The Sun.
London, England, 1846-09-04 00:00:00

difficulty of procuring evidence, have rested satisfied
with the attainment of the object it had then accom-
plished. But no ; the Times showed its energy, the cor-
rectness of its information, its indefatigable zeal and re-
sources, in completely disclosing the fraud ; and richly
had the talent, public spirit, and devotion of its con-
ductors earned for them that " Testimonial" in the
Royal Exchange, which but feebly expressed the unan-
imous approbation of the commercial world.—(Loud
cheers.) He hoped the House of Commons, of which
he was a Alember, would on all occasions exercise the
same zeal, honesty, and integrity in detecting fraud and
punishing crime which had been so successfully mani-
fested by the Times journal.—(Loud cheers.)
The LORD MAYOR next proposed " The health of
the Magistrates of the City of London," whereupon

Sir P. LAURIE returned thanks.
The LORD MAYOR next proposed " The health of Mr.
Dobie, the solicitor to the Times," whose talent, skill,
and industry had done so much in procuring the evi-
dence on which the exposure of the fraudulent conspi-
racy depended, and to whose efforts the public at large
were greatly indebted.—(Loud cheers.)
Mr. WALTER, in Mr. Dobie's absence, felt very un-
willing that this toast should peas without remark. He
regretted Mr. Dobie's absence, but he hoped he might
be allowed, in one word, to acknowledge the compliment
which had been paid to that gentleman, and to express
his own sense of that gentleman's distinguished merits.
The LORD MAYOR next proposed the health of his
excellent and worthy friend Baron Rothschild, whose
name alone would give character over all Europe to the
proceedings of such a meeting, and whom he had great
pleasure in seeing amongst them that evening.—(Loud
cheers.)
Baron ROTHSCHILD, in returning thanks, expressed
his surprise that such a toast had been given from the
chair. It certainly was not in the list of toasts he had
seen, and he had at all times great diffidence in ad-
dressing a public assembly. If he were to express his
opinions on that occasion, he should merely be repeating
what his excellent friend Mr. Baring had so well said.—
(Cheers.) A debt of gratitude we felt they all owed to
the proprietors and other gentlemen who were connected
with that powerful organ, the Times newspaper, and its
successful exposure of a great and well-organised system
of fraud would be long remembered by all who were
connected with commercial pursuits.—(Cheers.)
Mr. Alderman HUGHES HUGHES next proposed the
health of Mr. John Walter, jun.—(Cheers.)
Mr. J. WALTER,jun., briefly acknowledged the toast.
The health of Mr. Tite, the architect of the Royal Ex-
change, was next proposed amidst loud cheers, for which
that gentleman returned thanks in a neat speech.
The LORD MAYOR next proposed the health of Dr.
Rice, the head-master of Christ's Hospital. •
The Rev. Dr. RICE returned thanks in a speech ofgreat
ability and eloquence, in which he eulogised the public
spirit and manly virtue of the Times proprietary.
The LORD MAYOR next proposed the health of those
excellent and able gentlemen who took the most active
part in the management of the Times newspaper.
Mr. J. T. DELANE, in his own name, and in behalf of
his colleagues, briefly expressed his deep sense of the
kindness of the Lord Mayor and the gentlemen present
for the manner in which they had drunk the toast.
Mr. J. D. PowLEs begged to propose a toast. Ho
was old enough to recollect the introduction of the first
" City article," a feature which had been continued in
every newspaper since. He could bear his testimony to
the great honesty, integrity, ability, and zeal with
which that department in the Times had from the first
been conducted.—(Cheers.) This he would say, that
those in the City who felt it necessary to communicate
with this department of that large and influential jour-
nal, had always received from his friend Mr. Alsager
the most respectful attention upon all occasions. —(Load
cheers.) For one, he felt deeply grateful to him. The
public possessed in that department the most useful
communications collected from all quarters, and exhi-
bited in a well-digested and lucid form. None of the
other newspapers had in that respect at all approached
the Times, and he defied any one to detect in any por-
tion of the City article anything like partiality.—(Loud
cheers.) This compliment was due to his friend. Mr.
Alsager ; to him the whole of this great merit was
owing ; and he had no doubt that the company would
think that their duty to the Times was ill-performed
without paying that gentleman the mark of respect to
which he was entitled.—(Cheers.)
Mr. ALSACER said, that however incompetent he
might be, and however he might look around him for
assistance on that occasion, yet, in responding to such a
compliment, feeble as he was, he must sustain the whole
weight of it. He could assure his worthy friend who
had proposed the toast, that he felt very deeply the
compliment paid to the department to which he hap-
pened so long to belong. It was now four times seven
years since he appeared in the City as the medium of
commercial communication between it and the con-
ductors of the Times. During that time he thought he
might say, without at all invading the province of truth,
he never betrayed a friend, nor made an enemy. The
principle by which all were governed on the establish.
ment was the feeling of public independence, each being
emulous, irrespective of party concerns, to perform con-
scientiously the important duties entrusted to him.—
, (Cheers.) If he ever failed, it was only from want of
capacity.—(Loud cheers.)
The party then partook of coffee in the drawing-
room. _ _ _

The proceedings terminated at eleven o'clock.

NATIONAL SECURITY BANK.
(FROM A CORRESPONDENT.)
In a country like this, which has attained its position
as the most powerful nation in the world solely by its
commercial credit and resources, any proposition which
is calculated to preserve and invigorate that germ of all
its prosperity, must be an object of public interest. Our
advertising columns of this day contain the announce-
ment of a banking project upon a novel combination of
principles, which we are convinced will meet with
general commendation, proportioned'to the great benefit
which cannot fail to result from such an institution.
Our warnings have been naany. We all recollect the
hurricane of distrust and insolvency which not long since
swept away the joint-stock banks of the United States
before it. The periodical convulsions we have experi-
enced at home have proved destructive to numbers of
private banks, and the repeated fall of some large joint-
stock establishments of our own from time to time, an-
nounces that their foundations are yet unsettled. A
more meritorious object, in a commercial view, than that
which proposes to introduce a system tending to bestow
upon them the needful stability, we cannot imagine.
The title of the National Security Bank, to which we
refer, sufficiently indicates its character. As its name
imports, it binds itself up with the financial credit of the
country. Assuming the true functions of a bank, it pre-
sents itself as the safe depository of capital, and the con-
venient instrument for affording those facilities which
fall within the banker's legitimate operations. On the
other hand, it excludes all possibility of lending encou-
ragement to reckless speculations, of yielding to the
necessities of private interests and connexions, or of
aiming, by increased risks, at the accumulation of
greater profits.
As long as different classes of society exist, with
various wants in their own peculiar circumstances, banks
will be found to adapt their transactions to the calls of
their constituents, from the inflexible severity of the
Bank of England down to the lax accommodation of
houses in the most speculative manufacturing districts.
Between these extremes the National Security Bank
occupies, for the first time, an intermediate station.
With an unimpeachable stability, it will offer induce-
ments to the general customer, which combine in them-
selves every advantage for which a banker's doors ought
to be opened.
An ample field, we apprehend, presents itself in the
metropolis for the operations of such an establishment.
A remarkable diminution has taken place in the number
of private bankers, hardly replaced, considering the
continued and vast accession to its population, by the
joint-stock banks that have more lately been founded.
In a still greater degree, perhaps, the growth of its mer-
cantile business has been developed. The crowded state
of the counters of the principal houses, often attended
with inconvenience to the customer, sufficiently illus-
trates this observation.
We recommend our readers to the perusal of the
prospectus with these remarks, which we have no doubt
will be confirmed by their deliberate judgment. The
plan will, we hope, be received by the public, and re-
warded with that measure of success which we sincerely
believe it to merit.

DERBY ELECTION.
THE POLLING.—RETURN OF MR. STRIITT.
DERBY, THURSDAY AFTERNOON, FOUR O'CLOCK.—
The election has just terminated in the triumphant re-
turn of Mr. Strutt by a majority of 284. Last evening
Sir Digby Mackworth's friends threw open the public-
houses. Upon ascertaining the fact, upon indisputable
evidence, Mr. Barker (Mr. Strutt's legal adviser) waited
upon Sir Digby Mackworth, and represented the matter
to him. Sir Digby said that it was quite unknown to
him and he would see that the practice was put an end
to. There is no doubt that the worthy Baronet gave
instructions to that effect, but, nevertheless, th3re has
been treating (and something else) on the Tory " Anti-
Popery " side, and there is abundant evidence of it.
The state of the poll at nine o'clock this morning was
as follows :
Strutt 142
Mack worth
At ten o'clock, it was—
_

Strutt 359
Mackworth _ lB4

At twelve o'clock Mr. Strutt was 300 a head, and ai
he close of the poll the numbers stood thus:—
Strutt B4B

Mackworth
Majority for Strutt
The announcement of the numbers was received with
loud cheering from the hundreds of persons congregated
near to the Reporter office. Many electors favourable to
Mr. Strutt did not vote, as they considered it unneces
' sary• and a few of the Dissenters held aloof, though
some of them would have voted if it had been necessary.
At the last election Mr. Strutt polled 874 votes; Mr.
Pole (the Conservative) polled 587. Majority for Mr.
Strutt, 28S.
The declaration of the poll will take place to-morrow
morning.

BARTHOLOMEW FAlR.—Yesterday, at noon, the
Right Honourable the Lord Mayor made the usual pro•
clamati, which is to continue to-
day
and to-morrow,
r holdingrowt
hteh the
variousfair stalls to close at ten
o'clock each evening. No shows are permitted ; the
stalls are less than a dozen, an.a
the attendance in the
t o form
busiest part of yesterday did not exceed that of an ordi-
nary cattle market day.
ENTERTAINMENTS AT THE MANSION Houw.—
This day (Friday) the Right lion, the Lord Mayor will
entertain between seventy and eighty of the first mer-
chants in London, in the Egyptian Hall of the Mansion
House ; and on Monday next his Lordship will give
another grand dinner to several of the mercantile com-
munity.