be conducted, and his own nomination as a director,
than he gave in his adhesion, and promised his unflinching support to
the uttermost. The Prospectus ran as follows:--

"DIRECT GLENMUTCHKIN RAILWAY.
IN 12,000 SHARES OF L20 EACH. DEPOSIT L1 PER SHARE

_Provisional Committee._

SIR POLLOXFEN TREMENS, Bart. of Toddymains.
TAVISH M'TAVISH of Invertavish.
THE M'CLOSKIE.
AUGUSTUS REGINALD DUNSHUNNER, Esq. of St Mirrens.
SAMUEL SAWLEY, Esq., Merchant.
MHIC-MHAC-VICH-INDUIBH.
PHELIM O'FINLAN, Esq. of Castle-rook, Ireland.
THE CAPTAIN of M'ALCOHOL.
FACTOR for GLENTUMBLERS.
JOHN JOB JOBSON, Esq., Manufacturer.
EVAN M'CLAW of Glenscart and Inveryewky.
JOSEPH HECKLES, Esq.
HABBAKUK GRABBIE, Portioner in Ramoth-Drumclog.

_Engineer_--WALTER SOLDER, Esq.
_Interim-Secretary_--ROBERT M'CORKINDALE, Esq.

"The necessity of a direct line of Railway communication
through the fertile and populous district known as the
VALLEY of GLENMUTCHKIN, has been long felt and universally
acknowledged. Independently of the surpassing grandeur of
its mountain scenery, which shall immediately be referred
to, and other considerations of even greater importance,
GLENMUTCHKIN is known to the capitalist as the most
important BREEDING STATION in the Highlands of Scotland, and
indeed as the great emporium from which the southern markets
are supplied. It has been calculated by a most eminent
authority, that every acre in the strath is capable of
rearing twenty head of cattle; and, as has been ascertained
after a careful admeasurement, that there are not less than
TWO HUNDRED THOUSAND improvable acres immediately contiguous
to the proposed line of Railway, it may confidently be
assumed that the number of cattle to be conveyed along the
line will amount to FOUR MILLIONS annually, which, at the
lowest estimate, would yield a revenue larger, in proportion
to the capital subscribed, than that of any Railway as yet
completed within the United Kingdom. From this estimate the
traffic in Sheep and Goats, with which the mountains are
literally covered, has been carefully excluded, it having
been found quite impossible (from its extent) to compute the
actual revenue to be drawn from that most important branch.
It may, however, be roughly assumed as from seventeen to
nineteen per cent upon the whole,