29 FEBRUARY 1840, Page 8

The proprietors of the University College held their annual meeting

on Wednesday. The Secretary read the report for the last session. It stated, that the number of pupils during the session had been 1,005, and the amount of fees paid 14,162/. The surplus of ordinary income over expenditure was emit ; but it was nearly absorbed in improvements.

Colonel Leicester Stanhope was dissatisfied with the manner in which the election of officers was conducted, and with the value of the shares. They were unsaleable in the market, and the institution had proved a failure-- The Professors had nothing to do, except one or two. Tho,a were not on half-pay—they had no pay; and if they were not clever men, having other means of obtaining a livelihood, they would now he starving, notwithstanding all their high-sounding professorships. There were other reasons why the in- stitution could not succeed. Its locality was badly chosen ; and, unfortit• nattily, they could not change it. The next fundamental er:or was, that they bad not made religion an element of their educational sy,:teni. 13a proposed that a Professorship of Divinity he instituted in Uniteoity College.

Colonel Stanhope's motion was not seconded. The report was adopted ; and thanks having been voted to Sir George Grey, who was in the chair, the meeting broke up.

At the anniversary dinner of the supporters of the Orphan Asylum, held at the London Tavern on Wednesday, the Duke of Cambridge, the Chairman, stated that 6. the uumber of orphans at present in the Asylum was 366 ; 14o ;girl and 22' boys. For the better accommedut ion of the sick, the institution had been enlarged in the course of the last vear by the erection of a separate infirmsry, by which a considerable additional expense had been incurred, which he had no doubt would be met on their part by a corresponding increase of liberality." In the course of the evening 1,300/. was collected.