The Express.
London, England, 1861-11-27 00:00:00

THE BANK OP DEPOSIT.

The agents at Bath of the above undertaking have
Mined the following circular :—" Now that the report of
the accountants of the above company is before the public,
we think it due to you and to ourselves to state that we
view with the utmost sorrow and indiguation the gross
deception which bee bees pine upon you and upon
ourselves. We are all the victims of • series of most un-
heard of and 'yearned° fume. In UN and 1858 mem-
ber" of this losl board thbly examined the plan of
the institution, which appeared to be quite satisfactory,
mid to afford • simple and secure investment for the
hard earnings of the industrious ; and in aid of such
• laudable object we readily undertook to watch the bud.
flees of this district. In the course of our labours we con-
tinually urged upon the directors the propriety of
strengthening the position of the concern by paying up and
Scenting the full amount of the capital stock, being
100,0011 f. This, we were repeatedly assured, had been
eff sated.

Thin 1860 the folJowiag report of Mr. Nelson (the eminent
actuary) was received by us.
" Extract from Yr. Neison's report, dated London,
July 12, 1860.
" The (moral statement of the aggregate mods and
liabilities of the association, as presented In the report,
shows a balance in favour of the association of no les
than 58,1131. 13a. 4d., which is an exceedingly gratifying
result.
. . _ .

remeMs only to express my satisfaction at the
result a/ the inquiry, and to urge the importance of giving
• wider, mere extended, and comprehensive range to your
operstions.—l have the honour to be, 8.c.,
(alined) Fit.t.Noe O. P. Nemou.'
" Taken from Yr. Nelson's report this 18th July, 1860.
" J. Hamm.'
" We are deeply injured, and 4mpathise moat sincerely
with those who hays been ioduced to place their mew is
an institution which up to the last moment was represented
bus to be more than solvent.

"if opportunity offers we shall most readily give our
assiduous to bring the perpetrators of such wickednees to
" Janos RIMY COTTISICLL, Bewdley Villa ; WILLIAM
THOMPSON, 12, Dunsford-place ; WILLIAM Bum, 7, Royal
Circus ; JOHN ICHISLAILIt, 5, Charlotte.street; Joel
STOTHILIIT SARTORIAL 41, Gay-street. W. H. Banner,
Manager.—Bath, Nov. 28."
The Oazate of Bankruptcy of to-day says :—" The parties
interested in the Deposit Bank appear willing to invoke the
separate jurisdictions of &anon, and bankruptcy ; thus
duplicating costs and delays. It is difficult to decide which
process is mote likely to be efficacious in laying bare that
scandalous anatomy of fraud which the Bank of Deposit,
during its existence, has so invariably exhibited. If
' the directors have declared profits out of dividends
not realised—if they have made false representa-
tion—no person can doubt that they are liable
to criminal prosecution for disobeying the law.
But the partite interested In the Bank of Deposit have
adopted a more wise and discreet noun than an appeal to
the common law. They have made Mr. Peter Morrison
• osnkrupt, and that individual being now subject to
the Bankruptcy Act, 1861, is liable to all the penal
consequences which the new law can inflict upos •
fraudulent and dishonest bankrupt; and this without
the intervention of any other tribunal. For the piun
poses of administration the Court of Chancery may be
quite as efficient as the Court of Bankruptcy, but for
She purposes of detecting and punishing fraud, the latter
tribunal poujossa 'Meal which the former cannot directly
exercise. We believe that if /systematic fraud is to be de-
tected and punished, the new law will be found to have con-
(erred upon the Court of Bankruptcy that civil and criminal
jurisdiction which hitherto had been most inconveniently
distributed among separate and often antagonistic tribunals.
The commercial credit of this country cannot continue to
tolerate such scandalous eases of fraud as those of which
the Royal British Bank, the Eastern Banking Corporation,
and the Deposit Bank, are such flagrant examples. It is
satisfactory to find that the duty of bringing the directors
of the Deposit Bank to justice has been outmoded to the
able bands of Mr. Liuklater, by whom the delinquencies of
Mr. Humphrey Brown. Kr. flimeron, and the other authori-
ties of the Royal British Bank were exposed to public
opprobrium. We believe that the subject has not escaped
the attention of the government, and that in the measure
for the Consolidation of Joint Stock Company Law, which
will be introduced immediately upon the meeting of parlia-
ment, a provision will be made to protect the public ageing;
that system of fraudulent assurance which, in the case of
the Bank of Deposit, has brought ruin and disaster to
thousands of honest but over-credulous shareholders and
investors."

A Paris letter says :—" The theatres here will be
very well supplied this winter with new comedies and
vaudevilles by the principal dramatic French authors, who
are, as usual, working by twos at each forthcoming play.
George Sand is engaged with Alexandre Dumas !ifs and
Paul Meurice ; with the former at Les Beauc Morena., dos
Bais-Dord, which has not yet been disposed of to any par-
Mettler theatre ; and with the latter at a comedy in the
style of the Marquis de Villanser, which has been already
sold for 18,0001 r. to M. Montigny, of the Gymnasts
Alexandre Dumas has not, during his stay in Naplea,
at all abandoned this kind of literature, which, if
successful at Paris, is as good as a gold mine to
those who work at it. He has lately sent, through
M. Marc Fournier, to Paris the manuscript of a drama is
five acts, of the startling and high 'sensational' type.
entitled Les Mohicans de Paris and MM. d'Ennery and
Mooquud are negotiating with the Porte St. Martin for the
1 sale of the /Astaire de Jules amen

It appears that one of the Queen of Spain's
chaplains, D. Fernando do Castro, in a sermon lately
preached in presence of the court in the Royal Chapel I
Madrid, greatly surprised his audience by proclaiming his
adhesion to the doctrines propounded by Father Passagio
au the temporal power of the Pope, and by &avocado/
with much earnestness the principle of a united Italy
D. Fernando de Castro, besides being one of the royd
chaplains, is Professor of General History at the ter
?malty.
The Havre journals state that General Winfield
Scott, who arrived at that port in the A rago steamer, sia
on landing, honoured with quite an ovation improvised II
the officers of the American merchantmen lying in the port
On leaving the vessel, the general had to peel under 0
immense American flag held by several officers, and "
cheered by au enthusiastic crowd of his countrymen all tli
way to the Hotel de l'Europe, which was profusely derv'
rated with American and French Sags, as were also 01
American vessels in the docks. General Scott, who is s.e•
earipanied by his son, Colonel Scott, and his daughler'al*
law, ban arrived io Paris. General Scott is at the Hotel
Rivoli, where his wife has been leas residing.
Workmen have just completed the building it
'[ the Camp of Chalons of a protestant chapel intended br
the celebration of divine service for such of the troop"
are protestant& The building will be inaugurate' Dot
year.
A Vienna letter states that the municipal o.uls•
ail of that city has voted a sum of 10,00 florins to ensblr
certain number of intelligent artisans of limited masa W
visit the Universal Exhibition in Loudon next year.