The Sun.
London, England, 1837-05-19 00:00:00

their intention to pay, at the 15th July next, a dividend o'
four per cent. for the half-year terminating at Midsummer,
being at the rate of eight per cent. per annum on both old and
new shares.
It is only further proper to state, for the information of the
proprietors, that the agency for the Provincial Bank in Du!)lin,
which from the commencement of its business had been con-
ducted by the highly respectable house (..f .1. D. Latouche and
Co., is now, since the 31st of December last, carried on in the
B ink's awn office, 60, William-street, by Robert Murray, as
'Tent for the Bank in Dublin, arid chief inspector of its
branches, assisted by Benjamin Banks. as sub-agent, and a
suitable appointment of officers. This alteration in the agency,
which was commenced under the inspection of two Directors
from the London Board, who went to Dublin for the express
purpose, accompanied by the Secretary, was considered by the
Court to be called for by the changes which have already
taken place in the business of banking in Dublin, and which
it is probable will be further extended throughout Ireland.—
( Cheers. )
The CIIAIRMAN--The Report having been now read,
should any Proprietor wish to make an observation, or ask
a question, the Directors will be happy to give every
information.
Mr. LEWIS—At the last meeting of the Proprietors I
asked whether the Provincial Bank of Ireland had sustained
any loss by a recent failure, and to what extent ? I did
not then c!early understand the Chairman's reply. I hope
I am not out of order in putting it again—(Hear, hear)—
also, what may he its liabilities by such failure; ?
The CHAIRMAN—I do not know what the Hon. Pro-
prietor means by liabilities ; I shall have great satisfaction
in answering the first question, without entering into de-
tails, which I hope the lion. Proprietor will not require me
to do, as I think it would not be prudent.—( Hear,
hear, hear.) I have great satisfaction in stating,
that there is great probability the Bank will not lose one
-
sixpence by that failure.—(Hear.) We have bills to a
small amount unpaid, but we have ample security for them.
I am sure we cannot possibly lose more than a few hundred
pounds—(Hear)—after providing for all doubtful debts, as
is set forth in the report.—(Cheers.) And as to liabilities,
the Bank is not responsible to any one.—(Hear.)
Mr. LEtvis—l hope the Hon. Chairman and Proprietors
do not think I am out of order.—(" Hear, hear," and " No,
no.") I feel the reply to my questions highly satisfac-
tory.—(Cheers.)
The CHAIRMAN—I shall be happy to answer any other
question.
Mr. CoRFE—Am I to understand that the amount
of reduction in the profits of this year is fifteen or sixteen
thousand pounds, produced by the run upon the Banks.
The CHAIRMAN—Any Proprietor can see what are the
net profits of this and the last years ; I cannot state a sin-
gle reason for the difference, for there have been many
causes during the past ye: r to make the difference.—( Hear.)
Mr. CORFE—I beg to move, " That the Report be
received, and printed for the use of the Proprietors."
Mr. LEWIS seconded it. •

The CHAIRMAN having put it, it was unanimously carried.
Captain WARDLE—Before we part, I feel we should
express our approbation of the able and effective manner in
which the Report has been drawn up.
Mr. LEWIS seconded the resolution, when it was unani-
mously adopted.
The CHAIRMAN—I am sure I express the sentiments of
my colleagues as well as my own, when I return thanks for
this vote of the Proprietors. There has not been a period
when we have had a more arduous duty to perform, than
during the last year.—(Hear, hear.) We have felt deeply
the interest of the Proprietors, particularly during the early
part of the year, when our object was not to increase our
profit—for our struggle was for existence.—(Hear, hear.)
It was not whether we should have one, two, three, or
twenty thousand pounds added to our capital, when the
character of our establishment was called into question.
We could at all other periods obtain money easily—it was
only to ask, and it might be had.—Kflear.) You have also
heard what has been said in this country, " It was not a
doubt of this establishment," as no run had taken place un-
til a Bank of great interest had stopt.—(Hear, hear.)
There did appear then a serious cause for alarm when an
establishment with branches all over the country had sus-
pended its payments ; we could not expect people would
stop to inquire whether this establishment was stable or not,
particularly in a country where the people are naturally cx-
citeable.—(Hear, hear, and laughter.) It was, there-
fore, not only necessary to make a provision, but a great
provision to meet any run upon us. It has been stated by
a party high in power, that no Bank either in England,
Scotland, or Ireland was able to put by sufficient gold to
meet its own demands ; but the more high the authority
the more cautious should the individuals be in putting forth
such statements to the injury of Banking establishmenw.—

(Hear, hear.) I can say, for every 101. note we had in cir-
culation we had seven sovereigns to meet them—(Hear,
hear)—we could not, therefore, make a profit as bankers ;
our main object was to sustain the character of the esta-
blishment—(Hear, hear)—which was the important point.
—(Cheers.) I will also state we are under an engagement
to keep a certain quantity of gold, and also to make a re-
turn of that quantity, as well the amount of our circulation
four times each year to the Chancellor of the Exchequer ,
and I can say we have had double that amount in our pos-
session, thus amply prepared fur any emergency.—(Hear,
hear.) We have been charged with having been the
cause of stopping the Commercial Bank. Why, we had
15,0001. of their notes in cur possession wtsen they
to pt, yet we have not lost anything by their stop-
page.—( Hear, and cheers.) I feel this has been a season
productive of great good to us—it has worked a spirit of
prudence in us. We were last year house-proud, and were
looking out for one in this capital ; we have by the effect
of this run, been made more humble—( Hear, hear)—and we
are satisfied to remain here : we have, therefore, renewed
the lease of this house for fifteen years. We have received
no favours from any individual ; but the Revenue officer
in Ireland refused to receive our notes.—(Cries of
Shame, shame.") I believe this arose from some mistake,
for we complained to the Chancellor of the Exchequer,
stating we had been in the habit of doing so for the last
ten years, and if it were now refused us it might produce a
severe run for our deposits, when we were informed
it was a mistake on all sides.—(Hear, hear, hear.)
There was another thing which threatened us : one of
The Managers of the Bank of Ireland refused to take our
notes in exchange for theirs ; upon the Directors being in-
formed of it, they repudiated it in Into. In conclusion, I
can inform the Proprietors we told the Chancellor of the
Exchequer there was not a better Bank in either England,
Ireland, or Scotland, or more able to meet every demand
upon it.—(Cheers.)
Mr. RENNIE would ask whether, by the conditions of
their charter, they were obliged to hold a certain quantity
of gold ?—( Hear, hear.)
Ihe CHAIRMAN—We have no charter ; but some years
ago we entered into an agreement to return to the Chan-
cellor of the Exchequer quarterly the amount of gold we
kept, which was to be in proportion to our circulation.
Mr. RENNIE—I am obliged to you for the answer. I
will now beg to propose a vote of thanks to the Chairman
for having acquitted himself with so much zeal in the ser-
vice of the Company.—( Cheers )
Mr. CORFE seconded it.
The CHAIR MAN—I thank you for this mark of your
approbati,n. 'lnc object of the Directors is to do all in
their power for the establishment, and I hope well long
deserve your thanks.—(Cheers.)

Among the beauties presented at the first Drawing-
room were Lady Fanny Cowper, Lady Mary Grimston, Miss
Henrietta Stopford, and Miss Augusta FitzWygram. The
beauties presented yesterday at the Drawing.room were Lady
Caroline Lennox, Lady Suffield, Miss Coote, and Miss For-
rester.

Captain Alexander is about to publish a new work
entitled, " A Voyage of Observation among the Western Co-
lonies of Africa, with a Narrative of the Campaign Kaffir-
land in 1836," illustrated with numerous Plates by Major C.
C. Michell, K. H., Surveyor General and Civil Engineer,
Cape of Good Hope. The latter portion of the work must be
found peculiarly interesting, as Captain Alexander, when at
Graham's Town, was placed on the personal staff of the Com-
mander-in-Chief—being thus afforded an excellent opportunity
of ascertaining the true causes of the Kaffir War of 1835—the
most serious which ever occurred in South Africa. He gives
an account of the advance of the invading force into Kaffir
Land, and the various operations against the chiefs on their
own ground ; the crossing of the Kye ; the successes over the
people of Hintza ; and the liberation of the Fingonation ;
finally, the concluding operations of the war, the treaties of
peace, &c. &c.
PRECEDENCY OF THE BARONETS.--In the ap-
pendix to the new and beautiful edition of Burke's Peerage
and Baronetage for 1837, a list is, for the first time, given of
all the Baronets of England, Ireland, and Scotland (or, Nova
Scotia) in their precise order of precedency. In referkoce to
this appendix, when one considers all the valuable documents it
comprises, Garter's Roll, Peers in order cf precedency,
collectively, and separately, Baronets in order of precedency,
rnotoes, trausltted and illustrated, &c., it must be admitted to
be the most perfect corollary ever appended to a work of the
same description.
MEMOIRS OF A PEERESS, EI)IZED BY LADY
Buay.—Of all the private memoirs of all the gret:t actors in
the gay world, whether French or English, we err, call to
mind none that take precedence of these in at:raction—not
merely because they are written in the liveliest and tersest
style, not merely because they embrace the lives of so many
and such various objects of curiosity among the curious, and
of distinction among the distinguished, but for this reason, in
particular, that they treat of things and persons so very .near
our own time that precise information, by means of a private
peep behind the curtain, becomes exceedingly difficult to ob.
tiin in I r;cise proportion as it becomes desirable. It is clear
to us that nobody had better opportunities than the authoress
of making revelations of the interesting reriod in question.
Extr,cts convey but a poor notion of the spirit of these extra-
ordinary disclosurs. The scenes require to be followed out