The Sun.
London, England, 1869-10-28 00:00:00

ABOLITION OF THE DUTY ON FIRE
INSURANCES.

THE Directors of the ROYAL INSURANCE
COMPANY. in anticipation of the above, beg to intimate
that on all new Insurances now effected there will only be
payable (provisionally) the proportion of Duty for the time
between tile date of the Order and Midsummer Day next.
ROYAL INSURANCE COMPANY.

HEAD OFFICES:
Royal Insurance Buildings, Liverp3ol,
and
Lombard-street, London.
CAPITAL, TWO MILLIONS STERLING.

Important Announcement.
Increased Share of Life Profits.

ALL NEW INSURANCMS, with Participation, EFFECTED
AFTER IST JANUARY, 1868, will become entitled to an INCREASED
SHADE OF THE PROFITS, in accordance with the Resolution
passed at the Annual Meeting of Shareholders.

JOHN H. MCLAREN, Manager.
JOHN B. JOHNSTON, Secretary in London.

EAGLE INSURANCE COMPANY,
LONDON.
REPORT OF THE DIRECTORS,
For the Year ending 30th Juno, 1869, read at the Annual
General Meeting of Proprietors, 13th August, 1869,
WILLIAM FREDERICK DE LA RUE, ESQ., Deputy-
Chairman of the Company, in the Chair.
The Report which the directors have now to submit to
the proprietor differs in its tenor but little save in ono or
two particular from that Itid before then, in 1868.
the income or the year, it will he seen, amounts t
£540,499 18s., and the total charge t £445,077 10s. 9d
The difference, .£95,422 7s. 3d., added to the balance o.
the surplus fund at the commencement of the tinancia
year, maised that item to £1,002,974 15s. 9d., its preseni
amount.
SURPLUS FUND ACCOUNT, JUNE 30, 1869.
INCOME OF THE YEAR.
£ s. d.

X s. d

Du.
Balance of account, 30th
June, 1868 907,t:52 8 6
?remiums on new assur-
ances

13,566 5 1

on old ditto 357,988 7 0

371,548 12 1
Interest from investments 120,959 12 10

492,508 411

Profit and loss, balance of
account

47,991 13 1

total income

£1,448,052 6 6
Examined and approved.
THOMAS ALLEN,} Auditors.
HENRY ROSE,
CHARGE OF THE YEAR.
Et. x s. d.

Dividend to proprietors
Claims on decease of lives
assured
Additions to those under

participating policies 24,304 6 6
Policies surrendered
Re-assurances—new
Ditto old 51,009 4 1

405,561 12 1
Commission
Medical foes
Incometax 3,017 15 8
Expenses of management 16,238 9 10

X s. d.
8,880 4 0

436,187 6 9

Total charge
Balance of account, June 30, 1869, as per
balance-sheet

£1,448,052 6 6

The total of premiums received is £371,548 12s. ld., of
which sum £13,560 ss. ld. is for new assurances effected
in the year.
The interest from investments is £120,959 12s. 10d., or
£4 2s. per cent. on the net amount of the company's
realised assets existing in June, 1868; and in connection
with this important feature of the company's affairs the
directors have the satisfaction of reporting that the profit
and loss account again exhibits a considerable profit,
amounting this year within a trifle to the sum of £48,000.
It may be remembered that a profit of nearly equal amount
was announced in last year's report.
Turning to the items constituting the charge of the
?tar, it will be noticed that the sum payable in satisfac-
tion of claims on decease of lives assured is larger than
usual. This circumstance, however, is not very material;
Is was observed o i a previous occasion, the proper quin-
luennial average is generally pretty sure to obtain, and
the fact that the average for the past two years barely ex-
ceeds .£30',000 tends to confirm that statement.
The expenses of management are greater by nearly
£BOO than they were last year. They would have been
materially less but for the unavoidable cost of transferring
the company's securities into the names of additional trus-
tees. Taken as they are, however, these expenses muat
be regarded as very moderate. It will be observed that
they are only three per cent. of the total income.

BALANCE-SHEET. JUNE 30. 1869.
Pit. LIABILITIES.
interest due to proprietors
.31aims on decease of lives assured, and
Addditions thereto unpaid 108,940 6 7
Sundry accounts
Liabill%, ler sums assured, &c. (1867) 6,336,626 8 2
Proprietors fund
Surplus fund

£6,757 17 0

£7,675,813 0 10
Examined and approved.
THOMAS ALLEN' Auditors.
HENRY ROSE, j
CR ASSETS.
tmount invested in fixed mortgages £1,661,699 9 2
Ditto ditto decreasing ditto 162,770 15 2
Ditto ditto Reversions 278,557 16 6
Ditto ditto Funded securities 491,303 4 2
litto ditto Temporary secu-
rities 198,207 17 0
;urrent interest on the aboveinvestments 30,934 4 6
)ash and bills 12,256 15 10

....—....... .
Advanced on security of the company's
policies 165,387 1 8
Acct:ats balances
sundry accounts
Value of prenaimns (1867) ..... 4,506,167 18 0
Value of ra-assurances 85,706 14 5

£7,675,813 0 10

The balance-sheet does not appear to call for any re-
mark. The assets are, of course, increased by the sum of
.£95,422 7s. 3d. already mentioned, as is shown by the
augmentation to that extent in the balance of the surplus
fund.

The Direction of the Company is now constituted as
follows:

WILLIAM FREDERICK DE LA RUE, EsQ.,Chairman.
ROBERT ALEXANDER GRAY, ESQ., Deputy-Chairman
Charles Bischoff, Esq. James Murray, Esq.
Thomas Boddington, Esq. Philip Rose, Esq.
Charles Chatfield, Esq. George Russell, Esq.
SirJ. Buller Fast, Bt., D.C.L. Thomas Godfrey Sambrooke
Wm. .9..gustus Guy, M.D., Esq.
F.R.S. Admiral Tindal.
CoarlesThos.Holcombe,Esq. Right Hon. Sir John Young
Joshua Lockwood, Esq. Bart., K.C.B.

(NE HUNDRED & SEVENTY DESTITUTE
ORPHAN CHILDREN are being maintained in the
ROYAL ALBERT ORPHAN ASYLUM, at the moderate rate
of £25 per annum each. Funds greatly needed.
CHARLES A. WALKER, Secretary,
Office, 54, Cheapaide, London, E.oi

BRITISH HOSPITAL for SKIN DISEASES,
56, Great Marlborough-street, W.
Bankers, Messrs. Ransom. •
SUPPORT is earnestly solicited.
ALEXANDER RIVINGTON, Hon. Sec.

'ZING'S COLLEGE HOSPITAL, Portugal-
street, Lincoln's-inn.---The Committee earnestly
APPEAL for FUNDS to defray the heavy current ex-
penses. Assistance is urgently needed.
J. W. WALDRON, Secretary.

LAMBERT'S ASTHMATIC BALSAM.—AN
EFFECTUAL REMEDY, without confining the
bowels or affecting the head, truly efficacious and pleasant,
is admitted to be the best medicine for immediately re-
having coughs, colds, confirmed cases of asthma, and inci-
pient consumption. It frequently cures persons whom the
faculty pronounce incurable, and admirably allays the
ticking which provokes frequent coughing. In approach-
ing consumption its effects are truly beneficial. Persons
deprived of sleep, or even Icing down for fear of suffoca-
tion, may depend on relief in a few minutes after taking it.
Prepared only and sold by W. LAMBERT, Chemist, 8,
King William-street, Charing-cross, London, and by all
druggists, in bottles, 13i-d., and three quantities in one,
2s. 9d. each. Be particular, and ask for Lambert's Asth-
matic Balsam. The name and address are engraved on the
stamp.

[Awnturissarksv.l—Henceforth no one will doubt the valuable
properties of Du Barry's health-restoring Revalenta Arabica
Invalids' and Infants' Food, since to the thousands of blessings
it has already received from Invalids whose position had been
deemed hopeless, we may now add that of his Holiness the Pope,
whose health has been perfectly restored by it after thirty years of
unsuccessful medical treatment. We quote from the " Gazette du
Midi," July 25th Rome, July 21,1866. - The health of the Holy
Father is excellent, especially since, abandoning all other reme-
dies, he has confined himself entirely to Du Barry's Revalenta
Arabica Food, of which he consumes a plateful at every meal.
It has produced a surprisingly beneficial effect on his health, and
his. Holiness cannot praise this excellent food too highly." We
extract a few out ofmore than 68,000 cures:—Cure No. 58,216, of
the Marchioness do Brehan, of seven years' liver complaint
wasting away, debility, nervousness, with a nervous palpitation,
all over, bad digestion, constant sleeplessness, and the most in-
tolerable nervous agitation. Cure No 1,771: Lord Stuart de
Decies, Lord-Lieutenant of Waterford, of many years' dyspepsia.
No. 49,832: "Fifty years' indescribable agony from dyspepsia,
nervousness, asthma, cough, constipation, flatulency, spasms,
sickness, and vomiting —Maria Joly." Cure No. 46,270: Mr.
James Roberts, of Frimley, Surrey, of 30 years' diseased lungs,
spitting of blood, liver derangement, and partial deafness. Im-
portant Caution—Beware of the many unsavoury and more that
sloppy imitations to which, without authority, Baron Liebig's
name is most audaciously attached.
In tins, at ls lid; 1 lb 2s 9d; 21bs 48 6d
avs
RA.lbsnliel
Is;
CHOCOLATEI2 lbs 22s
21 lbs 405.-Also Du BAaay's REVAL A
PoWD-10. is packed in tin canisters: for 12 cups at 2s, for 24 cups
at 3s 6d, for 48 cups at 6s, for 288 cups at 30s, for 576 cups at 55s
—being about ono penny per cup. The 308 and 55s tins are sent
free of carriage in England on receipt of Post-OfficeOr ter.—
BA.B.RY Do BARRI- and Co., No. 77 Regintrotreet, land= find
Qrocert aucl Chenaleta,

(From the .Anglo, American Times.)
These are the three most associated with the late
gold crisis. The first as the alleged originator--
the second as the real originator--the third as the
chief victim. Mr. Abel R. Corbin, now lying
ill
at No. 37, West Twenty-seventh-street, New
York, is a .New Englander, having lie-en born in
that section of the Republic in 1814, but he left it
when young, and for 25 years resided at St. Louis,-
Missouri. Ile was educated as a lawyer, but did
not keep up the practice of his profession, aban-
doning it for the press. As a writer, the New York
Sun, from which we derive the information, styles
him clear, terse, logical, and oftentimes brilliant ;
and this powtr helped him greatly in making his
fortune. Widle in the North west he was a con-
sistent Democrat, always acting with that party.
On the outbreak of the war he proceeded to New
York, and with the moderate fortune he had
amassed made judicious investments in real estate
and railroads in New Jersey. Ile purchased a large
tract at the West End, and earnestly sA himself to
insure the success of the Pavonia, Long Dock, and
West End Railway, which ptsscd through his pro-
perty. He wrote up both thatand othercntert,riees iu
which he was interested ; and it was in his connec-
tion with one, thu Newark and Patterson Road, he
used words which not only proved his knowledge
of Mr. Jay Gould, but the high estimation as a man
of busimss in which he then, last year, held him.
Mr. Jay Gould, he said, " is a railroad man of con-
summate ability, and railroad managers would do
well to open their glasses that way." So successful
were these ventures, and so well did he attain his
aim, that his fortune was before this crisis estimated
at from two millions and a half to three millions of
dollars, mainly accumulated since his connection
with Jay Gould and other New York dealers in land .
and stocks. In the April of last_ year Mr. Corbin's
wife died, a highly accomplished, amiable, and well-
known lady ; and in May last he married Miss
Jeannie Grant, sister of the President. Mr. Corbin

became acquainted with General Grant through
the sale of the house which bad been presented
to him on 1 Street, Washington, and it was
during the inauguration that he first met Miss
Jeannie Grant, and after a brief courtship married
her. Both in character and in fortune Mr. Corbin

was all that could be desired, but it may be doubted
whether he was as attractive in other respects. He
is 55. years of age, grey, very tall and slender, with
a stoop. The Sun says—

"In conversation Mr. Corbin is not impressive. His

tone and manner are often childish. He has a habit of
breaking out in laughing spells, when he drops his face in
both hands until his laughter is over."
He is an earnest Methodist, and a generous sup-
porter of his church. He was an intimate friend of
the late President Lincoln, whose anecdotes and

jokes he delights in repeating, and perhaps it was
this that so impressed the Sun's reporter, although
we fear the laughing had been taken outs of Mr.
Corbin when last he was "interviewed." He ap-
pears to be a good man of business, and he is
described as bold in speculation, though weaken-
ing before great risks. It appears that his connec-
tion with the ring is generally credited, though the
universal belief is that these deep speculators used
him as a tool through whom they might pretend a
connection with the Administration.
James Fisk, junior, who, in his speech on open-
ing a branch of the Erie Railway, alluded to him-
self as " the bad man in the play," seems then to
have been in a prophetic mood, for he has exactly
realized the description. He commenced his career
as a circus-rider, but we presume his tendency to-
wards corpulency was ill calculated for flying
through hoops and other such agile movements.
Some months ago we published the article giving
some account of his early life and recent doings, on
which an action for libel was grounded against the
Springfield Republican, and led to that fine stroke
of strategy resulting in the kidnapping and incar-
ceration in gaol for a single night of Mr. Samuel
Bowles, the well-known author and editor. Trade
was better suited to Fisk's genius, and he carried
peddling almost to the magnitude ofa merchan t'sbusi-
sitiess. Some years ago his splendid teams drawing his
waggons filled with velvets, silks, an i valuable goods
were well-known in the towns and villages of New
England, and &though we acknowledge what we
owe to a correspondent of the Daily News, yet it
is not true that he traded with a pedlar's pack in
wooden nutmegs and other Yankee .notions. Ho
was so far successful that he dropped the smaller
and more laborious work for the larger doings and
grander stage of the metropolitan city, securing a
desk in the office of Daniel Drew, one of the two
reigning railway kings. Soon he penetrated into
the depths of stockjol?bing operations in Wall-
street, and as his intelligence and unscrupulousness
were alike valuable to his principal, together with
his brazen impudence, with Mr. Drew's aid and the
means he had accumulated, he became an operator
himself. We cannot do better than transcribe what
the correspondent says—
He was employed by many persons to do their dirty
work, and to bear the abuse which followed detection. In
the course of his business ho made the acquaintance of a
certain Jay Gould, a third-rate stockbroker, and of a petti-
fogger of the name of Lane. These three worthfes, like
the two centurions of Tacitus who determined to revolu-
tionize the Roman Empire, determined to make themselves
absolute possessors of the Erie Railroad ; and, like the
centurions, they succeeded. The wonderful manoeuvres
by which three obscure individuals became masters of a
wealthy railroad company are too well known. At pre-
sent Mr. Fisk, Mr. Gould, and Mr. Lane form an executive
committee, who manipulate all the finances of the Erie
Company, and who own besides a fleet of steamers.
They keep a judge in their pay to interpret the law in
their favour, and they are able to carry any new law
which they may require through the State Legislature at
Albany. Although the earnings of the Erie Railroad must
be largely in excess of the expenditure, they pay to th6ir
shareholders no dividends. All the money that comes into
the exchequer is devoted to corrupting officials and judges,
and making purchases for the company by which they en-
rich themselves. The directors of several English lines
of railroad do not enjoy the absolute confidence of their
shareholders; but what would be said if the chairman of
an English railroad were to buy Covent-garden Theatre,
sell it for double the amount which he paid for it to tie
company, transact business in the green-room, and carry
on an opera with the proceeds of his railroad? Yet this
is what has been done by Mr. Fisk. The oftlees of the
Erie Railroad are in that excellent freehold which he sold
to the company, the "Grand Opera House," and the
money of the Erie shareholders goes to keep up a theatri-
cal company.
Mr Legrand Lockwood is a native of Norwalk,
Connecticut, a town which owes much to his suc-
cess in life. His estate there, though now far from
complete in improvements, is worth $BOO,OOO, but
had he continued to be successful in business, be
designed to spend upon it $1,250,000. He is the
chief stockholder in the Danbury and Norwalk
Railroad, of which his uncle, Mr. Edwin Lockwood,
is president. The latter gentleman resides in the
homestead of his nephew's parents. Through the
nephew's good business qualities, the Norwalk
Railroad has been raised from a non-paying to a
10 per cent line, and this was accomplished against
the usual violent Opposition. his family con-
sists of his wife and five or six children, one of
whom, a son, is married, and left London for home
only three weeks ago. In his own neighbourhood,
where he is best known, and where he owns much
property, Mr. Legrand Lockwood is highly esteemed
and respected. liis hospitality was unbounded, his
charities noble, and his kindness to his poorer rela-
tions generous almost to a fault. No sooner was
the failure of his house known than numerous offers
of financial aid reached him from all parts, but chiefly
from his native town, and moneyed men in Wall-
street agreed to advance $1,000,000, if that could
pull him through. One man, as he entered his offices
was observed to slap him on the back, saying, with
tears in his eyes : " Legrand, my boy, I've come
200 miles to see you. lam worth a coupleof hundred
thousand dollars. Half of it is at your disposal."

It is probable that the house will be re-formed and
resume business, the partners retiring, but Mr.
Legrand Lockwood retaining his place at its head.
Ile was also a liberal patron of Art, his Picture
Gallery was enriched with such paintings as Bier-
stadt's "Domes of the Yosemite," and Bradford's
" Crushed by Icebergs."

EXCLUSIVE, VERY IMPORTANT, BARE, A, ND VALUABLE
are the properties Of Laffiplough's Pyretic Saline, curing the
spot headaches, sickness, skin, or billiary affections. Pleasant
,441iatible, and InTisoratiog. soil by all QhcmiEt9,—tAdTt:l

COMPAGNIE GENERALE TRANSAT-
LANTIQUE.
4, Foe de la Pais, Paris.
FRENCH MAIL STEAMERS.
NEW YORK.
Leave every 14 days, from Havre and Brest, for New:York.
RATES OF PASSAGE.
from IL, vitE or ritrsT to NEW YORK.
First 'Arss 7OO fr.
Second Cass 425 fr.
Third Class
From Paris to New York, t'ia Havre or Brest, including
railway ticket, 725 fr. ; second class, 410 fr. ; third class
283 fr.

WEST INDIES AND MEXICO.
Leave St. Nazaire on the 16th of each month for St.
Thomas, Havana, Vera Cruz, New Orleans, Porto Rico,
Haiti, Santiago do Cuba, Guadeloupe, Martinique.
JAPAN, NORTH AND SOUTH PACIFIC, AND
CENTRAL AMERICA (via Panama).
Leave St. Nazaire on the Bth of each month for Mar-
tinique, St. Martha (United States of Columbia). Colon,
Aspinwall (Isthmus of Panama), La Guayra, Porto Ca-
bello, Gua.:lelcape, Trinidad, Demoraru, Paramaribo,
Cayenne, &c., Callao, Valparaiso, &c., San Jose, La Union,
San Francisco, China., and JapaL.
Hand books, with full details of all the routes of this
company, can he had of
STRINGED, PEMBBROKE, and Co.,
Agents, 8, Austinfriars, London, E.C.

THE LATE EDITION of " THE SUN' at
JAMES SPEEDY'S, "The Wehington,"Wellington-street,
d .rand.