The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1836-03-08 00:00:00

THE LIVERPOOL STANDARD.

LIVERPOOL LITERARY, SCIENTIFIC, AND COM-
MERCIAL INSTITUTION.
President: CHARLES bl ORSF AL, L, Esq.
A T the Second Half-yearly General Meeting of the mem-
bers of the above Institution,
A. F. DoNovAN, Esq. in the Chair;
The Minutes of the last General Meeting, Treasurer's
Accounts, and Report, having been read:
Moved by Mr. James Steel, seconded by Mr. Chas. Tinging,
that the Treasurer's Account and Report, as just read, be
passed—carried unanimously.
Moved by Mr. Robert Shorthouse, seconded by Mr. Holbrook;
Gaskell—
Ist—That it is the opinion of this meeting, from the experi-
ence' of the last twelve months, that the sitecessful carrying
out of the objects of this Institution is et intently calculated to
advance the moral and intellectual ch cter of its members.-
Moved by Mr. William Williai seconded. by Mr. Adrian
Lowe, n.
tad—'That the thanks of this meeting be given to the Pa-
trons, Vice Patrons, President, Vice President, and other
Officers of the Institution, for the able and assiduous manner
with which they have discharged the duties of their office.
Moved by Mr. Mark Collet, seconded by Mr. J. Dowdall—
al—That the thanks of this meeting be given to the Com-
mittee and Proprietors of the Royal Institution, for the very
liberal manner with which they have granted the use of their
Lecture Room to the members of this Institution.
Moved by Mr. Henry Edwards, seconded by Mr. Francis
Kelly-
4th—That the name of William Potter, Esq., be added to
those of William Brown, Esq., George Crossfield, Francis Hay-
wood, Esq., and Henry Sandbach, Esq., who are hereby -ap-
pointed Trustees of this Institution—carried unanimously,
A vote of thanks having been passed to the Chairman, by
acclamation, for his able and impartial conduct in discharging
the duties of his office, the meeting separated.
By order of the Managing Committee,
H. TINDAL ATKINSON, Secretary.
Institution, 28, St. Anne-street.

City of London Tavern, Uhhopsgate-street,
March 2d, 1833.
A T an EXTRAORDINARY GENERAL MEETING
of PROPRIETORS of the PROTECTOR FIRE IN-
SURANCE COMPANY, held this day, convened by Adver-
tisement, under the terms of the Deed of Settlement, and very
numerously attended,
R. 11. MARTEN, Esq., in the Chair,
The following Resolutions were moved, • 'elided, and carried
unanimously:
"That the particulars of the Agr cuts. entered into with
the Phoenix Company, having been read b.y. the ,Secretary to
the Court of Proprietors, the resolution of the Directqrp passed
by them, that it is expedient that this Associatithirte'dlstsolved,
be confirmed.
"That the Agreement first mentioned in the Advertisement
calling the Meeting between the Direcfms of IlielPhCeniX' and
the Directors of the Protector Fire Insuratipdlaompauies be
sanctioned and confirmed.
"Th+ir the best Thanks of tins Meeting'` gtblen to Jenkin
Jones, Esq., of the Phoenix Company, for his attendance here
this day, and for the very clear and satistactory statement and
explanation given by him with reference to the Agreement
entered into between the two Companies.
" That this Meeting cannot separate without bearing testi-
mony to the liberal and honourable conduct of the Phceuix
Company, and a recommendation It) their brother Proprietors
of the Protector Company to favour the Vhcenix with the bene-
fit of their future insurance.

"That the best and cordial thaeksof the Proprietary .br given
to the Chairman and Directors, for their zealous and praise-
worthy exertions in behalf of the Protector Insurance Company
since it; establishment, and particularly for their recent judicious
conduct in coming to and making the arrangement with the
Phtenix Company.
"That the Thanks of this Meeting be given to Wilmer
Harris, Esq., the Secretary fur the Protector Company, for his
able, ziatous, and indefatigable conduct since he has filled that
Office, and his great attention on all occasions to the interests
of the Company.
•° That the sincere Thanks of this Meeting be giVen to Wil-
liam Stevens, Esq:, the Company's Solicitor, for his able legal
advice and professional assistance, and for the readiness he has
always evinced to give -to the Proprietary all information re-
quired of him.
"That the resolutions of this day be advertised in the Times,
'Morning Chronicle, Herald, Globe, Standard. and such other
Newspapers as the Directors may deem` expedient."
WILMER HARRIS, Secretary.
N.B.—lnsurances are accepted and renewed as usual, at the
Offices of the TWO COMPANIES, in Lombard-street, and
Old Jewry in the City; Charing Cross and Regent-street, at
the West End; and Wellington-street, Southwark, and at
WIDOW SUTTON and SONS, Agents,
17, Exchange-street East, Liverpool.

YORK AND NORTH OF ENGLAND ASSURANCE
COMPANY.

rirtHE Directors of this -Aisociation having had their atten-
tiou called to a Metnoriar, presented to the Cooticil of the
Borough of Liverpool, from certain Fire Itisuralce Companies,
whose names are thereunto appended, feel it due to themselves
to make some observations upuu a document, which is calcu-
lated, by implication, to throw discreditupon the Company with
which they are connected.

The Directors are quite content to leave, it to the inhabitants
of Liverpool, to decide, without comment front them, upon the
justice of the charges brought by the ;Memorialists against the
civil authorities for having failed to adopt "such measures of
precaution for extinguishing fires, as were so long expected
from their patriotism and foresight"--for not having yet taken
sufficient measures for a supply of water"—and for not having
obtained an Act "to give the power of recovery of the ex-
penses of extikuishing a fire against the proprietors of the
property on fire, and that immediately endangered." They also
leave it to the same tribunal to decide upon the fidelity with
which the effects of the late awful conflagration at New York
have been so pathetically described by the Memorialists, and
the extraordinary accuracy of the statement, that the space de-
vastated by that appalling calamity was `. quite as large and
well built as the warehouse district of Liverpool." The Mer-
chant's pf. Liverpool will not fail to perceive that one gi eat ob-
t jec ,ontliese Memorialists is to prove, that the premiums de-
manded by them are not greater than the risks fairly deserves ;
antl;'ecaqfyinfbr,liat the call, which has been so long and
• loudly trade for reduction, is unreasonable, and cannot be com-
plied- witfrl, POI; . . _

' The Directnrp Athis 4ssociation feel, however, that these
Memorialists base a second object in view—not quite so oh,'
i
yious,-pel'fialigffilitW44lally•iniportatit t them if a conviction of
its troth ,cotild hekforpsd. upon...the h rcantile Community of•
Liverpooli,—they say, "jhe Prem. ms now charged are in-
adequate ameklii'extensiVe contla ration in the warehouse
-district.7HtTheicautinus mode of expression in this paragraph
is worthy of,notice. They (hoot say " inadeTiate to meet the
losses of past years," nor " the probable lossesof those to cools,
on the average," but "ion extensive conflagration." This may
mean the destruction of one-third, one-half, or the whole of the
warehouses in Liverpool, with their contents, amounting to a
sum which twice the present premiums would not make good in
fifty years. The inference which, doubtless, it is hoped the
public will draw is this, that if the premiums charged by the
memorialists are inadequate, an office doing business at lower
rates must be doing so to a certain loss, and therefore must be
unsafe, and unfit to be trusted. To repel this unjust and un-
worthy insinuation,• the Directors submit the following brief
statement to the Merchants of Liverpool.
The Memorial in question is signed on behalf of Sixteen In-
surance Companies, of whom fourteen are London and two coun-
try offices. Of the fourteen London offices, two, with singular
modesty have signed it, who have no agent in Liverpool; of the
remaining twelve, only four had agents in Liverpool prior to
1803. There are now thirty-five agents in Liverpool, repre-
senting twenty-two offices, of whom eighteen have been esta-
blished in or since the year 1803—most of theM at a- much
more recent period—and they are now publicly cliallenged.lo
disprove, by a candid statement of their receipts from, and pay-
ments to Liverpool, since 1803 to the latest qtiatter-day, the
assertion which is hereby made, that three-fourths of the pre-
miums now demanded by the London offices, if paid auriug the
whole of that period, would have been sufficient to meet every
claim, and to leave a handsome profit to the offices.

The Directors hope, that upon this subject, the public will
bear in mind the fact, that of those offices who are parties to the
Memorial, sev:!ral have, within the last two years, utivertised
returns ut part of their profits to parties assured for five years,
the average pi emian2 for that period being .upwards ofl2o per
cent. less than tkat which theg now declare to he inadequate !

It may also'he desirable to refer to the Circular-issued by the
London offices in February, 1833, the principal parties to which
were the present Memorialists. That circular announced the
combination of those from whom it emanated to raise the Pre-
miumi fiotfi msto—nr p ir tent. on Floating Risks; bunt-altia.
stated,-that, so soon as the town should be more amply supplied
with water. and an efficient Fire Police Establishment provided
at the public expense, the rates then determined on should be
revised. It is believed tbat these points have been* fully at-
tended to—it is certain that less fires in proportion have oc,
coned since the date of the circular—yet these high rates are
persisted in, while the only reason (according to that circular)
for their adoption has ceased. It would seem, therefore, that
the parties are either not aware of the present state of Liver-
pool, or that they have forgotten that which they wrote in
1833 ;—it may hare been that either the circular or the memorial
was hastily drawn up.

That the losses by fire in Liverpool will, in future, be greatly
under the average of the last thirty years, no one can doubt,
who bears in mind the powers now possessed and acted upon by
the Council, of making Bye-laws for the prevention of fires iu
warehouses, and for the punishment of offenders, and who is
acquainted with the organization and high state of efficiency of
the Fire Police Establishment, of which such honourable men-
tion is made by the Watch Committee of the Council, in their
report dated 3rd February, NW. Looking at these circum-
stances, the Directors feel perfect confidence that the rates
charged by them, which are op the average above 22 per cent.
below the London rates, are fully adequate to meet the proba-
ble losses, and to leave a fair profit to the Company—without
which they have no desire to do business—having none of that
patriotism or
_philanthropy which, it Would seem, induces the
signers of the London Memorial to continue agencies in a place
like Liverpool, where instead of realising profits, they are
yearly diminishing their Capitals, for the sole advantage of the
Mercantile portion of the Community !

The Directors, in conclusion, beg leave respectfully to state,
that the YORK AND NORTH OF ENGLAND ASSURANCE COM-
PANY come before the public without any inflated pretensions to
a preference either on the score of an enormous nominal Capi-
tal, or of high sounding names as their ( generally irresponsible)
Patrons—they profess to be associated for the purpose of doing
a business profitable to themselves, as well as advantageous to
the public—their Prsprietary are numerous and respectable—
their paid up and available means are equal to meet any pro-
bable contingency—and in case of need they will be found as
able and as willing to discharge, promptly and liberally, every
claim upon them, as any office in the kingdom.—Their Rates
of Premiums are moderate ;—their Patrons are the Public—and
to a continuance of that patronage, for which they are very
grateful, they look alone for success.
By Order of the Board of Directors,
EDMUND BARLOW, Actuary and Secretary.
MATTHEWWOTHERSPOON,.Agent for Liverpool,

7, India Buildinki.
York, 22d February, 1836.

ST GEORGE'S HARBOUR & RAILWAY COMPANY.
CAPITAL £750,000, IN SH RES OF E. 50 EACH.
DEPOSIT, El PER SH
(Oilyinally called Port Wrexham. Harbour and Railway.).
TT is proposed to convert Llandudno Bay, between the Great
and Little Ormsheads, (by means of a Breakwater,) into au
"- Asylum Harbour" for Vessels navigating the St. George's
Channel, which will be accessible at all tunes of the tide for
laden Merchant Ships of the largest class; and as it will be pro-
perly lighted, and contains an area of 1000 statute acres, it will
(when finished) form one of the finest deep water Harbours in
the United Kingdom; and, in the event, of a future War, is
capable of heing defended against any force, by batteries placed
upon the two natural and bold promontories commanding its
entrance.' It utility will be better understood and appreciated
by the following brief statement: .
On the coast of North Wales, (excepting at Holyhead,) the
whole of the coast of Lancashire and 'Can't) bland, and the
south parts of Scotland, as far as the Mull of alloway, being
an extent of about 300 miles, there is not a -•ngle Harbour ca-
pable of affording shelter to a vessel in dis •ess at low water, or
even at half-tide, yet within this range lies Liverpool, the second
port in the British Dominions, at which 13,941' vessels arrived
last year. The immense value of their cargoes, and the lives of
so large a body of seamen, are exposed to continual hazard
during the long winters and the frequent and violent tempests
on those dangerous shores—the formidable Banks which stretch
many miles out to sea, off Liverpool, debar all actess to that
port at low water, and often prove the destruction of those who
seek to enter in the darkness of the night or during the violence
of the Storm, even in the day-time at high water.
The• Railway, (which will be about 60 miles in length,) is
intended to proceed from St. George's Harbour, along the coast
Baffiorrr:elii:n Commerce
of North Wales and the Banks of the River Dee, over a very
level country, abounding with coal, lime, building stone, and
metallic ores—and joining the Grand Junction Railway near
Nautwich, in Cheshire, will form the nearest route between
London and Dublin, the whole distance being thus reduced to
312 statute miles, which can be accomplished iu nineteen hours.
No Railway in the Kingdom can ,be constructed at a less
expense than the one proposed; whilst its prospects of enjoying
an extensive business stand almost unrivalled, and altogether
it presents advantages of a very superior ordei to subscribers.
Its benefits, in a national point of view, will also be great in
contributing to' the' general -Wealth, power, and prosperity' of
the Empire, by uniting Ireland more closely to England, by a
speedier Mode of intercourse -bet weetylic two Countries, and a
more extensive interchange of their resPeCtiVe products-, and by
increased facilities to the Triuld'iiiid Manufactures of
:liare,"the Iron Works and Potteries of Staffordshire, and
to t
oannerce of the Midland Counties in general.
Applications for Shares to be made (if by letter, post-paid,)
to the Solicitor, Mr. 'l'. S. SMITH, Solicitor, 25, North John-
street. Liverpool; or to the following Agents—Mr. WILLIAM
ELEINGTON, Solicitor, Birmingham ; Mr. S. J. RoaEturs;
Solicitor, -Chester; Mr. JAMES EYTON, Solicitor, Mold; Mr.
JOHN LLOYD, Solicitor, Conway; or to Messrs. WA LMSLEY,
KEIGHTLEY, and PARKIN, Solicitors, 43, Chancery-lane, Lou-
don; from any of whom may be had, Prospectuses containing
ample details, calculations of revenue, &c. &c.