommended that a dividend of £2 9s. 6d. per share on the £50 shares, and £1 4s. 9d. on the £25 shares, being at the rate of £9 18s. per cent., less income-tax, should be paid.

Boston, Stamford, and Birmingham Railway.-The halfyearly meeting of this company took place in London, August 10. The report stated that the resolution passed at the extraordinary meeting in May, accepting the offer of the Great Northern of 6 per cent. upon half the capital, giving in exchange an equal value in shares of the Royston and Hitchin Company, had been confirmed at an extraordinary meeting of the Great Northern Company. The directors made a call of £2 48. per share, a large portion of which has been received. This will so far equalize the values of Boston, Stamford, and Birmingham, and the Royston and Hitchin shares, that five of the former having £74s. each paid up, or £36, will be exchangeable for eight of the latter, upon which £4 10s. has been called, or £36; and the balance, a sum equal to £2 16s. on each Boston and Birming ham share, or £1 158. on each Royston and Hitchin share, will shortly be called for, thus insuring 6 per cent. upon £10 per share to the proprietors of this company. The receipts

The report was unanimously adopted.

Resolutions were then passed, without any question being asked by any shareholder, declaring a dividend of 8s. 3d. a share on the preference shares, reducing the number of directors to 12, their future remuneration to be £1,000 per annum, and re-electing Mr. P. Hanbury, auditor.

Great Western Railway.-The twenty-eighth half-yearly meeting of this company was held at the Bristol Station, on August 16th. The report submitted was the least satisfactory, as it regards profits, ever presented to the proprietors. The general statement of account showed the total receipts for capital to have been £11,914,013 9s. 9d., and the total expenditure £11,867,042 16s. 11d., leaving a balance of £46,970 12s. 10d. The traffic receipts for the half-year hat been £480,233 11s. 2d., and the net expenditure £199,691 19s. 4d., leaving in hand £280,233 11. 2d. Out of this the dividend proposed was at the rate of 4 per cent. lance of £18,000, and the directors state that instead of 4 per annum, or 2 per cent. for the half-year, leaving a baper cent., the dividend would have been 5 per cent. but the revenue is charged with interest on a large amount of capital invested in lines abandoned or not in progress, and on capital subscribed to other companies unable to pay interest or dividend.

The report, after some discussion, was unanimously adopted, and a resolution declaring a dividend at the proposed rate carried.

London and North-Western Railway.-The half-yearly meeting of this great company took place at the Euston Square Station, London, on August 17. There was a very full attendance of proprietors.

From the report submitted, it appears that there is about 16 millions of share capital paid up, £167,000 in course of payment, and 5 millions to be called up. There is also paid in advance £203,052, and debentures to the extent of £9,778,470, giving a total of 26 millions. Of this all has been expended except £26,347.

The revenue receipts from passengers have been £647,918, making, with a few other items, a gross receipt of £1,062,847. and from goods, after paying agents' expenses, £385,021, The working expenses appear to be £366,548, the rates, taxes, and passenger duty, £31,369, the interest on loans £111,882, which, with a loss of £7,722 on the North Union Railway, £1,000 for the Scottish Central, and some similar items, leave £517,194 profit applicable to dividend. The sum of £7,525 is set aside for renewal of rails, &c., leaving £509,669.

A balance of £71,494 exists from the previous half-year's accounts, which, added to the preceding, would make the available balance £581,163. A dividend of 31 per cent. leaves €15,502 to be carried to the credit of next account. The amount, therefore, taken from the balance of last half year towards dividend is £55,992. The dividend of 3 per cent. declared.

South-Western Railway Company.-The half-yearly meeting of this company was held in London, on August 18th. According to the report submitted, the company have received, during the half-year, upon capital account and by loans, £304,135-making the total received up to 30th June last, £8,048,233 by calls and by loans. The expenditure on capital account, during the halfyear, is £383,570-making a total expenditure, to 30th June last, of £7,874,258; leaving a balance of unexpended money of £173,974.

The revenue, or receipts from traffic, amount to £258,500, the expenses £126,752, leaving £132,047, which is subject to charges for interest, dividends on preference shares, &c., amounting to £17,144. This sum, however, is lessened by a receipt of £3,312 for interest of balances lent out, and interest on arrears of calls received during the half-year; leaving £43,832 to be taken from the balance of £132,047. The balance for dividend is £88,215, increased to £104,407 by £6,881 for interest on calls outstanding to the extent of £310,529, and £9,311 for interest

At the extraordinary meeting, at which the report of the Com-ing of this company was held in London on August 24. The mittee of Investigation was adopted in its entire form, it was also announced that proceedings had been taken for filing a bill in Chancery to recover the differences due to the company on Mr. Hudson's personal share transactions. That gentleman had made an offer of compromise; but it was of a mature which the authorities of the company did not feel justified in accepting. The meeting was adjourned till October 4.

The foregoing abstract contains all the material and important Leeds and Bradford Railway.-On August 23, the share-railway business of the month. There have been several other holders of this company held their half-yearly meeting in Leeds -Mr. John Waddingham in the chair.