The British Press; or, Morning Literary Advertiser.
London, England, 1826-10-05 00:00:00

POLICE.

illawslow.nousz.—Veatertlay Mr. Finch, the solicitor, Of
Coleinam.street, applkd to the Lord Mayor for summonses against
certain laervione, who had obtained money on pretence of having
certain advantage■, of which those who paid the money should par.
ticipate. The cane would he either one of fraud. or of conspiracy
to defraud, or of obtaining money under false pretences, within the
statute.
The Loma MAYOR interrupted Mr. Finch as he was proceed-
ing with his statement, and asked him whether there wits really
any thing in this case which went beyond the others that had been
before biro.
Mr. Finch declared that the case, and the evidence by which it
was sustained was stronger than any which had yet been brought
before him.

The LORD MAYOR—I ask you whether, as a lawyer, you con-
sider you have stronger legal grounds fur your application ? 1 ask
this before the case is stated, because the applications have been 00
numerous relative to these joint-stock Companies, withon: their
coming to any thing; and I should not he inclined to listen to
another application, unless the parties can say positively that they
are certain their claims are far stronger.
Sir. Finch assured his Lordnitip that he had no doubt whatever
tin the point. Here they had a positive declaration that a grant of
mines was obtained, when there was evidence that no such grant was
in existence. It was held forth that the mines were at work. when
nothing was known about them ; and they had, moreover, the ad-
mission of the parties, pretending that the money obtained was
for bessafisie purposes ; that it never was really intended to work
them. and that they only wanted to catch bears. (Laughter.)
The Lon° MAYOR, under these circumstances, permitted the
Sol eater to proceed with his statement.
Mr. Finch then read the following names, as set forth, of the
Directors of the Company--part of them were fictitious names:—
The Ho,. Washing:on Shirley, 26. Montsgue-square, Port.
man-equare ; Captain Page, East India %Verehouse; William
Hall, Esq. Crosby-square; and Thor tan Emmet, Esq. Holborn.
Then there' were—Thomas Moore, Esq.; P. P. lioldschmidt,
Esq.; Arnold Berger, Esq. ; and Gottlieb Berger, Esq., whose
names he (Mr. Finch) believed to be fictitinus. The Surveyor and
Engineer was W. J. Hantock, Esq.; the Assay Master. P. N.
Johnson, Esq. 51.0.5. ; Solicitors Messrs. Tomlinson, Bennell,
and Cooper; Bankers, Sir J. Peering, Barber, Shaw' and Co.;
and Secretary. Mt. M. G. Mitchell. It wax proposed that a capital
of 51)0.1)1101. be raised, in 5,000 Share% of HIM each ; 11. to be paid
on the allotment, and 21. more oit the Report of a .fommittee at a
General Sleeting of the Proprietors.
The prospectus went on to state, that
" The possessions of his Serene Highness the Prince of Waldeck
have been long considered the most valuable in Germany, in gold,
silver. copper, lead, and iron mines (the latter being in quality au-
perior the Swedish); hut, owing to s want of sufficient capital and
machinery, they have been lying dormant, anti now otFer to British
capitalists a most advantageous opportunity for public investment.
" A grant duly ratified being obtained From his Royal Highness,
it is intended to form the above Association, for the purpose of
working them with English machinery.
" The peculiar advantages attending these mines are—lst. Their
proximity to the manufacturing towns of Iserloon, famoua for
brass foundries; Solingen, famous for iron and steel; Stolberg, fa-
mous for brass ; Elberfield, the seat of the Rhenish %Vest India
Companies, and many others of smaller note; and owing to the
immense quantity of metal consumed by these towns, it is
anticipated that nearly the whole predate will be purchased by
them—at present they are compelled to obtain it at a %cry disad-
vantageous rate from Russia, Sweden, and Norway, and they ate
looking forward with great anxiety to the success of the present un-
dertaking.
"2. The river Weser running close to the mines, the surplus
produce can, at a cheap rate, be exported to Bremen, Hamburgh,
and England.
" J. The mountains are covered with wood, the necessaries of
life cheap, consequently the price of labour is very low.
" 4. The shafts being only from 40 to 50 fathoms deep. little ex-
pense will be incurred in working the mines.
" 5. The mines being at present in work. it is expected they will
in a abort time produce a dividend, and that no more than one-
tenth of the capital subscribed will be required for at least twelve
months, and then only on complete success, and for the enlargetnent
of the undertaking. _ _ .

" 6. The grant being under a liberal Prince, anxious for the em.
ployment and welfare of his subjects, great advantage will be de-
need from his sanction and patronage.
"M. G. MITCHELL, Sec."

Mr. Finch said, he had to adduce evidence of the strongest cha-
racter, namely, that of a witness who was present at the uneetinge of
the Proprietors, and who was cognizant of all their proceedings.
This witness stated that he was now clerk to Messrs. Dickerions,
of Old Bros,!-street, solicitors. He had formerly been in the ser-
vice of the solicitors whose names had been procured for the Pro-
spectus (on an assurance of its respectability). and had, in their
behalf, attended the several meetings of the Directors. Believing
the statements yet forth in the prospectus, he bought 60 shares.
The LORD MAVOR asked the witness whether he had money of
his own to make an investment to the extent of 60 shares.
The witness did not answer this question. Indeed his situation
arid appearance answered it for him.
The LORD Mai on asked him whether the grant from the libe-
ral Prince was produced to the Share:oilier', or whether any secu-
rity was shown to them ?
The witness replied, dial there were some papers produced at one
of the meetings by a Herman named Ashalt. They were in Ger.
m in, but no one could read them, and every one presumed that they
were documents. ( Laughter. )
The LORD Mavon—Well, the credulity of some people is mos
..xtraordina.y. Here I fl. d in the very prospectus contradictory
statements of the demand for the metals by the adjacent towns, of
the mines being productive near the surface, and yet money being
wanted to carry them on. What, host over, can be more inviting
than the following description of the principality of Waldeck ?
• Waldeck. a country of Gernmmy, bounded on the Korth by the
Bishopric of Patertnan, on the east by Hesse, and prefeetured by
Fenster, in the Eectorate 01 Mena; on the south by Heise, and
on the west by the Dully of Westphalia. The length ix ewinputed
at 44 miles, and its breadth 20. The country abounds in grain and
cattle. having also large woods, and the mountains in it contain
lead, iron, and copper, and even some grill, which is esteemed
equal in value to that of Hungary. Of the gold which is scattered
out of the Eder the Princes have tensed medals to be struck, and
a magnificent sirtehoard to be made. Some parts also afford marble,
alabi.ster, slate, and turf. This county contains thirteen towns,
and a market village. The greater part of the inhaltitants are Lu-
therans, and the rest Calvinists, with some Roman Catholics inter-
mixed. The manufacthres are, coarse cloth, barragon, calimanco,
dimity, sateen, and other stuffs; as also paper, and great quanti-
ties of iron ware. for exportation."
His Lordship asked what were the number of Skares which were
taken in this concern.
Mr. Jellico said, that 2000 shares were issued ; 13,000 were itp.
plied for, and 13110 were paid upon. The Ditectonn got It. upon
each share. The person who we, most concerned in the thing was a
Mr. Mitchell, the Secretary, of No. 6, Queen's.row. Walworth.
in all the meetings which the witness attended, the chief and only
subject of discussion was that of the means of keeping up their
shares in the market. It was at first proposed to issue 5000 shares,
and to ask 3/. on each ; when Mitchell said they would never get
them up to a premium if they sent out so many as these, and re-
quired such a deposit. He proposed the reduced number of 2000,
with the deposit of 11. per share. This proposition was adopted.
About March cr April last witness applied to Captain Pate on the
subject, when the latter avowed to him that they had never any in-
tention of working the mines, and that they merely brought it for-
ward to catch the Bears with. Only 501. had been paid to tine printer
and tinern-keeper, and no satisfactory account could be got of the
remainder of the money; and the seances represented that there
was no manifestation of an intention to return the remainder of the
money. ft was believed that a great part of it had been spent in
endeavours to get up the prices of the shares in the marker. The
lion. Mr. Shirley was Equerry, or something of that kind, to the
Duke of Sussex. The witness declared that he knew nothing of
the real state of thinzs until some time after he had purchased the
shares. s
Issue Newton, of No. 20, Dorset-crescent, New North-road
stated that be oceasimally had a little business in the Fonds.
The Loan Marna—That is to say, you are• stock-16E4er. —I
do not tall myself a stock-jobber; I only transact business now and
then in the Stocks.

The Loan Al won—Then I should call you a stock jobber.
The witness depoistd. that upon the statement made with rela-
tion to the Company by the Directors, he paid 1101. upon 110
sharet: part of them he purchased for investment, and part for
jobbing. On some he admitted to the Lord Mayor he had got
half-a-crown premium, on officio ten shillings; but he had a num-
bar left on lils hands.

Some other testimony was given, which was not very mateaial
either way.
The Solicitor, in answer to some questions from the Lord
Mayor, admitted that Mr. flails and some others of the Company
were willing to settle the matter; and that it was expected that the
others would be willing to come forward when they perceived the
law afford.d a remedy against them.
The LORD MAYOR was of opinion upon the case, as stated and
proved before him, that an indictment would lie against the parties.
The legitimate object of bringing them before him could only be,
to hold them to bail to appear and answer the charge. They were
parties who were well known, and he thought that no apprehension
could be fairly entertained that they would run away. If it were
intended to make use of any proceeding before him, to force an ac-
commodation, he could not lend himself to it.
Mr. Finch said that his bordship's aid was sought, as the
cheapest and most summary for the parties.
The LORD MAYOR said, it could not be more cheap or summary
than that of the indictment, which must be the neat step after
bringing the parties before him i and he therein' e dismissed the
complaint, recommending the prosecutors to ploceed at ones to the
indictment.

The LORD MAYOR mentioned, that in consermence of the
notice by the press of the case of Captain Aiuitei. the unfor.
tunate follower of Mina, he had re( sired two sums of 51. and 31.
for his relief, from individuals who had not mentioned their names.
BOW-STATICT.—In consequence of a statement made on Tues.
r day before the Magiatrates, by Charles Grindell, " that Dr. Bur.
tortes had been called in to Mr. OrindeH, sen. and had declared that
he was incapable of takiag care of himself, and dial be required to
be placed under the constant watch of some pan"; and, farther,
that he (ib, prisoner) Intended to take out a communion of lunacy,
and was fully prepared with evidence to carry it to ha fullest ex-
tent," Dr. &moires came to the aka yesterday tzteratom and