The Sun.
London, England, 1855-07-05 00:00:00

tence they will have to fear is that of the Com-
missioner in Bankruptcy.

But while deploring these aide-spread evils we
must not suffer ourselves to be led beyond legiti-
mate bounds, or be induced to put undue re-
strictions on credit, in the hope of preventing the
repetition of such frauds. It has been truly said
that " bad cases make bad precedents," and far
greater mischief might be created by too
stringent laws on such points. It is unnecessary
to say how completely the prosperity of a banker
must depend on his untainted credit. Even the most
solvent man may require large advances at a par-
ticular moment, the nature and necessity whereof
he might be very unwilling to disclose. Any delay
or undue inquiries might occasion his ruin, and
it is one of the chief advantages of an unblemished
reputation that the party can obtain the assis.
lance he needs on the faith of his previous
character. A banker may surely have securities
of his own w'aich he might lawfully hypothecate,
or he might have made advances on those of his
customers, and been therefore entitled to use
them to the same extent. It does not follow that
th© most prudent dealer in money should neces-
sarily scent out fraud in a transaction entered
into with a man who held the position
lnd character of Sir JOHN DEAN PAUL in Feb-
ruary last. The parties who instituted offensive
inquiries, under the circumstances, might aban-
don their business, for few would consent to deal
with men who insulted them by presuming the
most atrocious guilt in every transaction.

In the above remarkswe do not wish to be taken
as offering any opinion on the conduct of Messrs.
OVEREND, GURNEY, SS Co., or other gentlemen who
advanced large sums to Messrs. STRAHAN and Co.
on the securities of their clients. Legal questions
of considerable nicety may arise between the
owners and the holders of these securities, and
without the most full and complete information
respecting the peculiar circumstances in each case
we should not venture to pronounce a de-
cided opinion. We should, however, decidedly
impress on commercial men the propriety of
doing nothing rashly or without full and mature
consideration calling for restrictive enactments,
the effect whereof may be very prejudicial to
legitimate commercial operations, so that the
remedies may be far worse than the disease
they were intended to cure. There is no greater
folly than in striving to shun one evil to suffer
ourselves to be drawn into others of no less
magnitude, and alike prejudicial to the lute-
res::s and reputation of a trading com-
munity. Let us then duly profit by the
bitter but salutary lesson we have been taught
by the misconduct of STRAHAN, PAUL, and
BATES ; but not magnify the mischief by ill-
advised enactments that might prove more preju-
dicial to commerce than all the frauds committed
by bankers since the LOMBARDS' business was
first introduced into England.

LORD RAGLAN.

GENERAL ORDER.

HORSE GUARDS, JULY 4, 1855.

The General Commanding-in-Chief has received
her Majesty's most gracious commands to express
to the army the deep regret with which her Ma-
jesty has to deplore the loss of a most devoted
and able officer, by the death of Field-Marshal
Lord Raglan, the Commander of the Forces in
the Crimea.

Her Majesty has been pleased to command that
her sentiments shall be communicated to the
army, in order that the military career of so
illustrious an officer shall be recorded, not only as
an honourable testimony of her Majesty's sense of
nis eminent services, and the respect duo to his
memory, bat as an example worthy of imitation
by all ranks of her army.
Selected by the Duke of Wellington to be his
Military Secretary and Aide-de-camp, he took
part, nearly 50 years ago, in all the military
achievements of our greatest Commander. From
him Lord Raglan adopted as the guiding prin-
ciple of his life a constant undeviating obedience
to the call of duty.

During a long peace, his life was most usefully
employed in those unwearied attentions to the in-
terests and welfare of the army, shown by the
kindness, the impartiality, and justice with which
he transacted all his duties.

When war broke out last year, he was selected
by his Sovereign to take the command of the
army proceeding to the East : he never hesitated,
he obeyed the summons, although he had reached
an age when an officer may be disposed to retire
from active duties in the field.

At the. head of the troops during the arduous
operations of the campaign, he resumed the early
habits of his life ; by his calmness in the hottest
moments of battle, and by his quick perception in
taking advantage of the ground, or the movements
of the enemy, he won the confidence of his army,
and performed great and brilliant services.
In the midst of a winter's campaign, in a severe
climate, and surrounded by difficulties, he never
despaired.
The heroic army, whose fortitude amidst the
severest privations is recognised by her Majesty
as beyond all praise, have shown their attach-
ment to their Commander by the deep regrets
with which they now mourn his loss.
Her Majesty is confident that the talents and
virtues which distinguished Lord Raglan through-
out the whole of his valuable life will for ever
endear his memory to the British Army.
By command of the Right Hon. General Vis-
count Hardinge, Commanding-in-Chief.
G. A. WETHERALL, Adjutant-General.

THE LATE MR. JAMES LOCH, M.P.—We regret be
record the death of this widely-known and generally
esteemed gentleman, at his residence in Albemarle-street,
London, on Thursday last. He was the eldest son of
George Loch, Esq., of Drylaw, in this county, by a
sister of the Right Honourable William Adair, of Blair
Adam, Lord Chief Commissioner of the Jury Court in
Scotland. Born in 1780, he was called to the Scottish
bar in 1801, and was soon afterwards admitted a mem-
ber of the English bar. He was, at one and the same
time, auditor to the Duke of Sutherland, to the Earl of
Carlisle, to Lord Francis Egerton (now Earl of Elles-
mere), and to the trust estates of the late Earl of Dud-
ley and the late Lord Keith.—Edinburgh, Courant.
DEATH OF THE HON. CRAVEN FITZHABDINGE BEBE--
LET, M.P.—We regret to announce the death of the
Hon. Craven F. Berkeley, M.P. for Cheltenham, intel-
lizence of whose demise, at Frankfort, reached town
yesterday. The hon. deceased, who had been in indif-
ferent health for the last two months, at the recommen-
dation of his medical advisers, proceeded to the German
Spas little more than three weeks ago, to try the effects
of the waters, but he was detained at Frankfort by ill-
ness, and died on Sunday last. The deceased was
youngest son of the late Earl of Berkeley, after the mar-
riage of 1796, by Mary, daughter of Mr. William Cole.
He was born in May,,1805, and married, 10th Sept.,
1839, Augusta, widow of the late Hon. G. H. Taib(4,
and rnotherof Lady Edward Fitzalan Howard. The
hon. gentleman was formerly in the Ist Life Guards,
and has represented Cheltenham in Parliament since the
general election in 1832. A vacancy is occasioned in
the House of Commons for that borough.
DEATH OF Mn. JAMES SILK BIICKINGHAM.--This well-
known lecturer and writer died on Saturday, at his resi-
dence, Stanhope Lodge, Upper Avenue-road, after a
severe and protracted illness. Not many months since
the deceased commenced an " Autobiography," which
Beaupcackiittraliewaa
promised to be exceedingly voluminous. The portion
published anfficed to show that the career of the author
had been singularly chequered and adventurous. Mr.
th© world, and over the g
efteiarwhai
afterwards
earlyds b ee
adma yes
caotnspeeac,
tiend an i humbleth
jour.
tion with various philanthropicon schemreesa,t
nalism in India, travelled
returningand
d to England, acquired some
fame as a lecturer,
1 was elected M.P. fofSheaeLlT
gw conspicuous by his connec-
sent that constituency untillB,37
which were looked u
and continued to repre-
ermapnayrt
of
practicable. in 1832 he
thhilee in Parliamentmov
emovement,
he was active in promoting the temperanceeiudfcal evidencencommitteee
instrume
ntal
the
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respe
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whose w instance s t
jug intoxicating liquors was collected.
with the British and Foreign Institute, and the ridicule
with which many of his proceedings were visited by
i Punch, will not be forgotten. Lately, since his name
was placed on the pension list, Mr. Buckingham has rice
t tken an active part in public life. As a lecturer, he
possessed many advantages, his voice and manner being
extremely well suited for oratorical display. He was also
fluent an d atimated, and gifted with a lively imagination.
lle died in his 69th year.