The Sun.
London, England, 1853-12-19 00:00:00

of the evil he entailed on this part of Ireland, was led,
together with your predecessor, to carry away from us
this advantage, which involved so trifling an expense,
by depriving us of any communication between two
ports, which their lordships inform me they are thoroughly
repairing and still expending money upon. Will you
allow me to ask, under these circumstances, for what
purpose this outlay is made 1 It is tobe hoped that you
And Lord Canning will not allow us still to doubt as to
'what your decision will be on the relative merits of
Donaghadee and Portpatrick as contrasted with Belfast
and Loch Ryan.
"From the numerous representations you will re-
ceive, there must be strong partisans for each line. I
have already endeavoured to represent their merits to
you, as well as my own conviction that it is impossible
that both lines, with a double set of packets, can be suc-
cessfully established in this district, and I am equally
certain that both must fail if the contest is persevered in
and the Government will be so weak as to decide in favour
of neither. All me to say, with all respect to the Board,
that it is idle to assume that private enterprise must
soon realise all that we seek for in this desirable object.
Time has already shown how inadequate our capital is
fos such objects, and can it be alleged that the Govern-
ment can in no case aid poor and populous districts in
Ireland because the speculation and expenditure will fail
to pay ? It is because it does not pay that speculators
will not embark their money, and thus the duty of the
Government to assist arises, and can it be a reason that
because the Government have provided commodious
harbours at a heavy cost, they are now to leave them
wholly useless for the want of some future aid, which it
is clear this part of Ireland cannot supply ? Do the
Government conceive that what has already been ex-
pended on those harbours is so liberal a contribution on
their part as to induce the expenditure of private capital
on steamers, while it is known that, owing to these har-
hours not having been completed, as originally intended,
they are not at present in a state to receive steamers
which could efficiently perform the packet service ?
4, With respect to the observation of the Board that
packets are no longer furnished by the Government in
any part of the United Kingdom, it need only be asked
is there any part of the United Kingdom similarly cir-
cumstanced where so little assistance could accomplish
so much ,and where under existing circumstances aid
appears to be so justly and imperatively due ? And I
• would only direct your attention to the strange anomaly
of an arrangement which subjects the mails and passen-
gers to the risk and inconvenience of a nine hours' pas-
sage through a turbulent sea, and all the contingencies
necessarily resulting from it, in preference to the short
and easy passage of three hours by Cairn Ryan, or one
and a half by Portpatrick.
"And now to conclude this long prose, I would ha-
plore the Board of Admiralty, and more particularly
yourself, to carry into effect, with the least possible de-
lay, some measure for the accomplishment of this great
nautical object. And be assured it will give you more
gratification and popularity than striking out further
improvement in the steamers plying between Dublin,
Holyhead, and Liverpool ; and the Treasury spending
more treasure on the Vivids, Ladies Alice and Mauds,
going between Dover and Calais for the aristocracy and
visitors, and their retinues ; and if our short passage is
thus established, it will surely induce her Majesty to
visit this portion of her empire, then brought so close
to her Highland residence in Scotland.—l remain, my
dear Sir J ames, yours very faithfully,

"VANH LONDONDERRY.

"Sir James Graham, Dart."
It was then stated in a communication from Sir James
Graham, not official _ _

" That the proposition and its adoption depended on
the will of Parliament, and on the controlling power of
the Treasury ; and Sir James Graham could not ask
them to reverse a decision so recently taken, after full
description and after a careful review of the merits of
the case."

In reply to the above, Lord Londonderry addressed
to Sir James Graham the following letter
:
"Mount-Stewart, 26th Nov., 1853.
"My dear Sir James—You are always very kind in
your expressions of friendship and personal considera-
tion •towards me, but in the present case this business
has taken a public and official turn. I can make no
use of your private communication, as I look for seine
official answer on the laws of the Admiralty, and the
case will then stand before the public at large, and will
afford, I hope, fresh fuel to that fire that I shall not fall
to keep up on her Majesty's Government and Parlia-
ment as long as I have any power to wield my humble
pen, or means of public expression of my' opinions.
" I know the will of Parliament must be bowed to,
but I know also a continued agitation on a just and
good cause (to wit, Free Trade, itc.), overcomes in the
end mistaken economy, and obstinate misconception.
"I know, also, that talking of some few thousand
pounds outlay for the Treasury of Great Britain, for a
substantial national object for her Majesty'o liege sub-
jects in Ireland, is what our poor lost duke would de-
nominate a farce.

" I shall wait your official answer before our friends
in Belfast move further. May I beg you will not delay
it, if you think it right to send any reply. There was a
large meeting at Donaghadee yesterday, but this will
have no result. All must unite in one cause, and one
course.---Believe me always, yours most sincerely,
" VANE LONDONDERRY.
" Sir James Graham, Dart., &c."

No further communication having been received, up
to the 10th December inst., from the Admiralty, it was
thought right to publish the foregoing correspondence,
in consequence of great public and general meetings at
Belfast of all the northern gentry, merchants, and pub-
lic men, on this most important subject.

LAW INTELLIGENCE.

COURT OF BANKRUPTCY.-DEC. 17.
IN RR TREDINNICK.-CASE 07 A MINING SHAREBROKER

This was the last examination meeting in the case of
Richard Tredinnick, described as of "No. 6, Haymar-
ket, sharedealer, dealer in shares, dealer and chapman."
The accounts, which are very voluminous, have been
prepared by Messrs. Harding and Pullein ; they extend
from the 18th March, 1851, to 3rd November last, the
date of the failure, and occupy 49 folios. They comprise
a statement of the bankrupt's affairs in March, 1851,
when he appears to have had a surplus of 491. The
position of the estate at the time of the former bank-
ruptcy is also detailed at great length, The former
bankruptcy having been superseded, most of the lia-
bilities under it have revived. The balance-sheet is in
the following form :-
Dr.-To creditors unsecured, 7,4041- 13s. Bd. ; credi-
tors for calls on shares, 3,8931. 4s. Bd. (see contra) ;
creditors holding security, 6,5161. 9s. 10d. ; liabilities,
3,3541. 4s. 4d. ; surplus, March 18, 1851, 891. 7s. ld.;
profits on shares, 17,0121. 19s. 11d. ; sundries, 389.
13s. ; profit rental, 1111. 12s. 10d. ; difference in books,
ld.-Total, 34,879/. Os. 9d.
Cr.-By debtors, good, nil ; doubtful, 571/. 2s. 9d. ;
bad (carried to losses), 2,6801. Os. 10d. ; household fur-
niture, &c., realised 1551. 6s. ld. ; shares, estimated to
realise, after deducting calls due, 8001. ; property held
by creditors, 7,542/. ; liabilities and per contra, 3,3541.
4s. 4d. ; trade expenses, 2,324 l 10s. ld. ; interest and
discount, 1,4241. 13s. 4d. ; law charges, 1,4681. 4s. 2d. ;
house and personal expenses, 1,5361. 18e. id. ; ex-
penses under former bankruptcy, 4581. Os. 6d. ; pro-
bable depreciation in shares given up to the assignees,
2,5061. ss. 4d. ; losses, 7,7431. 9s. 6d. ; ditto on shares,
4,9941. 6s. 7d. ; total, 34,8791. Os. 9d.
The unsecured creditors are numerous, and of small
amount, only two of their debts exceeding 5001. The credi-
tors for calls on shares are the Leeds Town Consols Mine,
the North Cornwall Mining Company, andthe South Ding
Dong Mine. The bankrupt appears to have discounted
largely • amongst the losses is an item of 3,439/. in re-
spect of some acceptances of Mr. Hennett's, which the
bankrupt discounted, and for which he had to provide
on Hennett's failure. From the detailed statements of
profit and loss on the various share transactions, it
would appear that the bankrupt had dealt in about 60
different kinds of mining shares.
The petitioning creditor under the bankruptcy was
Mr. W. Cox, solicitor, of Pinner's Hall, Old Broad-
street. The act of bankruptcy was a declaration of in-
solvency, signed by Mr. Treddinnick on the 3rd of
November. At the meeting for the choice of assignees
held on the 19th ult., debts to the amount of 1,7001.
were proved, and Mr. Benjamin Pidwell Bathen, mining
broker, of Crown-court, Old Broad-street, (a creditor for
1551. for money lent), was chosen trade assignee.
Mr. Cox, •n behalf of the assignees, asked for an ad-
journment of the last examination meeting, as the ac-
counts had only been filed on the preceding day. It
was a very extensive failure ; and the accounts com-
prised a tremendous mass of figures.
The Commissioner-Here again I am asked for an ad-
journment. We never pass an examination now on the
day fixed for it. How is this?
Mr. Nicholson, the official assignee, said the accounts
involved an enormous mass of figures, and would require
careful investigation.
The Commissioner-Never mind the mass of figures.
What do you say as to the mass of property ?
Mr. Nicholson said there was some property.
Mr. Cox believed the amount of assets realised would
depend entirely on the exertions of the banknoti
mines,
consisted of shares in an immense number e
which were depsited with creditors, and some of
them might be of very large value. The assignees
were entirely dependent on the exertions of the
bankrupt in this matter ; and he was bound to say
that since coming into that court he had used the ut-
most diligence in endeavouring to realise the property of
his estate, and had already succeeded, in several in-
stances, in getting rid of a parcel of' shares which were
not supposed to be worth a shilling. The assignees
would readily assent to any reasonable adjournment,
believing that the bankrupt had been very diligent in-
deed in the preparation of his accounts, and that much
time had been necessarily consumed in their preparation.
The Commissioner--What is the date of the adjudica-
tion ? _ _

Mr. Cox—The 4th of November.
The Commissioner--Well, that is not a long time.
What time will you require to examine the accounts ?
Mr. Cox—l think a month will enable us to make the
investigation. The books, I understand, have been re-
markably well kept by double entry.
The bankrupt said the accounts were as perfect as he
could make them ; he did not think they would require
amendment. He had gone carefully through the ac-
counts ; he understood them, and was satisfied that they
were correct.
The Commissioner—Then let the examination stand
adjourned for a month.
Mr. Cox, in the absence of Mr. Lawrance, who was
instructed for the bankrupt, asked for an allowance, and
again referred to the assistance which the bankrupt had
rendered the assignees.

_ -
His Honour said the question had better stand over
until the assignees had examined the accounts. That
was another reason why he was averse to granting ad-