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

ON THB DEPOSIT SYSTEM.
If tmahle to pay, or not.,
desirous of paying or
tzingtopay,thePo-
licy would still remain
of its FULL value,
522/.2s.7d.tin death, if
20 years after, no fur-
ther payment beingre-
quired. Ifhowever the
party, from any cause,
wished to cancel the
Policy, he could not
onlydraw out all hehas
put in, viz., 2251., but
a certain bonus of 621.
20 71.10 s Od 2251. 522/.287d 2871. 2s. 9d. 25. 9d. in the bargain,
which is more
than one-fourth of the
whole of h ls payments,
or he could either draw
out a part, 20/. or 501.,
diminishing the Policy
only by the assured
value of the sum so
drawn out at the age
when withdrawn. See
pagess and7in detailed
pamphlet, by
F. G. P. Nelson, Esq.
_ . Chat a person

On comparison of these two tables it will be seen that a person
under the novel system of DEPOSIT assurance c an secure the follow-
ing advantages, viz., Ist. For a less sum, paid annually,
a larger sum in case of death than under the ordinary system.
idly. 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. Stilly. Should he require to increase or decrease the
amount of his policy, he can do so at pleasure. He can at any time,
by giving a fortnight's notice, withdraw any part from 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has withdrawn part one year he can, by a single payment, three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
uargain 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 Offices 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 hat 3-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
hands of the Company to the representatives of the DepOsltOTtin
he
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 DEPOSI
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
5,0001. 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 granted on very favourable terms.
Non-forfeiture of a Policy.—ln case of inability to pay the currant
premiums, the Directors will eitner 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-
polis, never were known to be so heavy as they have
been during the last week ; and although the employees
at the 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
increased, that it has been considered necessary by the
authorities to throw into the sorting-offices at the Gene-
ral Post-office several additional rooms, and, during the
last month, a body of workmen have' been engaged in
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-
stances may arise to require its extension. Would not
the north side of the present Smithfield-market be a
most eligible site for such a purpose ?
THE POST-OFFICE MAIL GUARDS.--We have heard
with much regret that the Postmaster-General has re-
weekc, decided,
f
re-
fused to add anything to the amount of superannuation
,boioNe-eonstoddecayed mail guards. Why this should have
o
re s weo r
ty years'
cannot understandfaithful
service,
r;
vfor
oe surely,is
not 7s.by
6d. a
any means an equivalent for the duty such men have
shouldd onein
beall paactthid
e ers
It i
w for thes benefit
hoopftehde
thatpub rs
ervice.
Certainly the public do not wish that such parsimony
combe, or some other ac • tive member of the house, will
inquire into this matter.
REMOVAL OF TROOPS FROM
THE C APE.—Li eutenaut-
General the Hon. Sir George Cathcart, commanding the
forces at the Cape of Good Hope,l has communicated to
the authorities at home that 1 e can now spare the 12th
Lancers and three regiments of infantry.l-1-yet
is not
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.