The Sun.
London, England, 1847-06-10 00:00:00

GIVE TOUR gIiDEIIS IMMEDIATELY.

EverY vperston who shall subscribe for
T iiISPATCH
During this Month of JUNE,
Will be presented with a
FINELY ENGRAVED PORTRAIT OF
▪ h„„_"' Poems of Miss Cook are national property. There is hardly
,h,;7tWead in the land where her name a, her contributions to
the are not millibar as N.,11.e11,,1d words. Apart from
cenrwerfla and brilliant talent with which the • Dispatch' is
t11,4„."t4-1a47. 41, this handsome and acceptabie present to its fifty or sixty
mailers' cannot fail to be appreciated."—LiverpociChronicle,
t.Tila,
enes. tys tic genius, by Trant.'cliold, Is most striking,
ule engraviog ',Hard, in the first, style of the art.
siZ Edition ittt, is pul'..Aished at rive &eine% every
1181,• tut transmission the First. Trains and Morning
g 0 that person., residing IP..towns 260 miles front London tu,;y
-.ve it the same evening,
Lonlon Ittarkets of the week, including
also the 9';iirited letters of Publicola, 'austle,
• sornis ; nod 'frequently original poems by Mks Eliza Cook
tATCIIDa,esIMD:ii of supplied witl. the WEEKLY DIS-
-5w,,a,11-g• . ,0 thsdr t niers and nay their subsc-. iptions to any,
;3% Fie,. ar to Mr. Mellor,. Wood, at the DISPATCH Office,
41rtet, London, 'who, by a ,renilttonce of 25., or postage
• -* tt Mutt amount, will supply the DISP ITCH throughout June
• •
lrt/e terms for the DISPATCH are, per Quarter - 7s. Ott.
I'er Year, In advance 6 Od.
. -
Ifitto on Credit, payable by reference in London ..£1 10s. Od.
Zik br beautiful frame, of an original character. in imitation off
s Cook
and foliage, Interspersed with medallions illustrativebo
tc:n, s works, has been prepared by an artist of consider, le
tge,,,.,4ricl which can be had at twenty shillings each.
to supply
been made with respectable mtaon2ustasetuarnears
anyo ab-
krk'kr • at prices varying !ruin 3s.
1,411-1 the DISrATCH may, by transmitting , to, Mr. Wood the
the frarrie he wishes to obtain, be supplied with the same.

, .
ItOYAL POLYTECHNIC_ IN S'CITU rioN.
toldtm The, ELECTRIC TELEGRAPH COMPANY has just de-
cipit e'
complete. S 's of APPARAUS, illustrating the
lePrin.
r,i4k th
„ ELECTRIrieC TELEGRAPH T
aon s now worked the ad-
t"
e!. of Railway Also,-saperb Specimens of their ELECTRIC
tlcDiai. • ALARUM, &c. Among the .various works of interest
tl)B4g ',ila WORKING MODEL of CLAASEN'S PATENT IM-
AMWAY. Dr. Bachhoffner's LECTUR...S on NATU-
tic 2..MOSOPHY. CHEMICAL LECTURES by J. H. Peppers
beiki) 04 the Evenings of Monday, Wednesday; and Friday. The
41'4 OPTICAL EFFECTS, LIVING EXPERIMENTS, &C. &C
- .

•
NATIONAL LOAN .F-UND:LIFE ASSU-
. , :RANCE SOCIETY.-
. OFFICE, 26, .CORNIIILL;•LONDON. ~ .. ,
.
Capitctlsoo,lioo/. - -
.._ .. .

• . Empowered.by Act of Parliament. • •
The system of Deferred Annuities, originally proposed by, the Na-
tional Loan Fund Life Assurance Society, for the better tadiance-
ment of the objects of. Benefit and Friendly Societies, having received
the approbation-of st.considerable body of the active niembe;.s• and
officers of those Institutions, and the Directors ofthe,Nationat Loan
Fund Society having been-urgently-solicited by them t establish a
Branch Office in connexion with th.e gocieties, and the Operative
Classes gineially, in which-their services might be successfully en-
gaged, a Committlee has been sanctioned by the Directors to open
communication with the different Societies, with the view of more
effectually disseminating the valuable benefits amongst the Indus•
trioas classes, and a plate has been utoposed with that object.

ADDRESS OF THE COMMITTEE,

Many praiseworthy but ineffectual ettempta have been made to
bring withiteehesseope asp opelation 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 demonstrate that the con-
struction of these associations or societies is defective; and that In-
stead of affording an easy access and a free choice of investment,
whit} should be the privilege of every one, they confine too nar-
rowly the e,annel through which a benefit can alone be secured ;
and, in proportion as their action is circumscribed and embarrassed,
their utility is bolted. 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
pecuniary 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
henetit 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
art annuity fund in one and the self-same payment, that much of the
evils and mismanagement has arisen amongst Benefit Societies.
No meclianie n can be so perfect for the management of a sick -
ess-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.
Rut the same perfection, or the sans- se tufty, is seldom attainable
where a fued is to be accumulated through a succession of years,
and where essults arc to bear out calculations, money investment
being iii r,-eral beyond the experience of the industrious classes.
For thew, reasons it is clear that the funds destined for a provision in
ilckves, stronld be kept entirely distinct from the find intended as a
provision for ced age : -
let 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 indiv dual irre-
sponsibility, and more exposed to a failure is the performance of
such a contract , teat when undertaker on the same principles that
ordinarily govern commercial eodlei.
4th. Because the expenses of providing for sickness must, when
milted in the same payment with provision for old age, tend to dimi-
nish still mere 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 ad atonal 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 automat 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 being fully saslsfleil that the
conven'ence and safety of Friendly and I.:end:lt 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 its
number, for the promulgation of the benefits contained in the an-
nexed nrospectus, under the guarantee of the Capital or 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 11. Gordon, D.S., Ancient Order of Foresters.
James Hale, D.C.R., Ancient Order of Foresters.
Henry Hunt, P.G., Manchester Unity of Odd Fellows.
Joseph Nugent, Pro. C.S., Manchester Unity of Odd 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. 65., or quarterly payment of 75., or monthly payments
of 2e. 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 Lite, 137/. 17e.
Example.-A person aged 26 next birthday, may secure, on at-
taining the age of 60, an Annuity of 10/., with the other options, by
the annual payment of I/. 6s. 9d., er a single payment of 22/.175. 3d.;
or on payrnew of 61. 14s. 3d. for disparity, he will be entitled to
the same benefits by an annual payment of 18s. 11d., the same as
or age 21.
Example.-A person aged 30 next birthday, by the annual pay-
ment of 1/. 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 121.; or a policy on
his life 1751. 118.
Exam le.-A person aged 35 next birthday, by the annual pay-
ment of 1/. Os., or quarterly payment of 75., or monthly payment
of 2s 2i1.. may secure. on attaining the age of 65, the option of re-
ceiving Annuity, 181. Os. 4d. ; cash down, 1481. 125.; or a policy on
his life, 1751. lls

LIFE ASSURANCE.
Example. -A person at the age of 30 next birthday may secure
tl' sum 01 100/. payable at his death, whenever it may happen, and
also participate in the Annual Division a Profit;, by the annual pay-
ment of 2!. 90. 3d.
Exafmde.---A person at the age of 25 next birthday, by the pay
merit at is. per month, or Is. per week, may sxure the sum of
1121 54. payah e at nis death. whenever it may happen, and like-
wise share in the annual profits of the Society.
F. FERGUSON C .MROUX, Secretary.

ANK of iptursit NOR ni A ERICA
1.70 INCORPORATED BY ROYAL CHARTER.
The Court of Directors hereby give notice, that a lIALF-YEARLY
DIVIDEND, at the rate of 6 p r cent. per an, um on the Capital of
the Bank, will be payable to the Proprietors of Shares registered in
this coun ry, on and after the sth of Ras next, at tho Office of the
Corporatin, 7 Helen's-place, Bishopsgate-street, between the
hours ofo , Ten and Four. No transfer can be made between 15th
instant and sth proximo, as the books must be closed during that
period.
By order of the Court,
G. DE B. ATTWOOD, Secretary.
7, St. Helen's-place, London, June, 1847.