The Sun.
London, England, 1845-08-08 00:00:00

PRESIDENTS OF TAE COMMITTEE, VIZ.:—
The Right lion. the Earl of AUCKLAND, K.C.8., and
The Right lion. the Earl of ELLENBOROUGH, K.C.B.
(formerly Governors-General of India.)
COMMITTEE
The Right Hon. Earl Amherst
The Right Hon. Earl of Cardigan
The Right Hon. Earl of Cork and
Orrery
The Right Hon. Earl of Derby
The Right Hon. Lord Ashburton
The Right lion. Lord Viscount
Combermere, K.C.B.
The Right Hon. Lord Sidmouth
The Right Hon. Lord Sandon, M.P.
David Barclay, Esq., M.P.
William Bagge, Esq., M.P.
John Bagshaw„ Esq.
James Blyth, Esq.
Alexander Beattie, Esq.
Major-General Caulfield, C.B.
Baxett D. Colvin, Esq.
Co,. the Right Hon. G. D. Darner,
M.P.
R. Durant, Esq.
Wm. Ewart, Esq., M.P.
Thomas Elliott, Esq.
Wm. Fielden, Esq., M.P.
W. E. Ferrers, Esq.
John Gurney-Fry, Esq.
Sir John Guest, Bart., M.P.
That Mr. John Stikeman, Secretary to the London East India and
China Association, be Honorary Secretary to the Committee, and
that Sir George Larpent, Bart., be requested to act as Treasurer to
receive subscriptions, and that subscritions be also received in his
name at Use following banking houses:Messrs. Barclay, Bevan,
and Co., 54, Lombard-street ; Messrs. Cockburns and Co., 4, White-
hall ; Messrs *Cocks, Biddulph, and Co., 43, Charing-cross ; Messrs.
Coutts and Co., 59, Strand ; Messrs. Glyn (Sir R. C., Bart.), Haiti-
fax, Mills, and Co., 67, Lombard-street ; Messrs. Berries, Far-
quhar, and Co., 16, St. James's-street; Messrs. Scott (Sir Claude,
Bart.), and Co , I, Cavendish-square ; Messrs. Smith, Payne, and
Smith, 1, Lombard-street; Messrs. Twinings, 215, Strand ; Willis,
Percival, and. Co., 76, Lombard-street ; also at Messrs. Grindlay and
Co., 16, Cornhill, and 8, St. Martin's-place, Charing-cross ; Messrs.
Smith, Elder, and Co., 65, Cornhill ; Messrs. W. H. Allen and Co.,
Leadenhall-street ;' and J. M. Richardson, Esq.. Esq., Cornhill.
It may be assumed that a national reward is always bestowed, in
one shape or other, upon those generous spirits who devote success-
fully the • energies of their lives to objects of great public utility.
But, unfortanately, it too often happens that the public gratitude
is not sufficiently aroused till the grave has closed over the public

benefactor.
The services of Lieutenant Waghorn are of a nature which leave
no excuse for transferring to posterity the duty of rewarding them.
The daily increasing importance of the relations of England with
India renders the overland route between the mother country and
her magnificent dependency, of which he was pioneer and the princi-
pal agent; one of the most remarkable improvements of the time. In
fact, not only England, but Europe, and even America, participate in
the advantages which Mr. Waghorn's services have secured, and
therefore owe an acknowledgement to the individual who first stepped
forth in the manner of a forlorn hope to open a path which all may
now safely tread.
It was at first proposed to establish steam communication between
England and India by way of the Cape of Good Hope ; and, in 1827,
Mr. Waghorn who was then in the naval service of the East India
Company, which subsequently he found necessary to resign, came to
this country, at the instance of a committee in Calcutta, and with the
express sanction of Lord William Bentinck, and employed himself for
two years in furtherance of the scheme. Finding, however, that
there we. e insuperable difficulties to the successful prosecution of the
Cape route, it was at length determined to make a trialof that by the
Red Sea, and Mr. Waghorn was selected by Lord Ellenborough, then
President of the India Board, to carry out despatches to Bombay, and
report on the feasibility of establishing a regular communication over-
land through Egypt. This he did, and in this attempt evinced the
greatest zeal and determination (such remarkable traits in hie cha-
racter), by going down the Red Sea in an open boat, the steam ship
expected to meet him at Suez having been prevented by an accident
from performing her voyage.
Mr. Waghorn was now able to determine the relative merits of
the two lines of communication, and the result of his observations led
him to devote his life to the task of opening the path to India through
Egypt. In the prosecution of his plans he visited Bombay. Madras,
Calcutta, and other large stations, in order to point out the surpassing
importance of this grand object, and then, hastening back 01 Eng-
land, urged upon the Government and the mercantile community
throughout the kingdom the policy of encouraging the enterprise.
He continued his unabated efforts till 1833, when, to prove the prac-
ticability of his plans, he carried out mails to India himself, and
brought them back thence three several times entirely unassisted.
It is especially deserving of reniark that the facilities Mr. Waghorn
has enjoyed from his Egyptian caoabillties and influence have always
been used by him for the advantage of his country. In October, 1839,
the mails of September, bringing the news of the capture of Ghuznee,
and also the Bombay and Calcutta mails of July and August, having
reached Alexandria on the day after the English steamer had left
that port, Mr. Waghorn obtained the use of a steamer from the
Pasha, by which means they arrived in London in time to be
answered by the outward dispatch on the 4th of November.
In 1837, Mr. Waghorn opened the route through France, thus again
further shortening the communication with India by same days.
Since then the whole of the overland mail system has been taken
under the immediate control of Government, without, however, any
compensation having been made to Mr. Waghorn.
Before this zealous and enterprising individual stepped forth to
devote himself to a task of such niagnitude no part of India could be
reached in less than four months. The mails from Bombay new
reach England in about thirty-four days, and the regularity with
which the overland communication is conducted is the practical de-
monstration of his original views on the subject,

NATIONAL LOAN FUND LIFE ASSUR-
ANCE SOCIETY,
26, COBNIIILL, LONDON.
Capital 500,000.
Empowered by Act of Parliament.
This institution offers important and substantial advan-
tages with respect both to Life Assurances and Deferred Annuities.
The assured has, on all occasions, the power to borr)w, without ex-
pense or forfeiture of the Policy, two-thirds of the premium paid,
(sea table); also the option of selecting benefits, and the conversion
of his interests to meet other conveniences or necessity. Assurances
for terms of years are granted on the lowest possible rates.
DIVISION OF PROFITS.
The success and increasing prosperity of the Society has enabled
the Directors, at the last annual investigation, to declare a third
Bonus. varying from 30 to 75 ,per cent. on the premiums paid on
each Policy effected on the Profit scale.
EXAMPLES.

-----7----- s ,
(41 2.3 S4l l'g
prominza.l ::i Bonus Bonus in i
Pe w
c I
?: 7
1 n added. Cash. 96*
t g o
: s ,:i vg
- ~...4- v .
_____;___
-----, A 18371,4191 13 5 £B7 13 5 Al 3 17 1 £39511 1
1
£ a. 1838! 165 13 0 74 13 10 11 8 6 346 2 3
40 1000 74 a 4 1839; 138 13 6 61 14 3 9 210 296 13 4
'lB4 89 0 0 41 13 4 6 0 0 247 4 5

The division of profita le annual, and the next will be made in De-
ember of the present year.

F. FERGUSON CAMROUX. Sea