28 JANUARY 1865, Page 3

A meeting of the Board of Management of the Bishop

of Lon- don's Fund was held on Tuesday to hear the first report. Of the 1,000,000/. sterling which the Bishop proposed to raise within ten Sears, rather more than one-tenth, namely, 100,4561., was raised in the first year, and a further sum of 72,003/. has been already promised for the future. The balance which the Committee have now in hand for further operations is only 22,1201., so that it is .clear a great annual effort not very much less considerable than was made last year will be needful to meet the spiritual destitution of this enormous diocese. During the past year the grants have been expended in providing eighty-eight additional clergy (forty parochial curates and forty-eight missionary clergy). Four par- sonages and eleven schools have received grants in aid. Forty-seven Scripture-readers and fifteen parochial mission women have been provided. , Twenty seven mission stations, with their school -churches, have been provided from the fund, and nearly 20,000/. has., been voted in aid of permanent churches. Even in what they have already done the Committee have not been able to keep to their standard of one clergyman for every 2,000 souls, but on the contrary, have only been able to reach one for every 4,000 souls,—about half what they had intended. In short, while the Committee have made a good beginning, the sums placed at their disposal are even now quite unequal to the vast work which +demands immediate aid.