The Sun.
London, England, 1849-09-10 00:00:00

, -
N°• 17,772]
LONDON, MONDAY ,"
,
al!

LTVELL GWYNNE TAVERN and CHOP-
HOUSE, Bull Inn-court, Strand, Three Doors East of the
Adelphi Theatre, and opposite Adam-street. Luncheons, Dinners,
and Suppers.
Table d'Hote at Half-past Five precisely (Sundays excepted), Fish
and Joints, 2s. Hot Joints until Eight, and Suppers until Oneo'clock.
The Nell Owynne Tavern which is situated in the very centre of
the metropolis, is near to the principal Theatres, and the Table
d'Hote has been axed at an hour that will be found convenient for
Citizens, the Legal Profession, and Gentlemen connected with the
Public Offices and flanking Houses, also Visitors to London who are
frequenters of the Theatres. Private Booms for the accommodation
of small parties. Good Beds. Wines and Spirits of superior quality.
Barclay and Perkins's Stout, and Salt's celebrated Palo Ales.

:JOHN ARCHEIt and THOMAS HOLT, Proprietors.

ISLAY TONTINE LIFE ASSOCIATION.
Provisionally Registered.

Capital, 600,000/., in 12,000 Aharev, at 501. each.
DIRECTORS.
John Bain, Esq., of Morriston, Glasgow.
Archibald Murdoch Burrell, Esq., banker, Provost of Port Glasgow
Alexander Campbell, Esq., of Bedlay
Robert C. Cumming, Esq., of Barrennan, Dumbartonshire

Henry Dunlop, Esq., of Craigton, Glasgow
Archibald Falconer, Esq., of Glen Park, Port Glasgow
James Hay, Esq., merchant. Leith, Director of the Royal Bank of
Scotland
Archibald Horne, Esq., accountant, Edinburgh, ditto
Eagle Henderson, Esq., Director of the National Bank of Scotland
William Lathe, Esq., Dean of Guild, Perth
John Burn Murdock, Esq., of Gartenettber, Edinburgh
David Murray, Esq., Provost of Pais!cy.

BANKERS.
The Royal Bank of Scotland and its Branches; Messrs. Coutts and

Co., London.
SOLICITORS.
Messrs. Turner and Wallace, 37, Virginia-street, Glasgow ;
Messrs. G.;cdwin, Partridge, Williams, and Edwards, Walbrool
House, London.
MANAGING DlRECTOR—Archibald Murdoch Burred, Esq.
SECRETARY—James Murdoch, Esq.-
The barony and estate of Islay, comprising the island of Islay
and small adjacent islands is in the same latitude as Edinburgh and
Glasgow, and is oee of the richest and most productive properties in
the west of Scotland. It coetains about 140,000 acres,- of which
34,000 are arable, the rest being luxuriant pasture.
The present rental of this magnificent property amounts at present
to 20,0001.; but a Government grant of 30,0001. is now being ex-
pended in drainage ant improvements. The rents are periodically
and legitimately increased as the leases fall in, and it is evident that
such a property must, under improved agriculture, afford a much
larger return. 9he purchase, it is expected, will he effected for
about 500,0001., and it is proposed to raise a capital for this purpose,
acid contingent expenses, of G 00,0001., in 12,009 501, shares, can
shareholder to nominate a life, and the whole body of nominees to
be insured out of the rental, so as to secure the repayment of his
subscription to every shareholder whose nominee Lapses. The
remainder of the accumulated rental is to be divided ,very ten years
amongst the surviving shareholders, the last survivor to inherit the
estate. On the basis of 12,000 policies, in respect of the 12,000
nominees, it is further contemplated to ingraft the general busiutse
of a life assurance company, so as to secure an annual dividend of
profits.
Thus it will be seen that every person taking a share in the Ton-
tine, will, under any circumstances, receive hack the amount o' his
rrvestment out of the assurance hind, and will also, by way of in-
terest on his share,, receive an annual dividend out of the profits of
the general life assurance department (and the basis and guarantee
indicated cannot fail to make this branch most extensive and nera-
tire) ; ha will, moreover, participate, every ten years h's nominee
survives, in the accumulated and constantly improving rental ; and,
in tho es, nt of his nominee being the last survivor, will become
the ftbso!ute owner, in fee si,r,ple, of the entire estate. It is also
to be observed that, as the nominees diminish in number, the
marketable value of the shares will year after year be greatly en-
hanced. .

The principles of the proposed Tontine have been matureiy con-
sidered by F. G. P. Nelson, Esq , the eminent actuary of the Me-
dical and Invalid Assurance Company, and received his entire ap-
probation.
The est: to is to be vested in three trustees, resident in Scotland.
The affairs of the Society shall be conducted by a board of seven
directors in Scotland, commtv.icating with a board of correspondence
in London. Two general meetings shall be herd in Scotland in the
months of June and December.
The preliminary deposit to be ss. per share (being the maximum
allowed under the Registration Act), and a call of U. per share shall
be made on cmiplete registration. The remainder to be called up
by sunk instalments as nary be found necessary to meet the payment
of the purchase money.
Applications for shares to be made to the following brokers &c., of
whom prospectuses and forms of application for shares may Ise
had : Messrs. John Robertson and Co., 47, George-street, Edin-
burgh ; William Bell, Esq., 2, North-street, David-street, E lin-
burgh : Messrs. Buchanan Aitkin and Co., 41, St. Vincent-place,
Glasgow ; J. C. Foulds, Esq., Canada-court, Queen-street, Glasgow ;
William Gordon, Esq., Aberdeen; James Thomas, Esq., writer,
Perth; A. Abercrombie, Esq., Paisley; Messrs. Joi.eph King and
Sons, Liverpool ; L. L. Lamming, Esq , Manchester ; Messrs. Flint
and Tootal, Bull; Messrs. Beardshaw and Co., Leeds; W. B.
Greenfield, Esq., 38, Throgmorton-street, London ; of Archibald
Murdoch Burrell, Esq., Royal Bank, Port Glasgow; and William
Bridges, Esq., at the temporary offices of the Association, 33, Throg-
morton-street, London.

THE ROYAL POLYTECHNIC
INSTITUTION, REGENT-STREET.
First Series of Dissolving Views, Illustrating Rome, with a De-
scription embracing the most interesting points connected with the
subject, daily, at Half-past Four, and every Evening at a Quarter to
Ten o'clock.—Lectures on Chemistry, by Mr. J. M. Ashley, daily,
at Half-past Three, and every Evening, at Nine o'clock Lectures,
wills Experiments, by Dr. Bachhoffner on the Hydro-Electric Ma-
chine, daily, at Two o'clock.—The Chromatrope.—Exhibition of the
Oxyhydrogen Microscope.—Diver and Diving-bell.
Open daily from Eleven to Five ; and in the Evenings (except
Saturday) from Seven till Half-past Ten.
Admission. Is---Schools, Half-price.—The New Cataloate, is.

ROYAL GARDENS, VAUXHALL.
LAST WEEK but ONE of the present extraordinary attrac-
tion, in consequence of the various continental and provincial engage-
ments of tic principal artists.

THIS DAY (Monday), an entire change of performances, and in-
troduction of various novelties. Master Hernandez for a few nights
longer in his matchless and classical acts of horsemanship. He will
appear during the week in several new characters, embracirg the
Four Seasons, Cupid, the Yankee Pedla-, and British Sailor. In the
circle, also, the Lauri Family will continue to go through their most
graceful calisthenic exercises. This unique performance stands
unrivalled. By particular desire, Mr. Moody, the celebrated Buffo-
Vocalist, for a limited number of nights. The Musical Department
under the direction of Messrs. Ellis and Lewis, on an improved and
extended seals. Splendid Military Band. Promenade Concerts, Vo-
cal and Instrumental. Gr,,nd American Bowling Alley, and cele-
brated iced Drinks. Superb Fireworks by Mortram, varied each
night. In fact, every possible inducement for the million to witness
a combination of talent in every department of the Royal property
never previously effected.
Doors open at Seven o'clock.
Admission—•ONE SHILLING.

The Last Grand Masquerade of the Season will take place on Fnx
DAY, September 21.

buildings, with 12 stacks, destroyed. It is belibvecl
the fire was the result of accident.—About two o'clock
yesterday (Sunday) morning an extensive fire broke
out in the High- street of Chatham, at the residence
of Mr. Tucker, tailar_and clothier. _ So rapid was
the lire, that it caught the next house, recently oc-
cupied by-Mr. Stiganf, linendraper, and which was
under repair for another tenant. Both these houses
are destroyed, and the next house, Mr. P. Lynch's,
fruiterer, is partly burnt. The dockyard engine,under
the direction of Lieutenat Wise, R.N., with a de-
tachment of dockyard police, - and the Sun-engine,
were present, and rendered material assistance in
limiting the ravages of the fire.

MANUAL v. HORSE AND STEAM
POWER.
,Respected Friend,—ln my communication in last
week's Mining Journal, there are some errors in the
statement of comparison between turnpike roads and
railways, though the totals are correctly given ; the
statement should have been as under :
TUIINPIRE ROADS.
Cost of turnpike road
~, ..• ••• .C 12,000
Ditto of eight engines ... 8,000

£20,000

Interest on £12,000 •• £6OO
••• ••• _ _ _

Wear and tear, 25 per cent.
Repair of road
Four cnginemea ...
••• • • • • • •

2,000
600
300

RAILIVAys.

Cost of railways) • •• ' ...
Ditto of engine ... ...

£3,500

.£120,000
... 1,000

£121,000

Interest

... £6,000

Wear and tear, 25 per cent. ... ... 250
Repair of road ... ... 180
Two enginemen ... ... ... ... 150

£G,580
Upon further consideration this statement is some-
what deficient; inasmuch, that if the railway engine
consumes 100/. worth of fuel, then the eight turnpike
engines ought to be charged with 8001. for fuel. Now,
as to existing railways and turnpike roads, I think the
following statement will form the most accurate com-
parison :
TURNPIKE ROAD'S.
Cost of road—nothing.

Cost of eight engines— . . ..• ... XB,OOO

£B.OOO

Turnpike tolls, say 20s. per day ... ... 365
Cost of fuel .. ••• 800
Wear and tear, 25 per cent ... ... 2,000
Four enginemen ..• ••• 300

£3,465

RAILWAYS.

Cost of railway ..• £120,000
Ditto of engine ... ••• ••• ••• 1,000

£121,000

Interest ... ••• ••• ••• ... £ 6,000
Cost of fuel ... ••• ••• •••
••• 100
Wear and tear ... ... ••• ..•
... 250
Repair of road ... ••• ••• ••• 180
Two enginemen ... ••• ••• ••• 150
•••

• £5,680
If a patent timber track was laid upon the road,
then the difference of friction between a good track
and an iron rail would not exceed as 6 to 4—viz., air
engines on a turnpike-road would be equal to four
upon a rail, in which case the !tatement may be thus
made :

TURNPIKE ROADS.
Cost of a good timber track, say 1,0001. per mile £12,000
Ditto of six engines ... ••• ... 6,000

Interest ... .
Toil half that on stones

£lB,OOO

••• ... ..• , £6OO
... ... ... 182

Wear and tear, 25 per cent. ... ••• ••• 1,500
Fuel ... ••• ••• .•• ••• •.• 600
Four enginemen... ••• ... .•• ... 300

£3,182

RAILWAYS.

Cost of railway, soy 10,009/ per mile £120,000
Ditto of four snginEs ... 4,000

£124,000

Interest ... ... ••• ••• ... £5,000
Wear and tear ... —• Of• ••• 1,000
Repair of road ...
... ... ••• ••• 180
Fuel ..• ••• ••• ••• ••• 400
Two engiuemen ..• ••. .. ••• 150

£7,730

Now, in order to form some idea of what would
have been the difference between the effects upon the
line from Bristol to Bath, supposing the line to have
finished at Bath, the cost of which part, including the
works at both places, is estimated at the astounding
amount of 800,0001. for less than twelve miles, making
due allowance for the undulations of the turnpike
road by allowing two engines to one on the rail, or
50 per cent. in favour of the latter, the amount may
be thus stated :