The Sun.
London, England, 1847-05-12 00:00:00

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No 175050.
5
LON DON WEDNESDAY
Eff -
N' G AS
N
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NATIONAL' LOAN FUND LIFE ASSU-
RANCE SOCIETY.
OFFICE, 26, COBNPIILL, LONDON.
Capital 500,0001.
Empowered by Act of Parliament.
The system of Deferred Annuities, originally proposed by the Na-
tional •Loan Fund Life Assurance Society, for the better advance-
ment of the objects of Benefit and Friendly Societies, having received
the approbation era considerable; body cf the active members and
officers of those Institutions, and the Directors of the National Loan
Fund Society having been urgently solicited by them to establish a
Branch Office in connexion with those liaocieties and the Operative
Classes generally, in which their service, might be successfully en-
gaged, a Committee has been sanctioned by the Directors to open
communication with the different S )cleties, with the view of more
effectually d.sseminating the valuable benefits amongst the indus-
trious classes, and a Wee has been 'roposed with that object.
ADDRESS OF THE COMMITTEE.
Many nraiseworthy but ineffectual attempta have been made to
bring whnin the scope and operation of the laws of mortality and
money the savings of the industrious classes, as well as various cal-
culations regulating their distribution, having for their object either
immediate, contingent, or deferred benefits.
, A slight examination,. however, will uemonstrate that the con-
] grunion of these associations or societies is defective; and that in-
stead of affording an easy access and a free choice of investment,
whet- should be the privilege of every one, t4ey confine too nar-
rowly the 44annel through which a benefit can alone be secured ;
and, in proportion as their action is circuihscribed and embarrassed,
their utility is limited. For example, it is not to every individual
or to every class amongst the industrious community, that provision
in case of sickness is an object of such importance as to call for a
pecmiiary sacrifice ; whi'e to others such a provision appears more
attractive, and the loss of employment caused by sickness is a risk
against which they desire to be guarded. For this anomalous state
of things there is an effective and simple remedy ; that is to say,
Instead of covering, by one weekly or annual payment, two or more
contingent or deferred benefits, so to arrange it that each separate
benefit should have its separate contribution.
It is to not having observed this rule, and to the association of
two dissimilar functions. and by confounding a sick allowance and
an annuity fund in one and the self-same payment, that much of the
evils and mismanagement has arisen amongst Benefit Societies.
No mechanism can be so perfect for the management of a sick -
ness-fund provision as that afforded by the constant sectional asso-
ciation and watchfulness of the several members composing it. By
this means a thorough and constant check is mutually exercised, and
none but the really sick are likely to become chargeable upon it.
But the same perfection, or the same security, is seldom attainable
where a fund is to be accumulated through a succession of years,
and where results are to bear out calculations, money investment
being in general beyond the experience of the industrious classes.
For these reasons it is clear that the funds destined for a provision in
sickness should be kept entirely distinct from the fund intended as a
provision for old age :-
Ist. Because the laws of sickness and mortality, though apparently
connected, do not depend on the same calculation.
2d. Because there are a great number who, in order to secure a
larger provision in old age are willing to take the risk of providing
for probable sickness on themselves.
3d. Because the responsibility of managing a provision for old age,
continued to a distant period is, in a great measure, incompatible
with voluntary associations, fluctuating laws, and individual irre-
sponsibility, and more exposed to a failure in the performance of
such a contract, that when undertaken on the same principles that
ordinarily govern commercial bodies.
4th. Because the expenses of providing for sickness must, when
United in the same payment with provision for old age, tend to dimi-
nish still more this provision : nor is it wisdom or good policy to en-
danger the one for the sake of the other.
Impressed with these convictions, and with an intimate knowledge
of the discussions passing within the bosom of many of the existing
Friendly and Benefit Societies, the parties whose names are here-
unto attached, have had several meetings, with a view of proposing
or adopting a remedy for those and other evils ; and in this manner
to give an additional force to the principles of brotherhood, unity,
and mutual aid, on which friendly societies are based, by guarding
them from the risks of sudden dissolution.
After much diligent search amon4st the combinations ingeniously
proposed from time to time for the attainment of one of the principal
objects of Friendly and Benefit Societies, they have found none equal
in simplicity and comprehensiveness of design, as well as forethought
and sympathy for the wants of the industrious classes, as the plan
proposed by the National Loan Fund Life Assurance Society. It is
true that the author of that plan has fUrnished an argument against
provision in sickness; but, without concurring in the immediate ex-
pediency of abandoning a provision in sickness, no one can read the
other part of the plan itself, without beitur fully seisfled that the
convenience and safety of Friendly and I,:eneflt Societies will be
greatly secured and consulted, by separating the payment of a sick
allowance from an annuity for old age.
A deputation having waited on the directors of the National Loan
Fund. who met in the handsomest manner the overtures made to
them for the establishment of a separate office for the transaction of
business connected with Friendly and Benefit Societies, and the in-
dustrious classes in general, resolutions have been entered into, con-
stituting the undersigned as a Committee, with power to. Add to
number, for the proMulgation of the benefits contained in the an.'
sexed prospectus, under the guarantee of the Capital of the society,
and which, without interfering with the numerous objects connected
with the institution of Benefit and Friendly Societies, will in their
opinion greatly enlarge their sphere of utility, and afford a protection
to the working classes in old age and adversity, which nothing up to
the present day has adequately secured to them.
Thomas Burthom, P.C.R., Ancient Order of Foresters.
John Fussell, C.R„ Ancient Order of Foresters.
John H. Gordon. D.S., Ancient Order of Foresters.
James Hale, D.C.R., Ancient Order of Foresters.
Joseph
HNuungt,,nPt..rCiti.,o.3cfasn.c.hmesatnerchUen,titeyr
trofnOttdydolif'odellodws.
Fellows.
Joseph Reeks, 8.0. F. Order of Old Friends.
Samuel Timbrell, D.C.R., Ancient Order of Foresters.
DEFERRED ANNUITIES.
Example.—A person, aged 24 next birthday, by the annual pay-
ment of 11. Os., or quarterly payment of is., or monthly payments
of 2s. 2d.,:may secure, on attaining the age of 60, the option of re-
ceiving Annuity, 101. 19s. 2d. ; Cash down, 1071. 3s. ; or a Policy
on his Life, 1371. 17s.
Example.—A person aged 26 next birthday, may secure, on at-
taining the age of 60, an Annuity of 101., with the other options, by
the annual payment of 11.65. W., or a single payment of 22/. 17s. 3d.:
or on payment of 61. 14s. 3d. for disparity, he will be entitled to
the same benefits by an annual payment of 185. 11d., the same as
or age 20.
Example.—A person aged 38 next birthday, by the annual pay-
ment of I/. 65., or quarterly payment of 75., or monthly payment
of 2s. 2d., may secure on attaining the age of 65, the option of re-
ceiving Annuity, 18/. Os. 4d.; cash down, 1481. 12s. ; or a policy on
his life 1751. lis.
Example.—A person aged 35 next birthday, by the annual pay-
ment of I/. 65., or quarterly payment of 75., or monthly payment
co
ef
n.
g2d. ,
Annuity,
ma may eure,
181.05.0 n4dattaining
dtolswe el4oBlf. 6152,5. t;h eoor pat ipo
onl
iocfy roe-
s
Lis life, 1751. Ile.

LIFE .
Example. —A person at the ageASS oUf
30 RANCE
next birthday may secure
the sum of 1001. payable at his death, Whenever it may happen, and
also participate in the Annual Division of Profits, by the annual pay-
ment of 2/. 9s. 3d.
Example.—A person at the age of 25 next birthday, by the pay-
ment of 4s. per month, or Is. per week, may secure the sum of
1121.55. payable at his death, whenever it stay happen, and like-
wise share in the annual profits of the Society.
F. FERGUSON CAMROUX, secretary.

NATIONAL LOAN FUND LIFE ASSUR-
ANCE SOCIETY,
26, CORNHILL, LONDON.
Capital 2500,000.
Empowered by Act of Parliament.
This Institution embraces important and substantial advantages
with respect to Life Assurances and Deferred Annuities. The assured
has, on all occasions, the power to borrow, without expense or for-
feiture of the Policy, two-thirds of the premiums paid (see Table);
also the option of selecting benefits, and the conversion of his in-
terests to meet ether conveniences or necessity.
Assurances for terms •f years are granted at the lowest possible
rates.

VICTORIA
ICING LLET, CITY.
DIVISION OF PROFITS.
At the first Septennial Meeting of this Company, held on the 11th
March last, 1. BONUS, averaging 23 per cent. on the amount of
premiums paid, was declared on Policies entitled to participate iu
Profits.
Four-fifths, or 80 per cent. of the entire Profits of the Company,
will at future divisions be appropriated to all Assurers entitled to
share therein.
Every advantage is offered by this Company to Assurers.
On Policies taken out for the whole term of life, one-half of the An-
nual Premiums thereon may remain unpaid for five years.
Parties Assured with the Company are allowed to reside in twiny
of tile COlotites without additional charge, and the Premium required
for the East er West Indies, and other extra risks, is more than
usually moderate.
By a plan originating with this Company, great security is offered
to parties Assuring the Lives of others.
Advances continue to be made to Assurers en Assignable Property
or Income, and also on the guarantee of most undoubted personal
sureties.
Detailed Prospectuses, and every information may be obtained, by
application at the Mee, or by letter addressed to the Actuary.
WILLIAM RATRAY, Actuary and Secretary.

THE CITYOF LONDON LIFEASSURANCE
SC.CIETY.
No. 2, ROYAL EXCHANGE-BUILDINGS.
This Society is established on the principle of combining all the
known advantages and conveniences of the oldest Life offices, w;th
the general results of their experience.
Its Premium Tables are adjusted on the most economical yet safe
scale, and embrace three distinct divisions or departments :
Thus, 'Policies may be effected on
THE MUTUAL SYSTEM, securing all its advantages without its
risks or liabilities, AN IMPORTANT CONSIDERATION TO ASSURERS.
THE PROPRIETARY SYSTEM, with the full benefits of lts acknow-
ledged SECURITY, SIMPLICITY, and ECONOMY; and
THE ACCUMULATIVE Olt DEPOSIT SYSTEM, INTRODUCED nY
THIS SocrErt, which perfects the principle of Life Assurance, the
11111 amount of the Deposit—Premiums being at all times available
to the Assured.-
ALSO HALF-CREDIT PREMIUMS for stipulated periods, a pecu-
liarly advantageous arrangement for YOUNG LIVES and for all per-
sons WITH ADVANCING MEANS OR INCOMES.
And, Tables expressly calculated for NAVAL and MILITARY RISKS in
all quarters of the world, en the most moderate terms.
Together with all the 'usual divisional rates, accommodations, and
conveniences. .

EDWD. F. LEWES, Sea =Air.

UNITED KINGDOM LIFE ASSURANCE
COMPANY.-- 8, Waterloo-place, Pall-mall, London ; 97,
George-street, Edinburgh; 12, St Vincent-place, Glasgow.

JAMES STUART, DIRECTORS.
Esq., Chairman.
HANANEL DE CASTRO, Deputy Chairman.
Samuel Anderson, Esq. F. C. Maitland, Esq.
Hamilton Blair Avarne, Esq. I William Raliton, Esq.
E. Lennox Boyd, Esq., Resident. John Ritchie, Esq.
Charles Downes, Esq, F. H. Thomson, Esq.
Charles Graham, Esq,
This Company,
perfect security in a large paid.up Capital, and in the great success
established by Act of Parliament, affords the most
which has attended it since its commencement in 1834—xis Atirrus.i.
INCOME BEING UPWARDS OF 84,1'001.
In 1841 the Company added a bonus of 2/. per cent. per annum on
the sum insured to all policies of the participating class from the
time they were effected. •

The bonus added to policies from March 1834, to the 31st of De-
cember, 1840, is as follows:
Sum Assured. Time Assured • Sum added to Policy.
£5OOO 6 years 10 months.... • • • • £683 6s. Bd.
5000.. ••••• • • • 6 years ••• • • • 600 Os. Od.
5000 4 years • • • • • • 400 Os. Od.
5000.• .. •••• • • 2 years •••• • • • 200 Os. Od.
The Premiums, nevertheless, are on the most moderate scale, and
only one-half need be paid for the first five years, where the In-
surance is for Life. Parties wishing to secure the benefit of the next
division of profits, in 1848, should make immediate application.
No Entrance Money or charge except the Policy Stamp.
Every information will be afforded on application to the Resident
Director, No. 8, Waterloo-place, Pall-mall, London.

EASE IN WALKING,
WILLIAM BADDELEY, of 130, STRAND,
is induced to give publicity to his much-admired PRE
PARED LEATHER (so noted for extreme SOFTNESS and
D URABILITY), in consequence of the patronage he has received,
and the general satisfaction given by him in manufacturing the above
into BOOTS, &c., on his peculiar fitting principle of combining
elegance with ease. An extensive assortment of best made articles
alwayt ready on sale. Established in 1767.

SOCIETY OF PAINTERS IN WATER COLOURS.
T" FORTY-THIRD ANNUAL EXHIBI-
TION is NOW OPEN, at their Gallery, 5, PALL-MALL
EAST, each day, from Nine till Dusk.
Admittance, One Shilling. Catalogue, Sixpence.
J. W. WRIGHT, Sec.

OVERLAND RATES for PARCELS sent
direct to the PENINSULAR and ORIENTAL STEAM
NAVIGATION COMPANY'S Parcel Office, 44, St. Mary,axe•
To ADEN, CEYLON, 'IADRAS, CALCU TTA, the STRAITS,
and CHINA, Parcels under a quarter of a foot, cubic measurement,
will be taken at 55., 6s. 6d., and 9s. each. Note-ss. parcels will
carry six monthly magazines.—Three quarters of a cubic foot and
upwards charged at the rate of 203. per cubic foot. Bombay, 305.
br
e.m given. on theon personall 7 t fer
application the
per cubic foot.—The above rates include every charge from the
k to ti
office to the port of destination, except EArYptian transit duty.
Packages received up to the last d iy of the month for the mail of the
31. , and
•
mailof.
othreb2yowiliritinDge.
JAMES BARBER, Superintendent..
particulars

44, St. Mary-axe.

GENERAL STEAM NAVIGATION
TCOMPANY'S splendid and powerful trst-elass STEAM-
'HIPS are appointed to leave—

t?RAMBITRGR, carryingni-El°usherMe oikireTstoyw'serSif:rs, every Wednesday

ROTTERDAM and the RHINE,
- Blackwall ier, for—
carrying her Majesty's Mails—
Every Wednesday and Saturday, at Ten, Morning. The Rainbow,
Saturday. The Ocean, neat Wednesday.
ANTWERP and the RHINE--The Venezuela, every Thursday,
at Ten, Morning.
OSTEND—Every Weclnesd..„ ni Saturday Morning. Saturday,
at Eleven, Morning; next Wednesday, at Fonr, Morning.

From St. Katharine's Steam Wharf, for—
HAVRE—Every Sunday and Thursday, at Eight, Morning.
From London-bridge Wharf, for—

BOULOGNE—Every Thursday Morning; 13th, at Ten; 20th, at
Three.
CALAIS—Every Thursday and Sunday Morning.
HULL—Every Tuesday and Friday, at Eight, Morning.
YARMOUTH—Reduced Fares—Every Wednesday and Saturday,
at Six, Evening.

- From Brown's Wharf, Poplar, for
EDINBURGH—Reduced Fares—The Clarence, this present Wed-
nesday, at Ten, Night ; the Trident, Saturday, at Ten, Night ; the
Leith, Saturday, May 22, at Ten, Night.
From Hore's Steam Wharfs, Wapping, for—
NEWCASTLE—Reduced Fares—Every Wednesday and Saturday,
at Eight, Evening. Chief Cabin. 11. ; -Second Cabin, 12s.
Between BRIGHTON and DIEPPE—Every Wednesday and
Saturday.
Between BRIGHTON and HAVRE—Every Monday and Thurs-
day.
Between DOVER and BOULOGNE.
To secure Berths, for Freight, and for Bills, containing hours of
departure, fares, &c., apply at the Offices, 69, Lombard-street; 37,
Regent-circus; and 35, Leadenhall-street.

THE RACES.—LIGHT WEIGHT, ANTI-Dun
N 'CHOWS PALETOT, 114,. Regent-street,
and 22, Cornhill; not elsewhere in London.

PUBLICATIONS.
Di. MILLINGEN'S NEW WORK.
Just published In one vol. 8v 0.. price 14s. bound,
MIND AND MATTER.
Illustrated by Considerations on Hereditary Insanity, and
the Influence of Temperament in the Development of the Passions.
By J. CF. MILLINumq, M.D., M.A. First Class Surgeon to the
Forces; " Author of The Curiosities of Medical Experience," Sc.c.
11. HURST, King William Street, Strand.

Now Ready, in One Volume Bvir, price 125., the Fifth Edition of
THE ELEMENTS OF BOTANY,
STRUCTUHAL AND PHYSIOLOGICAL. With a Copfoul
Glossary cif-Terms: The whole Illustrated with nearly 700 Wood-
cuts. IIyJOHN LINDLEY, Pit.D., F.R.S.

This will complete the Series of Elementary Botanical Works of
Pr fessor LlN!ley, of which " School Botany" and " The Vegetable
Kingdom" form the other Parts.
London : Bradbury and Evans, 11, Bouverle•street, Fleet-street.

-- -
Now ready, crown Bvo., bound, Morocco cloth, price 6s.
m 0 DERN LIFE, and other Poems.
Henry Baynes, Publisher, Clements-lane, Lombard-street.

•
MR. LEIGH HUNT'S NEW WORK.
On Saturday will be published, in Two Volumes, post Svo., with a
Portrait of the Author, by SEVERN, price One Guinea, '
EN: WOMEN, &ND BOOKS;
• a Selection of SKETCHES, ESSAYS, and CRITICAL
MEMOIRS, from his Uncollected Prose Writings.
By LEIGH HUNT.
London : Smith, Elder, and Co., 65, Cornhill.

11HE 71st Number of THE HYGEIST for
MAY, contains most important Observations en Dr. Cronin's
Trial ; also Observations on Mr. Wakley's Attack on Holloway and
Coede, for fraudulently using the names of Sir Benjamin Brodie
and Sir Themes Wilde in their testimonials, B.74.—Price Id., or 2d.
per post.

Office, 368, Strand ; and may also be had of all the Hygelan
agents throughout the country.