The Sun.
London, England, 1849-09-05 00:00:00

IRELAN D.
To THE RIGHT HON. LORD JOHN RUSSELL, 11. P., &c.

LETTER
Aly Lord,— I stated in my last " that the surplus
refits an 4 profits should be divided every ten years,"
but I should have addt_d until the 70th year had
elapsed, when such division should be annual.
No reas,n;:ble person would require that the exact
benefit a shareholder would receive should be stated,
but is not difficult to make a fair estimate, and with
the view of doing so in the most intelligible mode, I
will suppose class A, instead of being filled by shares
of different values, to be divided into 10,000 shares of
100/. each.
Looking at the present condition of the land, and
its certain increased value after it had been improved,
I trust your Lordship will concur with me in think-
ing that five per cent. is a very moderate estimate on
Which to found calculations of the probable advantage
to the subscribers.
Five per cent upon class A would :be 50,0001. per
annum, and supposing the annual interest of this sum
sufficient to cover the expenses of management, the
decennial division would be 500,0001. net.
It is, of course, impossible to say exactly what
number of lives would reap the benefit of this decen-
nial divison at each period ; but by a table now before
Inc, the accuracy of which can be tested by a refer-
e,nce to the insurance tables, the following would not
0,0 far from the result :
At the end of 20 years, the proprietor of every existing life
would have received 10 per cent.
more than the original sum of his
subscription.
~ 70 „ the:proprietor of every surviving life
would have received £1,144
80 „ the proprietor of every surviving life
would have received £1,901
84 „ the proprietor of every surviving life
would have received £5,479
And the next year would have an
estate worth 1,000/. per annum.
likSurely, this is a sufficient inducement, not for men
h e -------- and dozens besides who have not yet
been detected, and who never enter into such under-
takings except with the view of plundering the public,
but for men with children or relatives for whom they
are desirous of providing, and who can spare 1001., or
5
01•, or 251., or even 12/. 10s.—for each of which
sunis they would receive a proportionate benefit.
lio quietly compare this mode of introducing the
necessary capital into Ireland with any yet proposed,
for I feel confident that the result should be its adop-
tion. This comparison I will undertake in a subse-
quent letter ; but if you should approve of the plan,
adopt it, and pursue a course similar to this.
.3 Suggest to her Most Gracious Majesty the
`epe'Llency of permitting the tontine to be called The
Victoria Tontine," taking the first share for the Earl
of Dublin, and one for each of her other pets. Ask
his Royal Highness Prince Albert to become the
Patron, the Earl of Clarendon, the Duke of Leinster,
and Lord John Russell to be trustees. Request Sa-
inuel James Loyd (whose currency doctrines I
believe most pernicious), as good a man as breathes,
to become the managing director, and let him choose
balf-a-dozen other City men as like himself as pos-
sible. Let the following appear in the London Ga-
zette, dated Balmoral :
VICTORIA TON TINE FOR THE BENEFIT

OF IRELAND.
PATRON.
His Royal Highness Prince Albert.
TRUSTEES.
The Lord Lieutenant Earl Clarendon.
The Duke of Leinster.
The Lord John Russell.
DIRECTORS.
'Samuel Jones Loyd, with those he may appoint.'
Let the above appear heading such a statement as
prater:iidorilrectors would propose, and within a month
class A- would be filled, and there would be a
of money for the purchase of land, and for
o‘viding profitable employment for the people.
111. a uggestions occur to my mind, with which
not t ' rouble your Lordship at present. A most
useful one would be allowing proprietors of half, and
carter, and eighth shares, who possessed sufficient
Pit4l, to become tenants of land of that annual
va!uG.
, and in the event of their nominees being
fltitled to a prize, let them take the farm which they
Irented as their share.
.iuch persons would then, in addition to the
or
utnary inducements of a tenant, have those of a
prospective proprietor to make his improvements of a
permanent character, and cultivate his land in the
best possible manner, the only mode of providing
Permanent employment for the Irish peasantry.
Roberta would be the colonization of a statesman. Sir
P,
eel's
was
the proposal of an empiric—first
Pretesting Le would not prescribe until regularly
called in, and he had received his consideration, then
thrusting his placards, interlarded with great names,
Into the hands of every passenger—a political Dr.
41orrison.—I have the honour to remain,

Your Lordship's most obedient servant,
Corwar, Sept. 4, 1849. RIGI3Y WASON.

IRELAND.
DUBLIN, SEPT. 4.
We regret to state that the cholera, which had to a
considerable extent subsided during the past we ek, has
again broken out amongst us here with increased malig-
tl!ls At an early hour on Monday morning, Major
Turner Master of the Horse to the Lord-Lieutenant,
Was attacked with the disease, which terminated fatally
after a few hours. Major Turner was in attendance on
11,1!s Excellency on Sunday, and as one of the officers of
:the 'le Viceregal Household, attended Divine service in
C.sthe chapel.
~)BA,TH OF WIC MURPHY, ESQ —Mr. William MUT-
raY, the wealthiest and most eminent of our merchants,
tw, s attacked some days ago with cholera, and although
" Worst symptoms of the disease had yitlded to mecti-
te;s,! treatment, he remained in a very precarious state
I,`" Sunday evening, when he gradually sunk under ex-
tetistion. Mr. Murphy was for many years identified with
41 Liberal party. and took an active and influential part
ra rtllf, Political conflicts of the day. Hs was a Catholic
e,tbe 'glue, and as such became an active Member of the
4 '"°ljo Association, and subsequently of the "General
htssociation of Ireland." He had the repution of being
hi,,lllensely rich while living, and now that he is dead,
° wealth has been estimated at nearly half a million.
N,,,
-....-STREET, POLICE-OFFICE, YESTERDAY.—After
11%01'14 investigation of the charge, brought against Mrs.
alle of absconding with 1,8001., the property of the
dipl;-:at°rs of her bankrupt husband, Doctor Kelly, the
ella-B,:uing magistrate, ordered the prisoner to be dis-
tta-,iged, on the ground that no case of felony had been
against her. Mrs. Wall, however, had scarcely
f ine police-office uhen she was arrested by a bailiff
tuna the Bankruptcy Court.

q---.."OCHESTER TRADE REPORT.—There was a
uieter market yesterday than there has been for some
ptcli.e Past, and on the whole but little business has been
n-"
~,through during the past week. The uncertainty as
je- the harvest operations has had an influence in check-
e g extensive-transactions for the home market. The
:?tinued firmness in the raw material market is also
t„,!`l operating as an extensive check, both to manufac-
rers and buyers. None but those who are compelled
2 replace stock or to complete positive orders, are at
Vesent doing anything in the market. There is not
tnt buoyancy in the home trade which it was expected
u.ere Would be. Heavy goods, though not so much de-
Vsed as some time engaged are still heavy on the market.
rioters keep actively . There has been consi-
derable fluctuation in the prices, but on the whole they
are Yet exceedingly firm.
On Monday a concert was given at the organ
kanufactory of Messrs. Bevington and Sons, 48, Greek-
Street, Soho square, for the purpose of displaying the
capabilities of a splendid now organ built by the Messrs.
Bevington, for the Music Hall, Nottingham. A numer-
°us company, who had been favoured with private in-
Mations from the talented manufacturers of the instru-
ment, availed themselves of the entertainment so kindly
Provided for them; and a variety of selections from the
compositions of Mozart, Beethoven, Handel, and other
great masters of song, were performed on the occasion by
kr. E. J. Hopkins on the organ. The trial proved a very
successful one; and the auditory,including several excellent
ihdges of musical instruments of this description, evinced
e highest approbation at the richness of tone and
%%skive power of the organ, the introduction of which into
Nottingham must constitute a new epoch in the musical
history
of that important borough. Some slight idea of
the instrument may be gathered by those versed in such
matters from the fact that the total number of pipes in
the great, swell,; choir, and the pedal organs of the
Instrument is no fewer than 2,309; and there are 10
411aposition pedals to shift the stops by the feet; and
I,,"upling movements to connect the 4 orgens together.
'te ease, designed b the builder, is 27ft. high, 18ft.
wlde, 16 feet de andy is constructed in the Grecian
flet'oo-et', being adornede with four elegant lonic columns in
fo,CITY SEWERS Commrssrorr.—The annual holiday
tice°lle month, of the Commissioners appointed to carry
begin `` City of London Sewers Act" into operation
httg now terminated, Mr. Dew, the principal clerk,
halt yesterday at the Council Chamber in the Guild-
-- 1, for the purpose of filling up the summonses calling
the Commissioners to attend for the dispatch of
tart'
on Tuesday next. During the recess the sani-
toY Work of the commission has been transacted by the
unr of Health, the inspectors and police having acted
the direction of the medical officer. Perheps at
the period, just before the resumption of the sitting of
weonemissioners for the ensuing year, it may be as
• eo / to inform the public of the fact, that in case of any
war °Plaint being made as to inefficient drainage, or the
thtilat of attention on the part of any officer of the court,
t all applications may be addressed in writing to
Gusieg Dave, Esq., the principal clerk, Sewers-office,
fhb "all, or the same may be made to the inspectors of
ets several districts throughout the City. In all such
to
the complaints are investigated, without delay,
to „orders given for the removal of the same, according
provision of the Act of Parliament, intituled the
Itite of
.7 London Sewers Act, 1848."
rc Powfdl, the famous steeple-chase rider, so
bro, 'flown in the sporting circle of Cheltenham, was
drought before the magistrates of Plymouth, on Tues-
,oll a charge of felony preferred against him by a
trrj'aitt EL Hayes. The accusation arose nut of a betting
titi
section which had taken place the previous evening,
heu(l4ll Mr. Powell pocketed five pounds wEich he alleged
bench fairly won. This trumpery case occupied the
Jour._ soe hours, and is reported in the Pymut
ftse.,'Y atol
three columns length! The magistral
teso reh-
" to adjudicate, and Tory wisely dimissed the oise.