I should just like to relate a little episode that occurred in my very early days in Calcutta, which nearly resulted disastrously for every one concerned. It will serve, amongst other things, to enlighten people of the present generation as to the wide difference that subsists between that time and the present in respect of the treatment of policy-holders generally by insurance companies. The firm with which I was then connected were agents of a Hongkong house, and one of our duties was to pay to the Universal Assurance Company, half-yearly, the premium on a policy on the life of a man who was staying in England. I forget exactly what the amount Was, but I recollect it was something considerable. One fine day I was startled beyond measure by the receipt of a notice from the then agents, Gordon Stewart & Co., to the effect that the days of grace having expired for payment of the premium, the policy in question under the rules had lapsed and had been consequently cancelled. My feelings can be better imagined than described, as I alone was responsible, and I was fully aware of the gravity of the position. I made a clean breast of the state of affairs to my Burra Sahib, and he instructed me to go straight over to the agents and explain matters, and at the same time authorised me to offer to pay anything they might see fit to impose in the nature of a fine. I got very little satisfaction or comfort from my interview with the head of the firm, a Mr. William Anderson whose soubriquet was Gorgeous Bill, who told me that he could do nothing personally, that the matter would have to be submitted to the directors at their next weekly meeting, and that the probabilities were that they would enforce the rule and cancel the policy. The following few days were a veritable nightmare to me, as I fully expected they would act as he intimated they would and as they were fully entitled to do. At last the fatal day arrived, and I waited in fear and trembling outside the Board room, whilst the directors deliberated over the affair. To my intense joy and relief they announced their decision which was to the effect that they had taken into consideration all the facts of the matter and they thought a fine would meet the exigencies of the case, but I must not do it again. As far as I remember the amount was Rs. 150, but the point of the story has yet to be told. Whilst all this was happening the man was lying dead at home having been accidentally killed by a bale of cotton falling upon him when passing along some cotton warehouses in one of the streets in Liverpool. [Illustration: Old view of Bank of Bengal _Johnston & Hoffmann_] [Illustration: _Photo. by Bourne & Shepherd_ Present view of Bank of Bengal] PART II. Topographical.