THE BRITISH INSTITUTION.
The following gratifying report of the directors has just been made:—"The funds of the institution consist at the present time of 12,500l. 3 per cent, consols. It is hoped that these funds may be considerably increased by the exhibition of the beautiful collection of pictures now on view at the gallery, which last year attracted such general notice, and which his majesty, ever anxious to forward the purposes of the institution, has again allowed the directors to offer for the inspection of the public. The directors, finding that the two institutions which have been established for the relief of decayed artists, were not only founded upon the most humane principles, but conducted in the most beneficial manner, have applied in the course of the present year, 400l, to the purposes of those institutions; viz. 200l. to the Artists' Benevolent Fund, and 200l to the Artists' General Benevolent Institution." The report next mentions two pictures to be painted on the subjects of Lord Howe's and Lord St. Vincent's victories, by Mr. Briggs and Mr. Jones, to be placed, "as well as those which were exhibited this year in the gallery in commemoration of other naval victories, in the hall of Greenwich hospital." It also confirms the gift of Mr. Hilton's and Mr. Northcote's pictures to the new church at Pimlico, built by Mr. Hakewill, and to the chapel built by Mr. Cockerell, in the upper part of Regent-street.