The Express.
London, England, 1858-09-10 00:00:00

THE EXPRESS, FRIDAY EVENING, SEPTEMBER 10, 1858.

gathering end drilling soldiers, when they have completed
their engagement, shall be reported, and rewards requested,
Net each may receive their just dues without depreciation or
lemilweee. Osly showld any formerly errosecaudy have fol-
owed the miachievoue (Stylish), fallen into their deceptive
ways, who are able early to report, arouse and return to
loyalty in siamety, ft will also not be difficult to forgive
Them for the pees. If able to kill a rebel—Englishman
—end get up merit thereby, then they shall be rewarded
etsordingly.

As for the gamma report oonceralag merit, tiled my fti
over until the great merit is aohieved--whia all the meri-
torious of the province, gentry, merehaate, scholars, and
people, shall be reported to the threw, end eutraortilnery
favour solicited in their behalf, and also 'dreamiest for the
doll, military, and literary graduates, when adventsges shell
be pan sit to the advancing literati, In order to their
stimulation.

These two hundred years have been secanishlith the
map of pesos. Let not the imperial brows of am peel
be iorgettea, giving misname and virtuous imiplepesat.
1.41 i myrieds upon myriads of the people blooms ODIONISI to
the Emperor's easrales, thereby ethibitiag their gratitude
far hie Livonia, which are high, like the Issorms or, oar
W,
end thick like the earth on width we Wed. The
minister loves the people It* ohilesk, dlmpless the wicked
(the English) like enemies. At peas. I dewed into
W chariot, sad take the field for eriosuplag the adiese
and the quieting of my people as a first meserie of import-
awe. Oa this account my commends ow prosisinsi, that
the whole province, officers, patty, Whishrs, and peep*
may tally know. From the publics*. of tale peurinnedoet
and afterwards. whoever appertains Is the swap and the
people ought firmly to unite, drill, beam* snap Wpm, like
Onus sad arms In co-operseicm, balk lisCl
s
end pecuniary liberality, sealowly seri he a=
rime name, hastening the pith* efforts is of his Ms-
jetty, bare breves who know their duty, in mar art kiln.it
the mead of praise conferred as this b 7 the throw isiparar.
His present Majesty
_looks to the poi whom
devolves the rooposailillly of 0.43100111 sad the
multitude to
a suitable preparaliss, sada is Sir semi
will of the Em , where Is evilly the mot anisent hops of
hie minister— y hasten ; do net oppose this 'pedal
proclamation ; 6th mow, 9th day—J sae 19, 1898.

The following is an extract of a letter from an
offer ma board one of the seeds of the Chinese expedition,
dated Polito River, Gaff of Peahens, Ire 18, 1t66:
" I have been ass& tire an Are lately, and has,
arse with some other of the allows, all greying our re-
volves, Skin a walk Into the ether), width I. about a mile
awry rya where wo are lying. The inhabitants at Bret
were ash eke* sod ran away whenever we ; bat
sow they sewn to has perfect faith I. us, sad bbullocks,
sheep, fruits, sad veiptables for us to buy. The
end goverament airs bay. ell run sway sad left their pro-
perty lying la their hems amathetaly at oar marey. I
meet eue that new this Is sot melt of slue
Lek as both English and French have carried off
iserythiag perishes end of value that they weld lay their
reds on. I have been through two or throe Maratha
brave sad have picked up some little things, certainly of DO
value, but what sailors call oars (via., carioaltise). The
ether day three of no rat far a walk, sod went Into one of
the hoar and ford I. a Lege shed or oat-hoer en
Rapist her How II pet there we oath' net find oat, bat
we took paresis slime, and so she was too /fry to swim
well, we gat hold of some Chimers and mode this. easy
bar down es es astztasel;me to our vowel, and rid the
fellow the their whir rather slurried *mu:
hare no doubt, r were more afraid of
shot than anything dna. Talking rent pay*, the
money they use in this Nair, L horrid Sal It I
all mode of • sort of kw, sod rout the alas of • &Tibbs,
with a spun hole through Ma emits, so that they an be
rang la lift of a harked, seek string with tdisuratil
being called • saes. 1,060 of the oohs( osele
ana worth 'boat on. &Ger, or 4n 24., so that ff you got 1
worth of them, you wort require half-a-doss hones to
drag tt slang. We am all paid la dollars as this station, sad
got tome], at the price of 4a. 2d , but as they are —Mimes
worth 41. 9d. sad 6., we leer a little are than our pay,
whir is very plesiont. Yesterday I hod gnat fun weak-
Wtag and lister( to the psymeetar and a Misr trying to
scrum rout sous sheep aad bullocks. Both of
them ware Imitating the cars of each salasal, patting their
darn to their foreheads r horns, and run boldlyg
up their tlagers as a mesa of orating. Os the
same day, a party went in a host up to a alLeadsrla's hoses
to get roe bus, sad as I wanted • walk I went with them.Whin we got ashore we took hold of sight Chinamen, and
m•de them go into the hour. A curious this; out here is
that the poops will not anew • Mandarin's hoer of their
ors sword ; and although we offered them sore very har-
ass drama to keep, they would not tooth them, andoiscood
my frightened that we would near this so. Well, we
mode the Cbiser go into the hoe" and having brought a
lot always. bags, we sat them to shovel the lime into them
The lime was very dry and es, sad mi it was in an outhouse,
the poor werchee were nearly aboked with the dust they
raided. Although they did not Ws lt, soli they worked very
well end willingly ; sad as they saw a bag of awls, they
grinned sad laughed whenever tiny looked at it."

AT CHELTENHAM.

Two Mormonite elders, one of whom wee named
Sigma and mead as spokesman, applied to the bench ea Tem-
day morning for summons against James Roche and John
Gillen "tor disturbing a religious meeting on Sunday after-
noon last."

Mr. PiOrbs/Om—ls your meeda6•hoxe licensed?
abler —No, air ; but I believe according to law we can
meet without a license.

Mr. Pilirington—That we must understand. :(Address-
ing the clerk)—l thought, Mr. Griffiths, that persons be-
longing to say religious hones not Homed could not
come here to oak for puttiatunent of any disturbers of their
vices Y_ _

have the act in my pocket.
Mr. Pilkington—Well, come, as you appear to spier-
stand the law on this quertion we will look M OA
handed is.)
Mr. Hartlaad—la it a regalia or only vomited Men of
misting P
Elder—We always meet in the WPM plops.
The Chrk—ls ha private dwellisg•home
ELler—lt ia, air, and the pleat we meet in le as snob part
of the haute se this ream is part of bulighec.;:
Mr. Nicholls, &may chid-constable—They have appro.
priated the top room and let the lower part of the home. Is
not that so ?

--Eir;os, sir.
Mr. Nicholls (to the bench)—The house bin St. Georseo-
plsco, wit to Miss Forty's.
Kr. Manton—Weil, es an told there is a claws to
the sat of • .pt which tolerated their rosetlng without a
license.

Elder—Yea, dr.
The Clerk refined to the act which was relied upon by the
applicants, bet riled that the 18th and 19th Vie., chap. 81,
wee the oar *pm which the magistrates wookl go. B tide •
building devoted to the purposes of religious as re-
quired to be homed to pot the woraldppore in polemics of
• cower of appeal to the Justices. He suggested, however,
that the ammo= be granted, the point to be discussed who:
the ease cams on for hearing.
To this the Elder esemated, and thou, with his brother,
left the eourt.—CheiteeAdem 'Crammer.

ACCIDENT ON THE ST. GERNAIN RAlEraz.

Relative to the serious disaster which occurred on
Monday night, oa the St. Germain Railway, the company
have sent round the following account —" The trim which
left St. Germain at half-past ten, sad which deemed, by its
own weight the incline of the atmompherie railway, could not
be stopped at the acctistomed place, but ran into a locomotive
whic.b was standing In the Yeshiva station. A violent shock
to,k place. One carriage was broken to pieces. The (nerd
at tie head of the train and two otter perms. were killed,
and several passengers were wounded, some seriously. It is
suppoeed that the break of the carriage placed at the head of
the train meat have broken." From Inquiries white we
have made, we learn that the cause of the accident was, as
stated, the rupture of part of the machinery, in oonameence
of which the train, in descending the slope connecting
Germain with Pet suddenly acquired transude:is
velocity, rushing along by tho Impetus it had sired,
and at last coming with great violence against the en
the line. The persons killed are Lacoste, the actor;
Madame Michel, Ruedes Gravilliera, and Madame Rs
Passage Tivoli. The number of persona wounded isa kr
oi
whom three or four are seriously hurt ; ow bad a limb frac-
tured. Pour of the wounded pars ma were taken to the
home of M. Maldtatre, restaurateur at Peoq, two to the hos-
pital of Bt. Gerrnata, one to the Rotel de Prince dip
and the others were conveyed to Paris. Several 22M
men belonging to St. Germaia were speedily in attendance,
as well as those belonging to the Western Railway. At the
Brat news 01 the accident, M. Citable Lafome, in command
of the gendarmery of St. Germaie, hastened to the spot,
and organised the necessary resistance. M. Delapeyriire,
chief of the working, also arrived at St. German shortly
after the disaster. M. de Si. Mama, prefect of the Seine-
',Oise, and M. Croissant, jug. de pain of St. Germain, were
a's o present, and remained mail all the wounded persons bad
beso properly atteeded to. A judicial inquiry was imam-
&duly commenced."—

FATAL ACME-MT.—PORT TALBOT, SEPT. 7.
A very ditreerriog arxidest occurred here on &today hiaL
Mr. ltcou, the owner of the Snowdrift, loading hers Ow
Cado, observing from the deck of hie easel that hie eon, a
lad of 11 panto( age, had fallen out of hie lonst into the Soot,
loornediotely leaped overboard sod swam towards him, and
enoosedad in ruching the littlo boy, but while in the act of
seizing him be sunk himesif with his eon. Scveral roots
were immediately launched to render arsiataDco, and an oar
wes thrown which the little boy succeeded in catching, and
wee thereby eared, but his father soak to ripe no more. LW
body we, recovered an hour afterwards. He was the son of
the Deo. Dr. lloott, of Liverpool, who with a large body of
swore, mariners and others atunfed the funeral of the on-
/Detonate patleman Wm evening to the pariah church of
Aheravos.

SPOR7ING.

-.-
TATTERSALL'I3.-THMISDAY.

The edtesdaeoswy ebt quite so large as sight hale
=llaas • Thursday before the Bt.Lffisr, awl spew)
sztresealy dull. Tozophilite niamttl ad his pq.l
for the 81. Lew . 2 to 1 was the highest offer a
bat beakers wore disinclined to do busier' undarrtlosf
Help receded to nto 2 offered. The odds quoted against
Eclipse ware booted to • pony may. Alter 500 to 10 had
bees laid two ar three times against Longrange, tee points
I wen Whim . _

Tb;l;ttlag on the Cesaiewitch and Cambridgeshire was
too limited to require comment.

CLOSING PRICES
ST. LEGRR.
2to 1 ago Lord Durby's Tor%Atilt* (t sto 2)
11 to 2 Mr. T. Dawson'. The Haiti (off)
Bto 1 Mr. Howard's &Ups (t and oS)
10 to 1 Mr. J. Murfs Sunbeam (t)
12 to I Mr. Gratwidus's Governess (I)
100 to 8 Mr. W. 8. Crawfazd's Rut Langton
(offered)
25 to 1 Mr. Niohol's Volta (off)
40 to 1 Mr. 8. Willisnm's Knight of Kars (of)
40 to 1 Mr. J. Soott's Lansaw* (t and off)
60 to 1 Count Baulyany's Tb. Farmer's Son
(taken)
60 to 1 Mr. T. Pan's Kelpie (t)
CESAREWITCH STAKES.
18 to 1 opt Lord Cliftlim's Kailas% 6 yrs, 84 lib (hi
71b ex) (t)
20 to 1 Mr. G. Lemke' 800543 yrs, flet 416 (t)
25 to I LoB4 rd Londisboroset's Warlook, 6 yrs,
Sib (off
1000 to SO Mr. Payne's Turned Loess, 3 yrs,
4st 1016 (t)
1000 to SO Capt. LittWs Poodle, aged, Tot (oflLd,
40 to 1 Mr. Copeland's Duchess of Sather
4 yrs, Bat lib (t)
60 to 1 Mr. I. Hodgsoo's Sweet William,
4 yrs, lst Ilb (t)
CAMBRIDGESHIRE STAKES.
28 to 1 apt Mr. G. Lambert'. Rocket, 3 yrs,
AO 1116 (t)
1000 to 30 Mr. J. Merry's BLAchs of Middlobio,
3 yrs, 6u916 (1)
1000 to 30 Lord Ribbleadale's The Happy Lend,
3 yrs, lit 61b (t)
40 to 1 Mr. R. H. Nerill's obit by Collingwood
out of Sneerl_lllis, Bet 21b (t)
60 to 1 Mr. Howsrd's Bo4sa„ 3 yrs, lst lib (t)
- -

Firs RoLairso.—This hone was itriSolcoui of the
Leger mid sli his Whir impammato this yew ou Thursday
hot at 4.20 p.m. It Is seid that las has braise down badly.
Charisetcm, Bolls, sad Pbeatem as streak oat ot ail *hair
usgsgeossitia sad Woomera. is serstehod for the Cour
witch and Cambridgeshire.
The subscription room will be opened we Saturday.

WEYMOUTH RACES-Mummy.

Hilt MAJESTY'S PLATE, of 100 gabbro. About two
Who.

Part Odd Trak. by Wadi at Lai. 4 on 2-. 941 414
mem* 1
°okapi/Wrist Takata Grey. 6 yn.114 111 b ......(w. Boys* 3
No betting. Yorkshire Ony mode the mains until
within Welty hogths of the shah, wire Odd Trick might
Isla. sad woo, after good nee, by a "short wk." Time,
3 80 seo.
TAI DORSET STALLS (111112a31110, 01'6 lOW each, 10 ft,
with 40 added. About a mil* sad three-qurters.
kr. T. Part ins. by Cbsdlidar. S ya.. km (Ilearadsal 1
Mr. Z. M. °wart /Llaor ohs rasa, 4 mat INb . (waist) 2

Wan in a canter by i.e lingtba.

LANARK.-TUZIMAT.
LAN Ili HANDICAP.

Ma 11:471,
id Id 1/4111)------- -----
(Snowden) 1
Trip
o. 5i......... ........ . ...... ...... 1
Ith 2
• • 21121212 J
2s by i itages, fair a rod race.

_
OLUPOOW PLATS.
i is ****************
*******

Itimantsll 1
10bieboal 3

LAXISIITON
Joe lidatog, ....... lecoloal 1
liaasar. las .....
Mew
A . I woe fte .....
ulana Victoria, sad Billy- Faalida,)Oloo rap. )
WzszAx Piers.
Mak Illb
Utak Nall. lal . . .
Oicasootoo
Nemey .. 11."`"` 3
The Taw. &acme AA age AD.

WEDNESDAY.
HANIZTON PLATE.

on) I
M TM ILO(Marlt
Marla)
LacMLR ... lu°3"")

Teeth, lit ab Teat 11146510 ft I.
.....
Blarney, Tat fib .

Swaim /Lucas.

:I=j 1
—MoeVag) 3

env BELL.
mild of Dormiat. M Mfb Ilmeludlos 911) eatafl ........(Moordoo) 1
Oors 14ak SA Mb Unclad:hi 41b extra) ...
LW* Moil, as fib .(Bunlimo) 3
Won by a length oat • lin

HURDLE RAcu.

11.4 (ArnP treat I I
Jae
elalsalMlN. M
nal (T
uaylom r)
Mak/. WI
Violol7, The Poet, Fordlior, Billy Faulds, Bracket, and
Little oho =a. A good ram

DONCASTER MEETING.
THE PORTLAND PLATE of 200 ESTI. IR s n 011110110
Handicap Stakes of 6 sons each, for en este, abase
of any race valtis 600 son. after the weight; ewer, le any
71h =lra. The owner of the iscoad ken In teethe 26 son.
oat of the alarm. Red Hone fa. (91 seas)
Aai .- Irt 12 lima me 11•1 ...... 13Ib
12 03330••• lll
. 12 Mammy ....... 3 9
: IT2=6•
4 14 W
4 T . . I ;
$ • Nuns . ....... ll 4
irk
el nom= . 2
f
One Or waa~Yls~_tlDrr-
lan ...... •
0
.. u
IPBFWAR f

.Animm. .
• • .1 •11
Lido ....... ....... 1 411
1 11
Ifine ..:.. . ...... S •11
bur „it:K.4l6 s •U
0311284 1 111
..iiiiiii i •
10
to
N 2; ...
:: . ...... n
tem
aiii..:::**** • 4 4
J 48.... ...... ::::: 4 4 4
tzarip . ..... .. 1 •
4 1
111ni 411111i112;i1e; 4 7
.... ...... .. 1 4 T
.• ..... . 1 : I 3
end
Soros 1 44•4

HANDICAP SWIIIPST %AU of 10 ware. etch, h ft, with 60
added. fir 11-yr-aida ; a wisher Aar the weights ars out to
carry lib sets; the owner of No mood Maw to Mw hi.
data Baal Roam fa. (28 ear)
s lb A tb
Z 11•06
......... ... •
Ur•bse .
... M 4 i
...... .. . ... . •
lig::: .7.7.:
.... —...... ..... uo
u - a
CZU::—* .... ' •
Tim Zig ....- .....
• -. -..-,.. ......
-"at- ImiiZ••••••••• •• •• •
.. .. -.- ..... ........
•
DONOLITII PLATA ( ) 110P1. for 3-yr-
ebb and upwards ; the wham of say after the pub-
beim of the weights
waft to carry 6lb extra ; any amber of
pieta
lams the ploptaly a the Nano owner sym start for thle
One
DII4
1=1:441i.......... . • 11
Zabel . • 7.: 1 11lb
lu
Dodd leiiiii•::::::: r
=rirari I 1
. A
A
...... I 1111-11Ssil I 1
1
Herm
Sardis ...... ........

Pi:d71&6111 'cc". 3 7
. ...... 3 7
Tweet
Pow . . 3 7
4 7
rdisaimai • • 4
Mon s 1
v. 172 • •••
• 4
Cosvold. • ......
•••••
I "
444/!::i "
DV ... 3 I
Ka.* ......... 3 It

Foil:lnm Faixsza.—The Dumfries Courier
minim LIM Ms odor likailig, vials some pr ware par-
ing le &Mit efilig • ire in Ms wish of Dryfasdale, they
wee Wrist le amid Idle danaws m work, mowing grass
on • maw, wide Mee el his sew were oath sogaged with
a bum waking rug truly. in a field adjacent. On being
obi ass sect of Yob 'twain on Sunday the fanner and
W egmededeted Ilea they had not been keeping a reckoning
of An dim @Ms wink and rous not aware that it was the
tab& Aw, *dr inn net being within " sound of the
lall." Oa learning Ma mistake that hod boon
=mares was thrown down and the borate were en-
arldb Lbw Wu onsinstied till author day.
[Advertimant.] Hou.owsT's PILLS SlNGU-
sozqr man is cooing Lots eormatirm—lers.
of our armed for a wry Mao Iroo wlrobbita'or
of as boor, aM pro Is boa oboolionk INDS
oak alootbo, owl omit of data foroboo la
sors kr =sto. to.lin&rlorro urboloe
orb loorWto daring soy
isoThiaT:Orloodrom to gboi '''kii' MI a e. =4 bp por.
suloory rozlikor air
.rimorzi.driAlo Nor nltzt to to psffist
fa fs slissl re Is Ibo root otalbolo craw, %boo Ur ps twr tot
00 UM SW WM.

tato Intellitgrnu.

COURT OF BANIERUPTCY.—Sm. 9.
(11store Mr. Commissioner Vane.)

The teat:rapt, Edward lieati;,a;Wel stapler, of 116, Rae-
Bass,r , and also of Uxbridge, Anasesham,
Hereford, and applied for his centficate.
The accounts were pub lend et the examination meeting,
but the following observatkee from the report of Mr. Whit-
man, the official assignee, will refresh the memories of our
readers concerning their primal* points.
The balance-sheet, °comment( cm the lat of January,
1866, with a dad of 30,2161., ands on the 9th of Fe-
Mang, 1858, with a of 147,8461., which is shown
as mans :
Amount due to ammoured creditors £ 67,800 0 0
Ditto creditors partly mowed 223,696
Less rake of security held, £100,616.
Ditto collateral moszity, do. 16,896
116,911
107,085 0 0

Total of onward debts £174,886 0 0
Agalaat which the bankrupt giros
up meets consisting of debts £ 856
And property 26,183
£27,039 0 0
Lenin a deficienefse above stated of
Deduct therefrom the bankrupt.' deficiency on
Ist !'nary, 1866
Oawhiek haulm sines that dale
sehionee In the bekatewshsat wars that this de-
flolseey is oust! by the following Mews :
Loos upon purchases and oh and by (19m-
-1 dation of limo'
Discount of bills £22,030 0 0
; Interest
Commission
-- 64,269 0 0
Expanses, via.:
Carrier ot weal
Wep 6,209 0 0
Rent, kr.
insurance
Trade charges
-- 26,867 0 0
Bad debts
Depreciation of sundry property 1'696 0 0
Loss of wool sheen: 1,600 0 0
3,493 0 0
1111,64 b 0 0
Add porous] expenses at the rate of 1,800 a
year 3,761 0 0
Delleiesey which Wart/ea sincethebt
1866, being a period of two years sad one
month 117,380 0 0
Of this deflate:soy there has arisen, as the bankrupt alleges
By depreciatiosot pro 39,perty 74,000 0 0
By trading 628 0 0
118,829 0 0
Personal expenses
£117,880 0 0

It cannot be supposed that the beabrapt brag deadest of
30,0001. on the let luminary, 1866, meld have dealt to the
mosedbey lam way in which the above figures, and thee.
in his Wawa .set, show him to hem dealt (his pu
of wool enionsling is • space ef two yore to seeds
million Mewling), without oonsidemble sesislasee ; sad it .p-
-pears that be received each ambience by other pert* se-
°opting kr his someemodation his drafts upon them megabit
wool cassigned, or to be ocaidgmed to them. At the date of
the bankruptcy there were autoloading bills of this chanater
of .boat 106 0001. The bankrupt kept a ledger end cash ato-
taunt, day blabs, bill books, &a., but some of the somata
were allowed to get Into sneer, and the offish amount
was net added app.
Yr. Leyte (HartUm and Lewis) now appeared for the
• and Kr. Lemma for the serigness.
baaMirterranas omenteaosd his observations by disclaiming,
on the part of his dints, the easigaess, who were the prin-
cipal wallow, say heft of atehmeity towards Yr. Smith,
the bankrupt but he mid they bit it their duty to bring •
very serious charge emainse Wm, namely, that of having car-
ried on an examelve Misr se a time whoa he must have
known himself es be Inetirkembly Involve and they would
have bait the 1•811 tender he wee JastlMd In so doles,
when he new se fl ..rd ISO fit-thing of
capital. He did not stltTh find to the bankrupt, but it
would be seen that be had einumeedl en the Ist of January,
1858, with • &blew ff 10,0081.; Mae It wee that accord-
ing to a statement by the accountant that deadest:7
was reduced by on the let at January, 1868, bet
that redaction wee surely mead ; for taking advantage
of • dee is the pies si wool an lamemed value had been put
upon his Mak and if the bankrupt had over valued his
stock by U. per in. salt', it would ham mode • difference of
many **mead pea& It did not oppose, however, that
10,0001. profit hod been made, It must thinners have been
simply essamplim. Thebes on theleadieg bad been 112,8931.,
being at the mess( 16,0001.
ited
eactaally pur-
chased goods ht the of ens Edna The method
he pienimed wee
onus, lierakt=e, he sell psis; seedam
geode se theta, drearepen thin iti airedan of the cos-
eseesieed pad far the grads with their bills; therefore
when the lesbein ban Obeirebeneigh, Hag* Hubbard,
end tame /died sha Cbseselemenk bed been overdrawn
to theme's* of 80,0001. end reetived se ameideration.
The Comelmitmer—Thm, they were eamemoodation bill
treasectiams.

Mr. Lammas mid, rici.lc so ; beams the acceptanoes
were be amildpalien of mem The benkrppt had no
intrasstry es gnereates to fell back upon. MN* was
no as why a man should not speculate, or he would use
• mere iNpMed term, "mirk in commercial enterprise,"
to • limbed extent, prodded he had a fair capital with which
he wad mecum ale creditors tress lees. But what could be
mid et a man who commenced ao• only without capital, but
with • deficiency of 30,0001., end who had continued trading
when he must have known that all his icons would fall up=
his emitters P The diacomat paid arose from the peculiar
eliarestre and imbue of the bankrupt's dealings, and besides
there was Interest on current advances and bankers'
aemsisien 19,0001. The bad debts were 1,2981. only ;
he wee therefore deprived of the excuse that his
losses moss from sash a cause, beyond which it
showed the high elms of the booms with whom
the bankrupt had brim dealing, and naturally produced a
regret that his business operations bad not been founded upon
more sound and isgitimalo principles. But putting the
matter in the most ilevourable light, and supposing for the
moment that the dsficieney in January, 1857, was 20,0001.
only, thin the lose upon the trading for one year most have
been 124,6901. The failure had orison from a spectre of
speculation.
The Commiesiceer—treenhlfug..

Mr. Lawrence riewned—lf it bad been the case of a mar-
°haat trading to the Crimea who had been iejtaed by the
Hamden war, or that clone tending with India who had beta
damaged by b@ imarnotion at present raging there, than a
high-class certificate might lave been &eked for ; but there
was no unavoidable misfortune is going on gambling with no
capital, eltbongh powered el large credit. As the bankrupt
tosd the pries of wool in the market by his large purchases,
so did he depreciate its value by throwing large quaathise
upon the market wLest glecessity compelled him to do so belies
purpose of meeting his bills he thus did enormous !spay
to many parties who had been distanced by his compaitioa.
It was bad enough for a small trader, returning his 40,0001.
or 60,0001. a year may, to have to compete with the Mader
whose returns amounted to 400,0001. or 6040001. a year ; but
what could be said of the man who assumed the meaner sad
air of • milliosaire, but whose notion of a mlllioa only Wined
in the knowledge he himself possessed of the Immense loss
which must be suffered sootier or later by hie creditere ? It
was impossible to discover any excuse for the bankrupt's
mods* the insult of which would be that his madams
would get but Is. 104. or 24. in the pound, the debts being in
rested numbers 100,0001., and the assets 25,0001. only. He
wee bound to give the bankrupt every credit for the manner
la which he had assisted the assignees in the realisation of
his bat the books had been so imperfectly kept that
they bad been cummeHed to employ en aooouatant et a grist
swans, who had peepered the accounts before thesoum, sad
to whom they recommended an allowance of 6001. This
espouse would certainly have been averted had the bemire
kept proper books, and it was in addition to tho sum
while tiee eolith was under Inspeetioa. He
did not believe the bankrupt hem his position,
or, bad he done so, be would have been guilty
of nothing lose than obtabeing goods under false
pretences. The winding up, under iaspeotios, might have
enceesded, bad not the petitioning creditors thought It a ors
whisk ought to be_ Weight Won the mart, end if creditoes
would mere alienlistonatim ups iimmilgaft the eitorestor
per g
m=doslea eig l a men's weft& nem, menwand be
hem on blindly ad rsoklissly *Ong
maim against the au el their, teases, sad larbletive
euselmsate would become aimed entesameary. The meignees
did net mak for a retied if the bodowea matifieste, or even
that prseselisa &sold be withheld ; *ay regretted the poll
tiesfnwY& Ka Will, by his own reeklumass, had pieced
himade they ask that his Hower would, In
cake, sad sommeretal spirit, onside, the impropriety
of Mr. caws of bodies.
Sewed vitamin wen then oiled, and gave *Adam of
the bimhampre seam ettailing, bat as it cousisial of a loag
sod radabreelleireaphimations sf embus bill sad Mbar trims-
actions beams baakrupr, IMegmbarough, Magliaatt
others, sad ma be sallisatly &wed tram *sebum
which it partly ocakimei, and the Main remarks of Mr.
Lewis in defence, we kebeer troubling oar readers with its
details.

Mr. Lawman baebegsumemsl up the eviimes,
Mr. Lewis rid, ea Moll of the bankrupt be could not
Bed fault with the maws Y width his Mewl Mr. Lessees
had conducted the although he wished the db.
claimer of personal an the pert of tie 111841 MM had
boon omitted. Although ha all sot Womb poromal hang
to them ss a body, WI thus wage mom aboranolmoso trithh
seemed to imply sums We graft on the port et anus big-
But madonna • Mr. WIMINMS had bow in We Iwo
sad manner, mill his oho solorlty woe as Moon so moat
Ewes loaded declamation, and his nirlion war elver
ono which any bankrupt might Isar. Sti I the obetamstanme
of the ems did not appear to him (Mr. Lewis) to bait dot
grand or Important character which Mr. Lammas hog et-
&avowed to give than. Much bad been mkt of Ilr.lbidtles

gigantic transactions in trade, but, admitting they were
gigantic, was it not a wry remarkable thing that he appeared
' in that court without even so much se a suggestion, that he
had committed any one of those offence. of which particular
notice was taken by the eat of parliament. In two
years he bad Girded en timmeetions to the extent
one million staling, end yet not • impedes had
been offered that hs bed ever mishd or taken
unawares any °Mike, nor bed he ever deceived say one with
respect to the true state of his affairs. Was it not also re-
markable that there was not so much as • single personal op-
sition ? What were the bankrupt's dealings sith Cheese-
boreugh P They had mounted to a million of money, and
the remelt was after that mierstotut extent of dealing that
Cheeseborough woe the worse some 60,0001. or 70,0001.,
and the great proportion of that sum, he had admitted, wee
due to matters over which Mr. Smith had no sort of control,
for by far the greater proportion arose from depreciation of
stook which Mr. Smith had transmitted in the regular course
of trade; yet because Cheeseborough unfortunately was in
that positioo, it was contendedthat the bankrupt's certificate
was to be deferred. The same remarks applied to Huh%
with whom the bankrupt bad during two or three years had
transactions amounting to 200,0001. or 800,0001. Yet those
two gentlemen, Mr. Cheeseborough and Mr. Huh*, who of
all others in the world had, if say owe had, • diht to corn-
' plain of the result of their transactions with the bankrupt,
came into the box and gave the court their opinion that Mr.
Smith was an honourable-minded man, that they not only
placed reliance upon hint, but that upon all 000115100/ when
they had reposed confidence in him, he had always met his
obligations, and though he might have been • day or two late
in his consignments, still his word was always kept. The
principal ground of the opposition seemed to be that the
bankrupt bad started in tra& without • °spits!, end that he
mode us of the credit he had in the market, end because a
peak arose, and property worth 120,0001. os the day before,
wee the dal after that panic reduced to • veins of 20,0001. or
30,0001. • the fact that traded to • Urge silent on credit
rubor ihan capital, was to form • re why (eput
from any other offence) the bankrupt was to be refused an
Immediate certificate. But it was said that the bankrupt
wept on in business when he was hopelessly and unmis-
takeably insolvent. If that wire a hot, it would have been
presented to the court as applaud in the face of the balance-
sheet in • manner that must have precluded any ruply. True
It we. that on the let January, 1866, thme was • lesay of
30,0001. The bankrupt then owed 137,7061. to his creditors,
but if he had realised at that this thin would lave been a
deficiency of 4s. 6d. only in the pound. Lord Justice Knight
Bruce had laid it down In "Sx parts Redford," thet "hope-
less insolvency" did not mean such an Insole mey as would
vent tlie bankrupt paying 20.. in the pound, bet such a
as to debits and credits as would leave him no
ciTtsbie hope that, with the ordinary incidents of
he would be able to overtake himeelf." The beakrebtpitimal
valued his stock in 1866 at the market prime of the day—
' 141. 10e. per peck—and it was mid that the retleolies is the
pubesdefir ciency then shown of 10,0001. was metely se eid-
slated amonnt. How could it be otherwise should the
bankrupt then have realised f He bed sad hismaidy, and
as other men would have done. He was not the gambler,
the mere speoulstor, which the assignees had instructed Mr.
Lawrence to call him. The reduction in the deficiency
showed his position was not hopeless. In 1857 his defi-
ciency was one of 20,0001., end he owed 246,0001.,
sad if be had them realised his estate his deficiency
would have been Is. 6d. in the pound ; he °add have paid
everybody 18e. 6d. in the pound, and yet it was said he was
bound to stop then. At that time he had 11176 peeks of wool
in his pommies, sad • rise of 2d. in the lb. epos that wool
would have made him neon than edema. It was certainly
not right to speculate on • rim He did sot do so ; bat he
bed a right to take credit for all the ordinary clicametenme
counsoted with a man's trading. Hs was Wolin then with
• riming market, for the property he valued at 191. per ton
roes twios in that year to 204 10.. per peek. But it was said
hews bound to realise Moistest this—for mere theory's sake
to treat • risieg market es • idling ems Why it wee tra-
vestying bankruptcy law to say that ceder such drown-
stenois a man was to be romantic enough to atop. Oa the
cestrary, testing it by the figures be would have been un-
justifiably wrong if he had .to in 1867. The panic had
been lost sight of by the t
_perhd when men
of unmistakeable honesty end integrity fill prostrate, when
the plenary power of the crown was oceepellisd to be
exorcised to save the Bank of England from stopple', sad
when the Bank of England would not discount • beaker's
first class bill under 10 per cent. Was It utteliblag that •
young trader should give way before a blast so strong f The
next ground of opposition was that the bankrupt had traded
too largely, and so long as facilities were a&rdeil for •
copious supply of money such as the bankrupt had, trades
would be tempted to trade beyond their capital. In the mos
of commerce some men undoubtedly might go too @stilly,
and in commercial affairs there was undoubtedly that " vault-
ing ambi kin which overleapt itself ' socounses displayed. The
sediment named to think the bankrupt should have gone
use-mouthed and laid, "Mind, I have no capital, this is
all apes credit." But the onus was the other way; they
knew he was • young man who only started six or ems
years ago ; they knew he was trading largely, and they could
have asked him if he was trading on his own means
or on borrowed money, and if they did not de so, it
was not in their months to say he bad been overtreding, It
had been suggested In the course of the case, by Mr. Ly-
me., that if the bills of the beektupt had been on men of
straw, it could have been found set; but because they were
bona Me bills fault was to be found with Mr. Smith. That
argument reminded him of the couplet—
My wound is great because it is so small,
And would be greater if 'twee* now at all.
- - -

Mr. Smith was not • 'Peculator, but he had credit offered or
given him by persona who bad now no right to complain.
He (Mr. Lewis) hoped hie honour would not punish the
little man for the benefit of the great. The credit Mr. Smith
bad would have been of no use if be had not had what was
milled a good discount channel. Mr. Smith had not one but
several. If theme were to be discussed on great commercial
pounds, he would ask, had any banker a right to discount
another man's bills to the extent of over 100,0001. without
asking a question P Did that protect commerce, or put a
check on on:trading P Three-fourths of the creditors in this
case were the bankers and bill broken, who had given Mr.
Smith unlimited credit. Did it lie In their mouth to com-
plain, when it was proved they never naked him a question as
to his mesas ? Had they given him the advice which would
have gone with great effect to a young man, and which they
might easily have offered respecting the mode in which he was
trading, they would have stood in a far diffaent position. The
reenhof hie failure wee, that he owed 205,63.31., hut 14,4921. of
that sum was in roped of liability, whiok In (Mr. Lewis)
submitted ought to be reduced from the gram amine in this
way, that but for other parties hewing failed, and thamfore
those liabilities having come upon his estate, that 14,4921.
would not have appeared in the bankrupt's bakmes-elmtat,
and his actual debts would have been 111,0001. Just before
the panto in SoPtembeir, 1867, he bald 11,650 packs of wool ;
the price was then 201. 10a. per pack. Thet wool was sold at
different pekes, either before or after the bankruptcy, by the
=
.
1108264140•11 which ranged at 121., 131., and 141. per
(Mr. Lewis) submitted that under a the armee-
stances of the ease the bankrupt was entitled to a sewed-class
osetificete.
His Honour deferred judgment.

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