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PRELIMINARY I'ROSI'ECTl 



M E R C A N T r 1. E MARINERS' H i\l E AND H S P I T A L , 



TO BE ERECTED AMB PBOVXDEO FOK, IH THE FZaBT INSTAITCE, BT A 



CAPITAl. or FIVE HUNDRED THOU8AKD POUNDS. 



SUSCEI'TIULK <il- A I'KHPETIAL INCItEASE, BOTH BY PROI'RIKTOHS AND DdNOHS. OWNiillS AND SAII.OUS. 



SIR, 

 Tm: gri'iit li-adiiig objvcts of this ualioiinl under Inking arc, to provide a Second Greentcicli Hospital for seamen not in the 

 Ko)al Service— to erect n Dpecii-s of Innarance i» t.i/v against Age, Illnejis. or Accident— to offer an inthicemeul, 

 un|iftralK'lcd iu any other Country, to our Coinnifrcial Mariners, not to he tc»ii>led lo enter into the Service of America or 

 olher Slates, where no sucli provi>ion is, or can be made for Itriliiih subjects— and. in an especial decree to cuhivate 

 habits of pmdeucc in those who hitherio have been proverbially iniprudcut, by offering them, for a very small portion of 

 ibose earnings, (generally Kuerificeii Iu intemperance or to trickery,; a noble Institution, Kood, Clothing, and lx)dging, or 

 an adecjuate Income to enjoy each ; and the whole conferred, not as a matter of charity, but aa b matter of properly, being 

 ut oneo " Tile Seaman's Refuge and Itigbl/' 



All these ihingn are of eiwy neconiplishmenl. The Sailor, should he live lo be fifty years of age, and have paid his 

 tjuola of the Insurance, may calculate on receiving at least ten times the value of the amount he has paid, partly by the 

 accnmulationa of Comp«)und Interest ; parity by ibe deaths of those who pay, but <lo not live to enjoy ; partly by the joint 

 Subscriptions of Owners and Merchants ; partly by the Contributions of the I'otriotio. jind I'liilanthropic, many of whom 

 arc anlenlly disposed lo o^ist lhi» Institnliun; and, generally, from the nalionalily of its character and objects. 



In nihhlion lo these wmrces «if income and objects <»f ulilily. it is contemplated to add lo the I*ro6tj», and at the same 

 tmie protect the Merennlde Seaman from those whom he most emphulically and most truly calU " Land Sharks." by 

 nuiimg ihe brnefila of a Saving Hank and a Loan Inslituliou to the olher, and more important, features of the plan. 



It is proiHueil that a large proportion of the original Capital shall be devotetl to the erection of the Building, upon 

 some site near the 'i'hanies : and that the whole of ihe proprietary Capital, amounting lo £.'JOO,IKlO, shatt be raised by ihe 

 sale of lerminaWe annuilieo for sixty jmrn, al seven per ccnl. per annum interest, redeemable at the market price, when 

 above [mr, by ihe Trvslei-s of ihe lustiiulion, at their option; and when the whole are nxleemetl, or have expired, the 

 entire property to belong to Urilish Mercantile Mariners, and their succeisor?., as a Home and an Hospital for ever. 



It will be necessary in the eonslniclton of Ihe Building lo divide il into classes; hence, under ihe sanction and 

 superintendence of the ablest and the best practical men, all disonler will he avoided ; and station and position ia Society 

 will be preserve<l tu meet ihe views as well as to it>nduce lo ihe comforts of ihe occu|«nls. 



l^arhament will be appUed to for an Act, or the Government for a Koyal Charter, lo limit the responsibility of tho«e 

 who may take Shares as Proprietors. Of course, Beriuests. Donations, or Annual Subscriptions, create no risk, and hence 

 require no proteotion-lhe lutler, it is hoped, will furnish a very large, and consta.Kly increanng, proportion of the Funds 

 of the Institution, which, in addition to the small payments by the Soilors themselves, who shall, in all cases, have a 

 latitude of at least two years, to make up their deficiencies will, in time, dispense with the necessity of proprietorship 

 altogether. In the year I'JUU, if not before, the Institution will belong to the nation. 



These general views are thrown out for consideration and advit 

 departed from, is, a Homk 



The only grand principle which can never be 



AND ITS COMKOIITS, KO(t AriRO, DIXAVED, OH DISAIK.ED SraHKS, NOT OTFIRItWISK I'HOVrDKD 



Foit. With thankfulness, will any suggestion be received, and with cheerfulness adopted, to alter and amend any part of 

 the plan. Already, itidividuals of distinction have expressed their determination lo support the object by every means in 

 their power. W hen a sufticienl number lo form a CJcneral Committee, have signified their adhesion to that object, without 

 bemg expected to adhere to the plan, as sketched out, they will be called together, an.l asked to elect a Council or Hoard 

 of Management, from among themselves, of qualified Member.. Such Committee and such Council, if entirely approving 

 of each other, but not otherwise, will have their names published. It is ho,.e<l that this may be effected during the 

 present Session of Parliament, and nothing but a want of sufficient consideration of its great public and private benefits, 

 cao impede or retard its speedy completiou. 



Every suggestion or adhesion is requested to be made in writing, and will be forthwilb acknowle<Ige<l by 



Sir. 

 Your must obedient and humble Scr\'ant, 



W. S. NORTHHOCSK, 



(Tfinpoiaiir fRanaitt. 

 At titv Offti-t: a/lhv Saliiifort Iu llu- luHlUiilUm, 



June, 1840. 



Mi:ssKH, WlI.Kl.N'sON & P^ 



Oitililh'iU yard, Ijondoi 



