The Sun.
London, England, 1840-06-15 00:00:00

THE SUN, LONDON, MONDAY, JUNE 15, 1840.

Wood, B.
Worsley, Ltrd
Wrightson, W. B.
Wyse, Thomas
Yates, J. A.

. TELLERS.
Warburton, 11.
Somerville, Sir W.

313.
Nichol', J.
Neel, Wm, M.
Norreys, Lord
Northland, Lord
O'Neil, J.
Ossulston, Lord
Owen, Sir Joh.
Packe, C. W
Paget, Lord A.
Pakington, J. S.
Palmer, Robert
Palmerston, Visct.
Parker, Montague
Parker, It. T.
Parker, T. A. W.
Parnell, Sir H.
Patten, Wilson
Peel, Hon. Sir ft
Peel, Colonel J.
Pemberton, Thoraes
Perceval, Colonel
Pigot, D. R.
Pigot, R.
Planta, J.
Plum ptre, J. P.
Polhill, Frederick
Pollen, Sir J. W.
Pollock, Sir F.
Powell, Colonel
Powericourt Lard
Praed, W. T.
Pringle, A.
Pusey, P.
Rae, sir William
Reid, Sir John R.
Richards, R.
Rickford, W:
Rolleston, L.
Rose, Sir George
Round, C. G.
Round, John
Rushbrook, Colonel
Rushout, George
Russell, Lord John
St. Paul, Horace
Sanderson, It.
Sanden, Lord
Sanford, E. A.
Soarlett, J. Y.
Sheppard, T.
Shir'ey,
Sibthorp, Colonel
Smith, Abel
Smith, R. Vernon
Smyth, Sir H.
Somerset, Lord 4%
Sotheron, T. k.
Spry, Sir S.
Stanley, E. J.
Stanley, Lord
Stewart, John
Sturt, H. C.
Sugden, Sir E
Surrey, Earl of
Talfourd, T. Noon
Teignmouth, Lord
'rennent, J. E.
Thesiger, F.
Thomas, Colons
1 hompson,
Thornhill, George
Tollemache, F. J.
Tom line, George
Townley, R. G.
Trench, Sir V.
Trevor, Hon. R.
Tyrell, Sir J 'l'.
Vere, Sir C B.
Verner, Colonel
Verney, Sir H.
Vernon, Granville
Villiers, Lord
Vivian, John H.
Vivian, J. E.
Vivian, Sir R.
Waddington. H. S.
Walsh, Sir John
Welby, G. E.
Whitmore, T.
Wilbraham, G.
Wilbraham, Hon. B.
Williams, Robert
Williams, T. P.
Wodehouse, Hon. E.
Wood, C.
Wood, Colonel
Wood, Colonel T.
Wyndham, W.
Wynn, C. W.
Yorke, Hon. E. T.
Young, John
oung, Sir L. W.

TELLERS.
Fremantle, Sir T.
Baring, H. B.

FOR.
Somerset
Lovat

eadalbane
Hereford
Norwsch
Than et

Angleaca
Cloneurry

Scarborough
Methuen

WESTMINSTER DISCOUNT LOAN

AND INVESTMENT SOCIETY.

On Saturday a general meeting of the proprietors and
debenture holders of this Society was held at their
Chambers, No. 10, Buckingham-street, Strand, for the
purpose of receiving from the Trustees their first
annual report of the proceedings of the Institution.
Mr. CORNELIUS O'BRIEN, M.P., took the Chair at
half past three o'clock. He said that he felt it a great
honour to preside at that meeting, and he was happy to
contribute towards promoting the objects of a Society
calculated so much to benefit the public at large, as he
thought that Institution was. As far as he was able to
judge from the accounts he had read—and he had read
them very attentively—the objects of the Society were
of very great importance to trade.—(Hear.) The
Society had rendered much assistance to the working
classes, by taking them out of the hands of the pawn-
brokers, and be thought, from the attention that was
yet likely to be given to it, that it would be able to
effect much more in future.--( Hear, hear.) The Hon.
Gentleman then called on the Secretary, Mr. Simpson,
to read the notice by which the meeting was convened,
after which Mr. S. read the following Report :
The Directors of the Westminster Discount Loan
and Investment Society, enrolled pursuant to Act of
Parliament, sth and Gth W. IV. cap. 23, in meeting the
Proprietors and Debenture holders for the first time,
have much pleasure in laying before them the following
Report of the transactions of this institution, since its
first operations in July 1839.
"The Directors have much satisfaction in stating that
the intentions of the promoters have been realised
beyond their most sanguine expectation, and that they
have been enabled to assist, by the funds of this So-
ciety, upwards of 3,000 of the industrious classes of
the community to the extent of 20,000/. in loans and
discounts. The individuals who have participated in
the advantages afforded by this Society, consist of the
following trades and professions., viz., Government Of-
ficers and Clerks, Mechanics, General Dealers, Butch-
ers, Shoemakers, Tailors, and Drapers, and numerous
other persons, many of whom are females engaged in
pursuits of honest industry. In this respect this insti-
tution differs from most others who refuse aid to these
individuals. . _ _

" The Directors have further satisfaction in stating
that the profits arising from this establishment have
been considerable, and that they have hitherto sus-
tained no losses, a circumstance which they attribute
to the great caution exercised by the Managers of this
institution, in ascertaining the moral character, as well
as the responsibility of the respective borrowers.
It is with much pleasure the Directors observe that
after defraying all expenses, fitting up offices, books,
and stationery, salaries, and advertising, (the latter
forming a very heavy item in the expenditure) they are
enabled, independently of the interest of 5 per cent to
add a bonus of 2 per cent. to the capital of those de-
benture holders whose deposits have been in the hands
of this Society for a period of six months and upwards.
" To the Proprietors a considerable dividend is avail-
able, and the Directors are enabled to make a reserve
fund for contingencies to be invested in Government
Securities.

" In conclusion, the Directors beg to state, in order to
show the beneficial effects of this Society, that three-
fourths of the borrowers have had their loans renewed.
Mr. `ALTERS then said he had been requested to
move the first resolution, which was to the effect—

" That the Report now read be received, adopted,
and that the Meeting records its high gratification at
the satisfactory nature of that Report, and also that
the same be printed with the proceedings of this day,
for general circulation."
He regretted that the task of moving the Resolution
had not devolved upon some one more competent than
himself. But still, though he felt unequal to the task,
he could not refrain from congratulating the meeting
on the satisfactory nature of the Report, as it was
very properly expressed in the Resolution which he
had just read.—(Hear, hear.) When institutions of
this description were first brought forward, and claimed
the confidence and support of the public, many doubts
arose as to how far it was prudent to encourage them.
But when the result had proved to be such as the
meeting had this day learned from the Report, there
could no longer be any hesitation as to the degree of
support which the Institution deserved at the handset the
Members and of the public at large. He might be
allowed to observe, in reference to institutions of that
description, that they appeared originally to have arisen
from motives of benevolence. They were originally
proposed by kind persons, to afford to struggling trades-
men the means of keeping on their business, and of
overcoming the difficulties by which they were sur-
rounded. Benevolent associations were established,
subscriptions forming the capital, and loans were made.
But it was soon discovered that the same benevolence
which led to the formation of those associations pre-
vented the lenders from enforcing the payment of the
loans ; and it was found that all was going out, and
that there was nothing coming in.—(Hear, hear)—.sa
that at length the voluntary system was abandoned,
and the commercial system of giving and receiving was
adopted in its stead.—(Hear, hear.) But the better
system was not altogether unmixed with evil ; and an
Act of Parliatneat was passed for the purpose of giving
facility to those institutions, and of compelling them to
adopt regulations for their government. But he re-
gretted to say that one of the greatest evils that could
creep into such societies was not guarded against by
the Act of Parliament ; and they were, therefore found
to be too closely connected with beer-shops and public-
houses.—(Hear, hear.) It was not by any means his
wish to disparage other societies ; but yet it was right
to observe that this was the first Society of the kind
which separated its important objects from so discre-
ditable and injurious a connection.—(Hear.) How
highly beneficial such institutions could be must be evi-
dent to every person who would merely observe one
feature which had been set forth in the Report, namely,
that upward of three thousand loans had been made.
Mr. NICHOLLS—No ; it is more than that. The
statement of the Report is that three thousand persons
have been benefited.—( Hear, hear.)
Mr. WALTERS continued—True ; he had committed
an oversight. The fact was that 3,000 persons had
been benefited, and 20,000/. had been put into circula-
tion, which would not have been circulated if it had not
been for that Society —(Hear.) There was another
circumstance connected with the proceedings of the
Society which showed how well its principles were car-
ried out, and how well they worked. There had
not been a single loss j; we the first loan that was
made to the present day.—(Hear, hear, hear.) Thus
it would be seen that by connecting men's inte-
rest with their duty much more good was done than ever
had been effected by heedless benevolence, in subscrib-
ing to similar institutions.—( Hear, hear.) The Re.
port contained also a statement of those expenses
without which the business of the Society could not be
carried on, and upon which it was not necessary for
him to trouble the meeting with any observations. He
had now only to move the resolution which he had read,
and he had no doubt it would be cordially agreed to by
every one who felt any interest in the Institution.
Mr. MILTON seconded the resolution.

he must state he looked upon this as a mereancit'l es ion
The CHAIRMAN said that before he put the u t•
werebetter.carflrieed thoouut,ghatndthethire mnoesxttimwpaosrtatontsbeeumsn.
e
cern. If the public were benefited by it so
to look that the provisions of the Act of Par'li
proper means, according to the Act of Parliament,
could make money. He did not think that anythey rational
man would enter into such a scheme from me
rebene-
volence. He took the liberty of making that observa-
tionebecause he did not wish the institution to b
put
upon any but its true footing.—(Hear, hear.) If the
public were benefited by the proper management of
that and similar institutions so much the better,
but
that must be regarded after all as a secondary consi-
deration.—( Hear, hear.) tut
aes hi
tsm,
wteohbinaneyst-
The resolution was then put and carried with applause.
Mr. WALTERS was sorry to be called upon to more
the next resolution. He hoped he should not be the
servant-of-all-work to the meeting—(A laugh)—but he
must confess that the work which he had to perform
was one of pleasure.—(Hear.) He had been requested
to move—" That the thanks of the meeting be pre-
sented to the Trustees for their services ; and in parti-
eu!ar to the Managing Trustee, Charles Kerry Ni-
cholls, Esq., for his very able and prudent conduct in
carrying on the affairs of this Society." In that reso-
alust
greati on eplhadeas
anroe de t
in
moving meeting
( He oenacru, r v‘•hear.)ith
They, who were themselves men of business, need
scarcely be informed, that however admirable in princi-
ple or theory any institution or any particular body,
undertaking, or system might be, unless those principles
were carried out in a proper manner, its objects never
would succeed. To carry on a society of this kind with
advantage, it was necessary that the managing trustee
should possess a sound and penetrating judgment—a
practical knowledge of human nature---a perfect power
of discriminating, as it were, instinctively, the honest
from the dishonest—above all things, that he should
possess honour and integrity—(Hear, hear.) Without
these qualities he would not give them a week's purchase
for their interest in the institution. But they had a
manager who possessed these qualifications, and brought
there into exercise daily and hourly for the advantage
of the Society—(Applause)--and he was sure they
would pass the rerolution with perfect acquiescence—
(Hear, hear.)
Alr J. TAYLOR seconded the resolution, and most
cordially concurred in every word that had fallen from
the gentleman who last addressed the meeting.
The CHAIRMAN said he fully concurred in the senti-
ments expressed in the resolution, and in the speech of
the gentleman who moved it, and he had no doubt that ,
every gentleman in the room would hold up his hand in
its favour.
The resolution was accordingly carried unanimously.
Mr. NICHOLLS begged leave to return thanks for
himself and his colleagues. The objects of the insti-
tution had been so well stated by Mr. Walters and the
Hon. Chairman, that he would not trouble the meeting
by hny further observations re pi sting them , but would
oii!y add thlt the Society CIA not confine it; benefits to
Westminster, but extended thew to twenty milea

around the Metropolis.—(Hear.) As Mr. Walters
had justly observed, that the Manager ought to have
an interest in the Society, he (Mr. Nicholls) would
only observe that he was a large proprietor,
and that in the course of the last ten years he had
had five millions sterling in his hands.—(Hear,
hear.) He hoped he should meet the proprietors next
year, in the same capacity of their trustee and manager.
—(Hear.) He assured them that he devoted all his
time to the business of the Society, from morning to
night, and he hoped to continue to do so until the day
of his death.—( Applause.)
Mr. O'Brien having left the chair, and Mr. Frederick
Augustus \ hitaker having been voted thereto,
Mr. NICHOLLS moved, and Mr. SHELL seconded, a
vote of thanks to Cornelius O'Brien, Esq., for his dig-
nified conduct in the chair.

The motion was agreed to amidst applause.
Mr. O'BRIEN, in acknowledging his sense of the ho-
nour done him i❑ the vote which had been so hand-
somely agreed to, said that he was a very inexperienced
chairman. He had expressed, as he always was accus-
tomed to do, what he felt, and no more.—(Hear.) He
was a man of business and no more, and he could not
think that he was an ornament to any chair.—(Yes,
yes.) a was now his duty to state that this meeting,
which had passed in so satisfactory a manner, was ad-
journed, and the parties who were concerned had every
reason to expect next year to receive from their trus-
tees a still more gratifying Report.—(Applause.)
The meeting then adjourned.

OPENING OF THE GREAT WEST-
ERN RAILWAY TO STEVENTON.

For some time past attention has been drawn to this
great work, from its near approach to this city and the
neighbourhood, and on Saturday last, it having been
completed as far as Steventon, it was the scene of much
animation and bustle, and from the intention of the
Directors to visit it preparatory to its being opened
for the public accommodation on Monday having
got currency in Abingdon and the neighbourhood,
a considerable concourse of people flocked to wit-
ness, to them, the novel mode of locomotive convey-
ance. At half-past twelve o'clock the Directors and a
large party of ladies, amongst whom was Lady Bar-
rington, arrived at the station in the first-class train of
carriages, which were preceded by a splendid engine, the
Charon. Amongst the Directors we noticed C. Russell,
Esq., late M.P. for Reading, the Chairman of the
Board of Directors ; Viscount Barrington, M.P., H.
Symonds, Riversdale, Greenfell, F. Gower, Esqrs.,
and Mr. Brunel, the engineer, Mr. Saunders,
Secretary, &c. The Directors having inspected the
works, with which they appeared highly satisfied, retired
with their friends to the station, where they partook of a
cold collation prepared for the occasion, after which they
returned by the same train to their respective places of
destination. The journey from London to Steventon was
performed in the almost incredible period of one hour
and ten minutes! Sunday being remarkably fine, a
great number of persons were attracted to the line, who,
as well as the men employed on the works, we were
glad to observe behaved themselves with the most be-
coming decorum and propriety.
On Monday (the day fixed for the opening of the
Railway) it was fortunately fine, and at an early hour
crowds flocked to witness the departure of the
first train. Steventon is only ten miles from
Oxford, and four from Abingdon. Numberless
were the vehicles, filled with passengers of all
descriptions, that flocked to the station, to say nothing
of the pedestrians, who were very numerous. A quar-
ter past eight was the time fixed for the departure of
the first train from Steventon. A new engine, the
Tiger, was put on the rails, decorated with flags of
many colours, and garlands of flowers and evergreens.
There were four carriages, two of the first class and
two of the second, each containing 72 passengers.
The train left Steventon, amidst the cheers of the
assembled crowd, at ten minutes past eight, reached
the Moulsford station at 24 minutes past eight, stayed
there 2:c minutes, reached Pangbourne at 37A- minutes
past eight, stayed two minutes, reached Reading at
50 minutes past eight, stayed ten minutes for the pur-
pose of putting on two second and one first class
carriages, reached Twyford at 12 minutes past nine,
stayed 1a minute, reached Maidenhead at 281 mi-
nutes past nine, stayed 3i minutes, reached Slough
at 46 minutes past nine, stayed 3,1, minutes, and
then, passing ali the intermediate stations, arrived at
Paddington, its final destination, at 21 minutes past
ten, completing the journey of 57 miles in two hours
and 11 minutes ; or, deducting the 23 minutes for
stoppages, in the short space of one hour and 48
minutes. The speed of travelling is of course unequal,
from the stoppages at the different stations, but
one mile, between Steventon and Pangbourne, was
done at the terrific rate of 60 miles an hour.
This was merely to show the power of the engine, the
average speed being 31 or 32 miles an hour. The sce-
nery on different parts of the road is splendid, more
especially near the Pangbourne station ; you catch a
glimpse of Reading as you pass the station, which seems
to be building on a grand scale : the other parts of the
road are no doubt familiar to our readers. The first
train on the Tuesday morning, by the Evening Star,
reached Steventon, from Paddington, in two hours ten
minutes and a half.

(The journey from Oxford to London may now be
performed easily MI three hours and a half, so that per-
sons (as several to our knowledge did on Monday) may
leave Oxford early in the morning, spend eight Lours in
London, and return to Oxford the same evening.
Whether this will operate to the injury of the many or
only of the few, remains yet to be seen ; one instance of
its facility has been sent us as follows :
" FACILITY OF RAILWAY TRAVELLING.—The im-
portant advantages attending this mode of travelling
was put to the test by Mr. Hedges, a butcher, residing
in this city, who, being in want of a supply of beasts,
repaired on Monday last, by the mail train from
the Steventon station to Smithfield market, where
he purchased four fine oxen, and had them eon-
; veyed the same day by the Railway to Steventon,
and snugly deposited in his slaughter-house the follow-
ing day, as free from fatigue as when he purchased
them ; they were killed and sold in Oxford market on
Wednesday. How this may operate to the injury of the
graziers we will not hazard a conjecture, but merely
state that it is confidently anticipated by those
better versed in such matters than we profess
to be, that by this means of communication advan-
tage will be taken of the overstocked London markets,
which will have the effect of very materially reducing
the price of beef; and consequently decreasing the
graziers' profits in this and other parts of the country
where railroads are in operation."
Monday at Steventon was a complete holiday.
Booths and shows of every description were present,
and thousands of persons arrived from Oxford, Abing-
don, and the neighbourhood, to join in the festivities.
We are happy to say we have not heard that a single
accident of any kind took place.
Speculations on the good or evil to result from
this great revolution, whether it be for the
one or the other, it would be useless to enter
into at present with any hope of success as
to extricating ourselves from the mazes of the
labyrinth it must necessarily lead us into. Certain
it is that it will be the ruin to a great extent of
much property ; by what good that is to be balanced
remains to be seen. For instance, the trustees of St.
Clement's turnpike will lose something like 5001. a-year !
Persons also who do not like travelling by the railroads
will find great difficulty in getting up to town any other
way, as we understand that all the coaches, with the
exception of about one, will be transferred to the Great
Western Railway. The London papers will be down
here by eleven o'clock in the day. Such are a few of
the changes that will take place.
We perceive that a line of road is marked out for a
Government railway from the Great Western at Ste-
venton through this city to Banbury and Worcester to
Rugby, but hear that there is little chance of its being
executed,—Orford Herald, Saturday.

AN UNSEEMLY AND DISTRESSING SCENE.
—We regret to have to record another of those painful and re-
volting exhibitions caused by the conflict of Protestant bigotry
with Catholic conscientiousness, which have so often of late
disgraced the district of Furness. On Monday last, a poi)"
woman of the name of Elizabeth M'Carry, aged 50, died at
Ulverston, and, being a Roman Catholic, her friends were of
course anxious that she should have the funeral rites performed
over her remains in accordance with the ceremonial of her
Church. Notice was accordingly given for Thursday, the day
of interment, to the parish clerk to have the bier and pall in
readiness by eight o'clock to go to the Catholic Chapel. No
attention was paid to the summons, and accordingly, as that
functionary was not to be found, though a special messenger
was despatched, the only alternative was to lift the corpse on the
shoulders of four men, covered with a sheet lent by a kind
neighbour. It was in this way conveyed to the Catholic Cha-
pel, where the Rev. B. M'llugh performed the usual ser-
vice. It was thence removed to the gates of the parish
.church, which were closed. In the yard was standing the offi-
ciating minister, who informed the sorrowing relatives that it
was before the usual time, but he would nevertheless proceed to
the ceremonial, if they would bring the body into the church,
that the burial service might be read. This could not be ac-
ceded to, and the minister consequently refused them admission
into the church-yard, and alleged that he was acting in ac-
cordance with instructions he had received from the Bishop.
The body was then left in charge of the Rev. Gentleman, the
friends of the deceased telling him that if it must be forced into
the church he should carry it there himself. It was accordingly
lifted within the precincts of the sacred edifice, the words of the
prayer-book were muttered over it, and it was then consigned
to the (lust. The church-yard was crowded during the interim,
and three policemen were in attendance. We have not self-
command to comment on this transaction. Is it in Britain, the
is :d o° liberty and knowledge, and in the nineteenth century,
that we live ?—Kendal Mercury.
FEROCIOUS ATTACK BY A BOAR.--011 Sa-
turday, the 24th ult., as Mr. Robert Pering, of Attaleigh, was
returning home from Cornworthy Church, on horseback, he
met near his residence a boar of his, which had escaped from
the yard; on turning it hack, Mr. P. rode by its side quietly
for a considerable distance, when he altered his pace a little,
in order to keep the animal in the right path ; on this the en-
raged creature sprang to the horse with such fury, that both
it and tha rider were in an instant laid prostrate on the ground.
The horse, which appeared to be the object of attack, received
a wound in the shoulder, about four inches in length, from the
boar's tusk, but Air. P. escaped unhurt. From the quiet ap-
pearance of the boar sometime previous, Mr. H. offered to lay
a wager that, he would safely thrust his hand td its mouth,
but we doubt `.dialler 'au has Lim milli( ctiLiultim iu hi now.
..Plymouth Journal.

SPIRIT of the PUBLIC JOURNALS.

FROM THE DAILY PAPERS OF SATURDAY.
(From the Globe.)
A most important piec. of Church preferment has just
become vacant, and is now at the disposal of the Crown ;
we refer to the Wardenship of the Collegiate Church of
Manchestc. We trust that Ministers, in filling this up,
wiil be careful to select a person of active Liberal prin-
ciples. It should be borne in mind that Manchester is
the head-quarters of the M'Neile and Stowell party.
There they are in the habit of holding their anti-
Irish meetings, and their " Protestant Associations"
(so called). The few Liberal Protestant Clergymen
in and about Manchester are, we believe, quite
out-numbered, and rendered powerless for good,
by the bigots and intolerants of their own body. Mani-
festly, then, it behoves the Government to send to this
important post a person capable of acting as a counter-
poise to the bad and unwholesome influence exercised by
Mr. M'Neile and his coadjo,ors in the unholy office of
stirring up religious and political discord. It strikes us,
that in order to do this effectually, it would be expedient
that the appointment in question should be given to some
person conversant with the questions these ecclesiastical
agitators so grossly pervert ; who might thus have it in his
power to expose the misrepresentations and calumnies
which are so continually put forward by the M'Neiles and
O'Sullivans against the Irish people.

(From the ,taildard.)
As we anticipated, the Irish Grand Jury Cess Bill was
rejected last night in the House of Lords. As we also
anticipated, its rejection has caused the postponement
of the Irish Municipal Bill. We would hope that this
postponement means adjournment sine die. Were it
not, we confess that we confidently expect that when
it does come before the House, the Bill may be
rejected—at least in its worst provisions—on prin-
ciple a course which by every means we would
infinitely prefer to the temporary defeat of it by any
question of detail. We observe with feelings full of con-
fidence and pleasure, that while urging the postponement
of the Bill on the unanswerable grounds laid for it in the
state of the attendaNt measure, neither the Duke of Wel-
lington nor Lord Lyndhurst expressed the slightest
opinion on the mode in which the leading provisions of the
Bill when before them should be dealt with. The Bill
has been postponed because it is not yet in its entirety
before the Lords; and when; it is so before them (if it ever
is) it is open to the Lords to deal with it as their duty may
oblige them.