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

ON THE ORDINARY SYSTEM.

The sum the ordinar
The sum the Life Offices would give
ordinary Life him if he were unable
Offices would to pay, or if he omitted
At the Ills give him for to pay his current
end of policy the surrender annual premium of
~.. Annual thirty at that or sale 81. 6s. 3d. after he has
4 premium yearswhen age, of his policy, paid into their coffers
4 to assure, the party in case after thirty 1249/.73.6d., and which
t.'' 5001. is fifty of years'paymenta they have had the use
years old, death I amounting to of at compound
ri hewillhave will be, 2491. 78. 6d, , interest, or in
2 paid into worth which theyhave the event of his death
bt . the office. 'lliad the benefit] one hour after such
.4 'of at compound omission or inability
interest. 1 to pay.
- ----------
little more
20 81.68.3 d. 249/.78.6d. 5001. than 801. j NOTHING.
perhaps 901.

ON THE DEPOSIT SYSTEM.
Minable to pay, or not
desirous of paying or
omitting topay,thePo-
Hey would still remain
of its ormr, value,
5221.29.7d.ti1l death, If
20 years after, no flir-
ther payment beingre-
quired. Ifbowever the
party, from any cause,
wished to cancel the
Polley, he could not
onlydraw out all heh its
put in, viz., 2251., but
!071.105 Od 2251. 5221.257 d 287/. 2s. 9d. a certain bonus of 621.
2s. 9d, in the bargain,
which is more
than one-fourth of the
whole ofh is payments,
or he could either draw
out a part, 201. or 501.,
diminishing the Policy
only by the assured
value of the sum so
drawn out at the age '
when withdrawn. See
pagess and 7 in detailed
pamphlet, by
F. G. P. Nelson, Esq.

On comparison of these two tables it will be seen that a person
ander the novel system of DEPOSIT assurance can secure the follow-
'ng advantages, viz., 1 st. For a less sum, paid annually, he can assure
a larger sum in case of death than under the ordinary system.
2dly. In the event of a desire to surrender his Policy he can receive
in this Company, by the above example, which applies to all ages,
THREE times as much as on the ordinary system. 3rdly. In the event
of inability or omission to pay, his policy remains still his property,
of the same value as it was, though he cease his current payments
for any number of years ; whereas on the ordinary system, he gets
nothing. 4thly. Should he require to increase or decrease the
amount of his policy, he can do so at pleasure. lle can at any time,
by giving a fortnight's notice, withdraw any part from 11. up to the
whole amount of his previous payments and with interest. After he
has withdrawn part one year he can, by a single payment, three
years, or any time afterwards, raise his policy to a greater or even
its former amount ; and by this system he can at all times regulate
his annual savings by his annual expenditure, with the facility in the
,argain of having a fund to fly to in case of necessity, the same as
in a bank, with this palpable advantage, however, that he gets Inte-
rest for his money, and in case of death his family receive more than
the amount of his savings. In ordinary Life 081ces he can do no
such thing, but his policy at once lapses or is cancelled the moment
he ceases to pay his current premiums, and, instead of having any
fend to fly to for aid, all his hard-earned savings become forfeited to
the society, and his misfortunes serve to benefit the pockets of his
more fortunate co-assurers.

such a system is too equitable and too striking to be overlooked
and DEPOSIT assurance is the only system of assurance which can be
universally recognised and adopted when the principles are impar-
tially canvassed, and its palpable benefits become widely diffused. It
confers greater advantages than a bank because it allows a fair rate
of interest in case of withdrawal, and gives twice the amount in the
hands of the Company to the representatives of the Depositor in
case of death, thus combining the
ADVANTAGES OF A BANK WITH THE BENEFITS OF
AN ASSURANCE COMPANY.

In case of endowment assurances the advantages of the DEFOSI
system are still more striking.
ADVANTAGES OF THIS COMPANY UNDER THE ORDINARY
LIFE ASSURANCE BRANCH.

To those who prefer this branch Policies are granted from 201. to
5,000/. on every known principle thereof.
Lives in all but the worst stages of disease, and such as have been
rejected by other Offices, are taken at rates equivalent to the parti-
cular disease.

Loans from 501. and upwards granted on every kind of security,
real or personal, on the most equitable terms to the borrower -
Annuities of every description `ranted on very favourable terms.'

Non-forfeiture of a Policy.—ln case of inability to pay the currant
premiums, the Directors will either purchase the Policy at a fair
market value, or give a new one in lieu thereof, less 5 per cent., inte-
rest corresponding in amount to the whole of the previous payments
which have been made.
Detailed prospectuses with tables in further illustration of the De-
posit system, and any further information may be obtained on appli-
cation to the Agents in the country, or to

CHARLES W. BEVAN, Resident Secretary.

N.B.—Agents wanted in all parts of the World.

INCREASE OF BUSINESS AT THE POST-OFFICE.—The
mails, both inward and outward, to and from the metro-
3be°elins, duringnev never wtheerelakstnwoweenk •nd although the employees
atthe to be so heavy as they have
Post-office are working many additional hours
daily, it is with the utmost difficulty that they can get
through
the duty. Indeed, so greatly has the business
ai nu ct rheoarsi et
ide,s that
o t
hi
rt
ohwa s
intobeen
ec
sorting
-eodffinecessary bGye
nthe
authorities to throw into the sorting-offices at the Gene-
al P
last
r month,ost-offic
ae several al
fadwdiortikomnal enrohoamves.,a and, during
beend,
engaged
the
agnedin
doing so. This, however, will but temporarily meet the
difficulty, and doubtless it will become necessary to build
a new Post-office suitable, in all respects, to the altered
state of things, and capable of enlargement, as circum-
tshtaencneos mayrthside ft
hrequire its
presentSmithfield-marketextension. Would h
be
not
o
arise
t o
most eligible site for such a purpose ?
THE POST-OFFICE MAIL GUARDS.,—We have heard
with much regret that the Postmaster-General has re-
fused to add anything to the amount of superannnation
given to decayed mail guards. Why this should have
been so decided, we cannot understand ; for surely, 7s.
6d. a week, after forty years' faithful service, is not by
any means an equivalent for the duty such men have
csCdioelemoerntebal
edin i
all
w
thespormeapacettuhilos)eeltrihdes;
rd foroal
tct
nthiioevstebtwernonieebsnifielitbitieoohif.patotehfdosttupihelueahbtilpli‘iocarurrsss.eeiim,DwNoivuciinlelyl._
, or
inquire into this matter.
R vtAer,
Icon. Sir
RsOirOGPSeoPrßgoe3cf
aTtHhEcaCrtAPcEo.niLiaiieliulitnegnatnbt-e
Hope, Genera} b
forces at the Cape of Good H , has' communicated to
the authorities at home that he can now spare the 12th
Lancers and three regiments of infantry. It is not yet
decided whether two of the latter shall proceed to India.
—United Service Gazette.
ANOTHER MUNIFICENT DONATION TO THE FREE
CHURCH OF SCOTLAND.----A lady whose name has not
transpired, has given to the funds of the Free Church of
Scotland a donation of 8,0001,