The Sun.
London, England, 1838-05-09 00:00:00

HIGH W.
Morning..—.

,TER AT

30 minutes after 2 I Evenin

51 minutes after

ENGLISH AND FOREIGN NEWSPAPER OFFICE,
CROWN COURT, THREADNEEDLE-STREET.
CLARKE and LEWIS beg to announce that
Advertisements are received by them for the Government
Gazettes of London, Edinburgh, and Dublin, and for all News-
papers and Periodicals published in the United Kingdom, also for
Foreign Journals.
Orders received for the supply of English and Foreign News-
papers. Provincial Newspapers filed for gratuitous inspection.
CLARKE AND LEWIS'S PARLIAMENTARY AND

NEWSPAPER LIST.
" That a third edition of this most accurate List should have
been called for by the public so soon after the issue of the second,
proves, we think, the estimation in which it is held. It contains,
to one sheet, a view of the whole newspaper press of
Great Britain and Ireland—the political opinions of each pa-
per distinguished by coloured inks. It gives the days of
publication and the locality of circulation of each Journal. In ad-
dition, we have a List of the Members of Parliament, with their
opinions plainly and correctly denoted. Such a matter must be
useful to all classes, especially to men of business, and should be
called The Political Table of the British Isles.' "—Liverpool
Mail, Nov. 28, 1837.
" The best proof, perhaps, of its utility and consequent popu-
larity, is the circumstance of its having been pirated by other pub-
lishers, in consequence of which the proprietors were compelled in
self-defeace, to protect their List by an injunction."—Liverpool
Chronilee, Dec. 2, 1837.

This List will be found to be a complete and unerring Guide to
the several political parties of the United Kingdom.
Crown-court, Threadneedle-street.

FOR TOWN AND COUNTRY.

THE COURT JOURNAL, GAZETTE
of the FASHIONABLE WORLD, is Published every
SATURDAY MORNING, on a handsome Quarto Stamped Sheet,
containing 48 Columns; and supplied by all Newsmen and Book-
sellers, free of Postage. This highly-popular and established
Journal stands unrivalled in public favour, as a record of Manners,
Literature, Art, and Fashion, possessing exclusive sources of in-
formation and interest. Independently of Original Papers, by the
• most celebrated Writers, it contains reports of Literature, the
Drama, Music, Concerts, Exhibitions, Societies, Correspondence
with Foreign Courts, and a complete Miscellany of all matters
connected with the Polite World.
• W. THOMAS, PUBLISHER,
19, CATHERINE-STREET, STRAND.

LIEIRS AT LAW, AND NEXT OF KIN.—
In answer to numerous enquiries, " THE WEEKLY
TRUE SUN" will publish the Advertisements until the Seven
Hundred are exhausted, by a column each week.
The WEEKLY TRUE SUN is a Large Quarto Paper of Forty
Columns, Price 5d., edited by D. W. HARVEY, Esq., M.P.,
to whom communications may be addressed, at the Office, 366,
Strand.

Orders will be executed by all Postmasters and News Agents in
tlie United Kingdom.

In the Advertisement of the Manchester Asphaltum Company,
published in The Sun yesterday, for " Mr. J. D. Barey, Stock and
Share Broker, North Wales State and Mining Office,;" read Mr.
J. D. BARRY, North Wales Slate arid Mining Of-17es.

The publication of Tux SUN NRWSPAPER comincnced this day
at 5 ;vinutes past Three o'Clock.

_

174
1 z-rari

SI !TIT WHICH
" THE TRUE SUN" IS NOW
INCORPORATED.

LONDON :
WEDNESDAY EVENING, MAY 9, 1838.

Being firmly persuaded that nothing is so injurious
to the moral feelings and habits of the industrious
classes as the apprehension of poverty—as the almost
moral certainty of comparative destitution in old age,
unless riches can be acquired early in life—we deem
it a duty which we owe to the public, and particularly
to the classes which we have mentioned, to extend the
c)bservzt!ions which we made in 7 'he Sun of Saturday last,
upon the pospects held out by the National Loan Fund
Life Assurance Society to the provident of every grade in
she scale of social being. We believe, with D'ls RA EL t,
that want of money or want of lure will be found at the
ho:tom of all the crimes, and nearly all the misfortunes,
that affect the happiness of our social relations. Not
oniy poverty, but the well-founded dread of it, is an
evil of no ordinary magnitude—a temptation to
amass wealth by dishonest means, which few weak
minds, with the opportunities in their favour, have
been unable to resist. To make a people moral and
'happy the first step is to educate them, and the next
is to prove to them that by husbanding their honest
resources it will be impossible for them, with industry
and good cond!rct, ever to encounter that worst
enemy of human lao_ppiness—indigence. The Bri-
tish Legislature has, frcur time to time, devoted
much of its attention to these objects. The Parish
School and the Benefit Society are existing monu-
ments of its solicitude in the way of providing for the
mental and corporeal wants of the industrious classes.
It is now admitted on all hands that Benefit Societies
have failed to render the poor more independent. They
hold out the hope of a provision in sickness and old
age ; but the way in which they administer aid to the
sick, is of itself enough to break the spirit of any
generous-minded individual. Besides, what is the
average amount of sickness in the life of a
labouring man, that he should be called upon
to devote his surplus earnings to the keep-
ing up of a sick fund ? Why, on an ave-
rage, somewhere about' from six days to twelve and
a half annually, betwixt the ages of twenty and sixty-
five ! Is the fact doubted ? We quote the returns
made by the hest authorities upon the subject :

Class of Persons.

Period.

Average
amount of
Sickness.

Average yearly
Sickness in the
period.

Highland Societies' return 120 to 6.5
East India Company's labourers 20 to C 5
Factory Commissioners—
Cotton 121 to 61,
Wool, Yorkshire 11 to 611
Ditto, West of England 121 to 611
Flax, Yorkshire 121 to 61
Silk 2l to 61
Society for Diffusion of Useful!
Knowledge ,E 0 to 65,

Months. Days.
16 4
9 0

'7
10 29
8 13
9 1
11 4

1',4
I
,J

r! 18 41

In cases of sickness for a few days, it is but seldom
that applications are made to Benefit Societies for any
portion of the funds ; and it is no longer a mystery
that the best conducted workmen rarely benefit to the
amount of one farthing from the Societies' coffers.
Not so the drunkard, the idle, and the improvi-
dent—who, under one pretext or other, contrive
to subsist upon the hard earnings of their ho-
nest fellow-workmen. But, independently of all
this, sickness and old age are not the only evils
to which humanity is heir, against which it is neces-
sary to make an ample provision. As regards the
helpless members of a family, want of employment is
the same as want of health. To save the lives of his
children, the member of a Benefit Society, who loses
his work, has no resource but to tamper with .his
health—perhaps destroy his constitution for life—in
order to qualify himself to become the recipient of the
fruits of his own industry ! Is not this cruelly un-
just ? And yet these arc not the only defects in the
system of Benefit Societies, as is obvious from the
following summary, which we extract from the Pros-
pectus of the Institution which we are recommending
to public patronage :-
1. Because sickness itself is not a calamity of equal probable
duration to the fluctuations in the quantity of employment
and other casualties, and misfortune, against which Bene-
fit Societies offer no protection.
2. Because, out of a given means, the sum laid aside for sick-
ness must diminish the provision for old age.
3. Because many must contribute to the sick fund who never
become chargeable upon it, and the value of such contri-
butions is lost to themselves and families.
4. Because sickness, being a state of non-productiveness,
must necessarily be included in any protection against
such an occurrence.

Such are the defects of Benefit Clubs—and most
serious defects they are, too. Now for the National
Loan Fund Society's remedial projects:—
it is to remedy these defects, inherent in the constitution of
Benettt Societies, that the National Loan Fund Life Assurance
Society prop ores to submit a plan of deferred annuities on a
aew
principle, which will not only afford amore ample provi
sioa for old age, and protection against sickness and mi-,fortune,
but, in addition, the mean?, at all times, of putting his ener-
gies in motion, and, in the event of a premature death, better
protection to his family.
The
plan proposed will embody several essential objects :
1. To secure an increased provision for old age, out cf a given
saving, by applying it exclusively to the purchase of a
deferred annuity.
2. To render the purchase of a protection in sickness unne-
cessary, by enabling the
purchaser of a deterred annuity
to withdraw or borrow two-thirds of his previous payment.
3. By, the use of two-thin is of all h's payments when required,
to limit misfortune and want of employment, and extend
the power of productiveness by an increasing command,
in each year, of capital, so that, while providing for old
age, each successive contribution renders him more se-

cure against presen-t
4. To atford, at the age at which the Deferred Annuity would
commence, without reference to his then state of health,
the option of receiving, instead of his annuiV, its value