The Council are anxious to make the Institution a credit and a benefit to the whole body of parishioners, and by fixing a low rate of subscription, to enable every person, however humble his position, to become a member, should he have the inclination to avail himself of its privileges. The rate of subscription to a large proportion of the members would not exceed 3d. per week, the highest being one guinea per annum. In reply we informed Mr. Bull “that we were of opinion that £30 per annum (being the interest upon £1000) would be a fair sum, alike equitable to the members of the Institution and the ratepayers, to be paid as rent for the suite of rooms and the use of the hall one evening in the week, the Institution themselves bearing the incidental expenses of lighting, warming, and cleansing the same, as stated in his note. That if the council agree to those terms, and will make a proposal to that effect, we would lay it before the Vestry for their approval.” The Council then addressed to us the following letter, to which we have given the most attentive consideration:— “19, Walpole Street, Chelsea, December 3, 1860. To the Committee of the New Vestry Hall, Chelsea,—Gentlemen,—We beg to acknowledge the receipt of your letter of the 21st instant, and to thank you for allowing our Council the use of your room for their weekly meetings. The Council have taken into consideration the proposal of the Vestry Committee for letting them the suite of rooms and use of the hall for £30 per annum, as a rent for the same, besides paying all expenses incurred for cleansing, warming, and lighting. The Council are apprehensive that this proposal may prove a stumbling block to their future progress! The object of the promoters of the Institution was, to establish a Literary and Scientific Society so comprehensive in its objects, and at the same time so accessible to all classes, that it might possess almost all the advantages of a free library, without its inconveniences. To accomplish this desirable end, the Council fixed a low rate of subscription, so that the industrious mechanic might share the advantages of the Institution, in common with all the other classes of the inhabitants. In order however to meet the views of the Vestry Committee, so far as the faithful carrying out of the above purpose will permit, and also to expedite the arrangement between the Vestry and the Council, the following resolution was agreed to at a special meeting of the Council on Thursday evening last, the Rev. Frederick Blunt in the chair:— “Resolved,—That in answer to the letter of the Vestry Committee of the 21st instant, the following proposal be submitted in lieu of that contained their letter:—