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

£. s. Ix. s.

National Loan Fund!
Deferred Annuities

Option of Benefits,
at t
Benefit Societies,
ditto ,

47 161291 11
23 0 Nil

X. S.

[4436

Sickness. Lean.
•
%of the of the
payments payments pa
Nil
ances in
sickness.

% of the
payments
received.
Nil.

To any man who is in the least acquainted with
business, the advantages here held out by the
National Loan Fund Society, over every other
institution, for the convenience of persons of limited in-
come, are of no ordinary magnitude. There arc few
men in trade who will not readily admit, that there were
occasions, in the course of their business transactions,
when the command of a few hundreds would have all
but realized the means of an independence for them.
Hundreds have been forced to become bankrupts—to
the ruin of themselves and their families—whom the
advantages here derivable, from the saving of a few
shillings weekly, would have maintained in credit with
the world. We dare not trust ourselves to look deeper
than the social surface, in order to point out the
crimes engendered by the prospect of hopeless destitu-
tion. They will suggest themselves but too readily to
every person capable of the least reflection. For these
evils, necessarily inherent in the present social system,
the National Loan Fund Society offers the most effec-
tual remedies which the ingenuity of man has yet
devised.
In the meanwhile we trust that our Provincial Con-
temporaries, whose co-operation is so necessary to the
success of any project, however excellent, which wears
the semblance of innovation, will unite cordially with
us in canvassing the merits of the new Institution, and
its adaptation to the wants of the middle and working
classes. Projects of improvement, based on sound
principles, are sure to gain ground in public faith, in
proportion as they are made the subjects of candid,
public discussion. The Clergy of every religious de-
nomination, the Magistracy, the Parochial Guardians
of the Poor, and all who from their rank or station in
life have claims upon the confidence of the industrious
'classes, will do a world of good by taking part in a
discussion of the merits of the plan of social' bnproVe-
ment proposed by the National Loan Fund Society.
However supinely many of them may feel upon
other questions, we believe there are very f3w
among them indifferent to the wants of the poor,
when it is possible to provide for them without
adding to the already oppressive burdens of those
moving in the middle sphere of life. We have
:therefore, just grounds for calculating upon their
zealous co operation, if we can only prevail upon them
to take the subject into their consideration. In so
good a cause we shall not be easily discouraged. Our
own honest impression is, that we are presenting them
with a moral lever by which they may elevate the
character, and improve the condition of every poor
but industrious family in the country.
Since the above was written we have learned that
several influential Benefit Clubs have intimated their
deire to join the National Loan Fund Life Assurance
Society. W e have further learned that this so desirabl-,
a junction can be effected by correspondence with th
Society, without prejudice, either to the existence, o
the established convivial meetings of the Benefi
Clubs—so necessary to the healthy recreation of the-,
workmen, and to the watching over the interests of
their respective trades. This is all that the best
lends of the working classes can reasonably desire.
For ourselves we should be sorry to interfere with
!their convivial or other meetings for the necessary re-
:laxation of the mind, and the comfort of the body,
after a week of severe toil. A moment's reflection in-
deed, will convince them that there is no necessary
connection between the subscribing to a Provident
Fund, and the meeting as a body, either to recreate
themselves in a rational way, or to deliberate
upon the ever fluctuating relations between the
demand for, and the price of, labour. By all
incans let them meet as often as they may think
convenient, for the purposes of business or pleasur4
provided they take care to lay up a sure and independent'
fund to supply the necessities of old age. This cannot'
be so well efFected by means of a Benefit Club, because
such Clubs only provide against two, out of the whole
list of human possible calamities. If we ask any sen-
sible cabinet-maker, for instance, what advantage
would he gain from a Benefit Club to which he had sub-
scribed for twenty years, in the event of his changing his
location, so as to render it impossible for him to keep
up his weekly or monthly contribution to the Club;.
his answer must be " nothing." How different
would be the answer he would make to us, had
he been so long a subscriber to the National
Loan Fund Society, to the amount of only two shil-
lings or half-a-crown weekly ? What we then wish
the working classes to do, is to distinguish between the
new institution and Clubs for convivial and business pur-
poses. They have, in fact, no necessary connection what-
ever ; and whoever seeks to confound them, is not the
working man's friend. Now, in advocating the claims
of the National Loan Fund Society to the earnest
attention of the middle and working classes—and above
all, the latter, because the most helpless—we seek no
other merit than that of desiring, above all things, to
promote their moral and pecuniary welfare.

The postponement of Sir EARDLEY WILMOT'S motion
for the immediate and total abolition of Negro apprentice-
ship to the 22d inst., naturally suggests the question " How
can the interval be turned to the best account." Petitions
to the Legislature arc at once the most constitutional and the
most effectual means of promoting the great object which
the friends of the Negroes have in view. There ought to
be meetings, not only in every city and town, but in every
parish in the three kingdoms, and at these meetings the
clergy of the Established Church should take the lead.
We have seen with delight, that in almost all the public
meetings which have been held on this subject, the Mi-
nisters
of the Church have taken part. But that we
conceive is not enough. On a question like this, which is
entirely divested of all political bearing, and in which the
rights of outraged humanity arc to be vindicated, it is the
peculiar province—the high and distinguished privilege—
of the ministers of that Gospel which proclaims glad
tidings to all men, and inculcates the great social doctrine
of universal brotherhood, to stand in the foremost rank,
and both by example and exhortation to stimulate the efforts
of the laity in a cause so just and holy. Let us not then
be accused of presumption, if we suggest to the parochial
Clergy the propriety of addressing their various congre-
gations on this subject from tho pulpit on Sunday next.
The effect of so general and simultaneous a movement
would be electrical, and we cannot imagine a service more
acceptable to HIM " who has made of one blood all nations
that dwell upon the face of the earth."

No news from Spain.
FRENCH FUNDS.—Pants, MAY 7.
LATEST PRICES.
Five per Cents. 108 f. 45c.
Three per Cents., Sif. 15c.
Bank Actions, 2,700 f.
Romans' 1014.
Belgian Loan, 10314.
Belgian Bank, 1,415 f.
Portu,•ue,e Three peP Cents., 22N.
Heytian Loan, 495 f.
Spanish Actives,
AUSTRIAN FUND°.,—Vin,rA, APRIL 9.3.
Five per Cents. Matalliques
Pour per Cents.
Three per Cents.
Bank Shares 1157X,
—Allgemelne;Zeitteng, May:3.

MONEY AND COMMERCIAL NEWS

CITY (THIS DAY), TWELVE O'CLOCK.

We have numerous arrivals this morning of various foreign papers—
by the Jamaica mail, as well as from Lisbon, and other parts, but none
or them bring any news of importance. The accounts from Lisbon
are of a very meagre description. All was tranquil there.

Consols opened at the leaving offprices of yesterday, 93i 94 for Account,
and 934 for money; no business doing es yet. Money continuing
plentiful and difficult to be employed in commercial affairs with advan-
tage, the monied men arc beginning to make purchases in the British
Funds, although they obtain less interest for their capital than by
hazardous speculations in commercial affairs.
Exchequer Bills improved to 71 73 ; India Bonds, 81 83 prem. ;
India Stock, 2704 2711; Bank Stock, 2044 205.
In the Foreign Market we do not hear of any speculations as yet
worth attenti,:n. Spanish Active, 20 with Coupons ; Portuguese,
334 ; Three per Cents., 294; Brazilian, 764; Mexican, 284; Commu•
blau, 274 28.
Shares—Claridge's Asphalte, 12
American Bank, 34 ; Robinson,
PRICES Oi? STOCKS Till
Bank Stock
per Cei.t, !tel. .
3 per Cmt. Cont 94

4 ; British, IA ; British and North

•
DAY AT ONE O'CLOCK.
Ind a ;t.O
Ditu, Ban.is ..........
south Ftctk

3kper Cent..—..... ............ —' 01d Annnitiei .. ..
Ditto Its.' lOOl4 N. w Oitto
New .1,/, per Cent.... .. ........ 102% 3 r.er Cent. Annuities, :751
New 5 pet Cent-. — Exch. Bills, ..t,l,t CO —— pm
Bank Long Annultleatoexpire Di( t0.....„,,,,„„„„yj0
pm.
Jan. 5, 1860 ls'.,f, 1-16 Ditto Sman
PM
Oct 10, ,SQSP
Jan. 5, 1.1k50.......
I..ni
Jan. 5, 1.:.,R). .......
April L, 1880 — In.--7.lalltock for Account.. ......
J,..r. . 5, 1:770 — Consols for Acconnt
PrtiCES OF FOEEILiN EUND3 THIS DAY AT ONE O'Cl OC K.
Austrian Bonds - Pe,ulflan Bonds ........ .......-..
BeZgian Bends .•—• •...•... — Ditto Account ..... .............
Ditto Accc,unt ..... -....... . Pertugth,e. Bonds —
Brardian f..i.,nds ...... ........... Ditto New 80m1i,.... .....
Ditto AcCiunt , — Ditto Account Buenos Ayes Bonds
... ......... ..
Ditto Acco:mt ...........« — Ditto Account ... .....
Chilli= Bonds. ...—.......-.... Pro:gall Bulls .... -....- .....
..•
..
Ditto A:s.c.r.int •,••••••••••••• .6 Run Bonds, 18•2`2
Cotrublan 80n1z..-..........- ... Ditto Acetunt .....,.... .. .
Ditto Accolint .... ........ ... Mtn Metallic..: —
C.iluinblan Bonds, 1324. — Spanish Bonds -
Ditto Account ..... ......... Ditto Account —
Danish Bonds ..• .«.. — Ditto Bonds, k.l. 20%
Dittn Account — D'.tto Account ... —
Greek 80ii,"3...... ....... -.-
Ditto Bonds, 1325 ........
Ditto AccouTit .._ ...... ...... —— 3 per cent....
Mexican Bonds, 5 per cent.... Exchange —f. —c.
Ditto Acco•unt ... Dutch, 14'. per core bi%
Ditto. .... per cent.. — Ditto Account ..........
Ditto Account
Neapolitan...- .... ...... .......
PRICES OF SHARES THIS DAY AT ONE O'CLOCX
Paid. re: Sharp,
British Iron Company SU 10!.i
Aspkalte, Claridge's Patent 2
Do. Po!onceau...
Do. United States 2 4N
HALF-PAST OIVE.

The Consul Market has been buoyant during the morning, and Con-
sols have improved from 93 Ts 94 to 94 34 to 94 34 ; at present they ara
94,1, and the same for money. Exchequer Bills 71 to 73; India Bonds
81 to 83; Bank Stock 203; India Stock 2701.
The Foreign Market is in an inactive state. Spanish Active, 201 1,
with little doing; Portuguese, 331 rather improved ; Three per
Cents , 221 ; Brazilian, 761 ; Mexican, 28i; Dutch Two.and a- Ila!f,
541.
The Share Market is very flat to the present time, and most of Qum
hare a downward appearance.
The Batavier has arrived, bringing the Dutch prices of Monday—.
DUTCH FUNDS.—Ammitanam, 3IAV 7.
Money. Bi'ls.
Actual Debt, 234 per Cent
Ditto, ditto 5 per cent.
Amon Svndic,4,4 per cent.-- ............ 9511 95
Ditto, ditto, 3%

per cent. -
N Commercial Company, 4},', per cent ISS 1811 i
I go 101
Ditto (18a2 and 133) 5 per cent.

,
Loan 1836, 4 per cent. -
Ditto 1937, 6 per cent.
Exchange on London, One month l2 15
Two months
THREE O' CL 0C R

Corols for Account, 94a,

THE MARKETS.-(THIS DAY)

CORN EXCHANGE.
The supplies of both Grain and Flour this week are moderate, and as
the weather continues very favourable, the buyers show no disposition
to purchase. The samples of Wheat left over from Monday do not go
off readily, and other Grain meets very little attention at former prices.
The Flour trade is also dulL

ARRIVALS.
Flour.
Whelt. Barley. Oats. English ... .. 1,710 sack&
Irish ......... 3,090 qrs. 3,510 qrs. 2,780 qrs.
Foreign .
....—.
............ ....... ......... .........

NENVGATE AND LEADENIIALL.
Owing to the warm weather the supply of Meat was not so large,
and trade was not lively ; prices, where altered, are lower. Beef
26. 4d. to 3e. Gd.; Mutton 9.5. 6d. to 3s. 4d. ; Veal 3s. Bd. to 4s. Bd. ;
Pork 3s. Gd. to 4s. Bd. ; Irish 3s. 4d. to 3s. Bd.
Fowls are not in large supply and trade was heavy. The following
were the prices cf each of the articles quoted. Goslings 71. to Os. ;
Chickens 2s. Gd. to :Is. ; Ducklings 4s. 6d. to 7s. ; Pigeons 3d. to 7d. ;
Fowls 3s. to 55.; Poo-Hens 10s. ; Turkeys ss. ; Leverets bs, ; Eggs
48. Gd. to 6s. per 120.
BILLINGSGATE MARKET.
The supply very good and prices low. Turbot, 3s. to 155.; Soles,
6d. to 3s. per pair; Lobsters, Is. Gd. to 4s. each; Cod, Bd. to 55., for
large ; Whiting, 2d. to 6d. ; Haddock, 4d. to Bd. each ; Salmon, I. lid.
per lb. Trade lively.

Countlylemileetiigngh, tSo h
petitioner i ff ohf. t
hEs
Housesse hasofParliament
consented
to call
for
the mnie a
.
diate and unconditional abolition of Negro Slavery.
No taste has of late years been more extended in
t
England than that for gardening. The love of flowers is associated
with the most amiable sentiments, and is totally alien from those tem-
pestuous emotions which are the torments of society, A periodical,
exclusively devoted to the material objects with which the former class
of feelings are connected, must now, therefore, be as much a necessity of
society as political journals. The Gardeners' Gazette was started on
this principle, and is both honestly and comprehensively conducted. It
Is to the horticulturist and florist what the best of our weekly political
papers is to the politician.

MOSSES PARLIAMENTARY GUIDE.—This work,
which is published by A. H. Bally and Co., has now reached its Sixth
Edition, since the present Session, and has deserved its success, for it is
the completest and most authentic work of the kind The present edi-
tion contains all the corrections which have been made during th• Easter
recess, together with all the recent decisions of Election COmmittees.

______EA.
LORD WILLOUGHBY DE ERESBY'S P T'''
COMPRESCNO UACIIINX.—We have just had the pleasure of witnessing
the operation of this beautiful hand machine. Its object is one of great
national importance, inasmuch as it adds to our stock of fuel ; and in
countries where coal Is scarce, and peat abounds, It will be an invalu-
able blessing to the inhabitants. The peat harvest is long a
because subject to all the vicissitudes of weather;
nionth,foldftpernecaelraipouses
ere the peat is sufficiently dry to burn. Lord Willoughby's machine
receives the peat from the bog, after it is moulded by hand, into a form
resembling a brick ; it is placed therein, and all the moisture is pressed
out of it at one operation ; hence months are gained by this process,
simple in its operation, and of the highest importance as to Its utility.
His Lordship reserves no patent right, but offers it to the public, who
arc much indebted to the Noble Lord for his valuable invention, which
makes peat as useful as coal.

The meeting for the abolition of Church-rates, yester-
day, came fully up to our anticipations : it both asserted
that ti.ere were now no hopes of immediate success, and re-
commended continual agitation. Nothing can be more true,
and no line of conduct more desirable.

Mr. O'CONNELL made an excellent speech on the
occasion, but lie would have treated Dr. CHALMERS
somewhat differently, we think, had he heard his lecture
yesterday. It developed a gigantic scheme of Presbyterian
ambition. Dr. CHALMERS aims at establishing a new
Government for society, like Mr. OWEN ; and he assured the
meeting over and over again, that, if he could get proper
clergyman, it was no visionary scheme. Ho is to have a
priest teaching only that form of Christianity of which he
approves, in every district containing 2,000 persons, who is
to be paid by the State for visiting the houses of the people,
mingling in their amusements, instructing their children,
regulating education, drilling their sentiments, forming their
thoughts, and twining himself round their hearts by
their strongest affections. He is to worm himself into their
secrets, and be their friend, confidant, and adviser. His week-
day lessons are to be enforced by hie Sunday
rreaching. Dr. CHALMERS would establish a com-
plete theocracy in the country, which would make
every other species of Government wholly impossible.

The London mail will, on and after Tuesday (this
day), arrive in Glasgow about an hour earlier. It was expected some
time ago that the mail would arrive at this time three hours earlier, but
the delay in opening up the railway has prevented It.—Glasgow
Chroxicle.

THE LONDON AND EDINBURGH MAIL..—The
arrangements for the acceleration of the London mail are now com-
pleted, and on and after the Bth instant the mail will arrive in Edinburgh
athalf-pastBon and Birminzhin place of half.past 9 a. m.
an
om hourth cliin earlieritod; tht extensionls,
of the
-am railway,
this, it appears, is ail that will be gained for some time.
Seizures, and sales of property seized, for church-
rates, in different parts of the country, are numerous and increasing.
The refusals to pay are becoming general.

We learn that the floating out of deck of
the new
great western steam-shq) The British Queen, fro.n the yard cf Messrs,
Young and Curling, of Limehouse, is posti,oned till the 24th instant,
the birth.day of her most Gracious Majssty,

in money, according to the value fixed on the contract, If Mr. O'CONNELL had known this, he would have been
or a larger sum payable at his death. aware that Dr. CHALMERS is a most ambitious man, and
5. In the event of death before the age at which he would be only uses religion, like MAHOMET, to establish a complete
entitled to his Deferred Annuity, to return two-thirds of dominion of Calvinistic and Evangelical Divines.
his payments to his family, or such fixed life assurance
as may be settled on the contract.
6. In all such cases where the power of productiveness fails,
either from disease or accident, to enable the assured on
equal terms to couvert his Deferred Annuity into a pre-
sent Annuity.
Do the working classes require a still stronger proof
of the immense advantages which the New Institution
holds out to them over the best-regulated Benefit
Societies ? They are referred to the following tabular
exposition of the relative advantages to be derived
from paying one shilling weekly into a Benefit Society,
or purchasing with the same shilling a Deferred An-
nuity from the National Loan Fund Institution :
Age ,?0. 'Annuity: Cash. Policy Death.

By the Braganza steamer, which arrived at Falmouth on
Monday, we have received advices from Lisbon of the 2d inst.
Lord HOWARD DE WALDEN was to have left Portugal for Eng-
land last week, but was detained for some days longer, in
order to conclude a convention for the more effectual sup-
pression of the Slave Trade. The efforts of the Ministry to
alleviate the financial embarrassments, into which the recent dis-
turbances and changes in the Cabinet have thrown the country,
have given very general satisfaction. The KING and Qum;
appear frequently in public, and are well received.

The Paris Journals of Monday have all been received.
From an article in the Moniteur, it appears that in the event
of a war, France could increase her naval force to fifty-three
sail of the line, sixty-six frigates, and forty war steamers, ex-
clusive of small craft. After manning these vessels, a supple-
mentary marine conscription of 15,000 good seamen would
remain at the disposal of the Executive. What say our Lords
of the Admiralty to this ? What have they done to promote a
corresponding increase on the part of the Naval Power of
Great Britain ?

On Monday the trial of HUBERT, the intentional Regicide,
and his accomplices, commenced in Paris ; but only the pre-
liminaries were disposed of when the mails left for London.
HUBERT is described as "a young man of very feminine ap.
pearance, and with a countenance devoid of everything like
malignity of expression." Mademoiselle GlouvELLx ap-
peared elegantly attired, and her bearing was that of a
well-
educated woman. M. LEPROUX, the judge implicated in this
affair, is only 27 years of age, and is described as a man of
grave and dignified appearance. There were five others, whose
names are MM. VAUQUELIN, GIRAUD, STEUBLE, VALENTIN,
and AUNAT, placed at the Bar as principals or accessories to
the melitated design of killing the KING by means of a new
infernal machine.

There is no other news of the least interest in these journals.
The rumour that the KING, if necessary, will exercise the
Loyal prerogative to prevent the reduction of the interest on
the Five per Cents for another year, is hourly gaining credit
on the Bourse.