The Agricultural and Horticultural Society here hold their meetings. The building is a great ornament to the city, and is very conspicuous, both in coming up and going down the river. The reading-room is most convenient; newspapers and periodicals are, of course, always found on the table. There are fresh arrivals of books by every steamer; and of some works, more than one copy. The public who are non-subscribers, are permitted to go there and read; but unfortunately books are occasionally lost. The Bank of Bengal is the next building in order. It has a capital of £1,000,000 sterling; and the Government has many shares in the Bank. At the time of its formation, there was no Bank; the houses of agents and merchants being _quasi_ bankers: _i.e._, persons for the convenience of procuring money when wanted, lodged with their agents, sums varying from £300 or £400, to the amount of even £10,000. The insolvency of the great house of Messrs. Palmer and Co., in January, 1830, the first of a series of failures of the leading houses, to the extent of many millions sterling, induced many persons to seek for a more sure plan of deposit. In the Bank of Bengal, persons can have shares, and obtain a fair annual per centage; or they may have money in deposit for a year, or even a less period; or, if they like, they may have it in deposit with interest. No account is opened for a less sum than 500 rupees; nor are ordinary depositors allowed to draw out less sums than fifty rupees at a time. There are three directors, who are civil servants of the Government. On the failure of the Agency houses, it was thought necessary to establish another Bank, called the "Union Bank." This establishment was not conducted on banking principles. Loans were made to carry on indigo factories. To recover these advances, the factories became mortgaged. Still the persons who had them, thought that it was necessary to work these factories, instead of adopting the wise course of a favourable sale. The directors also made advances to the Agency houses, which led to the negotiation of bank post-bills, at ten months' sight. The ruin of the Bank became inevitable, if both the factories were unprofitable, and the houses failed. The upshot was that indigo fell to low prices, and as a consequence, the houses found their sales of produce decline below par. The failure took place in the year 1848, and all the Indian world, and the merchants in Great Britain, well know the result. The insolvency of this Bank pulled down, in the crash, all the shareholders, and ruined many widows and orphans, who were living on the interest of their money, which was lodged there, and which was their only income and source of maintenance.