The Sun.
London, England, 1847-04-05 00:00:00

- •
,
CONTRACT for COALS or her Majesty's ,
orncEsp.ooK-YARDS and the ADMIRALTY and MARINE
Si° :
Department of the Storekeeper General of the Navy
Sbl The Commissioner, for °let-place, 3d April, 1847.
executing
the office of Lord High Admiral
jet of the United Kingdom of Great Britain and Ireland, do hereby give
!melee, that on TuuRsDAY, the 22d instaet, at one o'clock, they will
tr lbc ready to treat with such rersons as may be willing to Contract
eat , tier implying her Majesty's Dock Yards, or any one or more of them,
ell :and the Admiralty and Marine Offices with COALS. A distribution
of the Coa's, and a form of the Tender may be seen at the said office.
10f No Tender will be received after one o'clock, on the day of treaty,
ire nor any noticed, unless the party attends, or an agent for him duly
authorized in writing.
Org Every Tender must be addressed to the Secretary of the Admiralty,
of and bear in the left hand corner the words "Tender for /9
sod must also be delivered at Somerset-place, accompanied by a letter
Or
Srri segued by two responsible persons, engaging to become bound with
the person tendering, in the sum of 201. per 100 tons for the due per-
Ile formance of the Contract.
Itly NATIONAL LOAN FUND LIFE ASSU-
-001 RANCE SOCIETY.
lbe . OFFICE, 26, CORNHILL, LONDON.
Capital 500,0001.
51;1 Empowered by Aet of Parliament.
The system of Deferred Aunuraes, or;ginally proposed by the Ne-
e,' tional Loan Food Life Asserrar,ce Society, for the better advance-
Ov anent of the objects of Benefit and Friendly' Societies, having received
)10 the approbation of a consider-able body cf the active members and
officers of those Institution', and the Directors of the National Loan
iliCll Fund Society having been urgently solicited by them to establish a
lIC' Branch Office in connexi an with those Societies and the Operative
c lesees generally,
le w-oich their services might be successfully en-
(ii gaged, a Committee "
nae been sanctioned by the Directors to open
Or communication with'
, the different Societies, with the view of more
eft:ctually dssem
.aating
the valuable benefits amongst the Indus-
li' Woes Classes, a' Ad a plait has been Proposed with that object.
lir ADDRESS OF THE COMMITTEE.
Oil Many praleeletrahy but ineffectual attempts hare been made to
bring within the scope and operation of the laws of mortality and
IJej money the saltngs of the industrious classes, as well as various cal-
010e, ciliation'. rev ulatiag their distribution, having for their object either
I il limed' rte, contingent, or deferred benefits.
'
A 'sight examination, however, will demonstrate that the con-
ad! str:settee of these associations or societies is defective; and that in-
...;0 ?And of affording an easy access and a free choice of investment,
'which should be the privilege of every one, they confine too liar-
s 0 rrowly the channel through which a benefit can alone be secured ;
reCt' and, in proportion as their action is circumscribed and embarrassed,
Or their utility is limited. For example, it is not to every individual,
or to every class amongst the industrious community, that provision
;Sid
in case of sickness is an object of such importance as to call for a
0 pecuniary sacrifice ; white to others such a provision appears more
attractive, and the loss of employment caused by sickness is a risk
lief against which they desire to be guarded. For this anomalous state
'ket' of things there is an effective and simple remedy ;
that is to say,
Instead of covering, by one weekly or annual payment, two or inure
lbe contingent or deferred benefits, so to arrange it that each separate
1010 benefit should have its separate contribution.
It is to not having observed this rule, and to the association of
two dissimilar fenctions,. and by confounding a sick allowance and
leil an annuity flunV n 'one and the self-same payment, that much of the
ir evils and misma ent has arisen amongst Benefit Societies.
1 I No mechanisre n he so perfect for the management of a sick-
Lif mess-fand provis ',as that afforded by the constant sectional asso-
(Of clatlon and watch nets of the several members composing it. By
I, el this means a thorough and constant check is mutuallyexerclsed, and
'2lone but the really sick are likely to become chargeable upon it.
111)j ]fist the same perfection, or the same security, is seldom attainable
)pill where a fund is to be accumulated through a succession of years,
and where results arc to bear out calculations, money investment
the being in general beyond the experience of the industrious classes.
I
he For these reasons it is clear that the fends destined for a provision in
sickness should be kept entirely distinct from the fund intended as a
I tilf; provision for old age :-
Ist. Because the laws of sickness and mortality, though apparently
181/1- connected, do not depend on the same calculation.
iri/ef 2d. Because there are a great number who, in order to secure a
The larger provision in old age are willing to take the risk of providing
Illi'l for probable sickness on themselves.
3d. Because the responsibility of managing a provision for old age,
Idli,i' Continued to a distant period is, in a great measure, incompatible
We
~ref nt voluntary associations, fluctuating laws, and individual irre-
sponsibility, and more exposed to a failure in the performance of
ileria such a contract, that when undertaken on the same principles that
ordinarily govern commercial bottler.
111° 4th. Because the expenses of providing for sickness must, when
netted in the same payment with provision for old age, tend to dimi-
a tbt mists still more this provision : nor is it wisdom or good policy to en-
,el danger the one for the sake of the other.
In% Impressed with these convictions, and with an intimate knowledge
frOv of the discussions passing within the bosom of many of the existing
beell Friendly and Benefit Societies, the parties whose names are here-
unto attached, have had several meetings, with a view of proposing
e ef' or adopting a remedy for these and other evils ; and in this manner
mOl
'f
to give an additional force to the principles of brotherhood, unity,
(of and mutual aid, on which friendly societies are based, by guarding
P, . them from the risks of sudden dissolution.
pe) After much diligent search amon;st the combinations ingeniously
We, proposed from time to time for the attainment of one of the principal
objects of Friendly and Benefit Societies, they have found none equal
r is in simplicity and comprehensiveness of design, as well as forethought
Wile° and sympathy for the wants of the industrious classes, as the plan
proposed by the National Loan Fund Life Assurance Society. It is
trfillj
true that the author of that plan has fttrnished an argument against
tif provision in sickness; but, without concurring in the immediate ex-
xo pediency of abandoning a provision in sickness, no one can read the
h t()° other part of the plan itself, without being fully ea, isfied that the
11/3 eonventence and safety of Friendly and Benefit Societies will be
e it greatly secured and consulted, by separating the payment of a sick
eel 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
S them for the establishment of a separate office for the transaction of
D;
business connected with Friendly and Benefit Societies, and the in-
AS' dustrious classes in general, resolutions have been entered into, con-
e/ stituting the undersigned as a Committee, with power to add to its
e, , number, for the promulgation of the benefits contained in the an-
Orli nexed prospectus, under the guarantee of the Capital of the Society,
i and which, without interfering with the numerous objects connected
1 354 with the institution of Benefit and Friendly Societies. will in their
Ire opinion greatly enlarge their sphere of utility, and afford a protection
rde,, - to the working classes in old age. and adversity, which nothing up to
the present day has adequately secured to them.
artfir Thomas Burthom, P.C.R., Ancient Order of Foresters.
f h" John Fussell, C. 11„ Ancient. Order of Foresters.
0
• lill John H. Gordon, U.S., Araelent Order of Foresters.
James Hale, D.C.8., Amudent Order of Foresters.
after Henry Hunt, P. 0., Manchester Unity of Odd Fellows.
'
dile Joseph Nugent, Pro. C.S., Manchester Unity of Odd Fellows.
5 itli Joseph Reeks, 8.0. F., Order of Old Friends.
163 Samuel Timbre% D.C.R.. Ancient Order of Foresters.
Able
!I' DEFERRED ANNUITIES.
d (°3 Example.-A person aged 24 next birthday, by the annual pay-
e
titf ment of 11. Gs., or quarterly payment of 75., or monthly payments
cro of 2s. 2c1., may secure, on attaining the age of 60, the option of ro-
t'
rioe "Islet Annuity, 101. 19s. 2d. ; Cash down, 1071. Is. ; or a Policy
Gill on his Life, 1371. 175.
Example.-A penes; aged 26 next birthday, may secure, on at-
eo/9rl telling the age of GO, an Annuity of 101., with the other options, by
09 the annual payment 0f90., or a single payment of 221.178.3 d.:
iri° / or on payment of 61. 14s. 3d. for disparity, he will be entitled to
.0 0 the same benefits by an annual payment of 18s. 11d., the same as
,:jofe or age 20.
died Example.-A person aged 30 next birthday, by the annual pay-
mentelrS of llyes., or quarterly payment of 75., or monthly payment
Of 28, ed., may secure on attaining the age of 65, the option of re-
riY e to ceiving Annuity, 181. Os. 4d.; cash down, 1481. 12s. ; or a policy on
ilecle his life 1751.'1 is.
Example.-A person aged 35 next birthday, by the animal pay-
e er, ment of 11. 65., or quarterly payme'at of 78., or monthly payment
of 2s. 21. may secure. on attaining the ago of 6:5, the option of re-
ineitij celving Annuity, 181. Os. 40. ; cash down, 1481. 125.; or a policy on
oiper. his life, 1751. I Is.
f hie
LIFE ASSUR ANCE.
0 Example.-A person at the age of 30 next birthday may secure
5 of' the sum of 1001. payable at his d oath, whenever it may happen, and
be also participate In tee Annual Division of Profits, by the annual pay-
s, ment of 21. es. 3d.
205; Example.-A person at the age of 25 next birthday, by the pay-
„lra' ment of 4s. per month, or ls. per week, may secure the sum of
1121.55. payable at his death. whenever it may happen, and like-
ie' hie wise share in the annual profits of the Society.
ro,•b; F, FERGUSON CAMROUX, Secretary.
al' b 9
NATIONAL LOAN FUND LIFE ASSUR-
a or
:e d ANCE SOCIETY, ,
r -.008 26, CORNHILL, LONDON,
.41 04 Capital .£-500,000.
tbe , Empowered by Act of Parliament.
0.71 This Institution embraces important and substantial advantages
,!Soie with respect to Life Assurances and Deferred Annuities. The assured
has, on all occasions, the power to borrow, without expense or for-
Oil feiture of the Policy, two-thirds of the premiums paid (see Table);
a 0
le° also the option of selecting benefits, and the conversion of his in-
Arre# tercets to meet other conveniences or necessity.
Assurances for terms of years are granted at the lowest possible
t" rates.
if tae DIVISION OF PROFITS.
,9 1 The remarkable success and increasing prosperity of the Society
Vl° has enabled the Directors, at the last annual investigation. to declare
a fourth bonus, varying from 35 to 85 per cent. on the premiums paid
e ritif.: on each Polley effected on the Profit scale.
00 EXAMPLES.
~,,e0
2ly e '08.7
rite 2
W ° ''' wl Bonus Bonus in 0 ..... Assure ',
a g Premittni. d'
eft ;f1 :,, added. Cash. E" -2' t may
' a-, ft. -sorrow.
„0
.9....;,
re - - ---1.---- -.1-er'
er'
il anda 1837 4211 15 1,.E100 0 11,.£16 0 414145 0 0
0 £ £ s'-' 1838 ales 3 o'• Se 1 41 13 10 V 395 11 1
I 60 1000 3 4 ,le 1839 165 11 Iff, 74 1 91• 11 3 1 34 t 2 3
1840 116 7 6, 54 010 718 10 296 13 4
le. :clef
ere I, . 18411 11l 681 49 10 01 710 4 247 4 5

Thn divisioa or profits is mutual, and the next will be made In
December of the preseat year. •
F. FEUGUSON CAMROUX, Secretary.

FIRE INSURANCES OF EVERT DESCRIPTION ARE
UNDERTAKEN BY TUE
SCOTTISH UNION INSURANCE COM-
PANT, 37, C.Nornhill, London, on the most liberal terms and
conditions.
Special risks reasonably rated.
Renewal receipt! for insurances falling due at Lady-day are now
ready.

Printed portico] ars of the large bonus just declared in the L'fe
Department may he had on application.
F. G. SMITH, Secretary.
37. CernhilL Lryndon.

THE LICENSED VICTUALLERS' and
GENERAL FIRE and LIFE ASSURANCE COMPANT.
Empowered by Act of Parliament.
ADELAIDE-PLACE, LONDON-BRIDGE;
No. 11, QUEEN-STREET, EDINBURGH;
No. 30, OLDHAM-STREET, MANCHESTER ; and
WASON'S-lIIIILDINGS, LIVERPOOL.
The Compaay transact business to every department of Lift and
Fire Assuranes, to Annuities, Reversions, and Loans.
Am/sax—J. T. Clement, Esq.
LIF/3 DEPARTMENT.
A sum far more than equal to the valne of the policies is invested
111 the public securities, in the names of the trustees, so as to be at
all times available.
At the last quinquennial meeting there was added a bonus to the
Life P•licies equal to 25 per cent. on the sums paid, and a bonus of
5 per cent. was added to the Shares, in addition to the payment of
the annual interest.
For the convenience of parties wishing to assure for a specific sum,
without a prospective bonus, a mew table at lower rates has been
calculated, on which, as well as on the participating scale, one-half
the premium may remain ori interest at 5 per cent. for five years,
thus enabling a person to mete 'e his life for 1,0001. on the immediate
payment of the premium Tor 5 001. only.
The fellowing are the ailnw►l Premiums for the Assurance of 1001.
for the whole Life, one-hi di •ef which may remain for five years by
Merely paying the lutenist annually at five per cent.; and should
the Policy become a clali IV. the interim, the amount due will then
be deducted.
Age 20, without profits •. LI 13 0 With profits ••••• • • • LI 18 0
30 •• •••• • • • ..... • . 1 19 3
40 ... • • 211 3 •••• • • • • • 3 1 3
For short periods the Premiums are considerably lower, and for
any ages or contingencies not usually advertised information may be
obtained on application to t he Actuary or Secretary.
FIRE DAPARTMENT.
The Company insure ho•asss, nirniture, stock in trade, farming
stock, and every descriptic ea of personal property, against lose or
damage by fire.
Inauranoas may be etTecised for any pariel of time ; if for seven
Fears, the Premium and Drily will only be charged liar six.
JOHN BIGG, Secretary.

trea:
tb.
0111,31

be Id(

IMPERIAL LIFE INSURANCE COMPANY,
CORN-MILL, LONDON.

DIRECTORS.
HENRY JAMES FRESCOTT, Esq., Chairman.
GEORGE FIEL D, Esq., Deputy Chairman.
James C. C. Bell, Esq. Daniel Mildred, Esq.
Michael Bland, Esq. James G. Murdoch, Esq.
Charles Francis Cobb, F,sq. John Horsley Palmer, Esq.
Andrew Colvile, Esq. Henry Pcarse, Esq.
George Henry
Cutler, FA. George Reid, Esq.
George Hilbert, Esq. William IL Robinson, Esq.
Thos. Newman Hunt, Esq. Newman Smith, Esq.
'OUR-FIFTHS, or SO per Cent., of the PROFITS will he m-
il:Med to policies every fll th year, and may be applied to increase the
M insured, to an imm,xliate payment in cash, or to the reduction
r_nd ultimate extinction. of future premiums, as shown in the follow-
mg example:—
Pito.
ITS to POLICIES of 25 YEARS STANDING, entitled to
participate in the Bonus dcarred in 1846.

Age--------7—_
leash p.nirlon Or PrernHAnd an-
attr \ Sum Annual Bonus sur render reduced , nual re-
Xn Y.llnsured. Premium. added. of Bonus. i to. . turn of.
---.. --H---
15 t .£ s. d. £s. d. .£ a. d. !..£ s• d• £s• d.
2$ 11100 19 510 451 5 0 174 12 3 86 9: ••••••
, ~
ao 1000 21 15 10 451 5 0 193 12 2 815 01 ••••••
40 1000 26 14 2 451 6 0 236, 16 7 71951
50 WO 33.19 2 451 5028 4 0 6 4981 ••..
Go , 1001 .t.; 6 8 451 5 0, :,•,5 911 .„•••• i 4 19 4
63 13 4,451 5 0 4•.;4 12 5 •••••• .36 10 6

rate9ltr4neos Without participation j profits iffecie"
ro,
uow p-etwois, and an 'explanato,
itb.„..„gn'en by this Company, 1r statement of other advantages
at the Branch-Ofuce, t use ()dices as
.ty be bad.
oar
ofAgents.
14fggll SimMatil-EL 1.N64Z414 Actuary.