The Sun.
London, England, 1839-03-22 00:00:00

LONDON, FRIDAY, MARCH 22, P. 39

NATIONAL LOAN TUND LIFE AS-
SURNNCE AND
DEFERRED ANNUITY SOCIETY.
26, CORNHILL, LONDON.
67, New Buildings, North Bridge, Edinburgh ;
36, Westmoreland-street, Dublin ;
28, South , Cagle-street, Liverpool;
And 9, Clare-street, 'Bristol.
Capital, bOO,OOO/.
EMPOWERED BY ACT OF PARLIAMENT.
PATRON—His Grace the DUKE of SOMERSET, F.R.S..
DIRECTORS.
T. LAMIE MURRAY, Esq:, Chairman.
Col. Sir Burges Comae, K. C. S.lGeorge Lungley, Esq.
John Elliotson, M.D. F.R.S. K. F. 11. Alackenzie,
C. Farebrother, Esq., Ald. (John Rawson, Esq.
H. Gordon, Esq. - 'Joseph Thomr%on, Esq.
Robert Hollond, Esq., M.P. I
- -

. AUDITORS.
Dr. Olinthus Gregory, F.R. A S.
Professor Wheatstone, F. R. S.
Elliot3on, F.R. S.
SURGEON—E. S. Symes, Esq.
ACTUARY--W. S. B. Woolhous.., Esq., F. R. A. S.
BANKERS—Messrs. Wright and C,., and Messrs. Ladbrokes,
Kingscote, and Co..
STANDING COUNSEL—W. Milbourne James, Esq.
SOLICITORS—Messrs. Webber and Bland.
SECRETARY—F. Ferguson Canirouy, Esq.
. • LIFE ASSURANCE.
The new principles on which this Society is founded, bring
the benelits'a Life Assurance within the Peach of all. It pro-
vides against the contingency of misfortune during life, as well
as against the -isk of death ; and even affords to the Assured a
fund out of his premiums on which lie can at any time operate,
as his circumstances may require. It thus affords to the pru-
dent of all classes; the greatest facilities and most powerful en-
couragement to lav up a certain provision for the future.
Among other advantages the assured will enjoy the follow-
.

ing :-
1. Moderate rates of Premium consistent with security ; be-
sides the g iarantee of half a million of capital.
2. No entry-money.
3. Power of converting the policy at any time into apayment
in cash, a new policy, or immediate, or deferred Annuity.
4. After five years, two-thirds of payment on ehpsed policies
returnable at death.
5. The Assured, on complying with the conditions of tha
office, may, at any time, borrow two-thirds of all previous pay-
men:.s,_and the amount of any declared bonus.
6. Two-thirds of the entire profits on the Life Assurance,
and on the investment of the Giarantee Fund, divided an-
nually among the Insured, and at their option paid in cash,
added to the policy, or apr,lied in reduction of future pre-
miums.
7. Great facility in effecting Insu:ances. Premiums payable
by one paymi nt, or annually, half-yearly, quarterly, or monthly,
or on the increasing or decreasing scale.
8. Females assured at one year less than their actual ages.
9. Relaxation of restrictions on travelling beyond the limits
of Europe, except to places specially enumerated, and a policy
in force seven years not forfeited by suicide.
SPECIMEN OF ANNUAL PREMIUMS TO INSURE £lOO.

Iv' RS.

Age 'A. Age 25. Age 30. I Age 35, Age 40. Age 45. Age 50.
- - •------ -- --- ------ -----
X. s d. .-C. s. d. .Z. s. d. .C. s. d. .Z. s. d. .Z. s. d. £ s. d.
1 13 71 IS 6 2 4 4 2 10 11 2 13 5 3. 4 4 4 2

DEFERRED ANNUITIES.
By the operation of the same new principles, the Society is
enabled to afford to the public a plan of DEFERRED ANNUITIES
far more advantageous than any hitherto offered, whereby an
individual, by the contribution of a very small annual,
monthly, or weekly saving, may secure either a comfortable
provision for himself in alvan'ced age, or at his option, a large
sum of money, or a policy to his family at his death.
The industrious classes, hitherto obliged to resort to Savings'
Banks and Benefit Societies, will find in this scheme a far safer
and more profitable application of their savings. This Society
is enabled, by judicious and accurate calculations, to afford a
Deferred Annuity of a much greater amount than has hitherto
been offered, beside. the option of exchanging this annuity
when payable, for a large sum in cash, or a still larger Policy,
payable without premiums at death ; while, by giving to the
purchaser, at any time preceding the stipulated term of the
Annuity's commencement, the power of borrowing two-thirds
of all previous payments, it removes all risk forfeiture from
inability to continue premiums, besides affording au ample re-
source during sickness and want of employment ; and, should
the purchaser die before arriving at the stipulated.period, two-
thirds of his payments will be returned to his representatives.
The purchaser has also the power of converting, on equal terms,
his deferred into a prese A Annuity.
The following tables are a specimen of the treat and varie,i
advantages which the judicious application of a small saving can
secure through the Society.

SPECIMENS OF DEFERRED ANNUITIES.

I. BENEFITS.

Secured, on attaining the age of,
Fifty, by an Annual Premium
of 2/. 12s.

11. PREMIUMS.
lb secure, an Annuity£lo 0 0
attaining the cash ii,s 1, 0
age of Fifty, Policy —262 1 6
the option of

019
-- ltd.>. Payable Payable
'
..,,,, , ;41 Payable in
.. for'
="''' Annuity. Cash. Policy. ,r, annually. One Dia-
a.,,
1
h.gr'
I P ;.<
, . Stun. parity.
-f•-' *:. _ .

s. cl., s. d. s. d.i
20 10 12 ti 130 12 111,:214 15 0
25 7 14 8 139 8 0156 6 0
30 5 810 691!1 0109111 0

X. s. d.
20 2 9
25 3 7 3
30 4 15 7

s. d. s. u.
41 0 0 0 0
151 15 0 14 1 g
55 7 4 111 IS 0

Secured, on &tail-ling the 2e of T• secure, on Annuivxlo d 4
attaining the
Sixty-live, by an Annual Pre- Cash ~2 10 0
mium 442/. 12s. • ag f CO(S, the poiicy
....
.07 8 6
Po 0 11
tion
tof
£. s. d. £. s. d. £ X,
s. d. X. s. d. .s. d. £. s. d.
20 57 lii 6 394 11 0 464 0 6 `2° O 10 0100 0 0
30 26 15 10' 221 0 026 L 0 0 30 0 19.6 1.6 7. 1 7 311
40 1:1 19 9 115 5 S 136 6 6[ 40 ll7 3 27 311 19 410

Prospectus,
with every ca
Office, or at
of the princip

;es, detail
iriety of 'I
any of the
pal towns

ejects of the Society at length,
ty be had by application at the
s which are established in most
tited Kingdom.

POWER AND POSITION OF RUSSIA.
This day is published, in l ♦ol. post Bvo. 10s. 6d. cloth, lett'd.
THOUGHTS on TACTICS and MILI-
TARY ORGANIZATION; together with an Inquiry
into the Power and Position of Russia.
By Lieutenant-Colonel MITCHELL, 11. P.
Author of the " Life of Wallenstein."
" We would earnestly recommend to every Member of Par-
liament carefully to con over this important volume before
speaking or voting on the momentous subjects it contains,
otherwise we will deem him deficient in his duty to his consti-
tuents, and to his country in general."—Times.
London : Longman, Orme, and Co.

NEW WORKS,
Splendidly Illustrated, under the Superintendence of
Mr. Charles Heath.

LEILA, or, The Siege of Granada ; and
CALDERON the COURTIER. By Sir L. BUL-
WER, Bart. With Fifteen Plates and Portrait of the Author,
after Chalon. Royal Svc., price 11. I ls. 6d. ; Proof Plates,
21. 12s. 6d.
" An admirable tale, in which variety of impassioned inci-
dent, great warmth of picturesque feeling, and a series of slid,
den and strong dramatic movements, sustain a lively interest
from the opening., to the close."—Examiner.
THE PIRATE and THREE CUTTERS.
By Captain MARRYAT. With Twenty Plates by
Stanfield, and a Portrait of the Author. Royal Bvo., price
11. I Is. 6d. ; Proof Plates, 21. 12s. 6d.
" Captain Marryat never produced anything better than
' The Pirate.' "—Metropolitan.
ik.BOOK of the PASSIONS. By G. P. R.
JAMES, Esq.. With Sixteen Plates, after, Eminent
Artists. Royal Bvo., price 11. Ils. 6d. ; Proof Plates,
21. 12s. 6d.
" The beauty of the tales with which Mr. James has filled
this volume, like she beauty of the engravings which adorn it
seems equally to defy any attempt of ours to do them justice b;
our report."—Literary Gazette.
London : Longman, Orme, and Co.

THE THIRD EDITION OF
LORD LINDSAY'S LETTERS
on the HOLY LAND,
In 2 vols. with Illustrations, 245. bound,
IS NOW READY AT ALL THE BOOKSELLERS'.
Henry Colburn, Publisher, 13, Great Marlborough-street.

PUBLICATIONS

rjr lIE QUARTERLY REVIEW,
.No. CXXVI.,
Will be Published at the End of the Month.
• CONTENTS.

I. TRAWd.S IN AND ALUSI I.
11. NATURAL lasTorty AND FISHERY OV THE SPERM
WHALE.: •
111. PARAGUAY AND FR ANCI A. „
IV. STATE AND I'ROSPECI'S OF ASIA.
V AUTOBIOGRAPHY
,OP THOMAS TELFORD, :Civil
Engineer.
VI. OXFORD THEOLOGY.
VII. SIR EIIANCIS HEAD'S NARRATIVE; and LORD
DURHAM'S REPORT.
John Murray, Albemarle-street. •

Just published, in post Bvo., cloth boards, price 125.,
WOMAN PHYSIOLOGICALLY CON-
SIDERED as to MIND, MORALS, MARRIAGE,
AIATRIMONIAL SLAVERY, INFIDELITY, and DI-
VORCE.
By ALEXANDER WALKER.
" The author of this very singular work has discussed his
subject with great freedom and spirit, and with an intelligence
which will alarm ordinary minds."—Dispatch.
" Mr. Walker argues strongly and with eloquence on behalf
of those pecuniary rights which iniquitous laws have cruelly
withheld from the married women."—Parthenon.
• London : A. Baily and Co., 83, Cornhill.

A NEW EDITION,
:n 4 vols., Bvo., with numerous fine Portraits, of
THE LIFE AND TIMES OF
_ _ _

LOUIS THE FOURTEENTH,
By G. P. 11. JAMES, Esq.
Author of " Darnley." " The Huguenot," "Charles
Tyrrell," &c.,
WILL BE PUBLISHLO WITH THE MAGAZINES
On the 30th Instant.
Richard Benttey, New tiurti.,gton street.
(Publisher in Ordinary to her Majesty).

To be had of all Booksellirs. .
TR 0 LOPE'S WORKS

THE WIDOW BARNABY. 3 vols., 245.

VIENNA AND THE AUSTRIANS. 2 vols., Svo., with
14 Illustrations by Hervieu.
THE VICAR OF WREXHILL. Second Edition.
Three vols., with Plates, 245.
IV.
PARIS AND THE PARISIANS.
Tw•o vols. dvo., with 14 Illustrations.

V.
A ROMANCE OF VIENNA. New Edition, 3 vols. :245.

THE DOMESTIC MANNERS OF THE AMERICANS.
With Additions ; and Notes, now first added.
Forming Vol. IV. of " Bentley's Standard. Library,"
To be published with the Magazines on April 30th.
With numerous Engravings. Price 6s.
Richard Bentley, New Burlington-street,
Publisher in Ordinary to her Majesty. -

BRIDGE BUILDING OF STONE, TIMBER, IRON,
WIRE, AND SUSPENSION.
MR. WEALE has published PART I. of his
New Work on BRIDGES. Price 3s. Edited by
JAMES HAM, King's College, for the Theory;
And
WILLIAM HOSKING, F.S. A., Architect and C.E., for
the Practice. •
Part 11. will be published on the Ist of April, and the suc-
ceeding Parts on the Magazine-day of every month; the whole
to be comprized in Twelve Parts, forming a handsome volume,
to contain 100 plates.

59, High Holborn.

URSUANT to a Decree of the High Court
of Chancery, made in a Cause, CLARKE v. FONT,
the Creditors of CHARLES FONT, late of Peckham Rye, in
the County of Surrey, Gentleman, who died in the month of
May, 1838, are forthwith to come in and prove their debts be-
fore Sir GIFFIN WILSON, one of the Masters of the
said Court, at his Chambers in Southampton-buildings, Chan-
cery-lane, London, or in default thereof they will be excluded
the benefit of the said Decree.
WM. RICHARDSON, Plaintiff's Solicitor, Walbrook.
Dated the 18th day o' April, 1839.

DRESS COATS, cut in the first style of
Fashion, 30s. ; superfine, 40s. to 50s. ; frock coats,
silk facings, 38s. and 475. ; superfine silk velvet collar and silk
facings, 505. ; milled cloth great coats, 40s. to 60s. ; trousers,
6s. 6d. to Us. 01 ; fashionable doeskin and kerseymere, 15s.
to 255. ; waistcoats, ss. 6d. to 123. 6d. ; Petersham great
coats, 255. and 30s. ; pilot coats, 165., 215., and 30s. ; cloth
cloaks, 30s. to 635.; shooting jackets, 18s. ; dressing-gowns,
10s. 6d. ; boys' and youths' clothing ; cloth tunic dresses, 30s.
to 425.
A Suit of Clothes, 21. lie. ; Superfine Black, 31. ss.
At FISHER and CO.'s, Tailors, 31, King William-street,
City, ten doors from London-bridge.

4, ROPSY CURED.—Read the Essay on
the above Disease (price Threepence) lately published ;
by a PHYSICIAN and Al. R.C. S., who has discovered a new
and unerring method of treatment, which is perfectly safe and
successful in all the varieties of that distressing complaint, as
reference to patients will satisfactorily prove ; hundreds during
the past and present year having been permanently cured, the
majority of whom had been considered beyond all hope by their
medical attendants, the happy result of the new method proving
deyond doubt its great superiority over all others.
Apply (from ten till three daily) to the Physician, at Messrs.
Graham and Co., 138, Holborn Bars. All letters post-paid.

THE FERGUSONS.—We are requested to state
that Mr. Colburn of Great Marlborough-street, has this
day published the new work of fiction entitled, ." The
Fergusons ; or, Woman's Love and the World's favour," in
2 vols. post Bvo. which can now be had at all the Libraries
Mr. Colburn has also published this day, " The Popular
Songs of Ireland," collected and edited with introductions
and notes, by T. Crofton Croker, Esq., 1 vol., with
illustrations, 10s. 6'. bound ; and the third edition of
" Lord Lindsay's Letters on the Holy Land," in 2 vols.
with illustrations, 245. bound.
Mr. BENSON HILL'S " HOME SERVICE.”—
This work is distinguished from all other books of remi-
niscences with which we are acquainted, by its remarkable
union of that sort of artistical skill in the conduct of its
anecdotes, which may be called dramatic effect, with a
close fidelity to actual matters of fact. The circumstances,
stories, bon-mots, adventures, scenes of gaiety, frivolity,
terror, or humour, which Mr. Hill draws into the volumes,
are all derived from life, to the very names of the persons
who figure there ; yet they are related in the spirit of a
lively monodrame ; they have an air of fiction which en-
hances the interest without exaggerating- the substance of
truth from which it arises. In his Irish sketches and dia-
logues, Mr. Hill is (-specially successful ; but he runs
throughns
through such a variety of dialects, that instead of distin-
guishing a particular excellence of this sort, it would be
more just to point out the great merit of combining so
many. Nearly all the striking parts of this amusing work
are of the same character—full of contrasts and points,
adroitly mingled and happily conceived. The whole is a
close texture of ingenious abets, and displays an infinite
variety of mirthful and entertaining pictures of real life."
_Atlas.
To MESSRS. RoWLAND AND SON, 20, HAT-
TON. GARDEN, LONDON.—" GENTLEMEN,--I have been
prevailed upon by a friend to try your Macassar Oil, and
have, indeed, found it of amazing benefit in my family.
Four of my children, a few yea's ago, were ill with the
scarlet fever, and until about three months since, there was
not the least appearance of hair upon their heads. The
medical gentlemen who attended them
gave no hopes of it
ever returning ; but,, after using your Macassar Oil, a short
time, I found, to my great delight, their heads covered
with short, strong , hair, whichls now daily improving
You are at liberty to make whatever use you please of this.
advantage ; as I live
letter to your the country, I have
taken the present opp in
ortuulty ofconveying it by a friend
to you. I am,
i.
gentlemen, your humble servant, Janet
Smith. Ottringham, Yorkshire, June Bth.",
Rowland's
Macassar Oil is the only article that really produces and
restores the Hair; also, Whiskers, Mustachios, Eyebrows,
Ste. ; prevents Hair . fray! a
_incgl off or turning grey ;
changes grey hair to its orig.inabl o ?ur ; frees.it from scarf
and dandruff, and makes it.beautifully soft and curly.
lowest price is 3s. 6d.
Notice._Tho , the next price is
75., lOs. 6d., and 21$. per bottle. Ask for " Rowland's
Macassar Oil."
N' THE RIVER
ACCIDENT 0- i--Tuesday morn-
ing, about half-past nirieo' c 1 o_ci.l-
- as Jonas Fielder, in the
employ of Messrs. Smitb ers, ket and Co., of Dockhead,
Bermondsey, coal-merchant, was assisting in loading a
barge lying off Quecnhtthe. barf with timber, a heavy
plank weighing about three quarters of a hundred weight,
fell upon him, and, striking him with violence on the ab-
domen, caused such serious internal injury that he is not
expected to survive.
TILE T
OVERTHROW OF RANSIT COACH.—
On Tuesday last, as the Trensit, Sheffield and York coach,
atter place it
was on its way to the I , was overthrown when
about a mile on this sido of Selby. The accident was
caused by the breaking of the screw in the box of the near
side hind wheel, which came off. Tho coach was filled
with passengers id the time, but none of them, we under-
stand, received any injury beyond a few slight bruises.
After walking to Selby, they were forwarded in chaises to
York.—Sheffield Iris.

IMPORTANT PUBLIC MEETING.

(From the Gateshead Observer.)
THE NATIONAL LOAN FUND, LIFE-ASSUR-
ANCE, AND REVERSIONARY-INTEREST
SOCIETY.
A public meeting, convened by the friends of this
Society, was held in the Merchants' Court, Guildhall,
Newcastle, (JOHN Eso., the Mayor of the Bo-
rough, in the Chair). Amongst the persons present
were the Mayor and Rector of Gateshead (the former
of whom is a member of the Local Board), John
Brandling, Jonathan Priestman, John Morrison, and
Robert Todd, Esqrs., (who are also Directors), Dr.
Headlam, (Physician to the Board), William Loraine,
Esq., (Managing. Director), T. M. Greenhow, Esq.,
John Clayton, Esq., (Town Clerk), and other highly
respectable gentlemen of the town and neighbourhood.
The MAYOR having briefly opened the proceedings of
the day,
Mr. LoRAINE drew particular attention to the rever-
sionary scheme, es it affects the poor man, in the form
of a sure and efficacious Benefit Society, and as carry-
ing out the principle of Savings' Banks, where the law
arrests its progress. His remarks were very apposite,
and had made a lively impression, when he begged to
introduce his friend,. Mr. Caldwell, to the chair, and to
the meeting, as a gentleman better prepared to give a
mere ample exposition of the entire system.
Mr. CALDWELL, on rising, begged to preface his ex-
pected explanations of the:objects and plan of the Society,
by stating that, until his arrival from Carlisle, where
he had just established a most respectable and
efficient Board, he was not aware he should be expected
to take more than a very ordinary part in the proceedings.
He conceived that the subject must be now so well
understood by the enlightened gentleman connected
with it in Newcastle, and whatever information might
be still needed by the public, in addition to.. what hall
been already imparted by a plentiful circulation of pros-
pectuses, would be sure to transpire in the remarks of
gentlemen who had undertaken to move and support
resolutions. He still retained the same impression in
`the case, notwithstanding which, however, it was now
become his duty, in compliance with the desire of
friends to the cause in Newcastle and its vicinity, to
make a few observations relative to the objects and
plan of the Society in whose service he appeared. For
a thorough comprehension of both he must refer to
the prospectuses. But, first, he would state, that the
gentlemen who constituted the Court of Directors
in London, being men of undoubted substance, great
monetary skill, and eminent business-character, had such
confidence in the project, that they regarded its univer-
sal adoption as a mere question of time, and therefore
commenced with recommending it to the protective and
influential chases, when they might by opening offices at
first, with their energetic and enlightened agencies, in'
tercept no ordinary proportion of the current business
flowing in upon other Companies. This single circumstance
alone was sufficient to show the independent views of the
original and Central Board, who needed not for them-
selves any sudden benefit but calculated on the vastly richer
harvest which might be expected from their more patient,
legitimate, and effectual culture of the soil. They aimed
at primarily associating with themselves, in a community of
interest and feeling, the protective classes, knowing that
each individual was thc centre of a numerous group of per-
sons, whilst every individual of each group was, in turn,
the stay and friendly adviser of a still more numerous
class of humble neighbours and dependents. Then,
the principle of their association was the only true prin-
ciple of all sound and honest enterprise—equitable re-
muneration, according to every man's share in the
transactions of the Company, whether in the capacity
of agent or customer. The morality of the system
turned on the verity, that whatever was certainly and
permanently beneficial to any one class of the commu-
nity, was beneficial to all. And hence, without any
affectation of other purpose than of business, the pro-
ject extended its benign proffers of the greatest
practicable advantages to the millions of working people,
heretofore shut out altogether from the benefits of the
incalculably important assurance principle. It were su-
perfluous for him to dwell on the nature and value of
this principle generally ; it was only necessary to notice,
so far, the Society's extension -of it to the classes to
which he had just alluded. Meanwhile he would remind
the ranks above them, that on the due sustenance and
direction of the other's productive power, and application
of its products, depended not alone their own immediate
welfare, but that of all other states and conditions, how-
ever eminent. With those millions, the original creators
of the vast wealth of this mighty empire, which yet insist
be placed under the guidance of superior wisdom and pro-
tection,to profit the producers themselves—the Society in-
tended (as it was fitted by the complete adaptation of its
machinery) to deal, as well as with the thousands contem-
plated in other projects. And, therefore, did it com-
pass with its operations so extensive and productive a
field of labour, that, in comparison with the harvest
which it could not but eventually reap, the undoubtedly
large profits of other estimable Assurance Companies
could only be regarded as the first fruits of the felicitous
invention for augmenting and securing to the prudent
of all grades, the utmost benefits derivable from all'
that they might save. Ho would now assume that,
with there few observations, the designation of the:
Society sufficiently declared its own objects to
the dullest comprehension. As a " Life Assurance
and Reversionary Interest Society," it embraced
every operation of other Companies, from which,
however, it stood forth pre-eminently distinguished by
the immensity of the field that it occupied, and
the multiplicity of conditions with which it treated for
the advantage of all. And although to the prospectuses
he had already referred for full information on these
points, he would here obtrude one exemplification of its
beneficent working to the labouring man. It appeared
that it' a person, from the age of 20, paid until he ar-
rived at 65, one shilling a week, ho became at that
period entitled to. an annuity of 47/. 16s. 6d. for life.
In lieu of this, he might receive, if he pleased, in ready
money, the sum of 394/. I ls. ; or a policy on his
life, payable to his family at his death, of 4661. In
case he became unable, at any time, to . continue
his payments, he might stop, and convert the whole
amount of those effected, up to that period, into an
equivalent annuity—sum in hand—or a policy on his
life. Or he might be enabled to maintain his original
purpose, by the right that he acquired to borrow from
the Society, on the security of his policy, two-thirds of
all his phyments up to that time. Should he. happen
to die before the time, or choose to retire altogether,
his. representatives, or himself, as the case might be,
would be entitled to receive back two-thirds of all be
had paid, increased by whatever bonuses fell to his
share up to that event. Now, it was only requisite to
multiply the aforesaid items into any number, to show
what powerful motive was held out, in the same way, to
many higher descriptions of persons,. who might be
equally precluded, by the precarious tenure oitheir pre-
sent means, such as bankers, merchants, clergymen,
lawyers, physicians, clerks, &c. &c. How easy, would
it be for many of these to set apart (e. g.) five shil-
lings a week, for which trifling sum a man might
secure, in similar predicament with the poor labourer
before contemplated, the option of 2391. 2s. 6d. per
annum for life-1,9721. 15s. in hand—or the ability to
bequeath 2,3301. to his family at his death. Of course
the reversions might be fixed at any earlier period, and
the payments commence at any later. He conceived
that enough had been now said to justify to the meet-
ing the Society's assumption of the title, " Loan-Fund,
Life-Assurance, and Reversionary-Interest Society."
Nor could the epithet " National " be justly denied to
it, seeing it embraced every possible form and measure
of capability to be met with in the empire, extending to
each the requisite and appropriate accommodation.
Meanwhile the humble thrifter was encouraged to depo-
sit his minutest savings in the Savings' Bank, to fructify
there, and thence to be drawn out for periodical dis•
bursements to this Society. And now he would make
but one other remark on this part of his theme, which
was, that while the Society's rates on Life Assurance
presented little variation from those of other respectable
Companies, yet the prospect of the immense business to
be done by it, and its assignment of two-thirds of the
profits to its customers, must inspire expectations of ad-
ditional benefits far exceeding the ordinary rule. After
so much premised, he felt assured that the Society had
fully vindicated its right to the appellation of a truly
" National Association." But the few words he was
yet obliged to add, as to the plan of the Society, would
still further illustrate its national character. He
had already adverted to its method of proceeding for
the enlargement of its machinery, by enlisting, in the
first instance, the wealthier and protective classes in
every neighbourhood. These it associated in one com-
mon interest, and one common feeling, by the formation
of Local Boards in every city and great town of the
empire, all the members and officers of which were re-
quired to qualify, by holding each at least,fiftyshares, at
par. When the organization was prepared to work,
an additional number of shares at par were left at the
disposal of the Local Board for allocation in their
neighboUrboods ; after which, if more shares were
called for, they were charged with the current pre-
mium, which ranged at present from ten to fifteen shil-
lings on the first instalment of 455. This, he happened
to know, was now actually the case at Exeter, where,
after the assigned shares at par were all distributed,
others were being disposed of, to the influential classes
only, at a premium of 10s. ; and this, while the " West
of England Assurance Company" flourished there to
an extent, perhaps, beyond what it did in any other
part of the country, By this operation also, then, the
Society became " National" in its very constitution,
from the combination of all the influences and inte-
, rests that it secured in every locality. Added to this
its modes of procuring business (well known to some of

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