The Express.
London, England, 1858-03-01 00:00:00

THE EXPRESS, MONDAY EVENING, MARCH 1, 1858.

be rude out. A considerable patio of Lord CAIN
asst.'s charge, u of the evidsoos at the trial, is
devoted to an analysis of tit• =two of
the •arious debts thus putded as erste in
the Bahtnce•Sheet presented on the lit of

Febrsary, 1868. We need not go through
the steps of the proct so ably and satisfactorily
pedals's& The upshot of the whole is, that what
with Welsh Mines, the Islington Cattle Market,
°Livia of Liverpool, °WYNNE, HUMPERET BROWN,
CAMERON, Cotsusira, MULLINS, and VGartiox, a
total of dead loss had been realised at the end of
1855 whioli cannot be estimated, on the mast
moderate computation, at lees than 100,0001. Debts
known to be hopelessly bad to the extent of at least
100,0001. were put down in this mendacious Balance-
Sheet as available easels, an operation as honest on
the part of those concerned in it as though, to we
Lord Csuraira's illustration, the concocts' of this
statement "had pretended to have invested 100,0001.
" in the fends without having done so."

So much for the mode in ;kith the balance-sheet
was made out. In the latter end of January this
balancc•shevt wu approved:of by a private Court of
Directors; on the lit of February, 1856, in the
presence of all the defendants, it was laid before a
general meeting, together with the well known Report,
in which the affairs of the Bank were represented as
being most flourishing, in which the balance in hand
was set down as exceeding 30,0001., and in which a
dividend was recommended at the rate of 6 per cent.

Here then mime the second and third questions—did
the defendants, on this Ist of February, know the
Balance-Sheet and Report to be false? and did they,
knowing this, fraudulently set them forth as true, in
order to deceive the shareholders and the public ? It
is at this point that it beconsee necessary to dis-
tinguish between the cases of the separate defen-
dants. In every case, except that of Srseutron,
who is proved to have taken no part in the
active management of the Bank till October, 1855
it is impossible to avoid the inference that there
were Me natant, at all events, of obtaining such a
knowledge of the condition of the Bank as should
have prevented the defendants from concurring in
the Report of February, 1856, and sanctioning the
balance-sheet. In *Leon's case it may be
said that there was little evidence beyond this, and
that the proof against him does not sustain a graver
charge than that of culpably neglecting to use the
means he was in duty bound to employ for making
himself acquainted with the real state of affairs.
Owe x, considering the evidence that was given as
to his previous cognisance of the state of Bitown's
debt, can hardly be acquitted, if not of actual
knowledge of the Bank's insolvency on the 31st Dee.,
1856, at any rate of having good grounds for
suspecting it. The other four cases admit of no such
extenuation. The jury took a lenient view of Alder-
man KINN/DT'S came ; but for their recommendation
to mercy we confer our inability to see any valid
pound. The letter which KENNEDY wrote to
CAMERON on the 15th May, 1855—more than half-
a-year before the date to which the lying Balance-
Sheet is made up, and nearly nine months before the
presentation of the fraudulent Report—is incompa•
tibia with any other construction than this, that he
felt, if the true state of the concern were even then
made public, it must necessarily lead to a stoppage of
the Bank. As to the cases of ESDAILE, Baovrte,
and CAMERON, it would be a simple in-
sult to common sense to affect for a moment
any doubt as to their guilty knowledge or fraudulent
design. The evidence as regards one and all these
persons conclusively proved that they were well
aware of the extent of the Bank's losses, that they
knew thoroughly well how immediate stoppage must
follow on a true statement of the accounts, and that the
only resource left wail a series of fraudulent lies,
which, by tempting more victims to their ruin, might
postpone the inevitable crash for a time. Long be-
fore the false Balance-Sheet was prepared, Brown
wrote to his colleagues that there were " breakers
"ahead," and Mr. Governor ESDATLE induced
the Board, over which he presided, to join,
in the fraudulent report, by reminding them
that "the highest policy is to present a solid
" bout to the public—the weakest conduct is is
" dangle before them a rope of sand." A clearer
case far conviction than that established as respects
these four delinquents KENNEDY, ESDAILE,
BnowN, and CAMERON—has never been made out,
aced the only regret entertained by the public at the
close of this monster investigation will be, that the
guilty authors of such wide-spread rain have
been sentenced to a punishment which, how-
ever serious in its consequences, yet falls far
short of being in its terms an adequate retribution
for their offence. The law which visits with a year's
hard labour the embezzlement of a clerk, or the
larceny of a letter carrier, might surely have fur-
nished some more afflictive and ignominious penalty
than a year's seclusion as first class Msdemeenants,
for such unmitigated scoundrels as CAMERON and
Snows. The public sentiment must supply the
defect of the law or its administrator, and affix on
these delinquents a brand of reprobation whose mark
will not be effaced when their year's imprisonment
shall have expired.

The meeting of the select committee on bank acts
is farther postponed to Tuesday, March 16, et twelve easel.

• -
THE NEW MINISTILL—The members of Lord
Derby's Cabinet took formal passed= of their respective
.flew on Saturday. The Right Hon. Spenoir Walpole, Mr.
DI 11, Mr. Henley, Lord Stanley, Lord Cimarron, and
Lord Dononghinore were all early at their respective posts.
The Graf Cabinet Council of the new government was held
en Saturday afternoon, at the official residence of the First
Lord of the Treasury, in Downing-au eet.
Nnw A PPM NTMENTL—Mr.jiapiet has been made
the Lard Chancellor of Ireland. Lord Loraine will be a
Lewd et the Admiralty. The Solkitor-General for Ireland
bar not yet been appointed. We bairn that the following
=trowels have been made:—Chief Equerry and Clerk
Lord Colrille. Lords In Wasting: Earl
of Vertihim, Earl of Sheffield, Viscount Strathal-
lan, Lade Bateman, Byron, Crofton. Polwarth, and
Raglan. Lord In ...Wog to the Prince Consort
Laid Begot.—Herell. The Lord Chancellor has
appointed Mr. Wm. Carmalt Scott, of the Chancery bar, to
belde principal secatery. Colonel Patrick Talbot is &p-
-=one of the private secretaries to the Earl of Derby.
ell Edward Wilbraham Is Ming for hie lordship in
Downing-street ME the soma private secretary la ap-
pointed. Kr. John Mask el the Foreiga-odlee, to ap-
pointed private marrkirry to** Ed of Mslarrobary ;iad Mr.
W. J. P. Daahweal, else et the Foreigwalico, is appointed
precis writer. 31r. Irma Percival is appointed prirate sr
=to tfr. Walpole at tho Hortsroiftee. Mr. W. F.
is is Isit senate escomary to Lord Stanley, at
the Caleala Lied Ceithestar has appointed Mr.
Cheeks Tres* Poet, at the Poet odice, to be his pirate
oweetery. Mr. George Themeon, edrooete, is appointed se.
miry to frOni Ingle, Beg., tbe Lord Adroaate. Mr. John
Mete Brim writer to the *Net, to appointed registrar of
hair. Edisareigh.—Oiomer.
Scow= Aroconmosoira.—We believe that the
also of Solhlior•Gomoul for Soothed will be confined
epos Mr. Pommy, whose mesas talents and high profes-
sional ideediegebalseMy It h far the plaor. The new
OWE web, be ell be lb. B. Mthwell
Inglis, J. We saderstand that the dam of Keeper of
the Geteral Begleter at Seim be Sootlend, and of the
Laval
lefe: the mantis Ediaburgh, Boddingroa,
sag , which Me tem vacant gam tbe
death Pringle of Vfltyllinak, lost sumnier,
bee sew been. beeered 7sgan Mr. John Cleric Irak;
W.B, Me Grows Agent be Seethed. The appointment
hoe hew We et the eines* beer, but it does coedit to
Lord Palmwebefe powatemest. N.aan In Sea lend y oe
'mss in
width every bay is Kr. Brodie to ewer
_ate
sewn raeogenbelea of oar Wellebell Of Ind !fghtli b
migegb themedellond the rosorred neoempthh-
neat Aga" mot doped, more this oa say au, spa
the Keep, of the GOOI MO I ordeoft of belnee. The am
et metmea obit In Stead adios el the Cant et Seel"
meet W the death of Mr. law Doohoasa, ham bola ohm
b MrWefts lkorwidge, abet to the /ate Lord
Setterbird, and more mead, to proof Lord Mao.
Mods.—lrlimersrp% CIPOWOOE

gig frottm
The gluon ana the Prim Come% with the
Prime of Melek sod the Prisms Alice bemenred the per
earamenos et the Ha
a. Vat Tlar trete
o=l come on
d FAMLitolle:reilloa."'ELrk• Bpi, the Zed of (Uh-
-1 seek Major- Buckley, end Wesel F. H. Seymour.
The Prince Consort rode on .lc on flettirday mous-
tem Wended by Coked . H. Berme&
me Tale& the Qom F , the Prince Ca, the Prince of
Welie, the Ahoy the Primes Haw, the ladies
end gentlemen of the cowl, end the domed. boasehold, et-
tended &vise service in the chapel of the Pekoe. The Hon.
sad Very Bev. the Doan of Windsor eflialeted.
The Zed of Derby had ea audience of the Qom.

A Cabinet Council was held on SaturdaLsu
at the
official residence of the First Lord of thel
in Downing-street. The Ministers present were
the Earl of the Lord Chancellor, the Marquis
of Salisbury, the Marl of Hardwick., the Right Hon.
B. Disraeli, Mr. Secretary Walpole, the Earl of
Malineebury, Lord Stanley, General Peel, Sir John
Pakington, the Earl of Ellenberough,the Right Hon.
J. W. Henley, and Lord John Manners. The
council sat two hours.

Despatches were received at the Cokaiel-ofilos an Satur-
day from the Lord High Cesnaissiceser ad the Isaias Islands.

The belief gains round that the Duke of Hamilton
will be sent to Pans to replace Lord Cowley.

FASHIONABLE INTIM

Ram Royal Highness the Duchess of Cambridge
bad a dinar party on Saturday evening, at her residence in
lareda Palms. The guests Moira thdr Royal High-
nesses the Duke and Duerr d'humalit, the Dar of Cam-
bridge said* Firers Mary,his Excellency Count d' Apponyi,
the Zarl ot Mahaesbery, the Bari and Countess of Clarendon,
the Earl and Coustre at Shelburne, the Bari of St. Germans,
the Earl and Lady Constance Grosvenor, Lord and Lady
Foley, Viscount Cherie, the Right Hon. Sir B. Hall, and
the lion. F. Byng. The Darer of Cambridge received a
whet chyle after dinner.

The Marquis of Lansdowne entertained at dinner on
Saturday arguing, at Lansdowne Howe, the Marquis end
Marchioness of Claartearde, the Marquis sad blarahloneee 0
Allasbury, the Earl Orsavffle, the Berl and Counter of
Boaaberaagh, the Earl and Countess Oney, the Countess of
Tenlarvllls, Fiances Countess of Walktraie and Mr.
Hezermrt, MP., tho Hon. James and Lady Loulm Howard,
the Bight Hon. Sir Charles Weod, M.P., end Lady Mary
Wood, Mr. Chichester Forteseue, If P., do.

Lady Molesworth entertained at dinner last evening his
Excellency tho Sardinian Minister, Maria Marchioness of
Ailesbury, the Marquis of Clearicarde, Lord Shulle' of
Alderley, the R. Mr,. Norton, the Hon. John Portman.,
Lord and Lady Bdward Thyme, &o.

The Right Hon. the Speaker gave his third full-drew
dinner, on Saturday, at his macs ca Carlton House-tir.
race. The following had the honour of reosiving invitations :
—The Earl Jerson, Lad Harry Vans, Lord Echo, Right
HOU. Henry H. T. L. Corry, Hon. George Byng,
Right Hon. Edward Ellice Right Hon. T. Mil-
ner Gibson, Right Hon. Sir W. Somerville, Right
Hon. Edward Cardwell, Sir William Heathoote, Sir
John Johnstone, Sir Robert Ferguson, Major-Grareal Sir
H. Ferguson Davie, Lieutsaant-Genasl Sir De Lacy Erma,
G.C.8., Lient.-Clasoral Sir W. Codzagton, R.C.8., Col.
Wilaa Patten, Mr. Mangles (chairman of the Hon. Zest
India Company), Mr. &therm Isbourt, Mr. Rawl
Palmer, Mr. Deedes, Mr. Hops Johnstone, Mr. Henry
Druramcad, Mr. Brannan, Mr. Wrightson, Mt. Wyksham
Martin, Mr. Thornily, Mr. Thomas Baring, Mr. Imam,
C.C., Mr. Cobb*, Q.C., Mr. Charles Foliar, Mr. Welter,
Mr. !amid, Hon. George Waldegram, and the Ray. Henry
Drury (seentary and chaplain to the Spesksr) ; Sir James
Graham, Mr. Kan Berner, and Mr. Bonham-Carter were
prevented by randomness from attending._
. .

Him Excellency the Ambaarador of France and the
Connteas de Passim entertained a select circle at dinner
last timing, at Albert-gate House.

- -
Viscount and Viscountess Palmerston entertained
a Went circle at dinner on Saturday evening at Cambridge
House.

REMOVAL OF HEE MAJEBTT AND Comm— Her
Mitisety and the Prince Consort, sosouspanisd by Qui youth-
ful members of the royal family, hit Burlingham Pa seo
this morning for (Arbor:se, where the Gout will rennin until
Go 14th inst.

PRINCE ALFRED'S VOYAGE 'ROUND TUE WORLD.
—lt IS expected that the Queen and Prince Consort, during
their reeidenoe at Osborne, will viait the Euryalos, Captain
Tar Woe, C.E., in which flee ship Prince Alfred I. shortly to
embark on a voyage round the world.

His Highness the Maharajah Dhnlep Singh hoe
returned to Claridge's Hotel, froze Folkestone.

The Duke and Dnehem of Northumberland have
returned to Stormlok Park from *taking Lord and Lady
Warlock at Ewela Park. The noble duke and dacha= are
impeded to care to town next week.

The Duke and Duchess of Baccleach and family
lett Delkeith Palaces near Edinburgh, at eke class of the
past week tat Baykal, the duke's teat in Solkirkshire, where
the nage duke end dachas propose to remain until the
dose of the hunting lesson.

The Doke of Devonshire and Lady Louisa CAM-
dish have arrived in town from Derbyshire.

_
Th. Duchess of Richmond and Lady Cecilia
Goiden Lennox leave town early in the week far Goodweed,
until after Boater.

The Marquis of Northampton and Lord and Lady
Alwyn' Compton have arrived In town from Castle Ashby,
Northiunptonaldro.

The lairquis and Marchioness of Abercorn will
leave Broeket Hall to-day, on a visit to the Counter Cow-
per, at Penehanger, Herts.

The Earl and Countess of Euston have Orived at
Bath novae, hem Wakadald Lodge, Northamptonshire.

The noble eorl sad coastal. will Airily 1..,. Eli(lead for
the Coalinga,.

The Countess of Shaftesbury has left town on a
visit to Vieconatene Jocelyn, at St. Iconard'e-on-Ses.

The Earl of Dalkeith, M.P., has left Montagu
House, for Scotland.

The Earl of Ranfurly, according to the last ac-
e:ante from Dungannon Park, la mach better, and hopes
am now entertained of the noble earl's restoration to health.

The Earl of Donoughmore has arrived at Cla-
ridge's Hotel, from Knocklofty, near Clonmel, Ireland.

The Earl Cowper has left town for Panahanger,
Herta.

Lord Panmure and the Hon.Miee Manle and Mime
Ramsay will shortly laave town for Scotland for some weeks.
and it is understood that Lard John Hassell fa about to re-
sume the occupation of WA Meese in Cbssbam-plaee.
The Count and Countess St. Clair have arrived at
the Brunawleit Hotel, St. James's, tram the Continent.
We (Poet) are glad to learn that the health of the
Hon. Charles Murray, her Mnlestre lesiativr at the Court
of the Shah, la described. In accounts just received, to bass
undergone a mantled improvement within the last few
weeks.

Sir Alexander and Lady Dab Gordon have re-
turned to town from Esher.

Lieut.-Gen. Sir F. Trench lies quite recovered from
his moat indispontion. The gallant g/liferal hes returned
to town from Brighton.

The Right Hon. Joseph Napier haying accepted
the °Moe of Lord Chancellor of Ireland, a requisition from
• body of the actors of the University is in wares of rig-
nature, calling upon Mr. Attorney-Gaul Whiteside to
allow himself to be pat in annination for the seat about to
be vacated by Mr. ;Napier. It is pretty etetata that Mr.
Whiteside will respond to the sanunona and take have of his
old constituents of the borough of Enda:filen.

MITIMTADIXIINT AT Tax MANBIOX-80052..--00
eateaday, the Lad tad the Lady Mamas soar-
rad ai arm dr atata dad mobs etas Chart
Cateasa Owed d dr wads el
I trie=111.8=84,13.121511144110 0070,
sad arapwara dieseedur (he whieh da Us Lad
raw is areabor), dr sal srand ';`"ate.the
aamiela a die Oink la aell al of
I. Caen wore hid a the
q&iltddl Cirents
Im hrap of 200.
mortals's AIIZIC/Jf ZATADrriora.—The
A a. Pad (230 tame, dabs. sae) his kw ea Mown.
litede's dip a Oarreak delloo 401060•14 ad it le pa.
tea to Liverpool, dad te alo Dr. UTimaatoas sad his
sad ter the sow aspedllea. Sae aka (daturda) her
beaded None ea road al We Part, mid e4rteprOleaac Daly ma.