The Sun.
London, England, 1848-01-19 00:00:00

MARKET NEWS.-(THIS DAY.)

CORN-EXCHANGE- WEI)NESDA
The present week's arrival of English Wheat, coast-
wise, has been rather large, viz., 3,060 quarters ; and
the show of samples here, to-day, was considerably in
excess of the wants of the buyers ; hence the demand
for all descriptions was heavy, at barely the reduction
noticed in the quotations on Monday last. With foreign
Wheat we were fairly supplied. All kinds moved off
slowly, at late rates. The last parcels of Barley were
quite as dear. Otherwise the trade was in a very
sluggish state. Malt was a dull sale, at unaltered
figures. The supplies of Oats being on the increase,
that grain was heavy, but not cheaper. Beans. Peas,
and Indian Corn were quite neglected. Flour was a slow
sale, and prices were with difficulty supported.
AIt.RIVALB.
Wheat. Barley. Oats. Fleur.
3,060 qrs. 3,770 I qrs. 5,150 qrs. 670 ska.
7,360 I --
1,010 --

English • • •• • •
Irish. • • • • •• ••
Foreign • • • • ••

2,060

1,810 I
Malt, 3,450 QML.
WHITECHAPEL.

Our market was heavy, to-day, —and prices had a
downward tendency. Beef from 3s 2d to is 2d; ➢iutton,
3s 4d to 4s 4d; Veal, 4s to 5s 2d; and Pork, 3s 6d to
5s per 81iss. by the carcase.

THE SUICIDE OF SIR HENRY CAREW ST. JOIIN
1111.31 MAY, BART.— CORWSER'S INQUEST—(TIIIS DAY.)
—This morning, Mr. T. Wakley, M.P., held an inquest
at the Bedford Arms, Pont-street, Belgrave-square, on
the body of Sir H. C. St. John Mildmay. Thomas
Freeman said that he was valet to the deceased. On
Monday morning, about a quarter to six, witness heard
a noise in his master's bed room, like the fall of a table
flap. He ran in, and then found deceased dead. He
was in the bed-room, and undressed, and held a pistol in
each hand, and a surgeon was sent for, but life was ex-
tinct. He had noticed a great change in his master
during the past few days. Mr. Augustus Warre, solici-
to the deceased, said he had noticed a great change in
his manner lately. He was in a state of pecuniary em-
barrassment. Other evidence having been given, clearly
proving that deceased's mind had become impaired, the
jury returned a verdict, " That at the time he committed
the act he was labouring under insanity."
SUSPENSION OF THE FRENCH PACKET ►SERVICE
BETWEEN HAVRE AND NEW YORK.—lnformation has
been received from the Director-General of the French
Post-office, that it has been found necessary temporarily
to suspend the packet service which hao recently been
established between Havre and New York. No letters
v. ill therefore be transmitted from this country for dis-
patch by this line of packets.

...
T E
Vir E 1) IV E . E g I) A Y .._. C
.. . , ,
ri S U NI, I, 0V D ON3
VgNIN 1 SANUAAV 16
e 184 (4.
- - ...„_. - ----
THE PROVIDENT CLERKS' MU- Iby him at their last meeting should be given to the that a meeting is to be called to rescind the same. tie principles, they must not be confined to any place. The CHAIRMAN announced the report of the scru- hearty welcome, and the institution had greatly bene-
TUAL BENEFIT ASSOCIATION. directors for their labours during the Past year, for those might say that hearevOtied every one at the hoard, He knew that there was a sort of aristocracy tineers to be as follows :-Votes for fitted by it. (Cheers.) There appeared to him to be a
, who looked at the quantity of business they had trans- and. that, he leailseneteiho44;t. in the institution
_beyond about such houses as Fletcher., Alexander, and Co.,;but Mr. William Jeremiah Jordan 125 degree of freemasonry connected with Provident Clerk-
The Seventh Annual General Meeting of the mem-
acted could not fail to be of opinion that they had seeing it prosper: ',e fatatreat interest ea et, because tare were otha, who Mr. John James Iselin ... .....
hers of the Mutual Life Assurance department of .
oflb h•considered• (I les., _.l- ,- „ .
with the exception of Free-masonryism, for it
been called upon to give a greater amount a our e it a , keecteaveve do, nuee'l pcia to all the --(hear, hear.) It was because he thought that the Mr. William Maitland
this excellent association, was held at six o'clock on and time to the institution than during the preceding clerks of this countrycioAt wa,:,,1.,t,d to •
o see its object infusion of some new
could also help them forward.
blood would be of service to Mr. William Stanhope Sawtell ll6 caused every one to look upon all who were con-
Monday evening, in the large room at the London or any former year-(cheers)-but finding that euch extended, not only root{ 41 kii 11 ttl al insurance, but in the institution that he felt desirous of offering him- and for the new candidates- nected with the Provident Clerks' Association as
brothers.-(Cheers and laughter.) He
Tavern. Mr. Richard Henry Jones, the chairman a proposition was contrary to the feelings of the the benevole;r4 ‘B;e-k•ttlr,t. It was the duty, of all self for election, and if any gentleman would propose Mr. Charles Reed 26
t and that feeling would long
of the board of management, presided. managers, he had deferred to their opinion.-(Cheers.) to make provision for the accidents which no fore- and second him, he would go to the poll, although Mr. John Parry 2l
Mr. H. B. REYNOLDS felt great pleasure in second._ sight `could.
:aealfiaa, but especially for those he had not made an applicatioa for a single vote, be- The CHAIRMAN then declared the four first gentle-.•-•11v begged to thank them
Amongst those present we cbserved Mr. G. Shep- . , ~.
andas they had artat dealofwhom h • guard 14' .which they had
ing tneeproposlisen, - but for seeb h provision lieving it to be the best thing for the institution to men to be re-elected managers of the institution, for the confidence and support 11-.
yard, Newcastle-on-Tyne ; Mr. ,Vignall, of Bir- business to transact, he would content himself by leave destitute. He • ..
4 ' b • •
A.r.uue, t.t.mts.. Ita y that moment ring in some new life into the direction.-(Cheers.) amid much cheering. so long honoured him, and he begged te; .
friendsctrounstti en 'trusted that
continue.
with
1 thatie
most
assure them,
. .aa_ting on
sl'::licoraie..
..;th
mill ham; MraW, Caleovvne, Norwich; Mr. J. King, saying that he agreed most cordially in all that had to tender hiS resign'a'tlYlk ItrenY gentleman in the room Mr. "DM" then proposed Mr. Charles Reed Mr. J. J. ISELIN then rose to address the meet- in conclusion, that no exertions should be w
Exeter; Mr. E. Bell, of Neath ; together with Dr. been said by his friend. lie considered that the considered that at aeuld do more than he had done for as a fit and proper person for election to the office of ing, and was received with considerable cheer- his part to insure the continuance of that eme4,l eene-"s. a
Jones, A. Smee, Esq., F.R.Sa W. Rattray, Esq.
report spoke f
rites of ar 'm
the directors than anything he could
urn its ore truthfully and eloquently of the the PanVid(Pai Clerks' Association ; because, having director of the institution. ing. He had been requested by his three bro- support, and kindly feeling that had been ever shown
G. Thompson, Esq., and J. I. Scott. There was 4 me, ;.nterest deeply at heart, all he desired was Mr. GOSBELL seconded the nomination, on the ther managers to return thanks to those pre- to him by all connected with their valuable institu-
on their behalf.-(Hear, hear.)
to see them promoted to the utmost and to accom- ground that he believed that if the institution were to sent for the honour they had done them tion.-(Cheers.)
very numerous attendance of members.
The proposition was carried unenitneuslate plish all the good which he believed it capable of. lie be allowed to operate in new spheres of action, great in re-electing them managers of their valuable insti- The meeting then broke up.
Dr. MULLINDER, LL.D., the Secretary,. having The CHAIRMAN said-reeeetleseme, km behalf of my- wished, with that ,7lPtea to pfrolielie the re-election of benefit would result therefrom. tution, and in so doing he must confess that neither --
read the advertisement convening the meeting, self and my brother eiirectnrs, i •
I respectfully beg to a gentleman WhOin he faSete introduced, and who had, Mr. WOOD proposed Mr. Parry for election, they or he regretted the discussion that had taken
The CH &HOMAN rose andsaid-Cetntlemen, in taking . •
tender you our ,nr?Dt thanks for this additional mark of in i•-et Urn iiitinduced several more, which was the Mr. TOOLE seconded the nomination. He had no place.-(Cheers.) Although they did regret the in- IN BANKS, ASSURANCE, AND OTHER COM-
thelielence Gentlemen, as one of the oriselhel beet proof a man could give that he had exerted him- personal acquaintance with that gentleman ; he be- convenience and loss of time that had arisen in con- FAMES' STOCK.
chair on this oc •which Ido in cape- your c'''n 'of -:
'
camp~
promoters this association, I feel on this oeieeeloni- self for the benefit of the institution.--(Hear.) He lieved him to be in every respect what they wished to sequence of opposition that had taken place, at the From the Official List,
city as chairman of the board of management, I the seventh time we have yearly met trfet-e-delighted begged to propose the re-election of Mr. J. J. Jordan. see in a director of their institution. He had been same time he trusted that the observations he made puBLNEED EvEliy TUESDAY AND FRIDAY ETENING•
have to request your kind indulgence and forbearance. at seeing so much interest evinceid in the welfare of Mr. BURT seconded the n meta'o ' . • connected with the society from the period of its would not be construed into imputing any vindictive ....„....-_
It became my el.uty, therefore, and it is one which the association-(lleac)e-and:every day convinces me Mr. R, ritoi, itfuvused the re-election of his friend formation, and had gone on increasing the amount of Or improper motives to those from whom the opposition
LONDON, TUESDAY, JANUARY 18.
I undertake with a great deal eef pleasure, to that it is destliiedto become one of the greatest institu- Mr; W. Maitland. In recommending him to their his policy up to the present time.-(Hear, hear.) emanated.-(Cheers.) He was bound to admit that
Lions of which this the the new candidates had explained with great fair- JOINT-STOCK WINES,
conduct the business of tire evening. I hope to do_ country can boast. Its adV-an- faroitrable consideration, he felt satisfied if they had The father of Mr. Parry had been in
Cages develop themselves Pletch Dividend i Amount
S 0 with *he strictest impartiality throughout our
Ti more and more es it i‘i-b- witnessed his zeal in advancing the interests of the house of er, Alexander, and Co., for forty years, ness the grounds on which they had come
per of Paid. Price
whole pre ea-ea-Allege;the
of gresses• le experience of the past .yeei.• chows its institution, as he had, thy would join with hint, and and Mr. Parry had also served them for the last eleven forward-(Hear, hear and cheers) -and after that Naze at CamPallY'
Annum. Share.
and I trust at, termination ,,,1,,,,intm
have
- - necessity Arid stri.king importance. 2 2001. he was sure they would~ do so in cordially support- years, and now filled the office lately filled by the explanation no person could for one moment suppose -
.
the biaeinesa,,. ta£ s. d. £ a. d.
at my conduct in the chair will re- been paid to eleven families during that period ; ing his resolution. It must of course occur to all of late deputy-chairman (Mr. Lloyd). He really felt that any offence was intended to any one.-(Cheers.) ust
al i
40 0 0 40 0 0 15
creme your approbation.-(Hear, hear.) I will now and it is highly prom-;;le that those families would them that a great deed of 3 ritsrh ISa:r4th...kin.. E;ri;All Si. per cent. 50 0050 0 0 45
44, have hee, Lee a ; i destitute-at time and attention were grieved to hear the word " opposition " brought for- On the part of the three gentlemen and himself, who
read the report of the board of management for the e---. 1 entireiy any rate they requisite fOr the proper management of the institu-
i •ercial of Loßclon 61. per cent. 100 0 0, 20 0 0 -
ward, for he felt convinced that Mr. Parry's motive had been re-elected managers, he had no hesitation in CeYintion •• • • .......... 6/. per cent. 25 0 0 25 0 0
'ORA year. The Chairman then read the report as
e "'puld hack' had to encounter much inconvenience and tion, and :;'though all the gentlemen entrusted with in coming forward was not anything of the kind.--e saying that they were all satisfied no offence was in- ':'"
..olonial •
same time they Gloucestershire -
will
11".1110ItSS--if this institution had not been formed to aid the management were zealous and assiduous in the (Laughter.) It was quite natural that some of the tended to them-(Cheers)-but at the 15Iper cent. - - -
Weil as the balance-sheet, ofvvhich the following
em.-(llear.) It may, now be said that th,,,, so• discharge of their duties, he was satisfied that none Londn and Westminstr iSL per cent. 100 0 0 90 0 0 24
be found a succinct abstract :-younger members of the institution might aspire to could not but feel that those gentlemen who had come ienien ••••
6611. pe_r_cent.. 25
(10
000
221505
go ;
1--54
ciety has placed them in a position of comparative of them discharged their functions more zealously being, in time, managers of the society.-(Laughter.) forward that evening, strangers as they were, bad
Lopnidtoton yo•in•t••••••• - 13 0 0 -
ABSTRACT SF THE SEVENTH ANNUAL 314P(',RT 0, comfort. I need hardly fay that we feel the deepest than Mr. Maitland.-(Cheers.) He succeeded one But in order to prevent any joke being made done so under rather peculiar circumstances.- Provincialof Ireiand Bl. per cent. 100
THE PROVIDENT CLIMES' ASSOCIATION. interest in the welfare of the institution, and that of the original pronioters of this institution, Mr. at his expense, he begged to state that he (Cheers.) Mr. teed had only lately joined the Ditto, New.• •••• • • • 8/. per cent. 10 0 0 10 0 0 -
" Each succeeding year the managers have in- no exertions, no amount of labour on our parts, is Woodward, of Bristol. He assured the meeting that (Mr. Toole) had no expectations of the kind. institution. He (Mr. Iselin) hoped that he would long . 2f:raf:cceennl: hioo g
00 22 10 0 -
creased pleasure in coming befort, the members at the wanting :to promote its increased success.-(Hear.) he brought with him all the talent possessed by that He would not be a director for the world.-(Laugh- remain a member of it, as he was sure from his Ditto, New.• ••• - - 1 51. per cent. 20 0 0 L 0 0 ----
..itiaattiogolvflofcllarieolliftrrng-.
annual meeting, because eaalh successive report shows llt ath sure I. am uttering the sentiments of those gentleman, and no doubt equal energy. He had ter.) Under all the circumstances of the case he felt statements that night, he would be a valuable one.- South Australlraaii'a•::: 61. 22 10 0 -
the increased prosperity of the association. The year ' about me when I say that it is impossible for anybody brought many new assurers,- and he was convinced therefore compelled to second the nomination of Mr. (Cheers.) With respect to Mr. Parry, he understood UnDioitntoof..A.us..t per cant. 25 =0 0 2
10
g 23
1847 has been one of a peculiarly trying nature on of men to have a greater desire to promote the into- that he had the interests of the institution at heart. Parry.
account of the dearneess of provisions, threatened rests of any institution than those gentlemen have to -(Hear.) 40 0 0 40 0 o
that he had been connected with the association for a uni,,, of London 6/. per cent. 50 0 0 10 0 0 _
Mr. ISELIN would have abstained from addressing much longer time. Now, with respect to that gen- Union of Madrid .• • • - -
scarcity at the comm encement, and the vast amount promote the increased prosperity of the Provident -.• Mr. STEVENS seconded the motion. the meeting on the present occasion had it not been tleman, it appeared to him that he, being the sue- '
CANALS.
of sickness, together with a severe commercial panic, Clerks' Association.-(Hear.) No body of men Mr. JEPPe proposed the re-election of his friend Mr. for the observations offered by one of the new can- cessor of their late lamented and respected vice -
which has been :specially felt by all connected with could feel greater interest in its welfare, or put for- Sawtell, and said he did so with a great deal of plea• didates, Mr. Reed, viz., that the board of manage- chairman, Mr. Lloyd, in the office in which he had
e I 1
_, Names of g Dividend) .
commercial affrhirs, and materially tended to retard ward greater exertions to promote that end, than they sure, because he had devoted a great deal of his time meat were sitting as an aristocratic body on one been employed, that he had been informed by some of Companies. 4 ! per
Names of 45 ;Divicleud'
' PriCe• comoani„. ~, per ['rice.
r ''' A Annum.
sa fin
life assurance, Notwithstanding such drawbacks the do.-(Cheers.) You, of course, can aid us very to the promotion of the interests of the institution, and side of the green table, as contrasted with the body the gentlemen connected with the association, that a: Annum. - \---
progress of the: association has been great; last year much, as the report has mentioned ; every one, how- was well conversant with its working, and he need of the members then assembled. Mr. Iselin, on this if he only got himself elected as a manager, that he - _ -
4
the board reported that 374 policies had been Issued, ever humble, can do something to promote so good a not tell the meeting that time was required for the occasion, took leave to assure Mr. Reed, that if he would be on the high road to fill the office in that Atm.& (oh t st.st, pc 70 MaceleStleld • 100 - 15
for an aggr,:gate of 69,2001.; they now announce that work. Let it be borne in mind that individual exer- mastering of its details. Ile was sure that the energy imagined that such observations would tell upon institution which the late Mr. Lloyd had done, and Harnslee•••• 160 121. 180 Neath ••• • • • 1001 201. 32t1:01
in 1847 cist._.,y have issued 417 policies for 84,7501., Lions increase our aggregate strength, and that in he had used in the past would be put forth with in- that meeting, he had greatly underrated the quality that, in short, like the pupil of the prophet of old, the Birmingham
1: :1. 80
CE':l2kr'll:o;e; i . I'g
2:11: 40
being ft,,cle largest amount of business done in any year promoting the objects of the institution by the intro- creased energy in the future, if they were pleased to and intelligence of the audience he was addressing. mantle of Elijah might fall upon Elisha.-(Cheers Coventry.... tool 251. - Regent's •• •• 33 11. 4s. is
sine', the formation of the association. During the duction of new members, you are benefiting your- re-elect him. Mr. J. J. ISELIN said that he believed the rule to and laughter.) Now, it had been said that the chief grib;rek•c•h•; leal
133 Si. 2 'B':."rd.ea'te6;;:l '8550 7/4110s. 130'"
Fest year 527 proposals were made to the office, of selves as well as your friends.-(Cheers.) You have Mr. NISSEN seconded the motion, be in general a healthy one, and he thought that the object in proposing the two new candidates for the eaoease ... iota sees - Do.LliniSt 12 61. p. c. -
which 412 were accepted, 57 declined, 14 withdrawn, recently been informed, by advertisement and circular, Mr. COLEMAN wished to offer a few observations to meeting ought to make a bona fide use of it, provided management was to infuse new blood into it; that GrAnlJunctn,loo/ 51. 78 &trot/o'4re 140 281. 275
GrandSurreylloo, - 30 Shrewsbury.. 128 151. -
and 44 waiting examination, that four directors, whose term of office has expired, the meeting. They had arrived at that period of the however, they had sufficient reason for so doing. object was most commendable when necessary, Urand Unlonlloo 11. 10s. 2l Li Stourbridge.. 145 201. 305
"At the special meeting held on the 18th of Ja- offer themselves for re-election. The expiration of business when the gentlemen who wished to propose Now the reasons which had been given were some- but he could assure those who enter- Grantham •• 1501 121. - Severs and'?
nuary, 1847, power was given to the board to accept the term of office of a similar number takes place a new candidate must either elect to proceed or stay thing like this-the present directors were like the old tamed such an opinion, that their fearsj 26 11. 85. 80
scanteedsL';ivvurp,lo9o' "347. d. 5054 WY:L.Yr.re Bail.ick ~n m
proposals above 5001., but not exceeding 1,000/, on every year, and a very wholesome provision I consider their proceedings, and when the gentleman already spider, their web was wrought out and they were of no were wholly groundless, as by the immutable course Leicester .. • •1140 10/. 75 Binning. i-- •••• 65
one life. Since then they have received nineteen it to be. The names of the gentlemen who retire and nominated and seconded might, by a withdrawal of further use. He did not think that such was the case. of events great changes were continually taking place !.,e lue teb,serelogi r 1 84
7401 i.
611 Wil,t7itckki 1 1
.... 46
proposals for sums exceeding 5001., of which offer themselves for re-election are Mr. John James the new candidates, be elected -without opposition.- He did not approve of the law which had been referred in every institution, and not less at the board of RlEGonniouthsh 100 St. - WorcPst°rnlic 78 21. 39
ten have been accepted, three declined, six wait- Iselin, Mr. IVilliam Jeremiah Jordan, Mr. William (Hear! hear.) After the way in which the nomina- to as being in operation in the National Provident management of that than any other.-(Cheers.) As eirasemresie leo 51. - Birming.l
11. 11
ine examination_ and the hnnrd being decirnns of using Maitland. and Mr. W. S_ Sawtell. The gentlemen tion of the old manaveers had been received_ it was Society. He 1101; a that 1 ..AVP._ lnt.C. rendered it onmnnl- on inatonna ne +b at onri ;n ~...,1,,,.. 4,, .1,,...., +ha+ now bieltnliwbrylloo 107. - Wilts & Brio, 67 1

" Each succeeding year the managers have in-
creased pleasure in coming befont the members at the
annual meeting, because easth *successive report shows
the increased prosperity of the association. The year
1847 has been one of a peculiarly trying nature on
account of the dearness of provisions, threatened
scarcity at the commencement, and the vast amount
of sickness, together with a severe commercial panic,
which has been specially felt by all connected with
commercial affisies, and materially tended to retard
life assurance.. Notwithstanding such drawbacks the
progress of the association has been great; last year
the board reported that 374 policies had been Issued,
for an agglasgate of 69,2001.; they now announce that
in 1847 dsey have issued 417 policies for 84,7501.,
being tie largest amount of business done in any year
sine's the formation of the association. During the
P".st year 527 proposals were made to the office, of
which 412 were accepted, 57 declined, 14 withdrawn,
and 44 waiting examination.
" At the special meeting held on the 18th of Ja-
nuary, 1847, power was given to the board to accept
proposals above 5001., but not exceeding 1,0001. on
one life. Since then they have received nineteen
proposals for sums exceeding 5001., of which
ten have been accepted, three declined, six wait-
ing examination, and the board being desirous of using
such enlarged power with caution, and until a fair
average of such 1,000/. risks should be obtained, de-
termined to re-assure a portion in another office.
From the commencement of the assurance the rate of
mortality has been uuprecedentedly small, for up to
the end of 1846 five deaths had only occurred, making
claims to the amount of 600/. ; but although the rate
of mortality, as given by the Registrar-General for
the past year, has been in excess seven per cent. over
ordinary years,:yet the association has only been called
upon to pay during the year just closed 2,2001. upon
eleven policies, being scarcely one per cent. on the
whole amount assured. Two of these cases were re-
rnarkably illustrative of the value of life assurance.
One was a sudden death from immigration fever, the
other an accident caused by the incautious use of fire-
arms (not by the assurer, but strangers), both casual-
ties having occurred in Liverpool. Under this head
the board have to regret the loss of their highly-
esteemed eollessgue, Mr. C. Lloyd, their late deputy-
chairman, hose zeal and indefatigable exertions
commenced with the formation of the association, and
only tertn'tnated with his life.
" In accordance with rule 32, the first division of
profits `will take place in 1848. The necessary data
has been placed in the hands of W. Ratray, Esq.,
your. coustalting actuary, in conjunction with Griffith
Da viers Esq., and as soon as the board receives these
gPsntlemen's report the same will be laid before the
members at a special general meeting.
" The board, acting on the suggestion of the last
annual meeting, convened a public meeting at
the east end of the metropolis, on which
asceasion G. F. Young, Esq., presided, ably
:supported by J. A. Smith, Esq., M.P. The board,
finding that other assurance offices were making in-
creased exertions to obtain business and disseminate
the benefits of life assurance, deemed it their duty
not to be behind hand, and being desirous of impart-
ing to the members in the country a full knowledge
of the principles and operations of the association, sent
a deputation to'Liverpool, Manchester,'Gloucester, Bir-
mingham, Bath, Bristol, Exeter, Cardiff, Merthyr, and
Nesah, and the result was a strong desire on the part
of members and friends that public meetings should
be held. The board, to meet these wishes, and being
desirous of cart.) ing out the views of the agents to
promote the general welfare of the association, again
sent a deputation to attend a public meeting, which
was held on the 14th of October in Birmingham,
over which W. Scholefield, Esq., M.P , ably presided,
and subsequently, on the ksthof
October, the wor-
shipful Mayor of Exeter, W. D. /sloore, Esq., took
_the chair at a public meeting held in that city. The
board have the greatest satisfaction in stating that at
all these meetings, whether public or private, the most
lively interest was shown, and a strong feeling to pro-
mote the success of the association manifested, and
tlae board have the pleasure of further adding, that
their personal acquaintance with the medical refeseea
and agents has fully confirmed the judgment exercised
in their original selection.
" The board, on the subject of deputations, desire
to make one or two observations. First, the fact of
personally coming into contact with country members
'who are unable to attend the public meetings
in London is calculated to inspire confidence, and to
show that the benefits of the association are common
to all ; secondly, that they afford opportunities for
explanation and information, which cannot be com-
municated by writing ; thirdly, that they afford
the best means of diffusing more widely a knowledge
of the advantages of the association ; indeed the depu-
tation received many pleasing instances of the effi-
ciency of such a mode of procedure, and of the
gratification with which country members hailed their
visit. The board, on the subject of deputations,
express a strong conviction that by periodical visits
to the provinces, that spirit which it is the aim of the
association to encourage will be most efficiently pro-
moted. The board consider themselves, and the
members at large, under deep obligations to those
gentlemen who so kindly and ably presided at the
public meetings, and to the persevering exertions of
the agents and local committees in promoting them.
By the balance•sheet, which had been duly audited
by three members, and which had been open for the
inspection of members one week prior to the meet-
ing, it appeared that although the Board had paid in
claims, for the past year, 2,200/., it had increased the
funded property by 2,500/., which now amounts to
10r500/., independently of the guaranteed fund ; the
annual income from premiums and interest on
stock being about 6,800/.
" The report then alluded to the fact, that by
Rule 7 four managers would go out of office by rota-
tion, but who offered themselves for re-election, and
that two other members duly qualified had offered
themselves as candidates.
" The report, in conclusion, stated that the board
felt that but one feeling would pervade the meeting
that they had used their utmost endeavours to
promote the prosperity of the association,
that great good had attended such exertion, the board
pledging themselves to unceasing endeavours, and
calling upon every member, whether in town or
country, to combine with them in rendering the Pro-
vident Clerks' Association one of the most useful in
the kingdom."
The reading of the report was received with re-
peated bursts of applause, that portion which stated
that " in 1847 the directors had issued 417 policies
for 84,750/., being the largest amount of business
done in any year since the formation of the associa-
tion," being received with prolonged applause.
The CHAIRMAN then went on to say, that it only
remained for him to move that the report which had
been read be received, adopted, printed, and circu-
lated, according to the discretion of the managers.
Before, however, he put the motion he expressed his
readiness to hear any observations which the members
might think proper to offer. No response having
wbe n made, he, after a pause, put the motion, and it
s-scarried unanimously.
Mr. Hoary then rose to submit the following mo-
tion for adoption :—" That the best thanks of this
meeting be presented to the Board of Management
for their attention and devotion to the interests of the
association, and that the sum of three hundred
pounds be awarded them, for their valuable cervices
during the past year." In doing so, be said that the
vastly increased amount of business that had been
transacted in the life department of the association,
during the last year, had much exceeded the very
sanguine expectations he had formed, and he was sure
the members would coincide with him, when he said
that the success which had attended that department
villa altogether beyond the expectations they had
formed, when they enrolled their names as members.
--(Cheers.) There could he no doubt that the suc-
cess of the institution was mainly owing to the great
exertions of the present managers, and to the gentle-
:nen who were instruzßental in establishing it.—
(Rear, hear.) He had intended to move that a
»greater amount of remuneration than that proposed ,

by him at their last meeting should be given to the
directors for their labours during the past year, for those
who looked at the quantity of business they had trans-
acted could not fail to be of opinion that they had
been called upon to give a greater amount of labour
and time to the institution than during the preceding
or any former year---(Cheers)—but finding that such
a proposition was contrary to the feelings ot the
managers, he had deferred to their opinion.--(Cheers.)
Mr. 11. B. REYNOLDS felt great pleasure in second,
ing thee proposition, and as they had a great deal of
business to transact, he would content himself by
saying that he a4reed most cordially in all that had
been said by his friend. He considered that the
report spoke far more truthfully and eloquently of the
merits of the directors than anything he could urge
oil their behalf—(Hear, hear.)
The proposition was carried unanimously.
The CHAIRMAN said—GeeeeleeeeN bn behalf of my-
-1 respectfully beg -to
self and my brother *e'ctas,
tender you our beat thanks for this additional mark of
your confidence. Gentlemen, as one of the erieleel
promoters of this association, I feel on this beeeeioni—
the seventh time we have yearly Met der-r--delighted
at seeing so much interest winced in the welfare- of
the association—(lleasehrl'everr day convinces me
that it is destined to become one of the greatest institu-
tions et" which this country can boast. Its ashen-
takes develop themselves more and more es it i‘re-
gresses. The experience a the past .yeer'zhows its
absolute necessity arid striking ireiportance. 2 2001.
have been paid to eleven farriSiles during that period ;
and it is highly prnie..hle that those families would
have bean left •et'itirely destitute—at any rate they
e7ould hair had to encounter much inconvenience and
tilitttss—if this institution had not been formed to aid
'diem—(heer.) It may now be said that the so•
ciety has placed them in a position et' comparative
comfort. I need hardly say that we feel the deepest
interest in the welfare of the institution, and that
no exertions, no amount of labour on our parts, is
wanting ;to promote its increased success.—(Hear.)
IMn sure I am uttering the sentiments of those
about me when I say that it is impossible for anybody
of men to have a greater desire to promote the inte-
rests of any institution than those gentlemen have to
promote the increased prosperity of the Provident
Clerks' Association.—(Hear.) No body of men
could feel greater interest in its welfare, or put for-
ward greater exertions to promote that end, than they
do.—(Cheers.) You, of course, can aid us very
much, as the report has mentioned ; every one, how-
ever humble, can do something to promote so good a
work.
i Let it be borne in mind that individual exer-
tions increase our aggregate strength, and that in
promoting the objects of the institution by the intro-
duction of new members, you are benefiting your-
selves as well as your friends.—(Cheers.) You have
recently been informed, by advertisement and circular,
that four directors, whose term of office has expired,
offer themselves for re-election. The expiration of
the term of office of a similar number takes place
every year, and a very wholesome provision I consider
it to be. The names of the gentlemen who retire and
offer themselves for re-election are Mr. John James
Iselin, Mr. William Jeremiah Jordan, Mr. William
Maitland, and Mr. W. S. Sawtell. The gentlemen
who offer themselves for election are Mr.
John Parry, of the house of Messrs. Fletcher,
Alexander, and Co., and Mr. Charles Reed, of the
firm of Tyler and Reed, printers. Now, unless
both these gentlemen retire, there is no alternative
but to proceed to a ballot. (After a short pause)—l
merely waited to know whether the " silence" of
these gentlemen " gives consent." Assuming, then,
that they intend to go to the ballot, I think it my
duty to state, on behalf of the gentlemen with whom
I have co-operated so long, that they are every way,
in my opinion, entitled to your confidence.—
(Cheers). I think it right to state thus much for
the information of those who have taken an active
part in the opposition which is about to be offered to
their re-election. You have, by your recent vote,
approved of our past proceedings, and unless some
good cause can be shown for removing those gentle-
men from the board who have worked well I confess
I really cannot see what object will be gained by
those who oppose them. I trust my word will be
taken ; I know several gentlemen here; I have known
them long ; and they will not believe that I would
speak thus of my colleagues if I considered that they
did not deserve the eulogy I have passed upon them.
I feel I am but discharging a duty I owe them when
I say that the gentlemen with whom I have co-
operated so long and so satisfactorily, and without
the slightest manifestation of dissension, are worthy
of your confidence, but at the same time it is for you to
exercise your judgments with respect to them, and to
decide whether you will give your confidence to them or
to the gentlemen who will be proposed to•night.
Each gentleman will be nominated, and each pro-
poser and seconder will have an opportunity of stating
the merits of each candidate, and it will then be for
you to judge, as I have said, who are the most fitting
to be elected managers. I have great pleasure in
taking the lead by proposing the re-election of INIr.
J. J. Iselin.

Mr. JEEPS proposed the re-election of his friend Mr.
Sawtell, and said he did so with a great deal of plea •
sure, because he had devoted a great deal of his time
to the promotion of the interests of the institution, and
was well conversant with its working, and he need
not tell the meeting that time was required for the
mastering of its details. He was sure that the energy
he had used in the past would be put forth with in-
creased energy in the future, if they were pleased to
re-elect him.
Mr. NISSEN seconded the motion.
Mr. COLSMAN wished to offer a few observations to
the meeting. They had arrived at that period of the
business when the gentlemen who wished to propose
a new candidate must either elect to proceed or stay
their proceedings, and when the gentleman already
nominated and seconded might, by a withdrawal of
the new candidates, be elected without opposition.—
(Hear, hear.) After the way in which the nomina-
tion of the old managers had been received, it was
obvious that they would be re-elected; ke, therefore,
advised the new candidates to withdraw their preten-
sions. If there was a stimulus wanting to induce them
to re -elect the gentlemen so proposed, it west° be found
in the report. That, he considered, was a sufficient
reason why they should all be re-elected. If they
had prospered well for six or seven years, and
found that each year the number of policies
and the amount assured had increased—if the past
offered anything like a guide of what would be done
in the future, as he, considered it did, then was he
justified in sayimg that these gentlemen had done
their duty, and that they, as Englishmen, ought to
invest them with new authority to carry out to a still
greater extent the grand objects which the institution
had in view.—(Hear.) He was confident he was ad-
dressing an intelligent body of men, who well under-
stood
and appreciated the high motives by which they
were actuated; and, looking at the success which had
heretofore attended the institution, he considered that
they ought to give these gentlemen a renewed certi-
ficate of their confidence in them.—(Cheers.)
Mr RICHARD BELL thought that after the speech of
the gentleman who had just resumed his seat it would
have been as well if the new candidates had at once
signified their intention of withdrawing their opposi-
tion.—(Hear, hear.) He quite agreed with the rules
of the society, which enabled those gentlemen to come
forward upon the present occasion, but if those rules
were annually to be called into play, the effect would
be most ridiculous, and highly injurious to the in-
terests of the institution. In some of the committees
of the corporation of London, upon occasions when
they have any important work to do, which would be
interrupted by the returning of some of the members
by rotation, they frequently make the chairman per-
manent; the consequence was that the new
in-coming members get into such a habit of deferring
to the chairman on account of his supposed expe-
rience, that it becomes a confirmed habit with them,
and an undue influence is thereby possessed by the
chairman. No injurious effects would, however,
follow to this institution by making the chairman
permanent, because, were the officers to be changed
every year, they would have the chairman and some
of the directors, instead of giving instructions to the
clerks and subordinate officers, receiving instructions
themselves from these parties. He really thought it
a most preposterous thing to be continually electing
inexperienced persons as directors of the institution,
and if such were done he, for one, should have con-
siderably less confidence in the institution than he
already possessed. He had effected an assurance
with the society, but would not have done so had he
believed that the constitution of the board would be
liable to continual changes. He knew nothing at all
of the new eandidates ; he believed they were per-
fectly honourable men ; but he thought it was the
duty of the meeting to endeavour to protect their
own interests, and he did not know how that
could be accomplished better than by securing the
services of those gentlemen who had already
proved themselves good and worthy men, and able to
promote the prosperity of the institution.—(Hear,
hear.) The rule ought, in his opinion, to be a dead
letter so long as it was not necessary to apply it to
any individual of the board who by his conduct might
have become obnoxious to the institution or to society
generally ; bat so long as those gentlemen entitled
themselves by their conduct to the thanks of the
society, it was advisable that they should not be re-
moved from their seats at the board.—(Hear, hear.)
Mr. H.B. REYNOLDS had been connected with the
society from its commencement, and it was with deep
regret that he now saw two new candidates offer
themselves for election when there was no vacancy
existing, for they could only succeed at the expense
of two tried and trustworthy servants—(Hear)---
he thought that they would be showing a want of
justice, or at least a want of courtesy. Such conduct
would have a bad effect upon the board of manage-
ment. Any person that the meeting might send up
to the board would no doubt be received with the
right hand of fellowship, but it would be a source of
regret to them if they were dismissed without any
fault of their own. Ile did not think it would be in
human nature if it were otherwise. Their directors
were in some sense their servants, and there was a vast
difference, as many present knew, between serving a
grateful and an ungrateful master. There would be
no doubt the same conscientious discharge of duties,
but the heart !would not b in the work.—(Hear.)
He did not know a better way of throwing a wet
blanket over the concern than by dismissing those
persons who had hitherto performed their work well.
—(Hear, hear.) He thought, therefore, that if those
gentlemen who were candidates would withdraw, that
act would create a strong claim in their behalf when-
ever any vacancy might occur at a future period.
Mr. H. K. SMITHERS said that the meeting appeared
to be fighting a mere shadow. No person in his
senses could suppose for a moment that either of
these gentlemen would be elected. The meeting
seemed to think that some wonderful danger was
hanging over the institution. He for one was not so
frightened of the result, and had no doubt that the
meeting would warmly support the four gentlemen
whose names were before the meeting for re-
election.—(Cheers.)
Mr. CHARLES READ said that he was one of the
candidates, but that he was not one of the " opposi-
tion." He was before the meeting as a candidate
from very different feelings to that of opposition.—
(Hear, hear.) When he proposed his name, at the
solicitation of several members of the institution, it
was simply because he thought that at that
time a vacancy had occurred in the election
in consequence of the death of the late
lamented Mr. Lloyd. He did not therefore agree
with the gentlemen who had termed this a factious
opposition, and urged the necessity of nipping the
monster in the bud in order to prevent the institution
from suffering. He believed that the success of the
institution rested upon a much more secure basis than
the efforts of those gentlemen who had hitherto ably
performed their duties as directors.—(Hear, hear.)
He had a full confidence in the -direction as a body,
but he thought it was a wholesome regulation that
when any member of the direction retired there
pashtleonueliA should be e
Nsroamgtineolialatlin p
pauseo before his re-election took
similar to
Institution,
to this vi'asadopatnd
adopted
it was found to ; work well. (Hear, hear.)
He deprecated any system which tended to detract
from the honour or merit of any men, or which said
" we are better and ye are worse," or supposed that
the gentlemen on that side of the green baize were
better than those who sat with him upon the benches.
They were all honourable men—(Hear, hear)—and
they were all determined to establish the institution
upon a secure and widely extended basis.—(Hear,
hear.) He thought that the operations of the insti
tutioe sei,e,,lit be vtry considerably' extended in the
provinces. By restricting the system nothing was
gained; they must endeavour to be catholic in their

Mr. ISELIN would have abstained from addressing
the meeting on the present occasion had it not been
for the observations offered by one of the new can-
didates, Mr. Reed, viz., that the board of manage-
ment were sitting as an aristocratic body on one
side of the green table, as contrasted with the body
of the members then assembled. Mr. Iselin, on this
occasion, took leave to assure Mr. Reed, that if he
imagined that such observations would tell upon
that meeting, he had greatly underrated the quality
and intelligence of the audience he was addressing.
Mr. J. J. ISELIN said that he believed the rule to
be in general a healthy one, and he thought that the
meeting ought to make a bona fide use of it, provided
however, they had sufficient reason for so doing.
Now the reasons which had been given were some-
thing like this—the present directors were like the old
spider, their web was wrought out and they were of no
further use. He did not think that such was the case.
He did not approve of the law which had been referred
to as being in operation in the National Provident
Society. He believed that rule rendered it compul-
sory upon two of the directors to go out and remain
out for one year. When the directors were well up
in their work, the interruption of one year would be
most fatal to the interests of the institution. He
fully acquiesced in the right of every institution to
turn any man out of the direction who had wrought
himself out, or who was negligent of the duties he
owed to the concern.—(Hear, hear.) He never sat
among a more united or more zealous body of men
than the present directors. There was a perfect
unanimity of feeling among them ; and if any dif-
ferences did arise between them, they were adjusted
with a celerity which he never saw equalled, and
which, he was sure, could not be surpassed.
Mr. Reed had alluded to the extension of the institu-
tion to the provinces. He (Mr. Iselin) hoped the
time would soon come when Mr. Ree d might become
the cultivator of the provinces. The directors
had already, by deputation, visited those fields of en-
terprise, and if they had not succeeded to the full ex-
tent of their wishes, it was because distant manage-
ment was not equal to local management. Vast fields
also required vast capital, and he thought that the
meeting would excuse the directors for declining to
commence more than they were able to compass.—
(Hear, hear.) He did:not think that anything could
exceed the zeal of those four gentlemen who go out.—
(Hear, hear.) If the meeting were resolved to turn
any Of them out he begged of them to turn him
out, as he was the least useful of any of the mem-
bers of the board. He was, however, not the least
zealous of the board. He did not make use of the
term opposition in any offensive manner.—(Hear.)
He thought the distant prospect of the vast fields of
enterprise which, as if by enchantment, had been
opened out before the eyes of the meeting, which
could not be realised because of the want of the ne-
cessary funds, was a mere chimera ; and if no better
reasons could be found for the present opposition he
thought it was brought forward upon very insufficient
grounds.—(Hear.)
The following gentlemen were then appointed
scrutineers on the part of the board :—Messrs. J.
Clark, J. Smith, W. Brown, R. Bell, and H. B. Rey-
nolds ; and on the part of the meeting, Messrs. Lar-
mond, Primet, Smithers, Howden, and Bower.
While the preparations were being made for taking
the ballot,

The CHAIRMAN then declared the four first gentle-
men to be re-elected managers of the institution,
amid much cheering.
Mr. J. J. ISELIN then rose to address the meet-
ing, and was received with considerable cheer-
ing. He had been requested by his three bro-
ther managers to return thanks to those pre-
sent for the honour they had done them
in re-electing them managers of their valuable insti-
tution, and in so doing he must confess that neither
they or he regretted the discussion that had taken
place.—(Cheers.) Although they did regret the in-
convenience and loss of time that had arisen in con-
sequence of opposition that had taken place, at the
same time he trusted that the observations he made
would not be construed into imputing any vindictive
or improper motives to those from whom the opposition
emanated.—(Cheers.) He was bound to admit that
the new candidates had explained with great fair-
ness the grounds on which they had come
forward—(llear, hear, and cheers) —and after that
explanation no person could for one moment suppose
that any offence was intended to any one.—(Cheers.)
On the part of the three gentlemen and himself, who
had been re-elected managers, he had no hesitation in
saying that they were all satisfied no offence was in-
tended to them—(Cheers)—but at the same time they
could not but feel that those gentlemen who had come
forward that evening, strangers as they were, bad
done so under rather peculiar circumstances.—
(Cheers.) Mr. Reed had only lately joined the
institution. He (i\ir. Iselin) hoped that he would long
remain a member of it, as he was sure, from his
statements that night, he would be a valuable one.—
(Cheers.) With respect to Mr. Parry, he understood
that he had been connected with the association for a
much longer time. Now, with respect to that gen-
tleman, it appeared to him that he, being the suc-
cessor of their late lamented and respected vice-
chairman, Mr. Lloyd, in the office in which he had
been employed, that he had been informed by some of
the gentlemen connected with the association, that
if he only got himself elected as a manager, that he
would be on the high road to fill the office in that
institution which the late Mr. Lloyd had done, and
that, in short, like the pupil of the prophet of old, the
mantle of Elijah might fall upon Elisha.—(Cheers
and laughter.) Now, it had been said that the chief
object in proposing the two new candidates for the
management was to infuse new blood into it; that
object was most commendable when necessary,
but he could assure those who enter-
tained such an opinion, that their fears
were wholly groundless, as by the immutable course
of events great changes were continually taking place
in every institution, and not less at the board of
management of that than any other.—(Cheers.) As
an instance of that, and in order to show that new
blood was continually being infused into their board
of management, he might state that during the course
of the last year two gentlemen had been added to
their board of management—Mr. Lintott and Mr.
Dawson—and four gentlemen the year before ;
so that at all events five new members had
been elected to the board of management within
the last two years.—(Hear, and cheers.) He
mentioned this in order to show that the fears of those
who thought their board of management was always
the same were groundless—(Cheers)----and they might
depend upon it that the board of management of that
association would never be anything like a standing
aristocracy—(Cheers)—therefore whatever jealousies
might exist they might depend upon it the very force of
circumstances would always give them an opportu-
nity of having a board of management, happy, willing,
and ready to do everything in their power to further
the interests and objects of the association.—(Cheers.)
In conclusion, he begged, on behalf Mr. Jordan, Mr.
Maitland, Mr. Sawtell, and himself, to return all
present their best thanks for the honour they had
done them in re-electing them on the board of manage-
ment, and at the same time to compliment
the gentlemen who had been opposed to them
on the extreme moderation of their opposition, and
the fair, open, and candid manner in which they had
explained their reasons for coming forward.
Mr. CHARLES READ trusted the meeting would
pardon him for making a few observations.—(Cheers )
He exceedingly regretted the steps that had been
taken on his behalf. He felt grateful to the 26
gentlemen who had voted in his favour, and could
assure them that he felt honoured, though astonished,
at 26 votes being recorded on his behalf. He trusted
all present would accept of his best thanks. He had
prcposed himself as a candidate under error, and he
was sorry for it.—(Cheers.) He had not as yet heard
why a vacancy hadinot been declared ; perhaps some
gentleman would be good enough to enlighten him
upon that point. He was proud and happy in be-
longing to the society. He trusted that he should
continue to do so for many years to come, and that
the expiration of every twelvemonth would show its
increasing prosperity.—(Cheers.)
Mr. Jr. W. WeLCH, the deputy-chairman, thought
that it perhaps might be more delicate towards the
Chairman, if he explained why a vacancy in the
board of management had not been announced. Last
year that board was placed in a most curious pOsition.
He alluded to the illness of no less than three of its
members, of which he was one ; he was laid upon a
bed of sickness, and in such a state as to render it
very improbable that he would ever be able to resume
his seat at the board again. Another member, Mr.
Maitland, was in a similar position ; and Mrnsloyd,
whom, he regretted to say, they had had since
lost, was in a very delicate state of health.
It was to provide against this contingency that it was
thought advisable to propose two to the board, as it
could not be told what might happen. It was his happy
lof to be enabled to say that he had perfectly reco-
vered, but since then they had lost Mr. Lloyd, and
it had not been deemed necessary to fill up his place.
—(Cheers.) It was, to the best of his belief, the
reason why no vacancy had been announced.
Mr. THOMAS (the late Chairman of the Associa-
tion) rose, with great pleasure, to move a vote of
thanks to the present Chairman for the able manner
in which he had conducted the proeeedings of the
evening, and for the general attention he had paid to
the interests of the institution.—(Cheers.) He had
worked with that gentleman for some time, and was
convinced of his anxiety on all occasions to do his
best for the interests of the society. Although he
(Mr. Thomas) was not now the chairman, he was as
anxious as when he:was so for the interests of institu-
tion and if it was in his power to promote the benefit
of the association he should be most happy
to do so.—(Cheers.) He wished to see the benevo-
lent fund placed upon a better footing. He thought
it required some change to make it more attractive
to clerks and the public generally, more especially to
those whose lives were not assured. He thought it
could be altered so as to make more certain provision
than it did at present. He trusted that the board of
management would hereafter take the subject into
their consideration, and if they did he was in hope
the day was not far distant when they would see the
fund large and effective.—(Cheers.) The worthy
gentleman concluded by moving the cordial thanks
of the meeting to the chairman.
The motion having been seconded, put, and de-
clared to be carried, amid much cheering,
The CHAIRMAN rose to return thanks. With re-
spect to the observations of Mr. Thomas, he could
assure him that the board of management had always
solicited suggestions from the members of the asso-
ciation, and they would be most happy to
receive any from Mr. Thomas, and, if possible,
adopt them.—(Cheers.) If that gentlemen would
only forward to the Board of Management his views
he could assure him of the Freatest attention being
paid to them.—(Cheers.) they would likewise be
most happy to receive any suggestion or plans from
any other gentleman.—(Cheers.) They had all one
common object in view, and that was the interests of
the association. The worthy chairman concluded by
returning his sincere thanks for the honour that had
been done him.
Mr. liownsx said before the meeting sepa-
rated, they had another pleasing duty to perform to
one to whom they were all indebted for the kindness,
urbanity, and willingness he always displayed in giv-
ing information to the members of the association,
and to whose exertions they weregreatly indebted for
the success of the institution.—(Cheers.) He alluded
to their worthy secretary, Dr. Mullinder.—(Cheers.)
He thought all would agree with him that they ought
'not to separate without carrying unanimously a vote
of thanks to the worthy Doctor for his strenuous ex-
ertions in their behalf.—(Cheers.)
The resolution being seconded,
The CHAIRMAN put the question amid much cheer-
ing, and declared it to be carried unanimously.
Dr. MULLINDER rose to return thanks, and in
doing so was greatly cheered. It was not his inten-
tion to trespass for more than a minute or two upon
their time at that late hour.. He would only say that
he believed it to be one of the proudest moments of a
man's life, placed in the situation in which he was,
on coming personally into contact with his fellow-
members, to find that he had secured, not only their
respect and esteem, but their friendship.—(Cheers.)
He believed he had done his duty to the best of his
ability, and had been at all times ready and willing
to give to every member requiring it all the informa•
tion in his power. He was delighted at the success,
the continued and increasing success, of the institu-
tion, not only in London but in the provinces.—
(Cheers..) They had sent the glad tidings of the
I benefits of the association to Liverpool, to Manches-
ter, to Birmingham, to Bristol, and to Coventry, and
be could assure them that the bearers of those tidings
had in areiy instance been Waved with open arms, a

A.lblon .... • • • • • • • • • •
Alliance Brit. and For.

31.109.
6 per cent.
61. per cent, li
13s. 6d. pr sh.
7s. per share
51. per cent.
31.

A e. d.
500 0 0
100 0 0
100 0 0
50 0 0
50 0 0
100 0 0
100 0 0
50 0 0
50 0 0
50 0 0
20 0 0
4 0 0
20 0 0

Ditto Marine. • • • • • •
Nati ... • • • • • • ..... • •
British Commercial ••
Ciericl,Med.& Gen• Life
Caunty .• • . • • • • • • • • • •
eagle .. • • . ..... • • • •
Eng.& Scot. Law • • ••
European Life ••• • • •
Family Endowmr t Soc.
k'reemasons' . • • • • • • • •
Giote
Guardian • • . • • • • • • • • •
!lupe:jai Fire • • • • • • • •
imperial Life .• • • • • • •
indemnity Marine • • • •
Law Fire • • • • • • • • • • • •
Law Life— ••
Legal and General Life
L.7r,dc.n Fire • • • •
London Ship •.••. • • •
Med. Invlld&Gen•Life
National Leaa Fund•.
National Life• • • • • • .• •
Palladium Lite • • •
..Phoenix
otector Life

51. per cent.
5}6 per cent.

if. &
51. per cent.
61. per cent.
51. per cent.
12 per ccnt.

11. sh. & ha,

11. Ss.

14%1. per ct.
51. per cent.
81. per cent.
51. per cent.

41. p. ct. & bs.
51. per cent.
11. 55.
45.
Si. per cent.
61. 10s.
11. 65.
10%1. pr cnt.'

rc.videntLife•• ••.• ••
Rock Life.. •••• •• ••
itoyal Exchange
auu Fire••

Ditto Life
Universal Life
Victoria Life .

Stock.
100 0 0
1500 0 0
100 0 0
100 0 0
160 0 0
100 0 0
50 0 0
25 0 0
25 0 0
100 0 0
50 0 0
20 0 0
100 0 0
50 0 0

20 0 0
100 0 0
5 0 0
bteck.

100 0 0

.£ a. d.
50 0 0
11 0 0
5 0 0
5 6 8
5 0 0
10 0 0
10 0 0
6 0 0
5 6 0
2 12 6
All paid.
4 0 0
3 0 0

36 10 0
50 0 0
10 0 0
5 13 1
2 10 0
10 0 0
2 0 0
12 10 0
12 10 0
15 0 0
2 0 0
2 10 0
5 0 0
2 0 0

British • • •• .... ......

Ditto Provincial.. • •
Bristol • • • •• • • • • • • ••
Brighton • • •• ...• • • ..
City of London .. • • ••
CentinentalConsolidat.

Mr. PAIMETT seconded the motion.
Mr. BELL enquired the qualification necessary to be
possessed by those seeking election as managers ?
The CHAIRMAN replied that an assurance for 3001.
and the payment of 11. Is. annually to the benevolent
fund, was the qualification required.
Mr. BELL inquired if these conditions had been
complied with in all cases ?

Ditto, New .......•
Equitable.... • ... ••
Imperial
Independent •......••
London • .... • • .• • • • •

85.
101. per cent.
51. per cent.
101.
A2s. pr share
15s. pr share
ass. pr share
6/. per cent.
61. per cent.
2 /. pr cent.
61. per cent.
Si. per cent.
51. and bus.
4%/. pr cent.
3/,
12s.

JC. e. d.
40 0
20 0 0
20 0 0
20 0 0
100 0 0
50 0 0
NI 0 0
50 0 0
50 0 0
40 0 0
50 0 0
60 0 0
50 0 0
100 0 0
50 0 0
60 0 (
LO 0 0

1 0 0
10 0 0
0 10 9

Price

64,
2 ad

120
214
14%

4%

Paid. Price.
i

A. s. d.

The CHAIRMAN replied that the managers had in
every case complied with this provision.
Mr. BELL wished to know if the same observation
would apply to the new candidates ?
The CHAIRMAN said it did.

Mr. BELL said he was opposed to this provision,
and wished to avail himself of every opportunity that
presented itself of opposing it. He wished to know
distinctly if each of the new candidates was assured
for 3001. and paid 1/. ls. a year to the benevolent
fund ?

The CHAIRMAN replied that one of the gentlemen
bad been an assurer for some time. Mr. Reed had
become a member since last September, and had paid
but one quarterly instalment of the premium upon his
share.—(Cries of " Oh, oh l")
Mr. J. W. WELCH (the Deputy-Chairman) said,
before he proposed the re-election of the gentleman
who stoodliext on the list (Mr. W. J. Jordan), he
wished to say a few words with respect to the elec-
tion. He quite agreed with the observations of the
Chairman, that they possessed a wholesome power of
control over the Board of Management, because they
‘‘ ere thereby enabled to dispossess any member of
that board who had improperly performed his duties,
when his term of office periodically expired. The
Provident Clerks' Association was an institution that
required from its managers a great degree of
attention ; it was necessary that they should possess
mature experience, and, in short, it was an institution
which required the devotion of more time on the part
of the managers to it than was ordinarily required in
the management of life assurance offices, because they
were aware that the labours incidental to a benevo-
lent fund were combined with those of an ordinary
life assurance office.---(Hear.) He could, therefore,
reiterate, in the strongest terms, the statement of the
Chairman, that every gentleman who had a seat at
the board had done his duty, and promoted the in-
terests of the association to the best of his ability.—
He was not at all aware of the nature of the opposi-
tion intended to be offered to the re-election
of the four gentlemen whose names had
been mentioned. (Loud cheers.) The only
ground he had heard stated for the election of the two
new candidates was the necessity of infusing fresh
blood into the constitution of the board.—(Cheers and
counter-cheers.) That was, he admitted, a very
wholesome principle, if the constitution of the board
was unhealthy—(Loud cheers)—if the blood did not
circulate freely, it might be necessary to infuse new
blood ; but, standing there as one of the managers,
he declared—and he challenged any one to deny the
statement—that the blood had circulated freely, and
that the constitution of the body was healthy. He
looked round him, and beholding the new members—
the new blood infused at the last election—he con-
fessed he had yet to learn why any opposition had
been got up to the gentlemen now about to retire,
but who, in accordance with the ordinary custom,
offered themselves for re-election.—(Hear, hear.)
The power they possessed was wholesome and ealtt-
tary, because they were enabled to put a check on the
further proceedings of those who had done wrong;
and if there was no charge against these four gentle-
men, the exercise of the power they possessed on this
occasion was injudicious, inasmuch as such a proceed-
ing was eminently calculated to cause confusion in
their affairs.—(llear, hear.) He was addressing
himself to a body of gentlemen connected.with the com-
merce of the country, and he would explain his view
of the matter by a plain illustration. If the junior
partners in a house' of extensive business were
removed at the expiration of one or two years, and if
the clerks were changed every year or second year,
what he would ask would be the state of the affairs of
that establishment ? Why it was obvious that the
business would by these frequent changes have got
into a state of the utmost confusion, as it required
time to enable a man to become acquainted with the
details and the practice of an office.—(Hear, hear.)
The illustration applied with still greater force to an
institution like this, as time was required to enable
those elected to the management to learn its details,
its nature, and its character ; and if they were to be
removed after acquiring this information, or as soon
as they acquired it, the interests of the institution
could not thereby fail to suffer.—(Cheers.) He had
not the pleasure of being acquainted with either of the
candidates; therefore in the observations he had made
he trusted they would recollect he had only spoken as
his duty to the institution dictated. The members of
the National Provident Institution passed a resolution
twelve months ego to the effect that a certain number
of the old uotungttrz.riouLl reziro that
they would not be eligible for re-election for some time;
but so objectionable had the rule been found, that a

Mr. WELSH said that the institution was deeply
indebted to the medical officers for their skill in the
examination of the various applicants. To the local
agents they were also much indebted. He had great
pleasure in speaking of their zeal ; they appeared to
have the benefit of the association at heart. One of
the agents, Mr. 111'Lea, of Liverpool had sent up that
morning four proposals, for the sum of 1,3001. They
were also indebted to the labours of their excellent ac-
tuary, Mr. Rattray, and to the solicitors of the society.
He had therefore great pleasure in moving—" That the
moat cordial thanks of this meeting be presented to
the medical officers, both in London and the provinces,
to the local agents and committee, to the consulting
actuary and the honorary solicitors, for their valuable
services during the past year."
Mr. JORDAN seconded the resolution, which was
unanimously agreed to.
Dr. MumanDsa, the Secretary, then said that he
rose with considerable pleasure on the present occa-
sion, for a twofold reason ; first, because this was the
first day that the Provident Clerks' Association had
emerged from its apprenticeship —they had completed
their seventh year; secondly, because this was the
anniversary of
the birthday of one of the most bril-
liant stars that ever trod this earth—a man noted not
only for his scientific attainments, but also for his
philanthropy, He alluded to Dr.' Franklin, the
that question, he thought he could trust himself with
father of the psess_,. and as his resolution bore upon
that little exordium.--(Cheers.) The press had
stirred up the best sympathies of man, and pointed
them to a refuge and a harbour of safety.—(Hear.)
And he knew of no better harbour or safer refuge
than the Provident Clerks' Association. He did
not say the press had merely stimulated and urged
many to join their association, but he was proud to see
before him members of the fourth estate, not only in
London but in the provinces, who were then provident
clerks themselves, who assured with them, and went
hand and heart with their operations.—(B ear, hear.)
In their travels through the provinces they had many
opportunities of meeting with gentlemen connected
with the local press who had afforded them the most
atssfactotorwyhaosms assistance, and
gratitude
was he thought that they would
be only doing their duty by rendering gratitude to
satisfactory
most certainly due.—
(Hear.) He would, therefore, beg to move—" That
the best thanks of this meeting be presented to the
gentlemen of the press, both London and provincial,
for their continued able advocacy and support during
the past year." That the press had accomplished
much they must all admit, and he only wished that
the press would make the few lines that he was about
to read to them as universal, as it was a perfect picture
of a man trusting to his own exertions, and a man
trusting to casual and eleemosinary charity. The
extract he was about to read was front the "Life As-
surance Almanac."

THE WIDOW AND ORPHAN'S FRIEND.
4,1/nen God remoVed Papa to Heaven,
And Ma was left to strive for seven,
With scarce enough for burial fees,
(So lingering was poor Pa's disease)
Though full of grief, We'd no despair,
Relations spoke so kind and fair.
Our Grandpa said that he for one
Would think and see what could ho done;
Our Uncle William and our Aunt
Hoped we would not come to want;
But Mother's brothers talked the best,
A great deal kinder than the rest.
They said that home they'd take us all,
Only their rooms were few and small;
We'd promises from Uncle Page,
To push us forward when of age.
They then went home; but stop, I miss—
They gave us every one a kiss.
And said, be good and mind Mamma,
And we will be to yuu Papa,
SG much engaged, were they at home,
For many weeks they could not come
Until they heard 'Mamma had found
A writing for five hundred pound,
Which some Insurance-office paid.
So Ma commenced a genteel trade--
And then they came—it seemed so funny—
To beg Mamma to lend them money.
rut Ma said no, if you are poor,
A trifle will your life insure ;
And then the office (our best friet.d)
Whenever your good life shall c.d,
Will comfort to your orphans send."
Seconded by Mr. LINTOTT, and carried unani-
mously.
The meeting then proceeded to the election of four
managers, in room of Mr. J. J. 14;-1:7;, zir. W. J.
Jordan, Mr. W. Maitland, and Mr. W. S. Sawtell,
who went out of office by rotatipn. The ballot having
been concluded,

Phcenix ....... • • • • ..
Ratcliff •.• • . .
United General •• •• • •
WedtminaterCkartered
Ditto, New •• •• - • ..

►a o o ! 17 4,
19 I 0 t 23%

too 0 e ' 290
39 5 0 54
37 10 0 51ry
50 0 0
50 0 0 803 v
40 0 0 64
60 0 0 -
50 0 0 -
45 0 0 35
140 0 0 80
60 0 0 . 17

.554,ixd
10 0 0 ! 11%

LIST OF SCOTTISH COMPANIES' PRICES.
_ -
Dividend Amount
Name of Company. per of Paid. Price.
Annum. Share.
---- -
X s. d. £ s. d
Bank of Scotland
British Linen Company 81. per cent. 100 0 0 100 0 0 201
Caledonian Bank •• .•• 81. per sent. 10 0 0 210 0 4
City of Glasgow Bank . 61. per cent. 10 0 0 10 0 0 114
Clydesdale Bank •• • •
Commercial Bank •• • • 71. per cent. 500 0 0 100 0 0 1553 p
Eastern Bank .... •• • • 61. per cent. 25 u 0 10 0 C 109
Edinb.& Glasgow Bank Si. per cent. 5 0 0 5 0 0 51178
Exchange link of Scot 6l. per cent. 100 0 0 50 0 0 484
Isle of Man. Company 71. per cent. 10 0 0 70 0 81.
National Bank 6l. per cent. 50 0 0 10 0 0 12%
Northof Scotland Bank 71. percent. 20 0 0 5 0 0 1l
North British Bank .• • - 50 0 0 10 0 0 614
Royalltank of Scotland 61. per cent. 100 0 0 100 0 0 143
Unionliank of Scotland 81. per cent. 100 0 0 50 0 0 • 8414
Western Bank ••• • •
berleen Fire and Life 121. per cent. 12 10 0 2 0 0 815.6.1.
•Accord. Life and Fire - 20 0 0 011 0 9s.
British Guarantee Ins. - 10 0 0 1 0 0 9s. 6d.
Caledonian Fire Insur. 101. per cent. 100 0 0 10 0 0 22%
Church of Eng and Ins. - 50 0 0 2 0 0 2
City of Glasgow Life 5l. per cent. 25 0 0 2 0 0 21. 8s
Edinburgh Life Insur 5l. per cent. 100 0 0 12 10 0 174
East of Sc.-Aland Life - 10 0 0 015 0 12s.
Eng. & Scot, Law Life 51. per cent. 50 0 0 217 6 241,
Hercules Insurance Co. 71. per cent. 100 0 0 10 0 0 liN
Incur. Co. of Seetind•• Si. per cent. 100 0 0 10 0 0 7
Life Assoc. of Scotland 51. per cent. 10 0 0 1 0 0 11 5>
Mercantile Life - 10 0 0 010 0 Bs.
National Fire and Life Si. per cent. /0 0 0 1 0 0 246.
North British Incur. •• 54 /. pr cent. 200 0 0 20 0 0 23
North & West of Soot. - 10 0 0 1 0 0 11. la
Scottish Life and c-luar. - 20 0 0 0 11 0 %
Scot. Mac. and Gen. Life Si. per cent. 1 0 0 015 0 13a. 60
Scottish Union Insrncs. 6V. pr cent. 20 0 0 1 0 0 11. la
Stan lard Life
United Dep. Assurance 51. per cent. 10 0 0 1 0 0 12s.
DOCXS. '
Dividender o
Amountf
p Name of Company. red. Price.
Annum. Share.
------ --
- ----
x a. d. X I- d•
- 70
ummercial .• •• ..... 41. per cent. Stock. -
East and West India... 61. yr cent. Stock.
East Country - 20
-
London -••••• • • • • • • Si. pr cent. Stock.
Ditto Bonds •••• •• • • 41. per cent. - - -
C. K &Marine ••••• • . • 5 per cent. Stock. - 81xd
Ditto BondS •• • • - - -
outbnmpton •• • • .... 21. per cent. 50 0 0 50 0 0 i 22
WATER-WORKS.
•
1 Dividend Amount
Name of Company. 1 per of Paid, Price.
Annum. Share.
• --- -- - X
s. d. X 5. d. ----
Birmingham. •• • • •• •• I
185. 25 0 0 25 0 0 -
East London..• • • • •• • • 81. 100
13 40 0 - 166xcl
Grand Junction ••• • • • 2/. 1
3/. 100 os. 41 0
0 B2
Kent • • ..... • • • • • • • " - 84
Jew Rivr Lndu Brdge 21. 108. 5B
Vauxhall .• ••••- • • .. i 100 0 0
- 104
West Middlesex • . . 51.15s.prent. 63 12 9 118
-
BRIDGES
Dividend Amount
Name of Company. per of Paid. Price
1d..A..nn.•..C:187. 11. ss. 4d.
Annum.
X.Shsa.red.. £. s. d.
8:----oaluIntight etwrorfilcrd. Nw .dvr. :tituo. be..
fA.
7;1... - - - -
- 632 12 $ - 234
Ditto Nw of 7% p.c. 355. per cent. 50 0 0
100 0 0 - Di
-
71.25.2 d- 5%
VauxhallDitto Waterloo
-
Av. 1/. 16s. 70 1-0 0 60 0 0 28
40 0 0 26
- 28
MISCELLANEOUS.
Dividend Amount
Name of Company. per Paid. Price.
Annum. Share.of
£.s. d. 'X. s. d.
Australian Agrlculturl - 100 0 0 30 0 0 -
Anglo-Mexlcan Mint., 11. 48. 10 0 0 !10 0 0 -
Ditto, Half Shares.. - - ' 210 0 --
Canada ............. W. per cent. 100 0 0,32 10 0 -
Uppr Canada Bonds 51. per:cant. -1: - --
City Bonds.. .... - - -
Comp. Cppr Mars Eng. 51. per cent. 100 0 0 70 0 0 -
Oen, Revers. & Invest. sp. c.& bs, 2/ 100 0 0 100 0 5 100
Equitable iteversienry 434 1. pr cent. 100 0 0 95 0 0 90
Gea. Steam Navigation 11. Bs. 15 0 0 14 0 0
London Institution . • • - - - P
Peninslr & Orient.Stm. 21. per cent. 50 0 0 80 0 0 094
Reversionary Int. Soc. 3341. pr cent. 100 0 0 1100 0 0 45
Royal Mail Steam •• • • 3341. pr cent. -
South Australian -
Van Dieman's Land , - 100 e 0 23 0 0 4
Universal Salvage• •• • - 25 0 0 50 0 -

---
INDSOR, TUESDAY EVENING.--Her Majesty and
the Prince Consort took early walking exercise this
morning, accompanied by the Prince of Wales and the
Princess RoyaL In the afternoon her Majesty and the
Prince Consort again walked out, and visited the Royal
Mews, to inspect the preparations now making for
sculpturing the inscriptions and devices intended to be
placed over the entrances of the ♦arious departments of
that noble bnilclir.g., and which were h.ft unfi?i,h(zl by
the late Sir Jeffry Wyatville, the architect, at the time
of its erection.

M. de Lamartine, having recovered from kis late
indisposition, hu arrived in Paris.