The Sun. — London, England, 1849-05-10 00:00:00

EASTERN COUNTIES RAILWAY. HALF-YEARLY ADJOURNED MEETING. (THIS DAY.) The adjourned hall-yearly general meeting of the Eastern Counties R tilway was held at one o'clock this afternoon, at the London Tavern, in Bishopsga:e-street. Among those present were Messrs. Waddington, Anderson, Gibbes, Harrison, Butler, and Wells, Eastern Counties directors; and Messrs. Paterson, Kinnard, Routh, Haetie, and Bagshaw, Northern and Eastern directors. Long before the hour of meeting the large ball-room of the tavern was completely filled with shareholders, and the various entrances were besieged with exasperated proprie tors, who were unable to obtain edinissien. The doors Were guarded by police officers in plain clothes, and the scenes of confusion:which now and then viol: place, both in the room and out of tt, reminded one more of the pro ceedings which generally characterise the nomination at a contested election, or a Jenny Lind night at the Opera, than a gathering of grave sine far-seeing commerical speculators. A few miou'es after the appointed hour for taking the chair, the directors, headed by Mr. Waddington, entered the room by a private door, which was strict!) , guarded by e strong body of detectives, who had previously ext rted themselves in a very energetic manner to prevent the seats reserved for the press being invaded b) a num• ber of shareholders, who appears d to be exc!ssiiely indignant that excellent arrangements had been made for accommodating the reporters. Of course the entrance of the directors was the signal for an outburst of yells and hootings that could not be surpassed even by a disappointed Victoria audience, and which is be yond the descriptive powers of any reporter's pencil. Above the roar of voices might be neard such cries as " Don't let 'em come in," " Turn 'em out," "Blaze away," " Knock over the chair," mingled with whoops and yells which more resembled the war-cry of an Indian or New Zealand tribe than the articulations of civilized beings. During this confusion a shareholder roared out in stentorian voice, " Don't be such fools; act like men who are looking after the weltare of your pockets, and don't kick up such a row, as it will be useless going into business. Let us hear what every body's got to say, and pitch into 'em afterwards." Another voice replied. " Oh, that's all humbug—out with 'em at once." At, length, when some degree of silence was restored, the preliminaries were entered upon, Mr. RONEY, the secretary, read the advertisement con vening the meeting, but so great was the noise that it could scarcely be heard. Mr. WADDINGTON then rose, and was received with Mingle cheers and groans. He said he had come in pursuance of the pledge he had given at the last meet inq.—(A voice—What about the 2,000/.?) He would explain all about that presently. His interest and ill& irs Were identical. He had not a craven heart, and if ti ey would support him in the chair—(Groans)—every one should have fair play.—(Nuise.) He called upon them to act like men of business.—(Loud cheers.) If they did not, they would be sufferers, not him.— (Cheers.) He asked them to give all a lair hearing, and to argue the whole of the matters dispassionately. He called upon the Committee of Investigation to introduce their report. He should then offer some observations, and it would then be for the proprietors to do what they thought proper.—(Cheers.) Mr. CASH next rose to address the meeting, and put it to the shareholders whether, as all had had a copy of the report, it was necessary to have it read?— (No, no.) Ile then moved the adoption of the report of the committee, and that its provisions be carried out. With regard to the mention of his name in the House of Commons with respect to the 7,6001, he had to say that he was a member of the Size-lane Committee, but that not a halfpenny of the money passed through his hands.—(Hear, hear, and cheers.) Ile knew no thing about it, but he always understood that the expenses of the proceedings would bc paid by the com pany. He believed that thousands would have been saved if the arrangement with the Northern Railway had been carried. He had got a list of how the money had been spent. He was not there either to approve or condemn that expenditure, but he had made up his mind to read it. Advertising, &c. £1,539 19s.—(" Oh, oh.") Solicitor ... ... 1,619 0 —(" Oh, ,h.") Losses in shares ... 3,400 0 —(" Oh, oh.") Advertising (Barker & Cu.) 340 0 —(" Oh, oh.") Printing, and other expenses 465 0 —(" Oh, oh.") Balance 231 0 —(" Oh, oh.") £7,594 19 The Committee begged to submit the following sug gestions for the consideration of the proprietors:- Ist. To approve of the amalgamation with. the Norfolk. 2d. That no dividend be paid at (his time.—(Cheers.) 3d. That the directors be reduced from 18 to 12— eight for the Eastern Counties and tour fur the Eastern Union ; that the latter be not paid any sum for their services, in addition to the 1,0001. awarded them by the Act ; and that the directors representing the Eastern Counties be more sufficiently remunerated than hereto• fore.—(Hear, hear.) . _ - • 4th. That the capital account be closed as early as possible.—(Loud cheers ) sth. That a law clerk be appointed at a salary. 6th. That more efficient pains be taken in the ap pointment of auditors, and to consider the propriety of nominating professed accountants.— (Cheers.) 7th. That the committee be directed to pur sue its inquiry as to the state of the capi tal accounts, with the view of further investi gation, and that it present the results to the next half-yearly meeting, or forward them by post, or if ne cessary, that they request the directors to call a special meeting to consider the result. 8. Stringent economy in every department.—(Cheers.) Now, first, as to the amalgamation with the Norfolk. The committee were unanimous upon that point, and he might mention that they only held about 500/. worth of stock. With regard to the dividend, they believed it would be the height of folly to pay it in the present condition of the company. No one would object to the reduction of the directors, while, with regard to the capital account, it ought to have been closed years ago, and the property would be in an infinitely better condition than it was now. With regard to paying a salary to a law clerk, that was the only means of keep ing down legal expenses. He would not undertake to say who ought to be appointed, but he tbought the best course would be to leave that point to the Board of Trade —(No, no)—or they might retain their present legid ad viser. —(No, no, and a cry " Pay him off, and send him to the right about.") Having strongly:urged the necessity of economizing in the future, he concluded by moving a resolution in accordance with his address.—(Hear.) Mr. MEEK, another of the committee, seconded the resolution. The committee rested their recommenda tion in reference to the Norfolk Company upon two grounds—First, that a compact had been fairly entered into, which it would be a breach of faith to abandon; and, secondly, because they had been convinced by inquiry that the future stability of the concern de pended upon its connexion with the Norfolk Company. At all events, if they rejected the proposal, of this he Was convinced, that . the Norfolk Company would form an alliance with a rival interest that would ultimately prove the ruin of the company, and, therefore, before the meeting consented to throw over the amal• gatnation, he hoped they would appoint another committee of investigation from amongst the op ponents of the measure to inquire further into it.— (Cries of " Hear.") Now, with regard to the second Point, of not paying the dividend; he knew not whether the directors intended to object to it, but when he told them that the present liabilities amounted to no less than 384,0001., and they had only 105,000/. to meet them with, how could they pay a dividend of 4s. out of that 105,0001., and reduce the sum available for liabilities to 3 5,000L—(Cheers.) Of this the meeting might rest assured, that the income of the past half-year had been more than absorbed in replacing their rolling stock, and it was calculated that 64,8251. would be required to meet the present depreciations, and 246,4001., or 50,000/. a year, to replace sleepers during the next three years. Now in such a state of things, could any mine man consent to take a dividend.—(Cheers.) The committee did not want them to forego all dividends till thu rolling stock and depreciations had been replaced. All they wanted the shareholders to do was to give up the present and consent to a reduction in future dividends.—(H ear , hear.) Possibly th e di rectors or some of them might ' object to this, indeed they seemed to do so in the answer they had issued to the report of the committee; but what he said to the shareholders was, don't be further deluded by shuffling and trickery.—(Cheers.) Look clearly into the matter, and try to sift out the motives which actu ated these directors, of whom ho should pre., sently have something to say.—(Cries of "hear, hear.") Inquiry was necessary in order that they might see how much of their capital was merely represented by no minal figures—to see also, how their money had been expended—(Bear, hear) —why one person had received out of their resources as much as would have remunerated a body o f directors for twenty years. They had heard that it had been stated in the House that the money was not improperly ex pended. Now be wished thein 7,6001. was expended. He wish ed te be told how that the directors to ex plain this.—(Hear.) Again money had been swallowed up under the dubious name of " extensions." But there was a deed of darker dye than that. The Eastern Counties some time ago agreed to purchase the Wisbeach and St. lye's line. The Eastern Counties agreed to take an allotment of one-third of the shares , an d the arrange ment was made in such a manner that the sha res could not get into th e mar k e t-500 shares were offered to availed e directors of the Eastern Counties, and they all themselves of the offer.—(Laughter.) Some taking 500 and the others a smaller number, 2/. deposit was paid. The Eastern Counties' directors paid 2/. deposit, but sold the scrip at 21. premium. —(Cries of " Shame.") 15 , 4 351. was paid upon the shares issued, so that the Eastern Counties paid 30,8701., for these shares which was precisely, the p ro fi t they, the shareholders, had paid for the St. Iv es and Wisbeach line. Mr. Hudson came in too late t o share in this. The Eastern Counties directors induced the St. Ives and Wisbeach line to issue fresh scrip, when the bagain was closed, 2,000/. of their money having been paid for fictitious scrip; but the statement he was about to make would hardly be be lieved. He spoke it with sincere pain. The Soli citor of the company applied to the St. Ives's Company to issue fresh scrip, but, let it be said to the honour of English men that they ' fused—(Cheer,)—but this did not thwart th e gentleman refused—(Cheer,)—but ou this dishonest act. Mr, u dsen and M r . W a ddington signed two orders for 2,00 04, as if t o represen t the payment of deposits upon serey-iP re p r esenting L. 1,0001. One was countersigned by the reta rY, but the other was not from , it w as believed, an o notes = "--(Cheers ) The order was paid in two 1 . 000 /. 111 41 then paid back to the credit of the Eastern 'p h es as a payment from the ‘-‘, isbeach Con)pany. b ut mi g ht make what they liked of it, Vt the money belonged to them.—(Cries of " Hear.") 411 then they closed the capital account they would never know their real position—they would never cure • good and effietent Manai,,ement. Until that olject obtained, there wouH Do end to the borrowin which enabled the directors to sorry on an rotten system. On word. more berore he sat clowY-, aud that word as upon tt•ir future prospects. lie bilieved•the weetiog 4. , re prpured to give up the dead.—(Cheers.) Well, his hops of their future pr.ec-.• pats rested upon their not iierea!ter dividing profits till they had been fairly earned, and could be sa!ely divided. With such precautions he had yet hope in the ev( ntual success or the Eastern Counties Railway ; but, before that could be attained, they must have directors who w,:uld manage the affairs of the company as they would their own—who would have the courage and the wisdom to meet diffi ulties and look them in the face.—(Cheers.) Get such men, and he could promise them better times.—(Cheers.) i ho gentleman resumed hi., seat amidst a burst of applause, that was renewed again and again. Mr. WADDINGToN then rose to address the meeting, and immediately the previous good humour was changed into noise and uproar, and it was not until Mr. Cash and Mr. Meek had appealed to the meeting to give Mr. Waddington a hearing that silence was restored. The CHAIRMAN then declared that he had confidence in the English spirit which always gave a man a holing before he was condemned. He did not stand there for his own aggrannil. ment—(Cries of "Oh, oh!")—and it the meeting would listen to hum he was sure they would be glad that he had risen. —(Criss of " Oh, oh!") lie stood in the position of one who had given a pledg, which had been br,k , m—(Cheers)—but, although he had been on terms of intimacy with that man, he was not responsible for his mistake.—(`' Oh, oh"—" Mistake, itnieed.") He admitted that an error had been committed, but they were all liable to error, and if they would only listen to him he would demonstrate that they cow(' fairly divide 4s. per share. —(01), oh.) Look at the pamphlet the directors had issued as a triumphant answer to the report of the com mittee.—(oh, oh, and cries of "That's enough; turn him out," "Down, down.") The meeting was proceeding when we went to press. NEWMARKET RACES. (THIS DAY.) (BY ELECTRIC TELEGRAPH.) Match. St. Ann beat Saddle. Match. Retail beat Czarina. Handicap of 50/. New T.Y.C. Sagacity ... ... ... Pylos ... ... ... ... Irish Jig ... ... ... Sweepstakes for two and three yrs old. Slashing Alice ... Galata colt ... ~, • • Jane Eyre ... ... Sweepstakes of 10 sovs. each. Impression ... ... Ondine Hardingstono ... ... Os. 1 SPORI IN ti Ir TELLIGENCE. NEWMARKET SECOND SPRING MEETING. WEDNESDAY. The Jockey Club Plate of 50 sovs., for four yrs old, 7st 21b five, Bst 31b; sex and aged, Bst 91b; the property of members of the Jockey Club. B.C. Captain Lowther's Glutton, 4 yrs ... (Dockeray) 1 Lord Exeter's Ulysses, 5 yrs Captain Ruu,'s Mint°, 4 yrs Betting-7 to 4on Glutton, who won in a canter by te❑ lengths. The rain prevented our timing this race. Sweepstakes of 10 sovs. each, fur three yrs old; colts, Sat 71b; fillies, Bst 41b; the winner to be sold for 100 sovs. if demanded, &c. T,Y.C. (5 subs.) Mr. Daley's Cayenne ... (J. Sharp) 1 Colonel Peel's lone . . 2 Lord Clifden's Ilidallan ... 3 Lord O, ford's Angela Mr. Stevenson's Old English Gentleman ... 5 Betting-5 to 4 agst lone, and 2to 1 agst Angela. Won by a length; llidallan a moderate third. Bun in 1 win. 14 secs. The Suffolk Stakes of 15 sovs. each, 5 ft if declared, &c., with 100 added. Last mile and a half of B.C. (32 Subs.. 15 of whom pay 5 sovs. forfe:t.) Sir B. Pigot's Essedarius, 3 yrs, sst 10lb (including Bib extra) ... (llockeray) 1 Mr. I3atson's Beauclerc, 4 yrs, 7st slb ... 2 Mr. Bolt's Collingwood, 6 yrs, 9st 51b ... 3 - • - Lord Stanley's Legerdemain, 3 yrs, 4st 71b ... 4 Lord Clitden's Wanota, 5 yrs, Bst 51b ... 0 Mr. Gatllloll ' S Do-it-again, 4 yrs, 7st 81b 0 Mr. Wigram's Keratin, 4 yrs, 6st 111 b (carried 6st 131 b) •.• 0 Mr. B. Green's Cigarette, 3 yrs, Est 41b (carried sst 71b) 0 Duke of Bedford's Retail, 3 yrs, 4st 131 b 0 Lord Exeter' s Midi a , 3 yrs, 4st 5 1b (carried 45t 91b) 0 Betting— 3 to 1 agst Essedarius-9 to 2 agst Coiling wood-9 to 2 agat Wanota— 6to 1 agst Do-it-again—and 10 to 1 agst Beauelerc. Do-it-again took the lead, followed by Essedarius, Beauclerc, and the rest of the light weights, Wanota and Collingwood lying off; they ob servel this order for about a mile, when Do-it-again resigned, and Essedarius, taking up the running, went ou with a decided lead to the end, and won in a canter by two lengths. A fine race for the second money terminated in favour of Beauclerc by a head, Cullingwood beating Legerdemain by a head .—Run in 2 min. 46 sec. Match-200, h ft. T.Y.C. Duke of Bedford's Saddle, Bst 81b ... (F. Butler 1 Lord Exeter's Bishop of Romford's Cob, Bst 21b ... 2 7 to 1 on Saddle, who won in a canter,by three lengths. Handicap Plate of 50 sovs. for three-year olds and up wards. A.F. Col. Peel's Lola Montez, 4 yrs, Bst ... (Flatman) 1 Lord Clifden's - Waliflower, 3 yrs, 6st ... 2 Mr. E. Francis's Ch a b ron , 5 yrs , i st 71b 3 Mr. Stevenson's Doctrin e , 5 yrs, Fist 51b......0 Mr. Howlett's Cardin a l' s Ni ece, 5 yrs, B st 21b ... 0 Mr. Neville's Dov e r, 4 y rs , 7 st 1016 ... 0 Mr. Hobson's Passion Flower, 4 yrs, 7st 71b ... 0 Mr. W. S. Crawfurd's Iron Rail, 5 yrs, 7st 41b ... 0 Mr. F. B. Charlton's Kissaway, 3 yrs, 6st ilb ... 0 Mr. Barne's Little Charley, 3 yrs, Est ••• ••• 0 Betting -4 to 1 agst Doctrine, sto 1 agst Dover, sto 1 agst Lula Montez, 6 to 1 agst Kissaway, and 6 to 1 agst Iron Rail. Wallflower took the lead immediately after starting, followed by Chabron, Little Charley, Doctrine, and Lola Montez, until half way up the cords, where Colonel Peel's mare went up, headed Wallflower in two or three strides, and passed the chair a very clever winner by a length. Wallflower beating Chabron by two lengths.—Ruu in 2 min. 17 sec. The Cha pion Stakes of 50 nova. each, h. ft., for three years dld; cults, Bst 71b; fillies and geldings, Bst. The winner of the Two Thousand Guineas Stakes or the One Thousand Guineas Stakes to carry 71b extra. From the R.M. starting post to the Duke's Stand. (24 Subs.) Duke of Bedford's SL Rosolia... (Flatman) 1 Colonel Anson's Unampion ... 2 Mr. R. H. Nevill's Sidney ... 3 Duke of Bedford's Quasimodo ... 4 Mr. J. Moore's Sir Launtelot... ... . . 5 Lord Exeter's cby Voltaire, out of Valance ... 6 Betting-6 to 5 agst St. Rosolia, 7to 2 agst Quasi m(ido, 4 to 1 agst Sidney, and 5 to 1 agst Sir Launcelot. Quasimodo took the lead at starting, followed by St. Rosolia ; Champion, Sidney, and fir Launcelot wait ing on them. No material change took place until they came to the cords, where all were beaten except Qua simodo, the favourite, Sidney, and Champion ; St. Ro solia took the lead from Quasimodo immediately after, kept it to the end, and won easily by a length, Cham pion beating Sidney by a neck. Run in 2 minutes 47 seconds. Sweepstakes of 50 sovs. each for four yrs old ; colts, 84 101 b; fillies, 8$ 51b. Last three miles of B.C. (4 Subs.) Mr. Barite's Sotterloy Walked over The attendance this afternoon was larger than on Tuesday, but the weather more unfavourable, the rain having set in early, and continuing almost without ceas ing until near five o'clock. TAE DERBY.-1,000 — ito 30 taken about Old Dan Tucker; no other change. NEWMARKET, WEDNESDAY NIGHT. DERBY BETTING. 2 to 1 agst l lying I)utchwuu (t)-5 to 1 agst Nunny kirk-11 to 2 apt Tudtnur-10 to 1 agst Vanguard -16 to 1 agst Vatican-20 to 1 agst Chatterer-33 to 1 agst Old Dan 'fucker. No others mentioned. FOR TRURSDATi Match.—Saddle, Bst ENTRIES 11lb, agst St. Ann, 7st. 100, hit. T.Y.C. Sweepstakes for two and three years old. First half of C. by Epirus, dam by D'Egville, 3 yrs—Jane Eyre, 3 yrs—Slashing Alice, 3 yrs—f by Voltaire, out of 61a late, 3 yrs -- Treacherous, 3 yrs. Handicap Plate. New T.Y.C. The Fiddler, 4 yrs, Bst 10 1b—Taffrail, 4 yrs, Bst 41b— Ziska, 5 yrs, Bst 41 b—Sagacity, 5 yrs, Bst 21b—Hinchin brook, 4 yrs, 7st 101b—Passion Flower, 4 yrs, 7st 41b---- Dupliciry, 4 yrs, 7st 21 b—Memento, 3 yrs, 7st 21b— Ni na , 3 yrs, 7st 21 b — Treacherous, 3 yrs, 7st— Cigarette, 3 yrs, Gst 121b—General Sale, 3 yrs, 6st 41b —Pylos, 3 yrs, 6st 31b—St. Denis, 3 yrs, 6st 31b—Car buncle, 3 yrs, 6st—Sister to J,,11y Dick, 3 yrs, sst 121 b —lrish Jig, 3 yrs, sst 101b—Juggler, 3 yrs, sst 101 b. STORMING OF MOULTAN.—CREMORNE GARDENS. This recent triumph of British arms in the East forms the subject for the grand pictorial and pyrotechnic exhi bition at Cremorne Gardens (and not at Vauxhall, as previously stated), and which will shortly be produced with some novel and striking effects. The %spectacle is being arranged by Mr. T. Thompson and Mr. Mortram. A magnificent panorama of the modern "El Dorado,", California, with the " diggings," &c., is also in prepara tion; also a grand tournament, after the style of the one described by Sir Walter Scott in his charming romance of " Ivanhoe," as held at Ashby de la Zouch, and which will be the vehicle tor introducing the sports and pas times of " merrie England" in the "olden time." Cre morn(' during the week, notwithstanding that the weather has been most unpropitious for amusements alfresco, has been well attended. MR. GRANTLEY BERKELEY, M.P. The Bath Journal states that this Hon. Gentleman still continues ill, his complaint being a derangement of the nervous system, affecting the stomach end the head; it results from over excitement of mind, for which the Bon. Member has been ordered complete repose. esterday a temporary wooden erection at Grantun Pier, used by the Edinburgh and Northern Railway Company, was destroyed by fire. The loss, we understand, is not great, and it is hilly covered, we be. have, by insurance.--Scotsman of Wednesday. _IIETIPOLITAT:ii COUNTIES AND GENERAL LIFE ASSURANCE SOCIETY. The first; annual general meeting of this society was held yesterday, at the office of the societ - , 27, Regei,t-stre,t, Waterloo-ph.c,, foe the purpose of laying the report ut the directors fir the past yar, before the proprietors,. and of electing four directors i❑ the place of Samuel Driver, Esq., H. P. Fuller, Esq., Edward Vansittart Neale, Esq., and Sir Thomas Newby Reeve, who went out of office by rotation, but who, being eligible for re-election, had offered themselves accordingly, and two auditors in the stead of Thomas Bates, Esq., and H. P. Buckler, Esq., who was also eligible for re-election. Captain the Hon. G. F. HoTHAm was called to the chair; and among the gentlemen present we noticed Samuel Driver, Elq., Henry Peter Fuller, Esq., John Palk Griffin, Esq., Edward Legh, Esq., Thomas Littledale, Esq. (Liverpool), Edward Lo max, Esq., Samuel Miller, Esq., E. Vansittart Neale, Esq., William Studley, Esq., W. A. S. Westoby, Esq., James Bird, Eiq., W. Fisher, Esq. (Liverpool), J. S. Streeter, Esq., G. A. Young, Esq., T. J. Hay, Esq., S. Lee Trotman, Esq., &c. F. FERGUSON CAMROUX, Esq., the Manager, read the report, which was as follows : " The first report of any society may be expected to lay before its members a more detailed statement of the circumstances under which it was founded, and of its claims to public support and confidence, than may be looked for or required at a more advanced stage of its existence ; and in the case of a new Life Assurance Society this explanation is peculiarly desired, in consequence of the numerous institutions, of a similar nature and of an older date, with which it is called upon to compete. " The directors of the Metropolitan Counties and General Life Assurance Society feel justified, there fore, in directing attention to those peculiar features in the constitution of this society, and in the nature of the business undertaken by it, which have already produced the most flattering results, and from which they have every reason to anticipate a most success ful career. "The field of life assurance is indeed already oc cupied by many labourers, but the power of produc tion is infinitely greater than has been called forth by any cultivation hitherto bestowed upon it. Thus it is estimated, that the whole number of policies now existing in England and Wales, does not exceed 200,000: and of these there are so many cases where the same individual possesses more than one policy, that the actual number of persons whose lies are assured cannot be estimated at more than 150,000. Comparing this number with the entire population and wealth of this country, it may be confidently anticipated that when the advantages of life assurance shall have become more generally understood and appreciated, a vast increase must necessarily take place in the present amount of life assurance business. " On grounds common to this society and other Assurance Offices, it may then be affirmed, that the success of any new society of this description, where the rates of assurance are not reduced below the fair standard, and where the management is characterised by activity and integrity, is, a matter of reasonable certainty. Of the tables of rates under which the business of this society is conducted, the directors can speak with the most perfect confi dence ; they were not adopted until after the most careful and searching examination ; and the directors feel assured that they will bear comparison with those of any other well-regulated office. " The society possesses, however, a distinguishing feature, which affords more than ordinary grounds for anticipating the most successful results. This feature is the combination of life assurance with ad vances of money upon the security of real property, repayable by periodical instalments. 'l'o those who are aware of the great extent to which loans of this kind are effected in what are known as building socie ties, and of the very considerable profits which those societies realise, the expectation of deriving a large income from this source will appear by no means problematical. The investment of the capital of the Society in such advances must therefore secure to those who are assured in it upon the participating scale, the prospect of large bonuses; and to the capitalist who may invest his money in the shares of the society, the certainty of large returns, coupled with the most ample security. To both these classes of persons then—to those who are desirous of making provision against the uncertainty of life by assurance, and to those who seek for a Safe and profitable investment for their capital—this society presents peculiar attractions. Each class will aid the other in attaining the end sought by itself; and there are therefore the strongest grounds fur expecting the support of both. The borrowers from the society have also their peculiar advantage in the power of gradually paying off the advances made to them, thereby equalising the pressure upon their resources, while at the same time they possess the consoling re flection, that if death should in the meanwhile snatch them away, their property will be left to their fami lies, discharged from the loan. " For the above reasons, the founders of the society considered themselves justified in anticipating that a large share of the public favour would be accorded to it; and the experience of the past year, notwith standing the serious and almost unexampled depres sion in all branches of trade by which it has been so unhappily characterised, affords them the strongest grounds for believing that this anticipation will be most fully realised. " The operations of the society are far from being confined to the Metropolitan districts : in many parts of the country it has met with a most favourable re ception. In the important town of Liverpool the directors have succeeded in establishing a branch board, consisting of gentlemen possessing a large local influence, and whose names are calculated to insure a considerable amount of business to the society. The chairman of that board, Mr. Thomas Littledale (one of your directors), is so well known and so highly respected in that important town and the adjacent country, that his name cannot fail to impart the most perfect confidence in the so ciety's operations there; while the close connexion of Liverpool with Manchester, and the manufacturing districts, insures their participating in the feelings of their enterprising neighbour. " The directors have also succeeded in obtaining no less than 176 very eligible agents in the provincial towns of England, and 24 in the metropolis. One active and intelligent agent has been appointed, on his own application, at Inverness, but, with this ex ception, the directors have for the present confined their efforts for the establishment of agencies to England. " The connexion which has been thus established has already produced no inconsiderable fruits. Up to the 30th ultimo the society has issued 212 policies, assuring sums to the amount of 67,8011., and pro ducing an annual income of 2,2361. ss. 11d. "As the result of the exertions during the last ten months, these numbers, even taken in the gross, are very satisfactory, but when examined more closely, a steady increase of a most encouraging character will be found in the account of policies effected. Com mencing with the month of August last, when the policies taken out by the directors and other officers of the society as a part of their qualification, had been exhausted, the return of ordinary life polices issued by the society during the succeeding eight months, is as follows : Months. Number of Policies issued Amount assured in each Month. by Policies. August ... ... 4 ... ... ... £2,100 September ... ... 11 ... ... ... 1,970 October ••• ••• 18 ... .. ... 4,650 November ... ... 22 ... .. ... 5 550 December ... ... 23 ... ... ... 6 500 January ... ... 25 ... ... ... 7,347 February ... ... 29 .. ... ... 8,850 March ... ... 31 ... ... ... 10.048 April ••• ... 33 ... ~. ... 11,688 " While there are now under the consideration of the board, or awaiting completion, 63 proposals for assurance, amounting to 23,5001. " The character of the medical staff of the society is, of itself, a security that the number of assurances effected has not been swelled by the admission of questionable lives. But if further evidence were wanting of the care with which the lives accepted have been selected, it would be supplied by the fact that the directors have rejected, during the course of the year, proposals for assurance involving sums amounting to no less than 12,6801. " The directors have to contragulate the proprie tors upon their success in obtaining possession of the highly desirable premises where the business of the society is now carried on. " The zeal and efficiency of the staff of officers whose services the directors have been so fortunate as to secure, cannot be too highly spoken of. The directors would ex p ress their sincere conviction that no assurance society can be better served than this society is by its medical officers, on whose skill and care in the examination of the lives so much of the ulti mate success of the society must necessarily depend. In addition to the regular discharge of his official duties, Dr. Fuller has matured and laid before the directors a highly ingenious and novel plan for ex tending the assurance of endowments to all the children of a marriage, by means of payments made at the time or the marriage. A detailed statement of this plan will be given in a separate notice; and it is here only necessary to add that it is one from which the directors anticipate results highly beneficial to the society. "Nor o ciy on ha r have society the ving directors obtained the very less efficient on gr at ulat e theo services e a r s h m ae a n n d ag en er t. , a l n ,h d e o y f f C e e a l p thatta in much of the success w Addison oafs Mr.vCi arl°suux h h has attended upon the progress of the society is to he attributed to the zeal and of those gentlemen. " Circumstances have hitherto prevented the di rectors trom deriving the full benefit of the business fro:n the insurance of life against railway accidents in w inch this society tool: the lead; hut they hope shortly t o r emove V the impediments which have cramped their exertions in this aspect, and that a pi otitable result may then be anticipated. " The b.dance-sheet of the accounts up to the 25th of Mar( h last, with the report of the auditors, will be laid before the proprietors, and be open for their in spection, and w ill b e f oun d to afford every informa tion as to the present state of the society's resources. "The directors cannot conclude their report with out reiterating their confidence in the prospects of the society, a confidence which they trust will be shared generally by its m em b e r s . They can truly promise that no exer ti on on their part shall be wanting to realise the most san guine expectations of all parties who are interested in its success; at the same time, however, they in vite membert e of active the society, and e r w n e b s e t t c e r o - t o b p e e y r a b t e i o proprietors o f everj or assurers, in assisting them in their endeavours to promote and further its prosperisy. " Four of the directors, Samuel Driver, Del., Henry Peter F u ll er , Esq., Edward Vansittart Neale, Esq., and Sir Thomas Newby Reeve, go out of office by , , r i o , t h a o t l i t : a n s, Bates, t t e s, being a n d eligible for re-election, offer the auditors of the society themselves accordin g ly. offer thems e l ves f or reelection. " By ord er o f t h e Board o f Di rec t o rs, , en al r s y o Ph f ß ro u m ck o le ffi r, e E e, s b q n s. t , " P. FERGUSON CAMROCY, Manager. "27, Regent street, Waterloo-place, London, May 1. 1 " The Cueraataat then said—Gentlemen, in moving the adoption of the report which you have just heard creoandn,elctsehdo:,lidthhatvhee p be os e i n tio w n 'ell an c d ontent to have put the question unaccompanied by any observation, because much fear 1 think the report so fully explains everything so ciety that I very my power to give nooftthbee informa tionin ; but as 1 aril aware that chairmen of societies of this nature are generally expected to make a few observations bearin g on the condition of those so cieties, I readily comply a p d ir d to i s t wp i o ei n cl lt a s l obtains on occasions like W the present. I own that the first paragraph, relating ,to the field of life as surance, in the report, gives me great astonishment. I own I was perfectly surp r i sed that in a country so remarkable for its wealth and the extent of i ts population so small a proportion of its inhabit ants avail themselves of the benefits of life assurance; and I must confess I was very much puzzled to find out to what that circumstance was ascribable. It cannot be to any indifference which we feel to those who are to succeed us, towards either our widows or our children. I apprehend it must be principally owing to the want of thought and the want of information on the principles of in surance ; and I am sure this question only deserves to be looked into a little closer to induce many parties not now insured to embrace the opportunity of securing a provision for their widows and children after they have gone. With respect to the combination of life assurance with advances of money upon the security of real property, that is a new feature in societies of this kind, and one which, I trust, will be productive of great benefit to this society. At present you may easily conceive that from the short time that the company has been instituted we have not been able to do a great deal in this line of business; but there can be no doubt whatever that hereafter it will prove a source of considerable profit to this society.—(Hear, hear.) With reference to the appointment of local boards, we certainly have been, I must say, exceed ingly fortunate, especially in one which bas been appointed at Liverpool, where we have, through the aid of some very active gentlemen there, been fortunate in securing a very efficient board, which is presided over by Mr. Thomas Littledalo, whose high position will be quite a sufficient guarantee in that district for the good doing and the well doing of this society gene rally; and I am sure his name will be of vast import ance to us too. The next paragraph I would notice is that which alludes to the extent of business that has been transacted during the time this society bas been hear.) If you will just refer policies issued in those months ( i o t n h fea A r' ugust last and ending with . ad and progressive increase in every month. In fact we have not gone commenci ng A ti s no April, t r oh t i le , e a r a t an n tu d i t om b n a e b r r s e e o wr intermediatei b n o the beenaete y months, you will HI am be e p a p r y , htoeasra.y) it Ourha progress has been one - that we have not o bean sure. I backwards in a t n h ay ink s no w ewel month.—(Hear, ou a n y t t yumofbearny o s f o r t e o p r p li kind oa tions that have been declined. You migl.t awchcaetpetveedr.one yquoenstisoeneabletbpeolicn have supposed that in the beginning of the society the directors would not have been quite so cautious in accepting lives, yet nothing of that kind has been the case.—(Applause.) I can speak from experience, that although I have been in sured in other offices, I certainly never went through so strict an ordeal by the medical officers as I have done in this society ; and I think they have served out other gentlemen in the same way.--(Hear, hear, and laughter.) There is a plan connected with the insurance of endowments to all the children of a mar riage, which has been suggested by Dr. Fuller— (Hear, hear)—and has been entirely his own work, for which he deserves great credit, and of which we shall hereafter derive great benefit.—(Applause.) With regard to the officers of the company, perhaps I can say rather more about them than many of my colleagues around me, because I had no share or hand whatever in their appointments. Both Mr. Camroux and Mr. Addison were appointed before I hadjhe honour of being invited to join the company; therefore as far as any credit may fall on the directors in the selection they ha ve made, I have no part, share, or parcel in the matter, an can, therefore, speak more fully on that subje c t th an my colleagues oug ht t o d o; and I think the mode in which the business is conducted is very highly to the credit of the manager ; and as for our local superintendent, •I think it would be very desirable if we could find two or three more like him,— (Hear, and a laugh.) I would simply now, before I sit down, say, that I really believe we may congra tulate ourselves in having made a start seldom done by societies of this nature. We all know the number of associations like this that are now in the field ; we all know the vast canvassing there is for business, both in town and country ; we all know it is by very great exertions indeed that new companies can really get on. Now, although it is said to be fairly in operation, you see what we have done, you see we have made a start, which hardly any other company can boast of; and I have no doubt whatever, seeing the way in which our business for the last six or seven months has progressed steadily, that when we have the pleasure of meeting you next year we shall be able to give you such a continued good report as will justify not you, but others out o f d oors , i n becoming not only insured in the society, u t also holders of shares in it.—(Hear, has been read be rece ived hear.) I now beg leave to move that the report that and adopted.—(Applause.) Mr. VANSITTART NEALE said there were one or two points upon which, notwithstanding what fallen from the Chairman, he wished to touch, be cause they seemed to him points important to be bad generally understood by all persons, in order that they might satisfy themselves of the really solid ground that there was for supposing that this society would have very considerable success, and would prove a very good investment both for those who insure in it, and for p p o l i c n a t t t i h w o o n a s s e who o th f e the mode money a o o dc n f ey investment, atphietyacapital in The had to o r ay rather out, t ,first the whichap- they had prominently put forward as a new feature fi Ni c l u a l t ty t o w d h o i ch w puzzled itbtb eir all capital—held oinsurancemeant societies in their society. He believed h e m i ght say the dif twheays had not, easy and accessible to them, a safe and pro fitable mode of investment. The old insurance societies made very large profits from this circum stance, that the rate of interest which accrued to them by buying stock at 50 and GO, and selling it at 80, gave them a very profitable source of investment, but an investment arising from a state of things in this country which he hoped would not arise again. It became now to those who started insurance societies in the present day a matter of importance to know how they could invest their money profit ably and safely. By the mode in which investments were made in this society these two essential features. security and profit, were combined, because they knew that a borrower had a considerable advantage in paying off a loan which he had received by instalments, making it much less burdensome, and thus equalizing the pressure upon his resources, and at the same time affording him the consolation that if death should re move him his property will be left to his family discharged of the loan. In this society advan tages were combined which building societies did not possess, because the money must be paid off, whether the party to whom the loan was made lived or died. In the case of this society, by the addition of an annual payment that danger is provided for; and when they considered what a very large class there was who could command from their exertions considerable incomes during their lives, yet who were by no means certain that those incomes would be continued after their deaths, he could not but think that the m o d e a d opte d b y thi s soc i ety was a very im portant f ea t ure, a feature w hi c h was lik ely to prove,when it was p roper l y understoo d, very attractive to a very larg e c l ass of people. It was on t hi s ground that he thought th a t every one o f th e m wou ld b e j ustified in urging on his friends, if they had the disposition to insur e their lives, to insure in this society, and in urging them also, if they had any spare capital to employ, t o l a y it o ut in purchasing shares in this association, because it followed from the income they expected to get from this system that they would get a good bonus. They would also be able to add to the amount of capital the rate of interest which the society paid a person for the money he lind invested in this society, and that they would be able to do with the utmost safety, because the society was not speculating with the view of obtain ing any extravagant rate of interest, but they were deal ing always with the profits of capital realised. When, after a certain time, they had realised a certain amount of capital, when their whole transactions were extended, and the income they were deriving from that capital became larger, then it was, and not till then, that they would make an increase in the amount of capital that each shareholder had paid to them, and which, with the additional rate of interest that they enabled him to pay, would amount to a very large sum indeed. That additional interest was founded not upon very great profits, which might be cut down by competition with other societies, but upon the capital that had thishe might society. been already r ea li se d. Th at was the first point to just Therea allude, e:v andas a which he wished p ar ti cu l ar l y to call the attention of s tl u le bje l e n t to enibe m r-s hic o lci f which had been already brought under their notice, and that was the large and regular increase in the policies ; because they had heard of a cer tain kind of skill, in the present day, of " cooking" accounts. That increase passed all power of " cooking."—(Hear, hear.) They might conk one month's accounts, but to cook ten months' accounts seemed to him impossible. Now, he did trust they would go on increasing at some such rate as they had gone on increasing; but if they did not go backward the result would he that by the lapse of another twelve months they would be able to get another 140,000/. insured, and to have an income of 5,0001. or 6,0001., which was as much or more than any new society might expect. He might refer also to another cir cumstance, of which the Chairman had spoken very properly, and that was' the medical skill and sagacity that had been displayed in such matters by those officers. He could not speak quite so much of that as the Chairman, because he had not had much experience of it himself; but he might say that not only had their medical officers displayed their skill, but also a great amount of ingenuity, knowledge, talent and research, in constructing and laying before the directors a proposal which would in the course of a day or two be in circulation—a proposal for a system of endowing children when they attain a certain age, and applying it generally to all endowments of all the children which might result from a certain marriage. One great difficulty in marriage settlements was that they were not elastic. Only one or two persons could be usually provided for in a marriage settlement; at . least the same facilities for providing for eight or ten did not exist as for providing fur one or two; and thus the happiness of the parties was to some extent marred by the stiffness of their marriage settlement.—(Laughter.) But by the plan of this society elastic marriage set tlements would .be provided. A man might say it was all very well to talk of elastic marriage settle ments, but I don't wish to use my capital unneces sarily to make this investment. All such a person had to do was to pay this society a certain sum in addition to that sum which would make a provision for any of his children, and they would give him back at a given time, either at his death or at a fixed time, at the end of 21 or 25 years, a provision accord ing to the amount he had paid the society, or at least a provision to any of the children of his marriage, although he had as many as the Vice-Chancellor of England or the Lord Chief Baron of the Exchequer. —(Laughter.) That facetious gentleman Punch, on one occasion, when giving short advice to parties about to marry, had said " don't "—(Laughter)—this society had still shorter advice to give such people and it was—" do." These were the two points to which he wished particularly to call the attention of this meeting, because they were features peculiarly belonging to this society. Although they had no wish to rush into any great business by proposing rates of premium such as would preclude them meeting their engagements, yet they were not at all intending to go on in the old jog-trot way of other societies, and not to open their eyes to all plans which 'might usefully and safely be devised for the profitable employment of their money, or to be prevented from applying new doctrines of life assurance. With those observations he begged to second the motion that the report be received and adopted. The resolution was put and carried unanimously. The four retiring directors—Samuel Driver, Egi., H. P. Fuller, Esq., E. Vansittart Neale, Esq., and Sir Thos. Newby Reeve—were then unanimously re elected, as were also the two retiring auditors, Thomas Bates, Esq., and H. P. Buckler, Esq. Mr. MILLER said, those two gentlemen having been elected auditors, it now becam - e the duty of the meeting to consider what amount of remuneration should be given to them for their services. There was in the present day such a thing as " cooking " accounts; and it was necessary that the society should have gentlemen to verify the accounts whose respect ability was above suspicion. The two gentlemen who had been re-elected auditors had taken great pains with the accounts i • and he begged to move that ten guineas each be allowed to them out of the funds of the society for their services during the past year. Mr. FULLER seconded the motion, which was car ried without a dissentient. Mr FISHER, of Liverpool, briefly proposed, and Mr. BIRD seconded, a vote of thanks to the directors, which was also carried unanimously. Mr. FULLER, a director, said it had fallen to his lot to acknowledge the kind manner in which a vote of thanks had been accorded to the directors, and all he could say was, that the directors had their own inter est and that of the shareholders thoroughly at heart, which were inseparably bound up together. They had the prospect before them of advancing, and being the first insurance office in this city. With regard to laying out the money, be did not think it bad been made clear by Mr. Neale what advantages would accrue to the shareholders. In many and most corn \ panics, at the beginning, the interest upon shares did not arise out of the profits. That was not the case with this society ;except that part of the capital that was laid out in providing the society's offices, and some minor things, every shilling was immediately invested on a very profitable security ; therefore the five per cent. which the shareholders received was paid out of the imme diate profits. He must impress on the shareholders that they and the directors were all sailing in the same boat, that there were to be no pleasure men, but that every man was to take an oar himself.— (Laughter.) By so doing they would come in full sail at the next annual meeting; and they ought to show that they would not be satisfied until they had doubled and trebled the profits.— (Hear, hear.) Mr. MILLER moved, and Mr. DRIVER seconded, a vote of thanks to the chairmen , and directors of the local boards connected with the society for their efficient assistance, which was carried unanimously. Mr. T. LITTLEDALE, of Liverpool, acknowledged the compliment. Mr. WESTODY moved, and Mr. STUDLEY seconded, a similar vote of thanks to the managers and officers of the society, which was carried also nemine dissen tiente. Mr. F. F. CAMBOUX, the manager, returned thanks for that kind expression of their approval of his ser vices and those of the other officers. He was quite sure he only spoke the sentiments of his col leagues when he said they were interested heart and soul in the success of the society ; and he hoped by the next annual meeting they would have more rea son to thank the officers of the society for their services. —(Hear, hear.) Mr. STREETER moved, and Mr. BIRD seconded, a vote of thanks to the Chairman, which was carried unanimously, and The CHAIRMAN having acknowledged the compli ment, the meeting, which was characterised through out by the utmost unanimity of feeling, separated. COWES, ISLE OF WIGHT. (FROM OUR OWN CORRESPONDENT.) ROYAL YACHT SQUADRON INTELLIGENCE....—The annual general meeting of the members of the Royal Yacht Squadron will take place at the Thatched House Tavern, on Friday next, when there are several members to be balloted for. The regatta for the ensuing season will be arranged ; the class of yachts settled on that are to sail for the Royal Cups, and also for those given by the squadron. REMOVAL OF THE COURT TO THB ISLAND.—Her Majesty is expected down on the 20th instant. The Royal Family are expected to make but a short stay, probably not more than a week, and not to come down for the season until August. FASHIONABLE INTELLIGENOE.—Thomas Thorn hill, Esq., of Riddlesworth Hall, has taken Gothic Villa for ten weeks; Mrs. Noel, Oak Hill House, for twelve months. Lord A. Chichester has taken No. 3, Globe-terrace ' • George Edmonstone, Esq., Trinity Parsonage. Captain Westphal', Busigney House ;B. Mew, Esq., Prospect House ; Wil liams, Esq., Anglesey House. The small pavilion and several other houses have also been taken this week. TITIAN'S MAGDALEN.—In wandering down Con duit-street, yesterday we entered some auction-rooms, near Limmers' Hotel, and there, to our surprise, we saw among other pictures, hung aroung the walls, the Magdalen of Titian, which was at one time the chief attraction of the Gallery of Benjamin West. How it got there we know not, but there it is, and close to it is " Hope feeding Love," the celebrated Coreggio, which we recollect seeing exhibited at the Egyptian Hall some twenty years since. THE CArE COLONY.—Yesterday was published a Parliamentary document containing the correspondence with the Governor of the Cape of Good Hope, relative to the state of the Kafir tribes on the eastern frontier of that colony (in continuation of papers presented last year). It extends over a space of 40 to 50 pages. Dreyschock, the celebrated composer and pianist, ie daily expected in London for the sewn. MAGAZINES, &c. (CONTINUED). BENTLEY. All honour to the bard of Tipperary Hall, who, in his lyrical echoes of the Indian Mail, pays honour due to the " bravest of the brave." Hugh Lord Gough who, by his victory of Goojerat, has silenced even the envious tongue of calumny, and who is remarka ble as being the only English military officer who was ever found fault with for having won a victory, or to whom it was imputed as a crime that he was personally the bravest man in existence, and set his soldiers an example that it would have been well had all followed ; for after all Chillianwallah was a victory, and a glorious victory, and had all fought as well as did Lord Gough himself that which afterwards took place at Goojerat would have taken place at Chillian wallah. Thus doth the bard of Tipperary Hall celebrate the deeds of the brave old man CHILLIANWALLAH. AIR—" Nora Creina." " 'Twas near the famed llyeaspes' banks, Where flourished once the great king Porus, Lord Gough incensed the British rai.ks; And the Seikh artillery spoke in chorus. Our troops were tired;—the Khalsas fired; And they're the lads that seldom bungle: . Quoth Gough at the noise, Screw bayonets, boys, And drive those blackguards out of the jungle.' Sabres drawn, and bayonets fixt, Fight where fought great Alexander, — Paddy Gough's a cross betwixt A bull- dog and a salamander. " On every side our luck we tried, And found the showers of shot and shell come, Where'er we went, to our sweet content, The Seikhs they gave us a blazing welcome. The woods went crack, the rocks went smack, The clouds were black o'er Chillianwallah; But our general's Irish blood was up, And our battle-cry was Faugh-a-ballagh !' Sabres drawn, and bayonets fixt Fight where fought great Alexander,— Paddy Gough's a cross betwixt A bull-dog and a salamander. " The Third Dragoons, they cut right through, And back again—Twas mighty plucky— But the Fifth Bengals disliked the balls, And every one of them cut his lucky. But 'twould have done ould Homer good To see that charge of General Gilbert's; Right and left his path he cleft, And smashed their skulls like mouldy filberts. Sabres drawn, and bayonets fixt, Fight where fought great Alexander,— Paddy Gough's a cross betwixt A bull-dog and a salamander. " Brigadier Dawes he gained applause— His fighting lads were all in clover, 'Twas as good to be there, as at Donnybrook fair, And no police when the tun was over. At length the Seikhs they cut.like bricks, Sher° Singh sheer'd off nor looked behind him And the old thief Chutter did swear and splutter;— But nobody cared at all to mind him. Sabres drawn, and bayonets fixt, Fight where fought great Alexander, — Paddy Gough's a cross betwixt A bull-dog and a salamander. •' And none shall scoff at brave old Gough— Oh ! he 's the chief for a soldier's choosing: We lads abroad will always applaud, Though the Times at home is always abusing. By the Jhelum's side their might he tried, And tamed the pride of the Khalsa gunners: And he laid them fiat at Goo-ze-rat, With his English-Irish dose of stunners. Sabres drawn, and bayonets fixt, Fight where fought great Alexander, — Paddy Gough's a cross betwixt A bull-dog and a salamander. " Horatius Flaccus sang, they say, About Quce loca fabulosus Lambit Hydaspes;' and his lay Our General's high renown discloses. Sure with the utmost classic grace He goes against these Puujaub caitiffs; Horace's river licks the place, But Paddy Gough he licks the natives. Sabres drawn, and bayonets fixt, Fight where fought great Alexander, — Paddy Gough's a cross betwixt A bull-dog and a salamander." The " Note Book of a Coroner's Clerk" is continued, and the description of the death of Zara is one of those affecting and effective narratives, in the compo sition of which this author is unsurpassed. The author of " Wayside Pictures " concludes his wan derings in France at Orleans. We hope to meet this most amusing of travelling companions next month either in Belgium or Germany. Alfred Crowquill furnishes an excellent drollery entitled, " Appetite ; a Sarcastic on the Gastric," and Lord Maidstone, a feeble imitation of Thomas Ingoldsby. The " Musi cal Notes " for the month, and the review of current " Literature " are both admirable. LONDON, THURSDAY EVENING, MAY 10, 1640. TAI T. Tait, for May, is of more than average excellence. The title of the first article " The Music, Poetry, and Traditions of the Highlands" is a sufficient indication of its pathetic and romantic character. Douglas Jerrold's " Man made of Money," receives a deserved eulogium. "Strangely enough," says the writer of this review, " the idea has gone abroad that Douglas Jerrold is a bitter writer, and a bitterer man. But upon what is this notion founded? If he puts forth a sting, is it to wound the good or the bad ? is it to render the depressed and helpless still more helpless and depressed, or to avenge them on their oppressors ? For ourselves, we confess we love him, because he can sting, and because ha never does, save in the cause of suffering humanity." The commendation is as genial as it is well-merited. Percy St. John continues his interesting tale of the First French Revolution. We are particularly pleased with the generous and courteous humility of one of the foot-notes. " Lamartine's admirable description" exclaims Mr. St. Juhn, in the midst of describing one of the scenes of the revolution, "renders all others useless. I am constrained to copy him slavishly. There is no such picture of the period of the re volution as "lhe Girondins.' It is unique." A story entitled "The Modern Vassal" is commenced in this number, and promises to become one of the most at tractive features of Tait. The subject is of most enthralling interest. The scene is Poland, and the terrible effects of the worst feudal laws, are made painfully apparent. Leon, the hero, is as yet but a child, spoiled and tyrannical, he is supposed to be the son and heir of a very haughty noble, when on his mother's death it is discovered that he has been changed in his infancy—the proud and imperious boy is, in fact, a serf, and as such his supposed father, the incident promises expels him from his roof. This promises to give rise to a very interesting tale. " The Colonial Question," " Life Assurance," and " The Hudsonian Eclipse " are the more serious articles of Tait. SONG WRITTEN ON HEARING THAT JENNY LIND WAS ABOUT TO RETIRE INTO PRIVATE LIFE. Oft I gaze on that beautiful Star of the West, Whose effulgence so greatly excels all the rest ; Yet beneath such a Planet a gloom will arise, When I think that, ere long, 'twill be lost to our eyes. But more dismal, by far, are the thoughts it awakes— That a being, whose voice of an angel's partakes, And who usos it oft in the cause of the poor, Has decided to leave,:ere hor mission is o'er. Many wonderful things will distinguish this age, And the labours of painters and poets engage ; But the theme the most worthy for these to make choice, Will be thou, gentle maid, and thy ravishing voice. Sweden boasts of that King of whose deeds we all hear, And whose memory her children will ever revere ; Ne'urtheless, where he conquered by force of his arms, A renown much more true has thou won by thy charms. Dire diseases and famines all came in his train, For in warfare these follow e'en leaders humane ; But with thee all was joy, and debate was confin'd To the question of giving thee welcome most kind. We have read of a shepherd's producing such tones From his lyre, as to move e'en the forests and stones ; This we know is a figure, employed by some bard To depict music's conquest of breasts flinty hard. Oh ! could he but have heard one short ditty from thee, He might well have described it as calming the sea. Then go on, thou enchantress, and cease not thy work, Even till thou has conquered the Infidel Turk. CIGAR MAYERS.—Last evening a meeting was held at the Hall of Science, City-road, for the purpose of considering the cessation of work by the cigar. makers of Messrs. Newton, and Messrs. Jones and Coronel, in consequence of a dispute having taken place between them and their employers. Mr. Edwards oc cupied the chair. Mr. Brisk detailed the case of the cigar-makers. From his statement it appeared that, in order to cheapen labour, the parties complained of had introduced the system of what is technically termed "b unc h -making" into the trade. Until lately that was the work of the journeyman cigar-maker, or, in other words, the men who made the cigars bunched them also. B u t those gentlemen having found out that the journey man when he had to bunch the cigars could not make so many of them per day, made an arrangement whereby they employed a number of boys for that i p luu u pd r et purpose, the to e, a a n d d who now nut only bunched them, but m m a s d a e heart ing of the cigar itself, so that the fir as alleged, nearly dispensed with These labour of journey guanidemratkheersnanmhen p en rentices, and of those Mr. and thep otherwereefisremboaylsike altogether. em ployedmenei tN thesei o t Newton ng h tal a ie d nms stenve thishn a t seventy, and es ot system pro propor tion. or the journeymen employed by redress, had resolved oti Piain'-d' and meeting with no r maying a stand against the system. Resolutions, a tthieesm interested support, were e t hpea p u o te vin h g of the manner the par ties unanimously o a u c s t l e y d , h and y th e promising meeting, and, in conclusion, a vote of thanks was passed to the chairman, and the meeting adjourned. PREVALENT COMPLAINTS._ Ir. John O'Connell complains of being badly reported. Tho same complaint_ exists with r eg a r d t o his unfortunate country. Every one is sick and tired of hearing nothing but bad reports of Ireland,—Punch. DRURY-LANE THEATRE. THE GERMAN Oi'ERA. The German operatic corps of the Amsterdam Theatre, follo w ing the example of the Belgian artistes, have emigrated en masse to London, and have taken Drury -lane Theatre for twelve nights. Herr Roeder is the director, and Herr Karl Auschautz the con ductor. The chorus and orchestra are, as the German chorus and orchestra ever are, perfect. No nation, not even the Italia ns , can approach the Germans in these two important departments. The choruses last night went like one mighty voice, and the orchestra like one vast instrument. The prima donna is Madame Marlow for the Darmstadt Opera. She is an exceed ingly fascinating little woman, with a beautiful clear soprano voice of great power, sweetness, and compass which has been most carefully cultivated. Her exe cution is wonderful, and her style is deliciously pure. Herr Pischek, who has at length appeared in Eng land on the stage, is the barritone ; and Herr Joseph Erl, from Vienna, the tenor. Herr Joseph Erl pos. senses a clear and flexible voice, and is an accom plished musician. The opera selected for the opening performance was Kreutzer's Nachtlager iu Granada , which was performed several times by the German company who were here before, and which is well known to all lovers of music. It was admirably sus tained by all concerned in its production, from the prima donna down to the lowest of the chorus singers. In fact, there was scarcely a chorus singer there who could not, on emergency, have doubled a principal part. It was what we so seldom meet with, and never save in a German theatre with a German company, a perfect operatic representation. Pischek, was in excellent voice, and sang his romanza, "Ein Schutz bin ich," in the first act superbly. At the conclusion of the first act Madame Marlow and Pischek were called on, and at the conclusion of the opera they were again called on, with Herr Joseph Erl. The National Anthem was splendidly sung at the commencement of the evening. We have never before heard this noble composition nearly so effectively rendered. The house was very well attended. ADELPHI THEATRE. One of those peculiar medly pieces, part burlesque, part ballet, part opera, and part spectacle, for the pro duction of which the Adelphi has been so long celebrated, was produced here last evening, under the title of The Devil's Violin. it embraces the whole strength of the company, and 0. Smith, Wright, Paul Bedford, Munyard, Ma dame Celeste, and Miss Woolgar are each fitted exactly. The scenery is superb, the fun fast and furious, and the dancing graceful and effective, and its success, therefore, was complete. It is founded on St. Leon's ballet of The Devil's Bolin, in which, with Cerito, he has of late been turning the head of all Paris, but the adapter has superadded certain large instalments from the Parisian burlesque on Socialism ; and the Socialist hero, Dr. Pruneau, announces himself as Satan, Mephistophiles, .Mammon, the Devil, 0. Smith, a point which drew down hearty shouts of laughter and roars of applause. As to de tailing the plot that is impossible, for the Devil's violin intervenes at every turn to render the thread of the story a tangled skein of perplexity. A conservatory scene towards the close of th e burlesque is one of the most graceful pieces of trans formation ever seen on the stage. The several flowers become animated, and as they group themselves round their Rose Queen, Miss Emma Harding, who looked indeed the Queen of the garden flowers of that beautiful parterre, the effect was brilliant. The piece was completely successful, and the Devil's Violin will no doubt play to the tune of some hundred nights. The piece is, we under stand, from the pen of Mr. Webster. The dialogue is replete with wit and repartee, and the piece itself full of admirable hits at the prevailing follies of the day. The house was crowded. NAVIGATION -LAWS. DIVISION. HOUSE OF LORDS, MAY 9. The following list includes not only those presort, biz% Pairs and Proxies:— CONTENTS. DUKES. Argyll Bedford Devonshire Grafton Ilamilton Leeds Leinster Norfolk Roxburgh Somerset St. Albans Sutherland Wellington Id ARQUIBIA. Abercoru Anglesey Breadalbane Bristol Clanricarde Conyngliam Donegall Headfort i.ansdowne Normanby Northampton Ormonde Sligo Westmeath Westminster EARLS. Aberdeen Auckland". Besborough Bruce Burlington Carlisle Cowper Clarendon Craven Howe De'Freyne Dome Dunfermline Kingston Dunally Ke nmare Dormer Liverpool Erskine Leitrim Eddisbury Lovelace Elphinstone Leicester Foley 311nto Glenelg Meath Godolphin Morton iloward de Walden Morley liolland Oxford Bowden Pembroke Ilatherton • Radnor Keane Rosebcry Kienaird Ripon Lyttelton Suffolk' Langdale Scarborough' Leigh Spencer Lovat St. Germane Monson Sefton Montfort Strafford Monteagle Thane. Miltord Uxbridge Mostyn Wicklow Poltimore Waldegrave Portman Yarborough Itivers Zetland Boum ere VISCOUNTS. s Sudeley Bolingbroke Stanley of Alderiey Canning • Stuart de Decies Clifden Surf! eld Falkland Saye and Sala Ilardinge Stafford Ilawarden Stourton Massareene Talbot of 2ifalahlde Melbourne Vaux Poneouby 'Vernon Sydney Ward Camperdown Cork Clam!iliam Charlemont Chichester Cornwallis LORDS. Wharncllffe: Andley .•• - Wodehouse kbercromby Wrottesloy Ashburton Wenlock Arundell Beaumont Derby Bt haven Devon Byron Denbigh C a moys De Grey Carew Duds Carrington Essex Crews Effingham Cowley Erroll Churchill Ellesmere Clo ncurry ritzwilliam 1 Cot tenhani Forteseue Colborne Fltzhardlngs Campbell Fingall ere' norne Grey Deere Granville Dorchester Galnsborough Dinorbeu Glasgow Denntau Gesford De Manley lICEIBIJIIOII. Canterbury Dublin 'York stilton. Durham Ilereford London .141anchestar Oxford reterborougk Ripon St. Dav Salisbury St. Asaph Tuam Worcester NON - -CONTENTS. liarte:lcke Braybrook• Athol Harewood Bayning, Beaufort 11 art 'owby Bolton Buckingham Jersey Broughaut Cleveland Kiunoull Begot Manchester Lonscilale Boston Marlborough Lauderdale Blayney Montrose Limerick Clinton Newcastle Long! brd Colville Northumberland Levert Clarina Richmond Lucan Clonbreck Rutland Mansfield Crofton MARQUISES. Malmesbary Castlernainie Ailesbury hi anve•rs Colchester Ailsa Mountcashel De Roe Downshire Mayo Douglas Drogheda Macclesfield Delame re ~. Ely Munster, De Saumaree " • Exeter Nelson, De Lisle ilertford Onslow Downes Huntley Orford Farnham Londonderry Orkney Faversham Salisbury Pow] s Forester Waterford Foulatt Grantley Winchester Pomfret Gray EARLS. Eanfurly lie,iyon • Abingdon Roden Lyndhurst Aylesford Romney Middleton Abergavenny Rosslyn Nortlrwick Airlie Resse Polwarlll Buckinghamshire Sandwich Rodney Bathurst Stanhope llayleiglr Beverley Somers Rolle Brownlow Stradbroke , Redesdale Beauchamp Shannon St. John Balearres Selkirk Sondes Bandon Seafield Stanley of Bleka. Chesterfield Talbot staffs Cardigan Tankervillo geltoun 1 Carnarvon V crulam si,lclair Cadogan Winchilsea s k e .liners dale Cathcart 'Warwick Soutl.4mPtal Caledon Wilton Sher b. Vne C aw dor viscorxre. Sandys Charieville Beresford , Ten terd. Dartmouth Canterbury 7 Elllple lll sr• In Delawarr Combermens Walsingha d'Xre.br Rigby Doneralle Darnley Exmouth Des e rt Gage il BgOTIS. Eld on Hereford 1 11; s il n lo fo ug rd hty Bath and Wells! E nn i s killen Hill Bangor Erne Lorton Carlisle Egmont Maynard Eglinion Mi leton Cash e l Ellenborough O'Neill Exeter Ferrets St. Vincent Gloucester Falmouth Strangford Elanclat! Guilford LORDS. Rochester Glengall Abinger . Winchester Huntingdon Berwick Dusts. ABSENT OR NOT VOTING. MILES. Dunmore, minor Portland, no seat liintnre, minor Buccieuch Stair, no seat MARQCISES. visconsrrs. Townshend, no seat Torrington, no seat Path, minor Hood, minor Bute, minor Melville Hastings, minor Lismore, no *eat Lothian, minor LORD.. 'lweeddale, no seat Ashbumhant EARLS. Renters, no seat Shrewsbury Willoughby de Broke, 0,144 Westmoreland, abroad Petre, no seat Stamford, abroad Clifford, no seat Shaftesbury Scarsdale Berkeley, no seat Hawke, no seat .Albemarle, no seat Dynevor, no Best Coventry, minor Thurlow, no seat) Harborough, no seat Calthorpe Harrington, no seat 'Alford Portsmouth, no seat Eibblesdale, abroad Ilehester Alvanley, no seat Bradford, no seat Gardner, no seal liountedgemnbe, abroad Barris, abroad Cawdor Ravensworth Lichfield, Ito seat ° Forester Durham, minor Bexley Donoughr nore, n o seat Gifford Plunkett, no seat Clancart3 ,no seat Psnmure, no seat Moray, n, O s ea t C ourtovn u ',organ, minor Clay Methuen, no seat Carysfort, no seat Beaton Sheffiel(l, abroad 'Vivian Grammar d, minor Congleton, no seat (lough, no seat II open sun, minor Daiho aisle, abroad Bateman Worn s yss, no seat - BISHOP. Fife, no seat ibildingtOn, Ely Meath, no lest