The Sun.
London, England, 1838-07-17 00:00:00

TIDE SUN, LONDON, TUESDAY, JULY 17, 1838

NATIONAL LOAN FUND SOCIETY

(From the Leicestershire Mercury.)
We are extremely happy in calling the attention of tlie
public to the great advantages of this excellent institution.
The call of duty to every one to procure for himself and family
an honourable independence, before the decline of life, is
urgent and important ; but hitherto :ho tne.ns rf accomplish-
ing this have never 1-een realized r, waist of it groper channel
for investment. This, the Nici,,nal Lean Fund Society,
presents, and combines in its details, all the obj-.‘cts of a
Friendly, Benefit, and Co. operatk e Society, upon a more per-
fect and comprehensive scale than any which has hitherto been
promulgated. The industrious classes having within thews( Ives
the mainspring of el:) a', might by a judicious combination,
carry it to any extent they may wish. TI eir labour pro-
duces iccome, and by a trilling we, kly saving an independence
may be effectei ; their sae lugs would accuraruta'e at compound
int rest, surf by being at liberty to borrow two-thirds of their
pavme:rtF, they have the bon, fit of them in furtherance of their
obj.:ets during the active period of life—of set wing an aanuity
aga•mrt old age—cr to place their families in comparative case
in the etent of death. This is the true ccur.omy of capital.
It will be fOuud by accurate observation that the system Is
perf. et, needing only provident minds to take advantage of it.
It calls r,r no privatio no stern rigour, for its fulfilment.
Want of eraplo)ment is providei for sickness and distress are
sup ported---a social edifice is at once reared wherein all may
he sheltered. If a wish could but accomplier thi., how anat.
ously would it be hoped for. It can be effs:cted under thst
protection of this valuab!e •naitution.
T..

o the :EDITOR of the MORNING CHRONICLE,
SlR—in your paper of this day, under the head of "Money
Ma ket and City News," I find this paragraph
" Amongst other reports is one that a distinguished Member
of the Committee is observed to be quiescent on the subject of the renewal of the Charter, and has avoided all cross-examina-
tion of Vie witnesses for the Bank in a manner which some
persons remark upon with considerable surprise and regret."
There is so much that is untrue suggested in this paragraph
that I suppose I must take the " distinguished member" to
mean myself, and as such I mean to check the unfounded
reports—if it be possible to do so—by stating that Ihave been
guilty of no acquiescence in the Bank of Ireland monopoly;
that at present my conviction is that such monopoly is highly,
and I may say fully, detrimental to the agricultural and
trading interests of Ireland. lat present believe it to be,
without excuse or pallia:ion, a solecism in political economy,
and a commercial inconvenience, using a light word to express
a strong opinion.
I will not allude further to what has occurred in the Com-
mittee save to deny the accuracy of the reports in circulation,
and to say that I, of course, reserve my final determination
until the evidence retpreting the Bank of Ireland is closed,
which it is not at present. I am, however, free to add, that,
if the remaining evidence shah not alter my views, I must bo
a decided opponent to any renewal of any ef monopoly of issue
of notes by the Bank of Ireland.
The Committee being a " secret Committee," lam for-
bidden to discuss what has actually occurred there--even to
prctcct my self from the unfounded insinuations in your City
article and in the columrs of a weekly journal.
I have the honour to be, your your obedient servant,
DANIEL O'CONNELL.
19, Mall mall, July 16, 1838.

SPORTING INTELLIGENCE.

TATTERSALL'S—Y ICSTEI:DA r.
The betting yesterday was of a desultory and not very interest-
ing kind, the amounts laid out, and tha alterations effected, being
equally slight. The Liverpool Cup betting was confined to three
horses, the odds, with the exception of a trifling improvement in
St. Bennett, remaining nearly the same as at the close of last
week. For the Goodwood Stakes Loutherbourg was all the rage,
12 to 1 was taken freely. Valentissimo anilMalionietan nomikally
at different odds, are so close together that two or three good men
would have taken the latter at evens. Very little was done on the
Great St. Leger; lon, Grey Momus, Cobham, and D'Egville 41.
were backed at prices which vary little from our last quotations.
The closing odds were as follow :
LivEttener. CUP (TO-MORROW).
5 to 2 agst Lord Eglinton's St. Bennett—tak 'tt
5 to 1 agst Lord Suillehi's Caraven
5 to 1 agst Mr. Fergusson's Harkaway --
Several even bets were made botwixi. Caravan and Harkaway.
GOODWOOD ST.A IC ES.
9 to 2 agst Sir G. Heatheote's Valentissimo
to 1 agst Mr. Ostitildeston's Mahometan
12 to 1 agst Mr, Theobald's Lotaherbourg—taken
20 to 1 agst Mr. Robertson's Edgar
110 to 50 agst Itlahom-tan and Valentissimo—taken
110 to 20 agst &Mg Cole and Heron—taken
TIONCASTER ST. LEGER.
9 to 2 agst Colonel Peel's Ion—taken
13 to 2 agst Lord Chesterfield's Don Julia
10 to 1 agst Mr. Coombes's Cobham
13 to 1 agst Mr. Parkin's Lanercost
13 to 1 agst Lord G. Bentinele. Grey. Momus—taken
14 to 1 agst Lord G. Bentin.;:es D'Egville—taken
20 to 1 agst Mr. Bowes's Appleton Lad—taken
300 to 50 agst Grey Mdmus and D'Egville—taken

UDL 11" RACES, FRI 1).1r .
The Gold Cup, in specie, by Subscribers of 10 sovs. each, and
20 added from the Fuild. Twice round from the Chair. 5 Subs.
Mr. Collett's Bath, 3 \rs, 6st. 9lb
Mr. Halifax na. Barclay, 4 yrs, Bst.
Colonel Salwey's Isaac. aged, 9st
3
Mr. E. Peel's Tamwerth, aged, 9st. 316
The Oakley Park Stakes of 10 sovs. each, with 25 says. added
by the Right Hon. Lord Clive, for half-bred hunters. Heats,
T. Y.C. 7 Subs.
Mr. Onglev's Donnington aged, 125 t... ...... ...Galloway 4 1 1
Mr. Christian's King Ilarry, 4 vrs, lOst. 51b ......... 54 2 Mr. Jenkins's Duenna, 11 -t. I lib
.11r Acker` nu. b. g. by Eastg: eve, 4 yrs, lOst. 51b....- 2 2 dr
Lord Clive us. ch. g. by Easi,grove, 4 yrs, lOst.
A Free Handicap Sweepstakes of 3 sovs. each, m ith 20 added by
the Members for the Southern Division of the County. The
second saves his stake. Heats, once round and a distance. 19
Subscribers.
Mr. Reo's Fussy, aged (h. b.), 6st. 10lb A lad 1- Mr. Jones's Emily, 6 yrs, 9st. 21b 1
2 2
Mr. Christian's King llarry, 4 yrs, itt. 81b

SOCIETY FOR, PROMOTING PRAC-
TICAL DESIGN.

On Tuesday evening, E. H. Letitia, Esq., delivered the
opening Lecture for the summer quarter, at the Schools of the
Society, Saville Muse, Leicester-square.' The audience
consisted of upwards of three hundred persons, One-fifth of
whom were ladies, The -Lecture was the first of a course on
the art cf Fresco Painting.
The Lecturer commenced by expressing the satisfaction ho
felt that the day had at length arrived when every kind of
knowledge, connected with design, vvould be poured into a
public treasury, instead, as the custom had heretofore been, of
confining lectures and instruction of this class to such only as
could obtain them by interest or effluence. Ile adverted to
to the inquiry before the Cominitee of the House of Com-
mons, on the report of which the operations of the Society
arc founded, and observed the result was, that the advantages
of artistic study and instruction were equally el% seated to the
artist, the artisan, and the mechanic, and that the diffusion of
the first order of taste and excellence, through Br:tish art
and manufactures, was, ender the judicious management of an
organised body, curtain of being accomplished. •
Without an energetic effort to sustain the dignity of art as
it was practised in former d it was evident, Mr. Letitia
observed, from the great number of second* third, end fourth
class pictures which are annually exhibited, and the paucity of
• those in the first class, that purity of taste, and grandeur of
style, would never be the characteristics of the British School.
The sciences were far in advance of the fine arts ; in proof of
which he needed only to refer to some of the wonders which
had been achieved in modern times by mechanical and chemi-
cal power, It was for the Artists to enter the arena with
their contemporaries in science, and not wait for patrimage,
but to lead and cultivate the public gusto by striving to rival
the r xcellences of their great predecessors,
Mr. Letitia then proceeded to exhibit some Frescos by
Paul Veronese (one of which was very large), end to describe
the composition itself, with the manner of using it. It was
in fresco that the anc,ents produced those spirit-stirring -com-
positions which have been the wonder of succeeding geriera-
tions, and a halo of glory still rested, and must ever rest,
around the laurels of such giants of art as Raphael, Michael
Anp,,,elo, Leonardo da Vinci, Titian, and Corr..gio. He in-
ferred from the principal works of these- masters, as well as
the exquisite specimens at Pompeii, Herculaneum, Bologna,
and Milan, being executed its fresco, that the decided prefer..
once given to this mode of painting for pictorial decoration
arose front the advantage it possessed for this purpose over
oil or any other known vehicle; first,• from its clearness, and
its colours retaining their original brilliancy; secondly, from
the absence of glare, which renders oil-paintings so objeCtion-
able, 'as they can only be viewed at certain a.igles of vision,
the powerful varnish requisite to bring them out itself pro.
ducing discoleuration ; thirdly, from its extreme durability,
which is coeval with the walls' which it adorns; and lastly,
from the broad principles of art which it necessarily inculcates.
calling forth every faculty, and creating in the exercise of it a
preci,ion of touch teid breadth of style, which preclude every meaner detail, that would lessen the sublimity of the concep-
tion, end contract the genius of the artist.
Mx. L. then minutely, described tha respective styles of
Raphael, Michael Angelo, and Leonardo da Vinci, and made
some appropriate observations on each. He deprecated the
system of stilly and the distribution of medals at the Royal
Academy and the Society of Arts, and having expressed a
wish that our noble Metropolitan Cathedral should (and why
should it not ? he asked) exhibit on' its walls talent analogous
to the grandeur of its outward form and dimensions, •Con.
cluded'his lecture amidst the general applause of his numerous
auditory,

Parliamentary Electors in Cities anti Boroughs entitled
under the ]Reform Act; will lose their votes for the next
y ar, unless they pay, on or before the 20th of July instant.
Itll the
tiem, p
ino o
rf'ess
pr actee (
ts
of
kattwill
their
window
iri,r:n premises previously
if a n) payableto t h froth
th
or April last. County voters must send in their claims by
.Mtli of July instant.
We I ave been told that at the conclusion of the. Re-
,1),(10 park, on Monday last, the Queen asked Marshal Soult.
who ha.;,p, n d to be ne.tr her Majesty at the time, how he like the appear.
anent of leer troops. The.varshavilanswor was., That the appearance
of
the
troops was vcr tin-e
---was admirable; but as to their brav:ry (con-
tinued he l tliat I have hittl'iong experience of."
The trection of tlie• new sewer in the Uxbridge-
road haring canoed a great deficiency of the ornamentnl water in Ken-
sington gardens, the Mice N. Woods and Forests have agreed with the
Paddington \Vatev.works Company. fir 5001, a year, to supply the Ser-
pentiao with a tuttieicnt quantitY. Them has nut 1.),(,)) (,))0.0) of wafer
to inn down the ornamental caw:..ike at. the tiut of the Sepentine river
or many years,