The Northern Daily Times.
Liverpool, Merseyside, England, 1853-11-26 00:00:00

THE GREAT ONSLO IF MINES.

TO THE EDITOR OF THE NORTHERN DAILY TIMES.
SIR,—My attention has been drawn to a paragraph in
your publication of yesterday, headed " The Great Onslow
11. tines," and purporting to be the statement of a body of
!..iverpool gentlemen of high standing. This, I presume, is
intended as a reply to a series of letters and correspondence
extracted from the Carlisle Patriot, and published in yours
of the 22d inst. I may therefore infer that these gentlemen,
courting inquiry, are desirous of placing before the public,
such facts connected with past proceedings, as will best
enable them to judge of the present position and future pro-
37)ects of these concerns, as well as of those connected -with
them.

For this purpose it will be well to divest the subject of
all extraneous matter, and confine the attention altogether
to a few of the allegations of the C trlisle _Patriot, and then
let us examine the manner in which they have been disposed
of by the Liverpool " gentlemen of standing" as aforesaid.
Commencing with the letter of the 15th ult., and assum-
ing the facts there stated to be true, I find the following very
pretty narrative of Onslow--accounts of a false dividend
of highly-coloured reports—of large sums charged and re-
linquished without ceremony—of a water-wheel debited by
the purser, which was already the property of the proprie-
tors—of his refusal to produce vouchers, transfer books, &c.
—of the absence of cash and banking accounts—and of a
glaring breach of the trust reposed by the adventurers in
B. C. & Co.

There are also in the subsequent correspondence several
other charges, none of which ought to be associated with
the friends of " men of high standing," and which, if cha-
racter or reputation is to be preserved, must at once be
removed.

In proceeding to examine the reply of the 23rd, we find
not a word about the dividend—the reports—the £1,812
given up by B. C. and Co.—the water-wheel—or the missing
books and vouchers. No reason is given why 25,000 shares
have been quietly relinquished by certain gentlemen in
Cornwall, in Liverpool, and in Carlisle ; no explanation is
offered why in the latter place £4,000 is proposed to be dis-
tributed as hush money to certain troublesome proprietors,
or why, in the former, Penquean shares have been dealt out
wholesale to unfortunates, who are given to understand thoy
are so, and have no remedy.
No, these minutie are beneath the notice, or beyond the
reach of, Liverpool gentlemen, and instead of which they
give us statements of a new constitution--(or in other words
"a new way to pay old debts"); then accounts of ths mauthe
and copper now on hand—and Qontinue by alleging that it
is usual in such mints not to calculate on returns for double
the time this has been working. A prospectus is then pro-
mised, and an intimation that no shares are for sale. Now,
my dear sir, did you ever in all your literary experience,
publish such an attempt at refutation, or justiication
as this? Or can you call it more than an attempt to
explain away the charges of our northern friends ? Does
the new constitution prove or improve anything—or
does the copper ore replace the missing vouchers—
' and what are we to think of the allegation about the re-
turns, when we know that returns have already been made,
and so far back as June, 1852 ? And how does this corres-
pond with the statements of certain gentlemen, who, for
certain objects, assured not only men who could bear a loss,
but even clerks, warehousemen, ay, sir, and also widows
and orphans, that dividends would be paid frequently and
regularly—commencing in May last ? This, sir, is not a
statement without a basis ; it is known to many of as " high
standing" as your correspondents, and will be proved upon
oath, and in open court ere many months elapse. And fur-
ther, sir, it is untrue that there are at present no shares for
sale ; there has, on the contrary, been many shares sold
lately at a discount, and still there arp sellers if there can be
found purchasers.
Such, then, are the respective positions of the correspon-
dent of the Carlisle Patriot and the Liverpool "gentle-
man of standing," And such are a few of the facts now
ready for the public. If this correspondence is provoked
many more may be elicited, which will entail a disgrace
upon the deserving lasting as their hopes of dividends.
Yours, truly,
NON-CONFORMIST.
Liverpool, 24th November, 1853.
[Our correspondent seems to forget that the matters of
which he complains are of a date anterior to the appoint-
ment of the present management. Does he mean to say
that the affairs are not now properly administered ?—En.
N. D. T.]

GOLD TO RUSSIA.—It is understood that a large sum in
Russian half-imperials was on Thursday withdrawn from
the Bank of England for shipment to St. Petersburgh and
Odessa.