"That the relative values of the two undertakings be ascertained
and fixed by three referees of high standing; that their
decision be given after the passing of the Act of Amalgamation;
but in case the first application to parliament fails, further
application shall be made in the following and ensuing session.
It shall, however, be competent for either company to call upon
the referees to fix the relative value of the two undertakings,
such values not to be in any case fixed until after the 31st of
December, 1853."

The York and North Midland, the Leeds Northern,
and the York, Newcastle, and Berwick, have also
resolved to amalgamate; and they have severally agreed to
the following terms:—

"The receipts of the three companies to be thrown into a
common purse, and, after payment of working expenses, the neat
proceeds to be divided in proportion of 60 per cent, to the York,
Newcastle, and Berwick, 33 per cent, to the York and North
Midland, and 7 per cent, to the Leeds Northern, in the first
year. During each of the six following years, the proportion to
be paid to the Leeds Northern to be uniformly increased, until
in the seventh year it will reach 91/3 per cent, at which it is to
continue. The debenture debt of the three companies to be
guaranteed by the amalgamated company, but each company to
be chargeable with the interest payable on the amount of debt
for which it is individually liable. The neat balance allotted to
each company, in conformity with the foregoing articles of
agreement, to be divided among the various classes of shareholders
in strict accordance with the financial arrangements by
which the three companies are respectively bound at the time of
amalgamation; any alterations of those financial arrangements
to be made at the risk of the company making them."

A striking instance of the Rapid Transmission of
Intelligence has occurred in the case of the Queen's
speech on the opening of parliament. It was read by
her Majesty in the House of Lords at a quarter-past two;
and was transmitted so rapidly by the wires of the
Submarine Telegraph—being at the rate of forty words a
minute—that its receipt was acknowledged by a return
message from France at five minutes past three, and a
summary of it was posted at the Borsen Hall Exchange-
rooms in Hamburg early in the afternoon.

              PERSONAL NARRATIVE.

THE Remains of the Duke of Wellington were brought
on the 10th inst. from Walmer Castle to Chelsea
Hospital. The preparations for the Lying in State were
completed on the following day; and the Queen and
Prince Albert, accompanied by several of the royal
children, paid a visit to the hall in the afternoon.
The arrangements were solemn and impressive. The
spacious and lofty hall was entirely hung with black.
On the side walls were placed escutcheons of the
Wellington family. The raised dais at the top of the
hall, on which the remains of the deceased rested, was
covered in the centre with a cloth of gold carpet, the
bier being formed of black velvet, and surmounted by
the coffin, richly decorated with gilding and crimson
velvet. On the end of the bier was suspended a
display of stars and orders, in number and importance
far surpassing anything of the kind ever possessed by a
single individual. The whole bier was surrounded by
a magnificent silver balustrade adorned with heraldic
devices, from which projected ten pedestals, eight of
which bore, upon black velvet cushions, the Marshal's
batons and orders of the eight following countries:—
Great Britain, Hanover, Austria, the Netherlands,
Portugal, Prussia, Russia, and Spain. The ninth and
tenth pedestals bore the Duke's standard and guidon,
and attached to all were lion supporters in gold more
than two feet high, bearing the shields and banners of
the nations enumerated. At the back of the bier was
her Majesty's escutcheon. The visitors entered through
a long darkened corridor into the vestibule, which was
only partially illumined, and in the chapel, also, a few
tapers were kept burning, which hardly dispelled the
gloom. In the hall four long rows of colossal silver
candelabra were distributed, at regular intervals, on
either side, and extending to the foot of the dais. The
effect of this species of illumination surpassed anything
of the kind that has over been attempted in Catholic
cathedrals. A low platform ran along the side walls of
the halls, and upon this picked soldiers of the Grenadier
Guards stood like statues, resting on their arms
reversed. Around the catafalque the Yeomen of the
Guard were stationed, and nine mourners, one half
military, the other from the Lord Chamberlain's
department, were seated. The chair of the chief mourner
was placed at the head of the coffin, and concealed
from view. After the royal visit had terminated, the
pensioners of the Hospital were permitted to see the
hall, and it was a curious and interesting spectacle to
behold those old veterans, many of them apparently on
the verge of the grave themselves, hobbling up to the
coffin of their great commander, and staring at the
glittering honours suspended on his bier. To them
succeeded parties of the Life Guards and Grenadiers.
There were also a few private parties admitted, including
ladies, and among the rest crept in a little girls'
school and the boys of the Duke of York's school,
attached to the Hospital.

On Friday the 12th many persons were admitted by
tickets; and on Saturday admission was given to the
public. Unfortunately, owing to the enormous press of
visitors, and the want of a sufficient police, dreadful
confusion took place, two poor women were crushed to
death, and many persons were seriously hurt. The
scene is thus described by the Times: "The tide of
people set in like an inundation, and before the small
force of men at the Hospital knew what they were
about, the entire approaches were blocked up. Then
ensued scenes of confusion and struggles for bare life,
frightful shrieks and exclamations of agony, such as
will not readily be forgotten by those who were
present. Women were knocked down or fainted away;
children were held aloft to escape suffocation; strong
men were seen with the perspiration, notwithstanding
the coldness of the weather, falling in great drops from
their faces; and fathers and brothers strove in vain to
recover their relatives torn from them in the crowd.
The multitude actually smoked like a heated haystack,
from the pressure and strain upon individuals. It was
necessary (the precautions to secure order having been
neglected at the outset) that steps should be taken to
restore it, that the carriage-way in front of the Hospital
should be cleared, the people confined to the causeway,
and a sufficient force obtained to form barriers. Most
fortunately, Superintendent Pearce, who had the charge
of the police arrangements at the Exhibition, came on
duty in the morning, and by his exertions a far greater
sacrifice of life than what actually took place was, in all
probability, prevented. He sent at once for more men,
and, with the aid of the military, had barriers
constructed at the points where they were required. So
urgent, however, was the need of them, that cabs had
to be used for the purpose. It was nearly three o'clock
in the afternoon before order was re-established, and
the safety of the public adequately provided for. After
that time the circulation of the streets was restored,
and matters went smoothly enough." Inside the hall
throughout the day the most perfect order and decorum
prevailed, and 46,834 persons passed through between
nine and five o'clock.

On the 15th (Monday) the police arrangements were
so much improved, that 80,000 people were enabled to
pass through without confusion or accident. On Tuesday
and Wednesday the visitors amounted to 100,000
persons. In the evening of that day, the present Duke
of Wellington, accompanied by many friends of the
family, passed some time uninterrupted in the hall.
The household were also admitted to take a last farewell
of their illustrious master's remains. At a late
hour the coffin was removed to the Horse Guards, the
largest apartment in which (the Audience Chamber)
had been prepared for its reception.

Thursday the 18th was the day of the Public Funeral.
Before daybreak the troops appointed to take part in
the procession mustered in the Mall and the parade
ground beside the Horse Guards. They consisted of
the 2nd battalion of the Rifles, the 1st battalion Royal
Marines, the 33rd regiment, the regiments of Horse and
Foot Guards, the 17th Lancers, the 13th Light Dragoons,
and the Scots Greys. As the morning advanced
a brilliant muster of officers gathered near the gateway
of the Horse Guards. Lord Hardinge appeared at
half-past seven o'clock, and his presence greatly
accelerated the preparations. The coffin was removed from