The Sun.
London, England, 1841-12-18 00:00:00

ICE.-WANTED IMMEDIATELY, a sup-
ply of ICE for the REFORM CLUB-HOUSE. Par-
ties willing to Contract may see the Ice-cellars on application
to the Butler, and particulars may be learned in the Secretary's
Office.

:HE LONDON DEPOSIT and DIS-
1_ COUNT BANK, LOAN, and LIFE ASSURANCE
COMPANY. Capital, X 1,000,000, in 10,000 Shares of
.ElO each. Deposit, £2 per Share. To be empowered by
Act of Parliament, an the responsibility of the Shareholder
limited by Deed of Settlement.
_

The Legislature, by the repeal -of the Usury-laws, meant
that money, like every other commodity, should find its true
level, and, being governed by the principles of demand and
supply, it was expected that discounts and loans would oscillate
like corn or cloth. The Legislature were mistaken.
Hence a curious state of things has arisen. That which is
called "paper of the first dais" is readily discounted by
bankers for-their customers at five per cent. It is the fashion
for bankers not to take more, and fashion is often stronger than
law. Paper, not of the first class, but perhaps nearly as good,
will not be discounted by bankers at all, except to favoured
customers. Hence Bills of Exchange come to those who are
restrained by no fashionable delicacy from taking as much as
they can get, and that is, in general, at the rate of forty per
cent. per annum—sometimes higher, seldom lower—and thus,
for slightly varying security, the interest is often increased
from five per cent. to eight times as much.
It is not surprising, in this state of things, that bankers are
daily declining business because they get too little profit, and
borrowers daily becoming bankrupt because they give too much.
Hence the wide field that is open for an intermediate institu-
tion, which might charge more than the usual banks, and take
paper upon its own merits at such a per centage on each dis-
count as the managers may think fair and remunerative.
To add to the security as well as the profits of the esta-
blishment, it is expedient that all persons obtaining any sum
upon Bill: of Exchange or otherwise. to the extent of 100/.
or upwards, shall assure their lives with the office, and that
the rates of assurance shall not be upon the low and ruinous
scale of many new establishments, but upon that of the old
and respectable offices whose profits, by prudence, have be-
come capitals in themselves vastly larger than the real
amount of many of their modern rivals.
It may not be useless to add, that it will be one of the great
principles of this establishment, that twenty five per cent, of
the profits shall be annually carried to the " rAetslts't'ino.rfiisaursrp;lutso.
capital of the Company, until the original capital be doubled.
Coramunications to be addressei to Charles Co ndretlol,
RobertEsn
Solicitor for the West End, 38, Lincoln's Inn-fields ; to R. S
Wadeson, Esq., Solicitor for the City, 11,
T. S. De Year, jun., Sub-Manager, Lisle-street ; or
Styles, Esq., Secretary to the Company.

LONDON AND SOUTH-WESTERN RAILWAY,
—We understand that the Directors or this Railway Com-
apsiapnonsfsishbalelintog side lamps fixed tc
the centre of the
pozlien)c•alriraisa•epasdoapstednetahre
whitew I)
give a red light, and are,
aiannhdaodlsectliitltiri Itnsne.tdo, tit;thielee steownnoee
in front
tof the engine, and the
red lamps heretofore
sinsgaidantooticleon •
other at the back of the last carriage. . The advantage
another may,
in the readiness with which
aortrtahiins fioilllonNsi'
is on a curve, distinguishi
and thus the
circumstances is rendered when the preceding one
the line of rails which it is tra-
versing,cieoinpsattrct:dctlil possibility of a collision under such
more remote. The new lamps
give out a most intensered light, and are upon an in
yesterda and it 'I.
elf'uhlelynree:ispelcaLn was first adopted
Is hoped that all the advantageous
DODBROOKIe-
MARKET, Dec. 15.—Notwith-
standing the present boisterous
weather, our market
was well supplied with fat sheep. Fat bullocks were not
so. plentiful. Sales were mach fully at the following
Prices :—Beef, from .54s to 58s per cwt ; Mutton, 'from
5d to 541 per lb ; Cows and calves, Z 1 per cwt Wheat.
from 14s to 16s the bag of two bushels ; Barley, from
6s 6d to 7s 9d do. Potatoes, 2s 4td the bag of 140 lbs.
—Western Times.
The question of the line to be selected for the
Paris and Strastavg railroad has given rise to much con-
troversy among the towns likely to be. affected by it. The
two lines hitherto talked of are that by Nancy and that
by D:jon. The former is strongly supported by the
local interests, but the latter is recommended by Govern-
ment as being the best suited for a main line from which
not only the Strasburg road but that of Lyons may also
branch off. The Chamber of Commerce of Havre,
having been consulted by that of Strasburg on this point,
has expressed a strong opinion in favour of the line by
Dijon. Meanwhile the municipalities of various places,
more or less important along either line, continue to
come forward with votes of money, land, &c., for pro-
, moting the undertaking, .