The Express. — London, England, 1858-02-13 00:00:00

TRIAL OF THE DIRECTORS OF THE ROYAL BRITISH BANK. THIS DAY. The trial of the directors of the Royal British Bank ocissabspesd to-day before Lord Campbell, Lord Chief Julies of England, and a special jury, assembled in the Coon of Queen's Reach, at Guildhall. As might be expected from the enormous interests involved in the raiz of the bank, from the importance of the lame on which depose& the character mil lib.irty of the gentlemen Err arrelmeed on a cnininal charge, but who have hitherto euenpied high positi4lll in society, awl the novelty of suck an indictment, public attention bee been long directed to, ea it will doubtless be engrossed by the tri *1 during its program. With the view of affording greater accommodation to the hear, the piton end the general public, the court has, by s dilution of Yr. Secondary Potter, Mr. Under-Sheriff Mod, sad other civic authorities, undergone considerable Mlngstions and improvements. The first row assigned to Qassa's 000U011 has been thrown back so as to afford a larger guns between it and the bench. In these arrangements Miry possible attention bee been paid to wars the con- IPUBWICO and comfort of them who hereto report the proceed ings. The Hon. H. Campbell, the aemx-iate of the court, mid the other officers generally, merit our Lest acknowledg ements for the localities they do readily and cheerfully afforded us in the dischsep of oar duties. The court WWI apecied tor the sdeolsenn of the public at ball-pact nine, and from that hour op to the comnirccoment tithe proceedings it credsally tilled until the entire area Vero rovored. Thee` wee a very full attendance of the gentlemen of the long robe—the two drat rows being nearly entirely filled by the cannel enraged for the prosecution and the defence. We may here mention • matter which indwates how mach the Mine involved will depend on docu mentary evidence, a room in one of the powers being nobly appropriated to some hundreds of waive folios, the appearance of which Inglicatei that they were the books of the bank. _ . About half-past nine the several defendants MEW taco court sad took their seats is the body of the oast, in front of the Quecit's counsere row. Thy per.ons of many of Him being unknown to the public their appearance attracted Very littlegirneral notice, nor was there anything in their ilesossaottr, during the preliminary formalities, or the opening statement of counsel, which indicated that they were other than ordlitsry and disinterested spectators. Thum are three separate informations filed against all of Has late directors of the Bank. They are laid against Humphrey Brown, Edward Eadaile, Henry Donning Ilfacleod, Loraine de Wolfs Cochrane, Richard Hartley Kennedy, Willi tro Daniel Owen, John Stipleton, Hugh hoes Cameron, Lockhart Mum Valiant, and Frederick Valiant. Ali thee gentlemen, with the exception of Mr. Cochrane, have surrendered. We may mention that three Informations hay. been filed, although each charges the same offence, became some of M., persons named in the different Informations are not liable with respect to the whole of the lime for which the others are. At ten o'clock precisely, with his usual punct i ti t al m ilthe Lied Chief Justice entered the cou rt , accompanied the Priztce of Wale, who took his seat on the bench i ly On hie lordship's right. Hie Royal Highness was 'mom pealed by his tutor, Yr. Gibbs. Lord Campbell, on Liking his seat, mid—Before the p,o- Mardinp c4oomen.e I wish to take an opportunity of ez pressing my earnest hope that, while the trial gem on, there will lee no cowmenie en it in the public journals. Some 'odors hoes expressed an opinion, and have acted upon it, that during a trial of coneiderable truth tta soosout of it should appear in the public journals. From that opinion I entirely dissent. I think that it is desirable that a fall and 'Malta account of the proceedings should appear in the publie journals, because, in fact, that is an enlargement of the court indefinitely, and makes the British nation mo nomial the trial. But as it would ke inamorata in the court that any COCILLIWAt• should be made, I think it is improper fist a journal should make any comments 01% the proceedings mid the trial it over. The jury ere not secluded, and it is = n ierees rea t g that they shoul partisan t s not on be expi om md e to r the temp- It would be lamentable if partite accused should auger from r _ any attack the,and - any partisan defence which ad& lead only to retaliation; thereon, I do trust, until the trial te over, that all comments on the proceedings in publie tj:l6will be suspended. After the trial is over, all her Isty's subjects may freely comment on all that may be aid or done in this court. The special jury pane was then called over by the sago elate. One gentleman came tinned, and,addressing hia lordabip, requested to be eteuecl from serving on the jury, on the ground that he had mitt, d the proioidings in the hank- Prof the defend:tate, and his mind was therefore pre ed. He was accordingly excused. The following gentlemen were then sworn on the jat y : John L'we, 10 St. Ssrithin'e-lane, merchant (foreman); William Dimiciale Child, 8, Finsbury-place South, merchant; Jonathan Chapman. 9.5, New Broad street , merchant; Tito seas Paget, 154, Upper Thames-street, merchant' William Ripley, 14, Mincing-lane, merchant ; WiDlas Ifielett, 149, Upper Thames-street, merchant; Ammeter Toulmin, 15, Great St. Helen's, merchant; Beasseent Hankey, 7. Mincing-lane. merchant; Henry A 6 Bevan. 9. John. street, America-square, merchant ;= Benjarom Herman, 12, Backleribury, merchant ; Malan Midland, 4, Brickhill-lent,merchant ; and George Handl ton Prowl, 11. Lime-street, merchant. The defendants charged ander the first indictment Wive then eirt;gaird. They were—Hamphre Brows, Edward ledaile,lienry Damning Macleod , Kandy Wheel Daniel Owen, John Stapleton, and High Inns; Cameron. The following counsel conducted the ease for the present tins on behalf of the Crown :-81r F. Thesiger, Mr. Ather ton, Mr. thejeant Bellantine, Kr. Welk, and Mr. Joseph Brown. Atterseys—Mars. Linklater and Co. The following harmed gentlemn tormented the de fendants For Mr. Brown-Mr. Huddle** Mr. Kennedy, rid Mr. Bell. Attonwp—Tucker, Orrin* and Tucker. For Mr. I. 3s—Mr. Edwin Jams and Mr. *plead. atairarys—Feadas a* Co. Far Mr. )) —Kr liegivent Sea and Me. D. D. Rao& AVarsvp—Waher sad Mews. For lb. Owea—Mr. Slade, end Kr. Works. After saye—Bernes and *mud. ler dr. S= 7;__ Sir F. Kelly, Mr. *4l, nod Mr. FiveldeM sad Newnan. ner rid te. OrewsMe. Digby Nemo* Alkeenye— Dielerell ad Bees M. Keeled ves ant repriesaled by esesssi. BDe sell dims en Mews. Card* end Ce. M. Joseph Bre* wed the pleadings. The Set seed =dictated Ihe *Mehl awn. • the le tersest that as raisin d the awd Zlr were la • peee game cosildea &rig the whole of the pre 1165 sai belt d the set 1566, and for that wpm, In air to carry owl the cesepireey, to palish a sr/wet of as slain dal busk le Aware • divided, lies la Set as dividend ha been wend. Several overt eels were tin edent, ad thine were sevenil other counts, =een verylng *etc and, rid theYend with &tramline Sesse=eirlethen. Mr. bleb Imes requested his kedeltip to dined that the ellheigini he Se prostration should withdraw. Lard Cemplie—lat all the witnesses on both sidle ha* W evert. Sir F. Meager then roes to address the jurF. He rid—la discharging his duty on the part of tie be could not help ex g his great eetiefaction et the delay that bad taken in the trial of this important ern* which bad the public mind to calla dews to a stele proper for deliberate inquiry. While the events were recent, mot public attention untl e excited, it would hare been next to to hare prevented • Deity, and therefore unit* tice, grounded on prejudice. In the present Staley tint rata of feeling bad paired • hurter pat& WM. - Otber ' proceedings with repeat to beaks bed Messer near abaregbdic attentien. Tbs seiei the Sigel Bri ll& Banksanity wee an kart &tamers ea, and they *re now be hoped le epperilits terry wi th that admen &settee whisk - the of re err and with that imperially mare was geese *Ado of the sibeiniereder of dr iv to an Nor Lk- seer dives i.. In Istroderrg tie tees to ihelr saw des be ieald resew to roles limit as drays Its roll Is • der and re* slorroat dike hole under width Alteroy-Oomenl bra hi It to be be. dry to di re peer Irlarrader Is sbeell than its err berry, be wr afraid, nt their planes end .Melba. The has wens various sad voluminous, Int they _weld lead le • dadspoint, and be loped to be =Wed es pew* thee la esilt • owe* as ad only to conduct the are with fair** bat to teethe* theei irrlebmrs. The Iskiesstion wee * resty—m al cla i re whisk bed Ls= sers eme. bet It ..a7b eui 4. ens,, °brad smear derritios, veer sodlekatly air emil = st r y Se purposes al the premed ems It bed bee ac and bad ben ispeeld ow sod err sea miry or irk, that the oiler of wityksay esooleted la die iar listsona of pram eilr to de or imbidel ost, to Is is a beds! at by oriewil isms. Slat mere to sahlrely Ciehr dts reset weede r brows rrim reold mop war dhat delleldea membreder of poem Is Os pies d brlvidnal or the pudic, was eadonleeDy a re re erns of There wee die pase ormeimi or re cdree. e =i 7 ; act that was ire by gpgismat wad most lereser the elf brow wear debt le dr =leer of an Siblerst, al though it then agile INN 1111111 by ratt Wielded sepa rately, pot withelesileg Ow err morally wag, id peruse would ant be erdy responsible be titter The delsodants were director of • joint rock hairy GENCE. ttrot•►t.) M 0•T MORNINO. e this morning, defend and con- Dined upon some peror has neither %sures ; they are rriminala dearly itnessed the Em event of misfor t Isne he of Cast ile, on, and snake of 'MI. 12, 0.30 TART TO THE THE HON. THE SDI* HOUSE. CUTTA, JAN. 9. ng marched to , the rebel at the r attacked and de , with heavy loss, n I•4•pounders. wt opposition on vs now evacuated aking with them found in position. gun and clothing at and other pro peen captured near attacked and dis- In on the 17th of captured and 300 21y._ at Nlympooree by th of December ; killed ; none To- :ad of December, As, who had ap e loss on our side guns and er.Teral fat has dispirited the villagers, who Ito our camp. be Ganges at Ms ' attacked and de indra, killing MO and one (gun ?). ttacked, and some nindra will reatore attacked and de lis 26th of Decem ana and all their malty on our aide. writes that Maha -1 at Pudravna. :Is retired to Capon n most orderly and ▪ flock to the camp force was expected of January. he oth by the forces or. The enemy had but made a feeble oken, and 200 mea Ghoorkas killed and and 'applies 'bun• cops of the Itewah by storm on the 28th taken on the 3rd of us been re-opened. a come to Agra on the Tenets river, and 6 into Nepaul. I sent against thew ;posed they will fall ok -out for them. • wandering about lave been killed and t Wantry and the ounded of the Lock ett& co the 9th d RAVEN. JINA MAILS. the Penman , sad ispany midi the hi with the India sal in lad evening. it 10 p.m." Rh, Iliwao. army estimates d from April I, 1849., ,135, bdng aa ioefelllS lama in the allactre I, pay, aad allowanona, 90/ , ditto sdaosilanaost of 62,406/.; emt, xlied DOW. , volunteer rorf ivd Eatublinhoirmte I. for War, and of the 2,9771., • derreaw of Nem, military at. n :tiag•—•••••y, rente. 27,2391. ; Ingo 01 171., an Increase a 111011111114116, e 89,1604 mlikas, forage, IC". 11. ; warlike Mara for • Maitre of 46,6361. a, 290,130/. ; Owosso. barracks, 665,329 1 . ro item of 130,666 1 . 163,2871. ; a decrease of an 9,296,31 W. apkiel rams to be voted •re el ice, 25,3301., • decrier ,6111. , diensio, 3,4831. s, 621,2071.; decree" iipecliceste •➢oraeeaa. Woe •od alloweaese is, 3,38 W. Is-peceics. ✓ice, 1,202,8031.; einem, 130,4101. ; in• live services amount 011 ear. re 'orrice, to be earl. Wing • net increase al THE EXPRESS, SATURDAY EVENING, FEBRUARY 13, 1858. =awidth obtained ea unhappy notoriety under th e do Royal Batik Bask. - It wee established by clutter trout the crows, is the 17th Neumlier, 1849. It continua to carry on tabulates nidll its dome were closed on the 3rd &paths', UM, whim proesediege in bank ruptcy were taken against the company, and its ▪ re ware now being wound up under the di rection of the Court d Chancery. Four only of the dakmdanta, Redone, ICeseady, Owen, end Cameron, were among the original ithrecton of the undertaking. When the beak was projected a prospectus was issued by the defen dants annotutcdng that it was their intuition to form a Joint Stock Beaklag Company, with a capital of 600,0001., liberty being reserved ta increase that capital to 1,000,0001. In that pros:•ctus there was a remark able purge to which reference would be made dining the present airy, Mating that it was intended that the charter of lion should contain, among other pro riskier, one to the effect that the concerns of the bank should be wound up, if at any time it .hold be found that the lows amounted to one-fourth of the paid-up espied; sad la every prospectus which was issued, attention wee called to this particular powers by an asterisk, and renterla wan annexed of this kind, " it is therefore manifest, eat the depositors can incur no risk, and that the share hiders know that their liability , will not exceed one bath of the paid-up stock, Instead of their risk Whig, as ha almost all other banks, unlimited." If • clans of that kind were honestly observed there could be no doubt it would produce a species of limited liability to the extent mentioned for the protection of the shore holders. Greet straw was laid on that clause in all the prospectuses lathed from time to time in the various advertisements in the newspapers and in the answers to personal spplicatione to become connected with the beak ; and it would be found that when the charter was ob- Mined, and the deed of constitution executed, this important clause formed the 71st clues in the deed. Although the com pany had immured • duster of incorporation it could not commence banners not only until the whole of the paid-up capital wae eubrcribed for, but until mac-half of that capital had actually Wen paid up. Now it was found very vein utterly im practicable to rain the large sum of 240,1100/., the moiety of the capital of 600 0001., , which was originally to have bees the capital of the beak, and accordingly the defendants thought it right to Moen the amount of the all&lwith which the bank was to start to 0001., thus rendering it neteseary 50,000 t. to be raiirl, and • ornorial was promoted to the Board of Trade for that wpm The charter granted genniadon to the company to me dr grid designation of the Royal British Bank. He =hat was an unibthanate ronceasion. It was to render the bank more attractive and imposing. Bin the dada, was eldisk Mr. Cameron wu appointed =memerger. with* Wry of 1,2601. fur the first year, Ike the eseant, 2,101 L ler the third, with a rise in the added every year atO the aervath, with an allowance for hshoesit, and with ciomminekin, under an 'grummet, if • certain amount which was afterwards to be seantakeed and determined upon the profits of the eddiihamat. Notwithstaading the reduction of the =awl ad he see eery mount to be paid up he Meth meld easamense limitese, persons were very der in earleg is wlr their areeir, and several of the Gilead '.we dread to pay, and others desired to he,. their deposits rehenei Gem if them gave promissory I she et ether swathes Weed of rob for their animate Id alarm. The capital r3leenninal hisient, and rendered ft Impsedble foe the lank to 'pesos waseriginally intended, in he math of . 17Wsr Oases el/cemeteries a mod meet wee made to the public, in the nature of a whisk was issued by the defendants, addranad particularly to the middle end bum bler dime, pointing out to them the great ad which would result from their connexion ul na : l C bank, and stating that the delay in the opening W been occasioned entirely by the alterations in the bushed premier., which bad not been completed, and the public that their steps though slow would sure ; that they preferred certainty to speed, and remembered that the oak was at first but an acorn. Notwithstandingg this attractive address, still that nocesseryearital renamed The permute of deposits midi were NM per disme, and also the aW which wars mods by instahrads hr the purpose of making up the M. per cent, were paid into the Bank of England. Of course dinvite were draws apes the fund from time to time ail ming ethics a very arskkesbie one, which was made to Ike edam d the bank he 7,0001. ; also one to the dilu tion Pee et eil for 0004 allerwarde Increased to 1,1001.), for Irksome's dews tear Ode of getting the charter. These ash tillmlalsol - the funds of the bank, = I : • to red& de asersary capital ter commencing 11111.1111 with, end Is the math of November there was dill a deficit in the paid-ap capital of 600,0004 of a sum if 14,5001. The directors then made an arrangement with Mr. Cameron, the gems' manger. He gave • pro missory note for 14,3001., which was the amount of 601. w share on SO shares which had not been subscribed ihr, and with that promissory note and other notes which were held by the bank la raw& of other allotments, the palhap espied au deficient to the extent of 7,4021, But, that see the cue, the directors, among whom wtlit e l=ind e rien, acrid. a which Trade, elating had i b b i ta sow shim; that the necessary capital, hod he air hest subscribed for, but paid, and the Winds Orme the authority which was required hew the lea eselteemeasses business. Upon that au ikor the lair emir 17th of November, 1849, um opmsd sith may peat diannity. At that time the eandield deb it, were the three 1111 beeps the late esembee for Glasm i lhs Aldus we der governor dthe bank, sad Mr. Hadah, ie deady-ekairman. Hada, our Irma the bet re of he Meseta% ad antinuad so rail the ellease of the bash Ddlag that pried he Mid the ohms semorrively eirmarase sad de tity-preencr. Aldan= Kennedy was en din brat He was also the Ant deputy punide. the d al im amity-governor fat heirey, 1660, 1 Vg id altled the dreellan, bit be returned he ft soda h 1854. Owen vas ass el the edging direr tees; be esallased • dimmer se eil ; he that hat out lt Ist was re-eletest Paispy, esd i= berm pre deputy-war el the bunk. as deetie Meek was pond manager, and he oo Ci n= in hid Set ilea down to • grid lured that which was mired by theherest He now turned to adiedsildialan.ll.lkewaodsbeemas adirectorin Feb., UM, malland de see bayed rho pried embraced by the hillstarint. Mr. Maksed, who was• bardetse red eta-law of Mr. Osamu, berme • hirer a Angust, 1113, and con tinued to M we see the the el Ihe book. AMA Cooli sh @ they sad set ohm theseehte es the pellet eats. elos bush be had he he sethey. He bed hither pheded see siendekeed le labs ha Mal, red Merlon so he es he pa et he.. we. amoral they, were ate aid ups to Lentos es 7 spialeo. although some trooradons adasoled with Ide none would necemerily be obehei hob Kr. Stapleton, who was also a barrier, end meelter ie Barwick, was the last gentleman who joined the abeam. He beos a director in July, Mad, ad miined • director down to the skipper at he bosh He bet a very active part in its Oaks, sad dries he War part of its existince he was de pelpsomeasr. A IN then the phloem d peet arse; mew at din SI put espelesee—ell, be belirred, ate d wholly sit ebb M war tal Its duty 'lda they lad ushrithat es di dohthews_ Alpha! spa arm dhelhge MOW iseeeir. The Hoehn aid smetel raw hie airmeed whh he ha mil ungiste al segerhierbsee el the make et he beak ; a li a l U emi ebete shed' be esq mishap ea the he d adellbellan tibia they terested, asi by= mew bunk peseibul le the oh hued sad Hided del Ore &eh hoe bat The herald thessi he. bed the phelpl el the chum in the deed of Nth beet ; Nom ether lb they aspired that a full and ago& alneement et is whole dears ef the bank ahead WWI linftwah ban the shareholders, and that he Melinda dada only ha paid est of the dear poets of the eep isl atemill eiteuedl and reamed. Another dame die the wadi` rep of the bask when Med bed edemsted all ths eorpigr • neweed and, aid she rarharth of the paid-up hived thaesilme, dark he the dbactors to p miry, males they wilily &hied hum the slA s ight s zat i a. lie would saw scadhe what wee heir and whet hair men ant. Med it .d he Our wh bribed reposed in them far eeashi the sensoa of this per gads:tak ing? And he. be vela der up an apyrahninks which had been entaredad with ramped to the nature of the charge which was intamled Its be Inhered against the defendants. It would !labia oa r lowe various trandotions of the directors with the had areal to that Is., of the. were cd alia it hip;l k est, the el sel ia t z rer thenotor, but the he sot that they bed la sub Mom that they had wry asarisehis dad a due level le the deb= base bees av oided. e.m That might be• wry psi hr rasplant by those who hol sifted by the mlessahar, but it was not the pond Id • aloha *pig. The complaint which was agsaet ediegnalle was, that by imprudent sad b= hebelak boa state of hop.- me then, by various dissentdilarrd are mg mieepesestations, ads shd the eleraeliestheir eeelesere, and the public into the hid Oh the bank wee in • solid, amble, sad heelibles ashioe, eh tabbed then dim to maim delta stake In the to ea eon- zed hadelde with the bank Is the lase tub the dare of many of their hoar. Eh p. Hedger that mimed into a statement of the various trimaarlds epos Mae that obarp was &undid. He Warmed Un ita le Imes heede—first, the actual Mate and con- Aka hie which the bank had been brought IsarlllMeNnellenent and misconduct of the detai l* whether at the time of these era and they were aware of the Mate and posit ion rtro br maliZa h thirdly whether with that knowledge they Mil hiss and fraudulent isirepessatations mg fraudulent acts for the pmpmw el he lens state el thinp, and hi tW nand" pros.' whits the r...eu ngd f a charge el am tatai==e suer hewed mees ti. agek arremitersedvolart br ar - Its by shuhees hybeeSeiset tsetse. WPM the had • mmeiderehle lard the aides of w bed bed natirely lad. Mr. director bed eihmer lo the carat cd lt hr S the whale of whict r vilk eesights el TOOL, bed bas ta the ab. ahahsebe w elliellete, eh et fret to the Usk, had asserts the sleet et Ana n is li a both* tomolbstohl hi thefts eiti bed dill , ltrit bad elm= to the heat et abed 3,0004 at *hid MI best torts l leMh se 87,00 W. had been samara In Yr. Cameron, the mini masget, of which 33,0001. had boss wholly lost. The learned honing soured Mks a detailed aooount of the mine ftwi at Cameron, which were kept as wro ngs accounts in a bask know' as the " Green Melva'," end mak a hagthy atatarsat to show that many of the amounts =dis the half yearly accounts of the tanks as seared yers last to the knowledge ot the deftedants—wholly lat. Sir IP. Theaw also gave a history of the trenactinew oldie beak with n•mos to the minas in Glemorganshire, and trhkit le said, more than any others, contributed to halagnis upon themeriven and the shareholders. The bank advanced largo sums apse the security of these maws. A clerk at the bank was sent down to the works. The I advances bl Joss, 1861, by the Link to those works we I 48,0001., being nearly Um full amount of the paid-up capital of the bank. Maar*. Dtiralar sod Swift required a further advance, being unable to pay their workmen, and the beak consented. If the parties gave them a warrant of attorney, for 10,0001. The hank did advance 10,0501. tori Meows. Duralerr end Swift to pay a composition of as. t3d. in the pound. The whole amount advanced by the bank in respect of those works was 65,0001., whereas the whole value was 23,0001. The works awe thrown on their hands. Ar rangaients , were then made with a Mr. Clarke to carry on the works, and he resigned hie appointment se director to enable hint to do so. But Mr. Clarke found he had tuidertuken a task too strong for hie efforts, and he again threw the matter on the hands d the ba nk. The result was that on the 3rd of Sept wither, 1868, the balance sheet showed 129,00 W., and the leas on that was 120,000/. Re thought he was justified in saying that a greet contributory to the emormons losses of the bank was these works in Olamorganthire. At the end of 1853, the bank held bad bills amounting to 28,5011. • doubtful bills, 81,3721. ; and only 18,9241. in g rad bills. They had now to consider whether su ch • state of things was known to the directors. H e would prove that tiny hod not only the means of knowledge, but actual know ing. of the hopeless state of insolvency in which the bank was gimod. After the lees of the whole of, and more than the elide of the subecribed capital, the defendants had not only santhearidto work the bank, but had decoyed unsuspect ing thombolders to their total ruin and destruction. Let him hie the all* of Mr. Mullins, the f. 'veered solicitor of the bank, vibe had caredoed 10,0001. on deeds belonging to a Mrs. Shit 101 l claimed the deeds alter Mr. Mu' lins's a committee of the directors found that ha lei no authority to pledge the deeds, so thz as seent returned at a ices on this trans action 1,300/. Mr. Clarke, whose name he had nmatissini la eaanect-d with the mines, brought an action the Mak, welch was perfectly groundless. He had the when he joined the bank in 1832, he found it absolutely hisolvent. That might have been the expres sion of as angry man, bat it should have been widensto have arou sed their suspicion. Row ersier, Mr. Clarke persevered in his action, calculating and tightly calculating that the directors would be afraid to go Into court. The result was that the directors agreed to pay Mr. Clarke 2,0001., and 2671. as costs. Ile would now direct the attention of the jury to another transaction. In 1855, Mr. Walton was the governor of the bank, and he owed it 60,0001. The directors became alarmed, and required further assistance, and in January Mr. Walton had written a letter to Mr. Cameron, the general manager. The learned counsel then read the letter, in which Mr. Walton said it was essential if the bank were not to stop payment that the bills of those who owed it money should be discounted—that if the refusal to discount the bills were persevered in, he as governor. Mr. Brown, Mr. Cochrane and four others, meat stop payment, which would bring irre trievablo ruin on the bank, and entreating Cameron to con sider the fearful exposure and consequences which must ac crue lithe bills were not discounted. Mr. Jamet—Perhaps you will state that the letter was directed to Mr. Cameron, and marked " private." Sir F. Theeiger —Yee • which was marked "private," and fall into the hands o f assignor. If any apology be needed for a breech of confidence, it was that the letter tended to expose a gross and scandalous fraud. He would now advert to another most extraordinary transaction. On the 27th of Much, 1866, the berth had advanced to Mr. Brown 77,0001., and at a meeting held that day, Mr. Brown said that the bank had lost • quarter of their paid-up capital. The directors were in the power of Mr. Brown, who held it in terror over them that ha would call a meeting of the shareholders, and thus reveal the 'date of the 'Ears of the bank to them ; and It wee not ' too much to mums that he used that power to avert that which Mr. Walton had described as " the fearful exposure and consequences" in the event of the bills of the directors not being discounted. The learned counsel having read a memorandum written by Alderman Kennedy, requesting a report as to the deficits of the bank end the habilitiee of the directors, with the view of proving the defendants' complicity, then mad a communication addressed to Cameron, by ld'lssod, on Oc tober 2, in which he said that since the temporary absence of the former there had been a I draw on the bank— that the 57,0001. than in the ank of England was reduced to 25,0001., that they could not get over the 4th without " going in again," and that they hoped to get up 26,0001. for bill., but that would be their last shot, and they had no hope of meeting their loans due on the 13th or 14th. He would now turn to the position of the defendant Stapleton, a barrister, a member of parlismant and a gentleman of position, who had joined the board in Jul 1866. He would do the defendant the justice of sap that he did not then know the hopeless state of the His complaint against Mr. Stapleton was that he had given the authority of his name, and his reputation and station In society, to septet in the deception pear. timed on the public by the conduct of his bro. thee directors. It was clear that before 1866 this de fendant hadjoined in the report that Mr. Humphrey Brown's amount was insufficiently seemed, and some Meths in the public papers In November, 1865, on the solvency of the bank, had been brought to the notice of this defend ant. On the 22nd of December, nine days before the date to which the balance-sheet um made up, which was presented to the shareholders on the Ist et Feb., 1858, Mr. Humphrey Brown wrote to Mr. Cameron, In rotates to a resolution which had been passed to realise his ships, " I AM just in • position of bankruptcy. Have you ever done this with your previous friends T. though it is not nine months ago since I assigned securities to you to cover 95,0001. of the liability of year chairman, Xr.Walton." He also wrote in the come letter that he bad never entertained anyfear of a run on the bank, but that questions by shareholden which might lead te inquiries were the breakers ahead, and he ended with • statement that he desired to act consistently with the istmeats of the hank. A lettsr written at a moment so critical woe vital importance as proving the complicity of Mr. Hnsagio, Brown. He had now to proofed to the most impartsok and to bin most painful part of that portion of the cese. whiesdraid to what he was compelled to mil the Wee regramodalleme of all the directors. The conduct of the directors la segramilug, that Instead of the bank being hope lessly inielvenk It ens a flourishing concern, and thus indu ?riatila segue issupties, tax Immesh, become invol ves Siasieleibeeleet mehhi old set be introdeeei tip gis and edowlehmat that It skald have hem resorted to by patio= la the petition of the de lisimateL and with the doer knowledge AIL they tit irk Bfte an director& H. hsd no doubt that = In lie Wade of many of the defendant, originally • heirs In Nag= the important duties which they bad aatheraba is Ask eharooter al directors. But unhappily they had sieedell Isisuglies as a means of entrapping the public, sod AWN, lbws Into • COGIASkaI with the beak—a nes et sanded which fidelity to the shereholdteo, and In legilttnothers, should alike have forbidden. In June, 1861, Ai mai ot tbe bank were, uhe had said, in • hopdess dole feetheaey, by mama of the ism it had Nunhood I=lie aiccondoct of thedirectere. Itscapdtal was looked fie directors found that the bank could no longer weed mans the could obtain the means of creating a sew algid, and of inducing persons to subscribe for the ca pital thus meded. They applied, therefore, for • supple mental charter kw this new capital, and from an early period they ocenmensod solicit* persons to become The OMNI Ma to supply the vital capitalorithout which their mielense semetto an end ; but that object would be fres tested tf m2 i. • shares peered in the market, end so ap pear at • , amongst the many devices which the &rooters ratorted to, they employed Mr. Cameron, their general meow, and Ity. Imam, their solicitor, to purchase up all res in their program to the =Met. The leased teatimes was proceeding with the details ea this branch of tie me when we went to press. sasaa might be construed into a sanction at what was done. No man was justified is applying the monies of another with. old the means of repla cin g than; but though there wale meth impritdenee in this cam, band or dishonesty could not fairly be imputed. The An* charge was founded on the application of Lady !Wahines 3,9001. Her lady ship had requested Cheap& Hall to procure her • better interest, and authorised him, as a preparatory step, to have the sto ck transferred into his name. This was dens in June, 1849. In the following month Sir Charles signed • memorandum of its being deposited with Meters. Hall,on in terest at 6 per cent; andexactly six months after the bankrupt wrote to Sir Charles, stating that he bad paid 721.165. 3d. into Mesers.lioare's bank, am Lady Rushoue g " mortgage interest." Though this expression was need It could deceive no one ; for Sir Charles knew that the money had not been so in vested. The explanation was that it was merely • form of expression used to identify the particular 3,00 a ; it might have been used inadvertently or improvidently. Four years later there was • written authority from Sir Charles to this effect I have no objection (as you requested ii) toyour holding Lady Ragtime' 3,0001. mort gage money in your hands, at the earns tete of interest as before, viz., 5 per cent.' Probably Sir Charles bed forgot ten thati he ever gave this authority ; for the bankrupts had forgotten it until long after the bankruptc y . It was remark able that the same erroneous expression, mortgage money," was again used. When the bankrupts rendered their account of Sir Charles in 1866, among the queries which that remount suggested was the following one :—" Lady Rushont ' s money—is it on mortgage I. —a proof of uncertainty whether the money was so invested or not. The abort facts were that the bankrupts had them selves undertaken to pay the highest obtainable interest, and that Bir Charles had consented to the money being held by them on their own personal security; and there was nothing like fraud or Wee pretenoe in the ease. Nothiag was more common then for silica= to have money placed In their heads by one set of clients, which they lent to another. The practice might not be • good or • safe one, but it was usual. Sir Charles Roshout himself had doubtless been a fearful sufferer from his transactions with Mews. Hall, who were his bankers as well as hie agents for all kind of business. As they had but one bank ing account, of course all their receipts went into that account. It would be impossible for solicitors in large practice to open separate amounts for all their clients; no banker In London weld take such MONEY MAREET-THIS DAY. Two o'CLooi. The funds to-day have advanced about per cent. Most of the other markets also exhibit an upward tendency, especially that for English rail way shares. Consols for the 4th of March were first marked 961, and are now quoted 961 to 3. For money the present quotation is 981. The Three per Cent. Reduced have been dealt in at 961 to 3 ; the New Three per Cents. at 983 to 3; Exchequer Bills, at 335. to 3&,. prem. ; Exchequer Bonds, 1858, at 1001.; and India Bonds, at 20s. prem. Foreign stocks continued to advance. Tartish Six per Cent.. have risen to lan to 1013. Peruvian Bonds are decidedly higher; and Spanish, Dutch, Portuguese, Sardinian, and Russian, are all in de mand. We remark as a feature of interest that the New Deferred Buenos Ayres Three per Cents. are offi cially marked 20, being the first transaction recorded in this stock. Sales are recorded as follows :—Bel gian Four-and-a-Half per Cents., at 98 (exchange 25fr.) ; Brazilian Old Five per Ceuta., at 1033; Buenos Ayres New Deferred Three per Cents., at 20 ; Dutch Four per Cent. Certificates, at 101 and 1003 ; Mexican Bonds, for account (26th Feb.), at 203 to 201; Peruvian Four-and-a-Half per Cents., at 811 to 82; ditto for account, at 825 to 821; ditto Three per Cents., at 581 to 58; Portuguese Three per Cents.,lBs3, for account, at 451; Russian Five per Cents. at 112 ; ditto, Four and-a-Half per Cents. at 100; Sardinian, Five per Cent. at 903 to 901 ; Spanish New Deferred Three per Cents. for account, at 261 to 283 ; Turkish Six per Cents., at 101; ditto for account (26th Feb.) at 1003, 1003, and 1001. At Paris to-day (Saturday), according to Mr. Renter's telegram, the Three per Cent. Banta opened at 70 for the account, showing a further frilling improvement, which is attributed in the telegram to " an article in the Moniteur." The Indian and Chinese mails are expected to be delivered in London on Monday morning. In the dieconnt marketyesterday afternoon there wea l a sensibly increased demand, but first-class bills were still freely negotiated at 23 per cent. In exceptional cases, transactions take place at lower rates. At the Bank of England also the applications were yesterday to a fair extent, owing to the reduction in the rate of discount to 3 per cent. The amount of gold sent into the Bank yesterday was 80,0001., making an ascertained total of 88,0001. since the date of the Bank return (given below). It is expected that a portion of the 187,5241. in gold, ex the Northumberland, from Melbourne, will be taken for the Continent as soon as it comes to hand. an account, owing to the trouble which It would occasion. The Messrs. Hall made no secret of this; Sir Charles had never been led towppose that a separate account was opened for him. No doubt the result of ail_ theme transactions left an enormous balance due to Sir Charlie; but the count of business between the parties ixeMied acquiescence and mac. tion on his part. He knew of their large stud farm, up wards of 600 acres, part of which had belonged to the late Mr. Tattersall; he took some interest in those matters himself; and he must have known that they were engaged in • speculation full of peril which might realise _great profits, or m.4 ht result (as it had dose) in great loss. Thin result was mainly attnbutable to the Russian war. The bankrupts had not gambled on the Stock Ex change ; they had spent the mousy in the most open way that could be conoeived,—in horses and field sports. The leaned gentleman then alluded to the charge founded on the Cownharo mortgage, and contended that the bankrupts had acted all through under the authority of Sir Charles. It was in 1854 that the pressure begun, whith had ended in their break-up, owing to their lug* outlay on the farm. Throughout Sir Charles had exhibited • to meet the wants and wishes of the Messrs. Hall. Some of the letters from Sir Charles, giving authority to tied with the Cownham mtate, bad not been produced in the chancery proceedings, in the suit "Rushton v. Turner," bonnie they had been overlooked. It wu not disputed that the bankrupts had got money by means which were not creditable or justifiable, but certainly not by means of dishonesty or fraud. The transaction with Lord Northwiok had been improperly imported into the case. Lord Northwick was not ► creditor, and no one elm mold be heard in opposition to the certificate. It was true Sir C. Rushout had reimbursed Lord Northwick the 15,6001., but not at the suggestion of the bankrupts. The transaction was capable of explanation If saoriary. In 1853 the banitrupts rwnved from Mr. Ben bow 10,0001. on account of Sir Charles Ruahout and others as trustees for Mrs. Grieve. The money was mixed up with their own mosey, and as it was not repaid at the time, the application was made in Chancery in 1851, and the result was an execution on the bankrupt's premises, which they got rid of by borrowing the money. Consequently, the estate had lad nothing by that transac tion, and ne one complained in respect of it. It only proved that the bankrupts were spending money as fast as they received it. After this transaction, Sir Charles disclaimed any intention of acting harshly, and said it was Impossible for him to prevent the proceedings. The Conaminsioner—Sir Chilies is hardly aware of what the Court of Chancery and other courts of justice require of solicitors. He may take a more lenient view. Mr. Bagley—That may be. But what la required of traders in this court when they come up to apply for their certificates is • very different thing. The learned gentleman than eefsred to the 20,0001. raised for Sir Charles on mortgage in 1864, of which some 6,000 i. or 8,0001. remained in their hands. ss he contended, by the perstimica of Sir Clarlis. 0 the 50001. received by them for Sir Charles. in May, 1856, only 3851. bad been called for. The remainder formed pert of the gigantic Wanes du to Sir Charles. The 277,3161. in specie brought from the Brazils by the steamer Avon is expected to be delivered to day. The bulk of this remittance consists of sovereigns, which will be sent into the Bank. The amount of specie brought by the steamer North America, from Portland, is about 6,4001. The Palmerston has arrived from Sydney, but is not known to have any gold on freight. A considerable quantity of specie will reach Southampton about Tuesday next, per the steamer Orinoco, from the West Indies. The large supply of Mexican dollars brought by the steamer Magdalena was sold yesterday for the Fest at 6s. per ounce, showing a decline of id. compared with the price realised for the previous remittance. Owing to the magnitude of this supply, the ship ments to the East by the Colombo, on the 20th inst., will be proportionately swelled, for it is not impro bable that the whole of the 330,0001. in Mexican dollars may be despatched thither, partly, perhaps, in the shape of bars, together with some further amounts of bar silver drawn from the Continent. The tendency of the exchanges continues unfa vourable, and points to the prebable exportation to the Continent of an increased proportion of the gold imported. Yesterday afternoon, paper on Ham burg and Vienna, and long bills on Paris were in demand, at rather lower rates. The current quo tations are shown below : Amsterdam, three months, 11.17} to ; do., short, 11.13} to 144; Rotterdam, three moutha ka ll.l:4 to Antwerp, three months, 25.32} to 7} ; banoo,three months, 13.5} to ; Pegs three &Tel eight, 26.10 to 15 ; ditto, th ree montha, 25.40 to ; Prankfort-on the-Nahre, three months, 118} to ; Petersburg, pa rouble, three months, 341 to wi ; ea. flu, , three months, 10.35 to 38 ; Trieste, do., three months, 10.86 to 40 hors, months, 48} tot ; Cadis, three maths, 498 to 60 ; hors, three months, 29.90 to 30 ; Genoa, three months, .60 to 5 ; Naples, three months, 41 to ; Palermo, three months, 122} to 123 ; limeina, three months, 6~to 123} ; Lisbon. 90 days, 61} to } ; Opteto, 90 days, }. Advioes from Rio de Janeiro state that the surplus revenue of the empire of Brasil for 1867, after ' defraying all the expenditure for the year, is about 1,400,0001., a fact strongly indicative of the growing prosperity of that country. The monetary crisis in Europe had not, it seems, fallen so heavily on the commerce of Brazil as might have been expected. A number of German houses, which bad been trad ing without sufficient capital, and driving up prices of produce by their speculations, had suspend pay ment, but commerce generally sou believed to 130 sound. There was a general opinion adverse to the present system of "open credits." According to these advice., a very large amount of gold may yet be expected from the Brazils. The rate of discount of the Bank of Rio de Janeiro was 11 per cent., but in the open market 12 to 16 per cent. were not un . EARL Flnwn.man.—lt may have bean re- common rates Em ma se exteete db ery that, although the death the hits Yesterday win; held a meeting of the six gentlemen Earl Fitswilliein took place several months since, a motion to whom is entrusted the duty of distributing the wee may madelmt Thursday for a new writ far the meaty of remuneration assigned by the Buenos Ayres bond- Wicklow, in correquenoe of the accession of Lord Nihon to holders to the various parties who al-operated to the earldom. We believe the reason to have been, that the bring about the settlement of the debt. The requi meat of Earl Fitswilliani could not be found, mid that ate lutiado p ted , anda special vote of thus was thatixe a difficulty in calling the Dreamt earl to th e rem on, were upsor house. It may be presumed that tiled/Meshy hes now thank' was passed to Maws. Baring Brothers and been OTO3OOMII, se the writ for Wicklow tea been isomod. It Co. for their liberality in refusing for themselves le smeared that Earl FttnerMain woods meet for YAW and for their agents all remuneration. The firm 7 10.5 at Coenadtn, on bla large In the county of Wick- have despatched three distinct iniasione to Buenos 147,),d So a t w „.„" nni whether h the to meteeee kr drae at aeseL l en t. Arai upon the affairs of the debt, vi'., one in 1842, lientenent of the West Riding will te productive of baron- a meson din 1056, and a third in 185 7- venience.—Leede Mercury. The shares of the Pernambuco (Recife and Sea Two bon mots, attributed one to a learned Chief Francisco) Railway Company experienced a decline Justice, and the other to an eminent Q.C., are gas( the yesterday afternoon. It appears from the *avian by rounds toDahlia.Blmmild" the Court Cm"' Play the Avon that the first section of the li ne has not yet the former reeseked it we. strange Vast there were three Papists on the bomb, and ens Poiret& The hair, been opened for traffic, owing to the delay In OM wben asked 'Mee "Oil." wee to havethejudgethip, replied, plating the fences which the government require to " Why, .1.0').," d seers;' and the eggropis ti the be provided. It is stated, however, that the expense retort will with not lis ohm who 1 " Ilualez of this work will fall upon the contractors. the mums of a vesimily paseldergeent.—Pfees. Tae Su, op w oovencx A gtg i gA g,._j g th e The return of the Bank of England for the week the year 1716, the be guns will& Marlboroh ending Wednesday, February 10, compared with the had taken from th e Nem* roue Wag rear the previous weekly return, shows the following results: royal gun foundry is when yarn Swim circulate . hem , named Andrew ;mielt, who was asddetail7 ream, re- cuedethet settee 19,608,816 Decrease 471,760 marking the dampens of the irehle, and loweeslsg the p ublic equate inevitable result, wares' Odra Arreltrag, the km sr- other &peek , veyor lteeera l, bdag lee canyareer el the canatammt he oPeratiou. As &UM ihrlohlt WO= binkingriscsalmsat . 9,702,317 Inman 143,168 and many workmen were Med. " e o thite esewh i et heuk h; B ; Mows nobody good," ear the di week end the likries defortmed . 18,672,888 Demme 1,650,864 of the ran was the manes of the paw knispah he- o eh , eue boat tune, for in a few bp en alretkarest morel In ens eyett " --- ,7 16,674.647 Increase 780,961 of the public, papers requinthier him le eau spew Wend SevenSeven day wdadis , time 848,224 Deoeww 22,338 I Andrews, "es tire interview may be for Mr adhatrireo. Th e R a g I Andrew Mal& "Mallabd ocowdMl l 79 sad wee et me' Nobs In Maw . trusted with the dray el eseldiecout a hair loft helm Total mark kettricc;ll) outi ng dthe I t orbsask Ise islimdia $ Ta m° in banking department 11,446,832 haws 1,262,701 se at Woolwich, but lie whine twelve ado oldie se fropolin for the thialial oases thesis a ft, nee le die Thin is another of a series of marvellous returns. river, and M the izialaanta ndebnlnbned bn the The increase in the coin and bullion is upwards of moulds. B bettrer emsete te 111 ° aim hela.Prsi the three quarters of a million, and the increase in the great nation of satimply what whom the 1111110100 1111 many qualities k w i n b oa b oa ta m Th e ran erve of notes and coin a million and a quarter. Rosana, sham 01111aa all =a ea the Wedittereet est The latter feature is principally caused by the de af Um" gollisei is hive bus II lb** W• 81, lees moos of more than a million and a half in the et haul, neat le lave the ottlond. a.. 0 00 . 1 _,,c0 " other" securities ; for the further decease in the aemeary ings. wlkk uras the , f °Tigital y a onumitalegimundieureehe ""'""wa:4ll7lSillsaumwhadwur.7l6.ll.: L aan othe c r e " d de by pou th ' e to in is oreas to a e co m. nai th irs ble Tressur ra de t ;3: si un . ti ter. mg • 'ft? boded b now The Garotte statement of the movement of the wysei n t iamsua dmi d me m e te = t h d r ee b id precious metals for the week ending Wednesday last sisk viii r ourna t i : li p uimm e ct ies is p o smo svokomplai ses, a m p timosuns c he mind . 11 92 7 the , following Caws,—Ommer mom 961 • exports of f ta11 g01d v , 14 1 , 2 ' 7 — ,4 1 3 111 9r. :rtaimpmUof fold, of die sire', 436,8611.; exports of silver, 222,8681. BANK Or ZNOLAND.—An A Ilk Vie, e. War the week ending nova vv, NON Wood ...... ....130.270.700 1 1/30.220,760 aaaano D 011011...41124.163.010 8,816.6.3 P e a ri sad Db. Amy. 4361.493 Odor Dimity, ... 16,206145 eav sad Wier ***** 1.124 Jib. 71.7818. 1:39,671.-556 pursuantb. 10 to the Act3B 7th end Fe. 18. -meat Debi .... tu.oisjoe I Gold Otto and Bullion 18745,700 Sow Bullion ..... PITNR/17. iPS,M,7OO ero Pacartmeet 4tls algbitnelost. Dead W 4' 1 7 --- oth.r An. a.ri Wtl)." . ..... ..... 1 4 7 622 01.. 896 3tf Notes G o w Niiiiiiii,;.,,.•• 10.6.7.446 (ALL. 676.817 I SL MARSHAL.67I.633 L CMlLlalar. FRIDAY EVINDM. Tke funds to-day were stationary in price, with little business. The appearance of the market is firm, owing to the abundance of money, but specu lation for the rise is, for the present, circumscribed. A disposition is evinced to await the result of the debate on the Indian Bill and the issue of the Indian loan. In the share markets the attention of the dealers was, to some extent, engaged with the fortnightly settlement, which was to-day completed, bat the general tendency was upwards. At Amsterdam the Bourse exhibits an upward tendency. Consols closed to-day exactly the same as yester day, viz, at 961, " sellers," for the 4th Merck, and 961, "sellers," for money. From these quotations there was scarcely the slightest variation throughout the day. After the close of the Stock Exchange, the market was somewhat firmer, at 96 3-16 to 5-16 for the account. Sales are recorded as follows :—Three per Cent. Consols, for money, 961, 98, 961, 96 , 1 ; ditto, for account (4th March), 981, 981; Three per Cents. Reduced, 961, I, 1,1; New Three per Cents., 961,1, 1,1, ; Bank Stook, 225, 226, 225 ; ditto, for account, 226. Exchequer Bills have again risen Is., closing at 325. to 355. prem. India Bonds were dealt in at 21e. to 255. prem. In the foreign stock market the principal feature was a considerable rise in Buenos Ayres Bonds, which yesterday were dealt in at 100 and 102 ex div., and to-dAiy were officially marked as high as 109 ex div. The closing quotation was 106 to 109. All other foreign stocks were firm. Turkish Six par Cents. advanced 1 to 1 per cent., being quoted at 4 o'clock 1001 to 1, and, at a later hour, 1001 to 1. The Guaranteed Four per Cents. rose this afternoon to 1041 to fex div. Spanish Bonds continue in de mand ; the New Deferred Three per Cents. were last quoted 261 to /, and the Passive Bonds, 61 to j. Peruvian Bonds are looking up, in anticipation of the approaching absorption of stock oa account of the sinking fund. The amount applicable to this fund is rapidly increasing, and the proportion of the debt alreidy redeemed is very large. Dutch, Russian, Sardinian ' Brazilian, and Venezuelan Bonds were all inquired for. The nominal closing quotations for the shares in some undertakings of recent formation are as follows, viz.:—Onde Railway, par to 1 prem. • Central Dude Railwayy, par to 1 prem.; Grea t Southern of India R;llway, par to Iprem.;1 prem.; Cape Town Rail way and Dock, 3-16 to 5-16 prem. • Victor Emanuel Railway Bonds, 2 to 1 dim. ; NIL and San Fran cisco Railway, 11-16 to 13-16 prem.; Cape (Eastern Province) Railway, par to I prem. ; Riga Railway, par to ;prem.; North of India Tramroad, par to k prem. ; Medea Railway,l to prem. Bank shares to-day sustained no important change in price. Eastern Steam and Crystal Palace shares continue in demand. Australian Agricultural have declined to 251 to 261 ex div. Peninsular and Ori ental were also flatter. Canada Land shares were officially marked 134 and 135 ; East and West India Dock stock, 123; and London Dock, 106. LAW INTELLIGENCE. THIS DAT. COURT OF BANKRUPTCY. (Beim Yr. Commirkear Faso.) IN 11 ZINST AND CILMILTN HALL. The hmag of this nalarkable case was spin resumed. The inridawaslaWag boss at the lea sitting, and Mr. LIIINTUICII sad Mr. RI having addressed the eourt for their respective Matta, Mr. Bagley now eddrered the emit on behalf of the b He 'dratted the difiloultiss of the case with w a lti a rh i t had to =dad ; there was a cloud of prejudiote shag B. He did not compleia of the way in which the case wad the bankrupts had been put forward, though he could ail ig n the °oscine's.= which had been drawn. But the l sob had to owsplau of the way In which they had hen In the pram (alluding to the Tema) Vide guilt hell beat 1116111110 d and reesoned at below the cams of the benlzupb was eau opened. Such con duct at the pert of the per ors caloalated to elistruot rather then pantoks the cams of Indica But he was etwileat Oct the met wadi we be swayed by say ethos whebeele havadellews. Was the. wee no awake el Seslisway. No Imputation wee aahli thelsahrupts, oe t ql. the seelhesief those who op 'My Mese those patrons bad boa put sadiron ; wadi me emblete by exposing evallbows uweetelewhich ht hineboa berated to them. 1 The Mora Sakai the des of ihele Mem Oho bad call ' ensi • ersiggisiwilk lie em billr edl el l erp badl i . la fa* SW lima eawelsersi to flald spode ; which adlerweede beers a perks; sod their love for hams bed mieeemably lel Ihmi bb halls not suited to a maw *all lib. Al awed • tbid the waaoseehd pr ank col see loseaselikie with sal alba ; • peibedem het lea justly old In be a iambus sidesee. els Medea Rambo* bombs bad bil ledeleeb ably wield by than glatisraso, reposed la then the vogue iwaidesee. Thin we ad muse be whit bid taloa plus; but los; soy& Theeorcuais 6,0001. -How were thole enms of 20,0001. and Yr. Begley maid they were raised on mortgage of Sir Charlie. property. It wu not suggested that had not been properly raised. To Messrs. Hall, the (most distressing part of the &sanction was that they had lost the confidence and esteem of Sir Charles Re/shout. This they felt more than any result which might follow from the proceedings in that court. They bad been Sir Charles's professional adviser, since 1837--• period of eighteen years; during this long period no account had been furnished on one side, or called for on the other. The .Berijamin Franklin tells us that "short redo:siege make long friends." Ido. Bagley wished that had been the ass here. Sir Charlie, not regular accounts, had allowed these of applying money in a way in which t i lt not Intended. In 1855 be began to press for his account; mad In January, 1856, an account was rendered under great hurry and pram" which showed balance of 22,0001. due to Sir Charles. Had the bank rupts kept proper books there would have been no difficulty in supplying Sir Charles at once with a menet statement of this amount. tintortunabily they had not done this, and as traders they must leer the coosequenose of their ragion, and their selicitore day-book sad the banker's pees-book were the rely materials they had from whidt to =wile this voluminous account. No vendor est it was very imperfeet. It was merely mode est as a psresmal accent between them and Sir Clarks• the tryst Eagan In whin he was concerned being renewed kr a anrpianantary SOCOWIL [TM ease was proonding when we wont to prim] LLYIIIIOI ALIOTION.-(THIS DAT) (nr azrnsa AND TRIM ausitsrte rziaazArir.) STATE OF THB POLL-12, Nowt. (From Bag CamMee.) B a n Gana Majoity Ibr Ea io MINES.-THIS DAY Two o'CLocK. The market for home mining stocks to-day is steady, with a fair amount of business. The in quiries are chiefly for shares in Wheal Kitty(Lelant), Great South Tolgus, North Basset, Alfred Consols, Redmore, and Providence mines. Foreign descriptions remain quiet. Mariquita shares are marked 155., and Bon Accord Copper . Rim Subjoined is the official list of pri ces i n th e Mining Exchange yesterday : Cam Sas, 50, 624 ; Esat Basset, 100, 103, 974, 1001, 1024, 106; Bad Russell, 44, 4 13 9: ; Header, 24, $ ; Hingstou Down, 64, ; Lady 22a. 6d., 265. ; North Basset, 164 17 ; North Franca, 10, 1 ; North Lerma, 31, 44; Par Cmsols, 21, 22, 2al, 21; Pea n, 31, 4, da; Red m I. ; Rossaum United, 2.9, 30 ; South Frames, 266, 276 ; South Tagus, 160, 166, MO, 165 ; Tolvaddea. 7, 71; Pals at They, 275. 6d., 285., 305 .; Wheal Margaret, 66, 68. A telegram from Cornwall announces an advance in the standard for copper ore. Annexed is our usual weekly report of the metal market : Copper, es ezpacted, has been in such demand that the amelters haveadvaamd the Islas of manufactured Id. c oi l: ; , 1 sad tough cake, tile ;and select. All the ad l d asn ag em o V i r bought as well as several parcels to mice. Iron is y hardening in price, and than is consider able to aperadata in Scotch pigs, which were very low ti p = been Lead is very firm, and a fair demand Wats. hes active, and a large business ham been trans acted, both on the spot and for arrival. Tin has also im =dap* aaotber advance of 51. per ton having been this sad me u pon British. Tin plats are in demand, pier FRIDAY Irma*. taaos that this was Owing partly to the .. " pay day," completing the fortnightly mettiessese, the transactions in British mining stocks were mot extensive, except in East Wheal Russell abanti, which were in great demand. There wens sloe numerous inquiries for shares in WheeL Kitty (Lelant), Par Consols, and Great Wheal Allied, es pecially the last named. The market remains gems rally good in character. COMMERCIAL AND HAREEM TALLOW MARKET (THIS DAT.) The market fa quiet to-day. Town Tallow is tasted 61s. 9d. nett sash ; Petersburg Y.C. on the spot, 62ta 6d. ; Patently and March, 63. U.; April and is 67. 3d Ootobw sad Dscausbir, 61s. Iff Limn AtmAion.—Towit lido. U.; 1111 by ditto, ditto yellow ituaeloa, ; Disked atm% Us.: tough 22a. ; graves, 17s. ; good drop, 70. SMITHFIELD HAY MARKET.—THIS 13 AT. I[r.=. I. Davis motto a tarp supply with wavy littio damsel:—Prime losadow hay, E9s. to lßs. ; imiire do., 701. to ft.; hark* do., to 800. ; rows, 1.00. to 60s. ; &n it, eoa. to ; mood oat. 70e. to kb.; straw, M. to 224. COVENT GARDEN.--(TEIS DAY.) Trawl amthanss to be tolerably brisk, sad prksr. ior most se ddians• missnord 40f Yam, &fwd.'s , mldseter art Me Plus Yowls may stin be &Sakai. Pia.- missAidiseks, sad other brigs mho, esatinma to sr tut, K i m co b s an goad, and priers far thaw rame from Us. to 40a. Dffirmiona as Mon 11 1, - Per UAW, sad Brazils 16s. per tonsimil i : us V basil mats for planting, id o t o 18s. per bead • altammts fosidaadm Bs. aad Os. pis Om. , sta. kinds as• It hj a abundant dame vogstablas are Coraish braes* aspeas. madsabarb, sad sista& Winter greens are plentiful. = la casdatili mac, g m al sells Winos, chcc ßarba a. ca =. Ceonmitars seareee. Sperian . m otis th u g s aq =lrt i. froaa L. Ia 2a. dd. per doom. T o r os :tato vy Tory hea ; large quantities of ton statinnsni whin. Cat flowers &telly consist srold a ds r : guards; intielsopee t poinsettia pulcbardma, geraniums, soigaioadie,:iftaths, primulas, carnelian crokameas, tulips, hyanntbs, sad rows. 11171 T. P Aftimm u tb., • beClll24l i=do.!L b i b Peen, per Sm p. bat . ft • dm. la to Mg Onames, pr &a. id NIL OM litssasa. L Nf pa to as la to 401 ria. "1 4.% M 416 ITITIO BT• o°44lll MeeZ„ . ll: 4l4 eittd 10. id bo 4. edeelle. p. dm. le te • •be 11 i Im rATT VIM bo to • =rlk So la 3d raid% P. b to MB WU. yle • 94 per Triel., le ft MM IPP•miliold le Td PT PI MU P.IPP• Ile de 'ASLIB. Mambas. abb. b to fa balk par a tat% ad jaa' amdaji le Id par . ea is ad pie Ilx 10 1 por lb. •• le 1, =r= b alp 4a c: fd la la • g Zif 211 to le ICAwat Atoll Lbw%