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LIFE INSURANCE COMPANY OF

Leading Bankers and Merchants are availing themselves of the NEW

Investment advantages of the Company's Endowment

Policy with Life Option.

Accumulate Funds exceed, £30,600,000

BANKERS-BANK OF ENGLAND.

YORK.

Bonuses Paid in 1890, £575,748; an increas over the amount Paid in Bonuses in 1889 of £13,-99. The BONUSES declared on the Company's Whole Life New Distribution Policies of only Five Years' stanaing range from £1 19s. 1d. to £3 128. 7d per cent. per annum, according to age. ACTUAL RESULTS.

A LARGE BONUS.

ORDINARY POLICIES.

The Bonuses declared on the Company's Who e Life New Distribution Policies of only five years' standing range from £1 19s. 1d. to £3 12s. 7d. per cent. pe. anum, according to age.

The Company have recently forwarded to the holder of policy No. 278,127 a cheque for £1,099 13s. 6d. in payment of the cash value of the Bonus for 1891, the policy being for £10,000, and issued in 1886, on the tive year distribution plan. This return is equal to an annual cash bonus of £2 4s. Od. per cent. Many of these policies are reaching the bonus period with results very gratifying to the Insured. The New Six per Cent. Consol Policy now being issued by the to whom a good inve tmeut may be of more moment than Life Insurance. Head Office for the United Kingdom: 17 & 18. CORNHILL, LONDON, E.C.-D. C. HALDEMAN, General Manager.

The total payments to Policynolders to Dec-mber, 1890, amounted to £63,469,822, of which upwards of £16,500,000 were bonus paymentsmore than twice the amount of Bonuses paid by any other Company. Company is specially devised to meet the requirements of people of means, This Policy meets both requirements.

GOLD PENS: MABIE, TODD & BARD'S

Manufacture, are 14 carat tempered gold, very handsome, and positively unaffected by any kind of ink, They are 1o. ed with selected polished iridium. The Encyclo. Brit.' says:-"Iridium is a nearly white metal of high specific gravity, it is almost indestructible, a beautifully polished surface can be obtained upon it." They wul not penetrate the paper. Writer's cramp is unknown among users of Gold Pens: One will outwear go gross of steel pers. A choice is offered from 250 various shapes and points. They are a perfect revelation to those who know nothing about Gold Peus.

DR. OLIVER WENDELL HOLMES has used one of Mabie, Todd & Co's. Gold Pens since 1857, and is using the same one (his "old friend") to-day; it cost him only 9/6, it would have cost him, in money alone, over £10 to have done the same work with steel pens.

"SWAN" FOUNTAIN PEN, 10/6, Broad, Medium, or Fine Point.

MAGIE TODD & EARD NEW YORK

The "Swan" is a Mabie, Todd & Co. Gold Pen joined to a rubber reservoir to hold any kind of ink, which it supplies to the writing point in a continuous flow. It will hold ink enough for two days' constant work, or a week ordinary writing, and can be refilled with as little rouble as to wind a watch. With the cover over the gold nib it is carried in the pocket like a pencil, to be used anywhere. A purchaser may try a pen a few days, and, if by chance the writing point does not suit his hand, exchange it for another without charge, or have his money returned if wanted.

Illustrated Price List, of various sizes (with testimonials), will be sent gratis and post free: Address postal card to
MABIE, TODD & BARD, 93 CHEAPSIDE, LONDON.

1889-GOLD MEDAL, PARIS-1889

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Butler's Musical Instruments.

VIOLINS, GUITARS, BANJOS,
FLUTES, CLARIONETS, CONCERTINAS,
HARMONIUMS, PIANOS,

CORNETS, & BRASS BAND INSTRUMENTS.
Violins, in case complete, 20/, 25/, 30, 40, 50/, to £10.

THE LARGEST ASSORTMENT in the KINGDOM.

G. BUTLER,

29, HAYMARKET, LONDON. Illustrated Price List sent post free.

&

HORNIMAN'S "SWIFT" "CLUB"

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CYCLES.

THE LEADING MACHINES.

WORKS-COVENTRY.

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LONDON

15 & 16, HOLBORN VIADUCT.

MANCHESTER

9, VICTORIA BUILDINGS.

Catalogues Free. Gradual Payments.

COVENTRY

MACHINISTS' CO., Ltd.

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The Peace

SEPTEMBER, 1891.

PRICE SIXPENCE.

THE PROGRESS OF THE WORLD.

NOT once but many times in the last keeper month even the most vehement Russoof Europe. phobe in Europe must have thanked God for the Tzar of Russia. The events of the past six weeks have brought home to the dullest mind the fact that the peace of the world lies in the hand of Alexander III.; and fortunately it could not be intrusted to safer keeping. The extraordinary demonstrations of enthusiasm with which the officers of the French fleet have been received at St. Petersburg and Moscow would have been serious indeed, were it not that the policy of Russia is directed by a strong and silent sovereign who re cognises simply, but in all sincerity, that he is called by God to maintain peace in Europe. Imagine John Bright on the Russian throne, and you can understand something of the determination with which Alexander III. discharges his appointed task as peace-keeper of the Continent. Much as we may deplore the persecuting policy by which M. Pobedonestzeff has disgraced the present reign, neither the May laws against the Jews, nor the attempted suppression of the Protestant Revival, should for a moment blind us to the fact that it is an incalculable benefit to Europe that the power of vetoing war is vested in the hands of the man who perhaps, of all others, is most resolute for peace. If the young Nicholas sat on the throne of his father, the peace of Europe would not be worth six months' purchase.

Visit of the
British
Fleet to
Cronstadt.

Sept. 1, 1891. Those who think that the welcome extended to the French Fleet by the Emperor indicates a disposition on his part to encourage the war which is the recognised end of all French policy, will be undeceived when they see the same welcome extended next year to the British fleet in Russian waters. Such a visit is quite in the natural order of events. It is more than thirty years since the combined French and British Fleets visited the Russian seaboard in the Baltic and the Black Sea, not in peace, but in war. Our old ally in the Crimean campaign has now made a friendly naval visit to our ancient foe, and all Europe has witnessed the hearty warmth of the welcome which they have received. When our fleet next year follows the example set by Admiral Gervais, there will be less fanfaronade, but the Tzar will be even better pleased to welcome his naval guests. If, by a little judicious common sense directed to the utilisation of our resources in Royal personages, the Prince of Wales could take advantage of the occasion to pay a visit with his wife and eldest son to his Imperial brother-in-law, a new, a significant, and a very valuable illustration would be afforded the world of the healing of the old feuds of bygone wars, and the sincere determination of both Empires to support each other in maintaining the peace of the world. Such a programme would be received with enthusiasm in our Navy, and it would afford a

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THE DANCE AROUND THE NEW TREE OF FREEDOM.

A

MIXED COMPANY.
From Kladderadatsch, August 9, 1891.

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