The Sun.
London, England, 1840-03-04 00:00:00

MEDICAL SCIENCE, an IMPOSITION
en the PEOPLE.
I, JAMES MORISON, t'a Hvgeist, hereby declare to
the world that Medicrl Science (as Doctors for their selfish in-
terest have constituted it), is a gross imposition on the public.
Is there no power on earth capable of showing up the pre_
fissional murderous practice of the Doctors, not even surpassed by
the Druidical human sacrifices of our forefathers? Read the
Hospital cases, and satisfy yourselves of the infamous treatment
which is Aminn on in those abodes of death (the Hospitals),
from day to day, being nothing less than a continued series of
aitless experiments on the poor, to clo k the art of medicine
with mystery, which should and was intended to be understood
by all persons.

JAMES MORISON, the Hygei4t,
President of the British College of Health.
Hamilton-place, New-road, London, and
2, Rue des Pyramidee, Paris.
February, 1840.
The General and Sub-Agents to the British College of
Health, and also all other persons interested in the medical
liberty of the subject, are reqiusted to give the above all the
publicity possible.

Just publifbed, price 55.,
MICHAEL ANGELO, CONSIDERED
as a PHILOSOPHIC POET: with TRANSLA-
TIONS.
By JOHN EDWARD TAYLOR.
Saunders aad Otley, Conduit-street.

ROYAL BANK OF AUSTRALIA,
Capital, 1,000,000, in 20,003 Shares of 601. each,
Deposit 5/. per Share.
DIRECTORS.
Benjamin Boyd, Esq. Alexander Cockburn, Esq.
Thom-s Meux, Ent. William P. Craufurd, Esq.
George Webster, I..sq. John Connell, Esq.
John W. Sutherland, Esq. John Mitchell, Esq.
STANDING entixsEL.
Peter Laurie, Esq..
somenrons.
Messrs. Parken and Webster, 13, New Boswell Court.
Messrs. Johnston and Farquhar, 32, New Broad-street.
BANKERS.
Union Bank of London
Moorgate-street, Lothbury ; and Argyle-place, Regent-street
Edinburgh—National Bank of Scotland.
• Leith—Edinburgh and Leith Bank.
Glasgow—Western Bank of Scotland.
Greenock—Greenock Bank.
Aberdeen—Town and County Bank.
Arbroath—Arbroath Banking Company.
Dumfries—Southern Bank of Scotland.
Ayr—Ayrshire Banking Company.
The object of the Company is for the transaction of all
Banking business at SYDNEY, LAUNCESTON, ADE-
LAIDE, PORT PHILIP, and such other places as the Di
rectors may deem advisable ; and it is intended to apply, as far
as possible, the system which has proved so successful in Scot-
land.
The extraordinary progress which the Australasian Colonies
have made within the last few years, the continued flow of emi-
gration towards them, together with the high value of money
there, call for an increased number of establishments of this de-
scription, and the prosperous condition of the Banks already in
operation is a sufficient guarantee that under prudent manage-
ment this Investment must prove a most profitable and secure
one to the Shareholders, as high rates of interest are obtained
with perfect security in a country where, from well ascertained
data, Capital is improving at rates varying from 10 to 75 per
sent. per annum.
The following Extract from the Official Share List of February
4th, 1840, shows the present value of Stock is Two of the
Australasian Banks formed in London :
Original Share Paid up. Present Price.
Bank of Australasia ...,,..,,£40,,, £4O 0 £57 10
Ditto (new Shares)...... 40.,........,, 10 0 l7 10
Union Bank of Australial_ 25
17 10 2i 10
(established in 1838) f
Nor can the prosperity of Banking operations connected with
those Colonies be better illustrated than by reference to the
satisfactory Report of the Directors of the Union Bank of
Australia, presented to the Proprietors at their General Meet-
ing, on the 3d of February, and by the follo.ving extract from
the Rev. Henry Carmichael's Pamphlet on New South Wales,
wherein he observes—" There are at present in Sydney three
Joint Stock Banking Companies in operation, with a paid-up
capital of abaut 80,0001. each ; which divide a profit z,nnually
of from 59 to 25 per cent. His Excellency Sir James Stirling
also, in his recent work on Western Australia, says, in allusion
to the Western Bank of Australia, " The second half-year left
a clear profit over the expenditure of 14 and a half per cent,
which, after settire, aside one-fifth as an accumulating fund,
according to an existing rule, enabled the Directors to declare a
dividend of 11 and a half per cent. on the paid-up capital; at
the close of the year no dishonoured bill remaining on hand, nor
had the Solicitor of the Bank to oommence a single suit for the
recovery of a debt due to it."
The Directors have for some time been making arrangements
for immediately carrying into effect the objects of the Com-
pany; and in order to advance the influence of the Bank in the
Colonies, they have reserved a portion of the shares for distri-
bution there.
As the principal part of the business must necessarily be car-
ried on in the Colonies, it has been thought inexpedient to
have a numerous Board of Directors in London : it has there-
fore been determined that the number shall not at any time
exceed ten ; but to secure the prudent administration of the
affairs of the Bank, a complete system of superintendence is
now being organized by the Directors for the Establishments
in the Colonies.
A sufficient capital has already been subscribed to enable the
Directors to commence business immediately. They have
' therefore resolved, in order to avoid the inconvenience which
has been found to arise in other undertakings from an unre-
stricted application of shares, and to induce only those to apply
who wish to become bona fide proprietors, not to entertain any
application unless made in the printed forms provided by them
for that purpose, and accompanied by a payment of 2/. upon
each share applied for, the Directors reserving to themselves,
at the time of appropriation, the right.to reject or comply with
such application, either in whole or in part, the money to be
returned if the application be rejected, and to be placed to the
credit of the party in respect of the shares allotted to him
if accepted.
For tke guidance of those who may wish to become proprie-
tors, it may be mentioned, that it is not in contemplation to
call up snore than 101. per share for the neat twelve months.
The Directors have postponed filling up the London Board
to the full number of ten, m order to give them the opportunity
of selecting influential proprietors, whose assistance and co-
operation they may think it advisable to secure for the interests
of the concern; power is reserved to them for that purpose,
and they are also authorized to complete all other arrangements
necessary for putting the Company into immediate operation.
Application for shares, in accordance with the printed form,
to be made to Messrs. Boyd, 4, New Bank Buildings, Lothbury,
London

MONEY MARKET and CITY NEWS

(TUESDAY EVININII.)
TIMES.—By the advices from Hamburg the price
of gold is 429 per mark, which, at the English Mint
price of 31. 17s. 10id. the ounce for standard gold,
gives an exchange of 13. 7, and the exchange at Ham-
burg on London at short being 13. 7, it follows that
gold is of the same value at Hamburg as in London.
The premium on gold at Paris is 7 per mills, which,
at the English Mint price of 3/. 17s. lOid. the ounce
for standard gold, gives an exchange 2.5. 321, and the
exchange at Paris on London at short being 25. 30, it
follows that gold is 0.10 per cent. dearer at Paris than
in London.
As so large an amount of British capital is vested
in Dutch stock the prospect of the division of the
debt between Holland and Belgium is regarded with
increasing interest, and, as no specific facts are brought
forward, the capitalists have indulged in forming
theories. Some assert, and not without considerable
reason on their side, that Holland would have no right
to get rid of her own liability, and bring forward another
kingdom as the responsible party, without some volun-
tary act of transfer on the part of the creditors, even
though the separation is the act of the Five great
Powers, and consider that that would be a monstrous
principle according to which a debtor should nominate
to his creditor what security he should hold. These
are of opinion that the only feasible manner of coming
to an arrangement at once equitable to Belgium and
the creditors would be for Holland still to remain
the responsible party for the whole dividends, and
Belgium as the additional guarantee. Others
view the matter in a different light, and, basing
their argument on the list of prices, rather than no-
tions of equity, contend that a division of the stock
into Dutch and Belgian would be particularly advan-
tageous to those creditors of Holland who would have
to take Belgian Securities, inasmuch as Belgian Stock
worth in the market about 2 per cent. more than
Dutch. These are again met, not only with the ob-
vious truth that a diminution in the one stock and an
increase in the other might cause the relation between
them to be very different from the present, but also
with the fact that Belgian dividends are payable in
London, while the Dutch are paid in Holland ; so that
the creditor of the former Government always receives
.5 per cent., while the creditor of the latter, it has been
invariably found, is prevented from receiving so high a
rate by the circumstance of the exchange being against
London. Now, though the holders of the present Belgian
Stock enjoy this privilege, it is very improbable that
a new stock would also be payable in London, and
that the Belgian Government would voluntarily forego
the profits of an advantageous exchange, and hence it
is argued that this privilege being the sole cause of the
high price of the present Belgian Stock, any reference
to the price-list to determine the value of a newly-
created stock, without such a privilege, must he futile.
Whatever the arrangement may be, it cannot be long,
withheld, as every other matter between the two Go-
vernments is adjusted.

UN.—Colonial Markets closed firmly this after-
noon, and a good business was done in Sugar and
Coffee, at fully previous rates. Tea was not brisk, but
did not decline in price.
The :Foreign Exchanges were without any marked
alteration. Bills on Paris and Hamburgh were taken
at quotations showing rather an upward tendency, the
advices by the Mail of to-lay bringing an improvement
at the latter place in the rate on London. Paris was
25 GO.; Hamburgb, 13 9i to and Amsterdam,
12_1

Tiie English Stock Market was flit throughout the
day. Consols closed at 90i for money, and 91i for
time. The New Three and a-Half per Cents. rallied
to 99.

This afternoon the speculative transactions in Spanish
Bonds were less animated than in the morning, and the
Active Stock receded to 29a, and the Passive to 7i.
Portuguese New Five per Cents, brought 844 ; Co-
lumbian 26 ; and Dutch Five per Cents. 1014 to Mi.
The Railway Shares were steady, but only one or two
bargains were effected.

ACCIDENT ON THE GREAT WESTERN
RAILWAY.---At an early hour yesterday morning. just by the
Wharncliffe viaduct, a collision took place, by which the engine
was thrown of the line, and the whole train was within a few
inches of being thrown off the embankment, a height of
nearly eighty feet. The consternation among the passengers
was of course very great. It was found that by some negli-
gence or mismanagement one of the ballast waggons had been
left on the line, which the engine had passed over and
crushed. Fortunately no one was hurt.

The agent of the Bank of Scotland has received
a letter, bearing the London postmark, enclosing 11., and also
10s. as interest on it, stating that the writer had, several years
ago, taken in the office here one pound more than the sum he
should have received, and had " unjustly appropriated it to his
own use." This is a good example of doing justice, however
late, and the person deserves credit for acting on his repentance.
—lnverness Journal.

SKELETONS.—PubIic amazement and consider-
able curiosity were excited in this town during the last few
days, by finding embedded in a part of the under .tore wall (in
which there was at one time a press or cupboard) of
one of the
houses now being removed for the improvement of the Shannon,
the entire skeleton of an apparently large athletic man, and the
thighs and some other bones of two others.