The Sun.
London, England, 1853-06-15 00:00:00

ASSETS.

Present ♦alue of the premiums payable for
policies current at the 31st December,
1852 . . . . . . . £209,232 0 2
Loans to policyholders, at 5 per cent. in- _ _

terest . . . .
Value of furniture . .
Lease of premises . . .
Balance in hands of agents .
bankers .
secretary

6,761 8 6
150 0 0
550 0 0
2,697 0 3
1,037 7 3
8 18 9
22 11 0
1,047 2 6

ff
Stamps on hand .
Exchequer bills .

£221,506 8 5

Mr. KING then said, that as an old member of the as-
sociation, he begged leave to move the adoption of the
report. It was, he considered, one which demonstrated
that the company was progressing satisfactorily, and he
thought that the fact of the company having, from new
business, received upwards of 4,0001. in the course of
the last year of their operations, was sufficient evidence
of the validity of the principle of indisputability.
The motion, having been seconded, was unanimously

agreed to.
The CHAIRMAN having explained that, according to
the provisions of the deed of settlement, himself and
Messrs. Bevan and Parnell retired from the direction,
they were unanimously re-elected, as were also the re-
tiring auditors,
Mr. C. STEED then moved a vote of thanks to the
directors, the medical officer, manager, secretary, and
other officers.
Mr. MURRAY, in seconding the motion, said that he
was of opinion that they had now received sufficient
evidence of the efficiency of the principle of indisputa-
bility. He had lately brought under his attention the
whole subject of life assurance, and the result of his
study was, that he regarded mutuality, indisputability,
and annual division of profits, as the principles essential
to its existence. The advantages of the mutual system
over the proprietary were universally admitted ; but the
same admission was not universally made as to indis-
putability. The members of this society knew the value
of it, and they should use their best exertions to main-
tain it. For his own part, he considered it as the
foundation of life assurance ; it was to that what the air
they breathed was to animal existence ; if they had it
not they died. They should then not rely upon what
others did, but exert themselves to promote the estab-
lishment of a principle so useful. He had found that,
in other societies, there was now much regret that they
had not started upon that principle, and that fact was in
itself sufficient to show its advantages. With those few'
remarks he begged leave to second the motion, again
impressing upon the members that it was their own inte-
rest to promote the business of the company by making
the principle upon which it was founded generally under-
stood.

The proposition was then unanimously agreed to.
The CHAIRMAN and manager acknowledged the com-
pliment upon their own part. and that of the other offi-
cers ; and a vote of thanks having been passed to tke
chairman, the proceedings terminated.

EXECUTION OF A MoNsna. —A man was recently
executed at Naples, who was proved to have been
guilty of murdering twenty-nine persons, including hie
father and mother, and .ernral ()therm of big own family.

LONDON, WEDNESDAY, JUNE 15, 1853.

Whatever be the result of this Eastern diffi-
culty, by which the public opinion of Western
Europe has recently been so much disturbed, it
behoves France and England to look henceforth
with peculiar jealousy upon the course pursued in
reference to Turkey by the Russian EMPEROR'S
Government. We speak thus advisedly. We
assert that the policy of the Cabinet of St. Peters-
burgh must in future be watched with distrust by
the Cabinets of Paris and London. And we
proclaim such to be our conviction at this par-
ticular moment, because we observe, on the
part of the AUTOCRAT, a blustering indication
of his readiness—now that he sees the impractica-
bility of the scheme based upon the duplicity of
his lawless ambition—to consent to some amicable
arrangement. Our anticipations to this effect are
being already fulfilled. The CZAR recognises the
impossibility of encroaching just yet upon the
dominions of the SULTAN, without rousing in war-
like concert the opposition of France and England
—the arbiters of the destinies of Christendom.
He perceives that, for the time being, it is alto-
gether chimerical to dream of conducting his
Cossacks to Constantinople. He knows perfectly
well, that by land his army would have to
break through the tremendous barrier of the
patriotic forces keeping the heights of the Balkan
mountains. He is perfectly aware that by sea his
fleets would find themselves opposed by the mari-
time armaments not alone of the SULTAN, but of
the English QUEEN and the French EMPEROR in
like manner, supposing that is to say that the
war-ships of the CZAR had the extravagant teme-
rity (which is incredible) to advance, under ex-
isting circumstances, from Sebastopol to the
Bosphorus. The Emperor NICHOLAS is con-
scious of all these formidable obstacles to the
carrying out of his project; and, already, conse-
quently, he evinces a willingness to consent to an
amicable settlement. Not, however, without
some blustering show of his pride, his strength,
and his indignation ! Hence we are warned that
the passage of the Pruth will be effected, and
that his troops will occupy for a while the whole
or part of the Danubian principalities. Immediately
news of this movement having been effected has
come to the knowledge of the Western Powers, the
French and English Fleets will hasten through the
Dardanelles, and take up their position in the
waters of Constantinople. Circumstances are dif-
ferent now from what they were in 1828, or from
what they were yet later in 1848, and the Courts
of St. James's and the Tuileries cannot be re-
garded as precisely in a mood to look upon the
occupaticn of the Danubian provinces as a measure
merely of self defence on the part of the Russian
Government. Indeed it has been declared not
long ago, that directly information of that proceed-
ing reaches Paris, 30,000 French soldiers are at
once to be embarked for Constantinople. Whether
this be the intention or not of the Emperor
NAPOLEON, it is at any rate certain that the march
of the Russian troops across the frontiers will be
viewed by France and England as an open decla-
ration of war against Turkey and her allies.
Therefore, we repeat, so soon as the Cossacks shall
have crossed the Pruth, so soon will the French
and British fleets pass up the channel of the Dar-
danelles. Ultimately, no doubt, all existing
difficulties will be smoothed away, for it
is absurd to suppose that the CZAR will
venture to struggle single-handed against the rest.
of the great Powers of Europe. He will bluster
a little more first, and then consent to a compro-
mise. According, indeed, to the Gmette des Posies,
at Frankfort, he has already accepted the media-
tion proferred to himself and the Sublime Porte by
the Austrian Government. " it's an ill wind," &c.
—we all know the old proverb, but that old pro-
verb may here be reiterated, we belieVe, with
some propriety, seeing that it has, in the Eastern
Question, the advantage of a new illustration. The
ill wind referred to inthe present instance—a bitter
East wind as we doubt not has been discovered
long since by JOHN JARNDYCE, if he be anything
of a politician—has blown to us one good at least
has brought the Governments of France and
Great Britain into the most cordial alliance known
since the 1848 Revolution.

If there had. been any real foundation for the
praise so profusely lavished on the administration
of. affairs in India by CHARLES WOOD,—if the
Right Hon. Baronet indeedacellrlbtelievf.A. that his own
welle, vithout colouring
assertions were strictly
as hesitate before
or exaggeration,—he mi,,litc
anomalies
which al_
touching or interfering with
soiesitcould
though " one of the greatest
be possible to find," had yet worked
been productive of such beneficial results well,
andii
had, however, proved too much for his own e
pur-
pose. If his statements were to be credited, his
interference with the constitution of the Company
was unnecessary and uncalled for—a bad substitute
for the thanks and gratitude due to the Leaden-
hall-street oligarchy—but if otherwise, if his
compliments were overstrained and unmerited,

dictated by the same wilful blindness which, in
the beginning of October, 1847, and immediately
before the virtual suspension of the Bank-Charter
Act, induced him to deny the existence of com-
mercial distress, or that there was any great or
unusual difficulty felt by persons of approved
solvency in obtaining pecuniary accommodation—
then we must dismiss his testimony as to the
practical operation of the system, taking only his
reluctant admissions as to its theoretical defects,
which are too palpable to be denied, and looking,
to the evidence of less prejudiced and more trust-
worthy witnesses as to the points in dispute re-
specting the comfort, happiness, and prosperity
of the people whose destinies are handed over to
the tender mercies of the double Government.

Unfortunately, these are too many means of
testing these statements—too large an amount of
unexceptionable testimony arrayed on the other
side to permit any doubt as to the conclusion that
must ultimately be arrived at by disinterested and
unprejudiced men. We may inquire whether the
time since the last renewal of the Charter has
been characterised by the preservation of that
peace and tranquillity without which the condition
of the people could not be materially improved or
ameliorated ? or if, unhappily, hostilities had
broken out, and wars been waged, whether they
were, indeed, just and necessarily essential to
the maintenance of our own rights and privileges,
or in vindication of the cause of suffering
humanity ? Whether they were so forced
upon us that no alternative remained, and that
we were as temperate in the hour of victory as
we were firm and unyielding in the time of danger
and difficulty. We should also ascertain what
has been the financial management during the
same period ? Whether the revenue had been
productive, leaving a handsome surplus for the
construction of those works of public utility so
exceedingly beneficial to the people, and even
remunerative as a mere pecuniary speculation ?
What has been the amount of expenditure in
such works ? Has it been proportioned to the popu-
lation, the superficies, and to the exigencies of the
several districts ? What has been the condition
of the people ? Have they been in possession
of the necessaries and some of the humble com-
forts of life ? Can they obtain remunerative em-
ployment, so that the man of good character, able
and willing to work, was sure of obtaining remu-
nerative employment ? What are the tenures by
which they hold the tenements in their respective
occupations. Are those tenures such as to insure to
each man, or his children, the enjoyment of the
fruits of his own industry—to encourage agricul-
tural improvements, and the judicious cultivation
of the soil ? Has suitable provision been made
for the instruction of the masses, so as to remove
the ignorance so injurious to the character of the
people ? Has encouragement been afforded to
duly-qualified natives, by enabling them to ob-
tain employment, and, if deserving, pronaotion in the
public service ? Has the administration of justice
been above reproach, and such as to insure the
confidence and respect of the people? And are the
judicial authorities well supported by a vigorous
and efficient police force, ready to repress crime, '
and to carry the decrees of the various tribunals
into operation ?. In short, are the inhabitants
contented and happy—grateful for the blessings
they enjoy, and abstaining from complaints or re-
monstrances that could have no adequate founda-
tion under a system where every wrong was cer-
tain of obtaining speedy redress ?
These are interrogatories that must be fully and
fairly answered--matters on which ample satis-
faction must be given before we can consent to
renew for an indefinite period " the anomalous
form of Government," such as "no man, if he
were called upon to sit down to the task of con-
structing a Government for India, would desire to
construct." In the necessary inquiries that must
be instituted for that purpose we shall find our-
selves materially assisted by a series of pamphlets
which have been published, and are in course of
publication on the subject of India Reform,*
and in which the various matters above referred
to are not only treated with great ability, but
there is much genuine and trustworthy information
on points which, if generally known, would excite
a universal feeling of indignation at the system
which has produced such fruits. The conduct of
what has justly been termed the "bureaucracy,"
the maladministration and misgovernment that
has occurred in consequence of the baleful influ-
ences in operation, are clearly and ably exposed.
It is shown the important feature of the British
Constitution, that " there is no wrong without an
adequate remedy," is unknown in India,t which
position is illustrated by the cases of " the Car-
natic stipendiaries," of the private property
of the deeply injured PERTAUB SINGH, the
deposed Rajah of Sattara whose deplor-
able case must be familiar to the habitual
readers of this journal, of the infamous treatment
of the native merchants exemplified by the course
pursued towards the great Parsee firm ofPESTONJEE
VICCAGEE, who advanced money not to, but for
the benefit of, the Anglo-Indian Government, and
when no longer willing to persevere in such a
course without adequate security, were wantonly
plundered—we had almost said with " the sanction
and connivance," but certainly without the in-
terference, of the British resident, one word
of remonstrance from whom would have obtained
justice for the highly respectable and once opu-
lent, but now impoverished, firm, the representa-
tives and agents whereof were banded from Can-
non-row to Leadenhall-street, and thence back to
Calcutta, in order, we suppose, to exhibit, in the
strongest point of view, the advantages of a double
or treble Government, and the divided responsi-
bility under, and by virtue whereof, the parties
were prevented from publishing, for a time, their
wrongs in England, and seeking redress from the
Imperial Parliament. The case of the RAJAH of
Coorg, another mediatised Prince, who, though
the representative of one of our earliest
and most useful allies, and invariably faith-
ful to the treaties into which he had entered,
was dethroned—his treasures seized, his dominions
annexed, and himself and family sent as prisoners
of war to Benares.

In his case, even the right to pay the interest
or a portion of the Company's debt was repudiated,
his just complaints remaining without notice in
India, and when brought to this country, being
referred back to India for adjudication. Surely
cases such as those above referred to are sufficient
to justify not merely delay, but the total aboli-
tion of the system under which such grievous in-
justice is perpetrated, and where the victims can-
not even obtain the slightest attention to their
remonstrances, much less redress for the serious
grievances they have sustained.

* " India Reform," Nos. 1 to 7. London : Saunders
and Stamford, 6, Charing-cross. Manchester : Simms
and Denham. •

t St!e No 7—lndia wrongs without a Remedy.

THE QUEEN'S VISIT TO IRELAND.—An official Com-
munication has been received in Dublin, intimating the
fact that her Majesty will honour Dublin with a visit,
but she will only remain a single day.
UNITED LAW CLERKS' SOCIETY.—The 21st anniver-
sary festival of this institution was held last evening at
the Freemasons' Tavern ; the Hon. Mr. Justice Coleridge
presiding. The report stated that the society had
granted to members in sickness out of the general fund
a sum of more than 3,0001. There were four members
on the superannuation list—three of whom were receiv-
ing 311. 4s. per annum, the other 361. Bs. Four mem-
bers had died during the year, and seven members'
wives ; in the former cases 501. each had been granted,
and in the latter 251. The general benefit fund amounted
to 15,8071. 13s. ld. The number of applicants for relief
from the casual fund was 36, to whom a sum of 3811.105.
had been granted, making the total relief granted out of
this fund 4,4911. 16s. The usual loyal toasts having
been drunk, a collection amounting to upwards of 4001.
was made, and the company separated.
ROYAL GARDENS, VAUXHALL.—.The season bids fair
to be one of the most successful which the Royal pro-
perty has had for many years. The enterprising mana-
ger, Mr. Wardell, certainly does his best to deserve suc-
cess, by the variety and excellence of the amusements
which he provides for his visitors. The equestrian per-
formances alone are an evening's entertainment, but
when to these are added a concert of the most superior
description, under the direction of Herr Somers, the
panorama of the Frozen Regions, the stupendous and,
gorgeous picture of the Temple of Guadma, which we
la:nerd of
perceive is now lighted with gas, the brilliant fireworks,
lastly, the gay dance, provided for the express delec-
tationgentlem with , p
latch-keys, and no curtain lec-
tures to dread-2 these combined, are sufficient, we
should think, to satiate the appetite of the most invete-
rate sight-seer.
reyatthhienrgiauttooc,onitsinmueosfitneextcheellreenwt
will
its and if the weather
be no Lick of visitors.

MONEY MARKET AND COMMERCIAL
INTELLIGENCE-(THIS DAY.)

CITY TWO O'CLOCK.

The sales of cotton at Liverpool yesterday were esti-
mated at about 10,000 bales ; of which-4,500 Amer--
can were taken for export and on speculation. The
market was firm, and prices of American a shade against
the buyer. The sales comprised 9,000 American, 100
Egyptian at Bd. to ls. 54d., and Surat at 30. to 41d.
per lb. INlway shares were firmer.
The steamer Parana has arrived from the West Indies,
but the letters will not be delivered in town until to-
morrow.

There are no further ships in from Australia.
The following petition is to be presented to Parlia-
ment by Lord John Russell, and will be influentially
supported :

" Unto the Honourable the Commons of Great Britain and
Ireland, in Parliament assembled.

" The respectful Petition of the London Society for the
Institution of Tribunals of Commerce,
" Sheweth,—That while your petitioners have no desire to
undervalue the labours of those great and good men who have
by the County Courts brought law to every man's door, by
reforms of procedure in Chancery and the Courts of Law, and
by changes in the law of evidence and bankruptcy have re-
duced the costs and abridged the intricacy of the technical
means of vindicating civil rights, and have greatly simplified
the access to the tribunals of the country, they are of opinion
that the present system of jurisprudence is too artificial for
the wants of a trading community, to whom the delay of a
single clay might prove of the greatest importance. The ex-
perience of nearly every civilised country has proved that
commercial operations are little susceptible of formalities,
and that Tribunals of Commerce offer a speedy, cheap, and
effectual means of settling questions of right, according to
the dictates of natural equity, in conformity with the known
and understood custom of commerce.
" That such Tribunals are eminently calculated to produce
uniformity in the principles of international mercantile law,
and to prefer the plain dictates of substantial justice above
the mere technicalities of the law.
" That they offer a means of assimilating the mercantile
jurisprudence of the three kingdoms, and of giving uniformity
to the principles which regulate the relations of debtor and
creditor, and the law of bankruptcy and insolvency through-
out the realm.

" That these opinions have received the sanction of the
merchants, bankers, wholesale traders, and other citizens of
London, in public meeting assembled, of the eommunity
of the Borough of Southwark, of the members of the.Cham-
hers of Commerce of Liverpool, Bristol, Bradford, Blackburn,
Worcester, Stoke-upon-Trent, and other eminent mercantile
bodies, as expressed by public meeting and petitions, nume-
rously and respectably signed to your honourable house.
" May it therefore please your honourable house to appoint
a committee for inquiring into the whole of this important
subject, with power to send for persons, papers, and records,
and with instructions to report to your honourable house, in
the view of immediate legislation, in conformity with the
views expressed in this petition.
" (By order of the society,)
" FRANCIS LYNE, Chairman.
" Committee Room, 12, Mark-lane,
Bth June, 1853."

The rates at which bills of exchange were yesterday
afternoon negotiated upon the principal continental
cities were generally firm. Paris at 90 days being 25
25 to 27,1, Amsterdam 11 18i to 19: Hamburgh 13
81 to A, and Trieste 11 to 11 3.

The English Securities have been scarcely so animated,
but there is no material alteration in the quotations.
Consols have been 98a, and are now about 981, 1.
The foreign news is of no importance, but there is
naturally much suspense when the advices are so con-
flicting, and when there is a probability of the Danubian
principalities being entered under the plea that this is
not an infraction of treaties. The anxiety naturally is to as-
certain how this country and France will regard it. The
New 31 per Cents. are marked 1011 to I, and the 3 per
Cents. 991 to 1. Bank Stock is worth 2281. Exchequer
Bills are weaker, at 2s. to ss. premium.
Foreign Securities have been comparatively quiet,
the settlement of the account engrossing attention.
Spanish New Deferred Stock has been done at 231,
and the 3 per Cents. have rallied to 48i and 49.
The change in the Ministry at Madrid seems
now to be restricted to the Finance Department.
Portuguese 4 per Cents. have been marked 391 to 1.
Equador Bonds are firm at 6, and Venezuela at 40.
Dutch 21 per Cents. have been done at 65 to 1, being a
slight improvement, and Russian 41 per Cents. have
realised 1021 to 1031, about the previous rates. Sar-
dinian Stock is up 1 per cent. viz., to 95 and 951.
This is account day in the Railway Share market, and
the quotations are fluctuating proportionably to the
speculation carried on in particular lines. Upon the
whole the market is very fairly supported, but the high-
est prices of yesterday are not in all instances obtained.
Aberdeen, Caledonian, and Midland have been in re-
quest. South-Eastern are much the same, and North-
Western not quite so good, Great Northern keep
steady, the Stock having further advanced. Great
Western are comparatively quiet. Eastern Counties firm.
French shares are a shade lower, although they come so
high from Paris ; the account having been principally
adjusted yesterday. The Western of France are an ex-
ception, being higher.
The shares of the Australian Banks are looking up ;
the Union and the London Chartered being most in re-
quest. Oriental are also better.
The shares of the Land Companies have taken a ma-
terial start. South Australian have been done at 455,
a rise of 21. to 31., and the Agricultural is up to 70 and
71, a corresponding improvement. Peel River are about
to higher.
The Gold Mine Shares are very quiet, and rather firm.
The Jamaica Mines have become flatter, Metcalfes,
after being 7 to 1 declined to 51 to 61, Sue Rivers are
to ; Port Royal, 1; to 2 ; and Jamaica, 2i to 31
premium. _ _ _

The Central of France Railway Shares are 1 to 11
premium.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(Froin, the Official List.)

Business done.
Bank Stock
3 per Cent. Reduced Annuities 994 4 4 g
3 per Cent. Consols Annuities
New 31 per Cent. Annuities lOl4
Consols for Account 9813
Exchequer Bills, id. ,
£lOOO
£5OO 2 5 p
Small 2 5 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Chilian Bonds, 6 per Cent . . 102 k
Equador Bonds
Grenada Bonds, Deferred
Portuguese Bonds, 4 per Ceut.
Ditto Ex all over-duo Coupons 36
Russian Bonds, 5 'per Cent. • --
Ditto 41 per Cent.
Sardinian Bonds, 5 per Ceut 95 4, x d
Spanish Bonds, 3 per Cent 4Bi 9
Spanish New Deferred, 3 per Cent. 234
Spanish Committee Cert. of Coup. not fun. 6 p c
Venezuela Bonds, 34 per Cent. 4O
Ditto Deferred, 1 per Cent l6 16
Dividends on the above payable in London.
Dutch Exchange, 2i per Cent.
Ditto 4 per Cent. Certificates 951,
HALF-PAST TWO.
Consols for Opening 19th July 9BA 8 x d

IMPERIAL PARLIAMENT.

HOUSE OF COMMONS—(THIS DAY.)
The SPEAKER took the chair at 12 o'clock.
PRIVATE BUSINESS.

The Hull and Holderness Railway Bill was read a
third time and passed.
IVIIITECHAPLE IMPROVEMENT BILL.

On the motion for the third reading of this bill,
Mr. A. PELLATT objected to certain provisions in
the bill, which sanctioned the raising of 2,0001. for the
repair of Whitechapel church, and gave the parish power
to levy a church rate for that purpose. He was de-
cidedly averse to such a provision, but considering that
the parish had already been put to considerable expense
in printing the bill, which contained many useful enact-
ments, he should not oppose the third reading.
The bill was accordingly read a third time and passed.
The following bills were considered, and ordered to be
read a third time :—East Lancashire Railway (No. 1)
(Clifton to Salford) Bill ; Manchester, Sheffield, and
Lincolnshire Railway (Barnsley) till ; Montgomeryshire
Railway Bill ; Newry and Enniskillen Railway Bill ;
Saint Ives and West Cornwall Junction Railway Bill ;
Saint Ives (Cornwall) Harbour Bill ; Warrington and
Altrincham Junction Railway (Warrington, &c.) Bill.
Cotham's Estate Bill and Richmond (Yorkshire) Bur-
gage Pasture Bill, were read a second time, and ordered
to be committed.