The Sun.
London, England, 1834-02-20 00:00:00

COURT OF BANKRUPTCY, FEB. 19.

(Before Mr. Commksioner \Yuma:Nis.)
EXTRAORDINARY CASE.-JOHN YEATHERSTONHAUGH'S

BANKRUPTCY.

A meeting of the creditors under a commission of
bankruptcy issued against John Featherston{laugh was
held to-day, at which some curious disclosures were made.
The commission was issued in Ikl2, and in September
in the following year a dividend of two shiilings in the
pound was declared. The present assignee was chosen in
1818, and a second dividend of fivepence in the pound
has since been declared on the proofs made on the proceed-
ing, and which amount to 11,2361. 13s. Since the last
date no further proceedings had tik:n place. In this, as
in several other case., the superior working of the new
Bankrupt Law is demonstrated.
From the report of Mr. Clarke, the official assignee,
laid before the Commissioner today, it appeared that had
the dividends on all the debts been paid the assignee would
only have in hand 281. ; but from the banking account it
was ascertained that in 1827 a balance had been drawn
out by the assignee of 2401. 21. 3d., no specification
being furnished as to the manner in which that sum had
been applied.

The COMMISSIONER immediately directed the amount
of such debt to be paid to the official assignee, subject to
deductions for actual expenses paid for the benefit of the
estate.

In reply to a question from the COMMISSIONER, the
bankrupt said he had been residlng in Turkey since his
fiilore, and returned in 1831, and believing his property
had ❑ot been appropriated properly, he returned to inves-
tithte the proceedings, and he hoped, with the assistsnce
of the official assignee, to discover a great deal of property
for the benefit of his estate, fully enough to pay 10s. in
the pound, by which he would be entitled to a premium.
The COMMISSIONER highly approved of the conduct of
the bankrupt.
The proceedings were adjourned to allow further inves-
tigation.

By the advices from Hamburg the price of
told is 433 per mark, which, at the English Mint price
of 31. 17s. 141. the ounce for standard gold, gives us
an exchan,e of 13. 9; and the exchange at Hamburg
on London at short being 13. 81-, it follows that gold is
1.16 per cen'. dearer at Hamburg than in London.
Extract of a letter from Lieut.-Colonel Han-
son, Qoartermaster General, Madras army :—" Madras,
Aug. 24, 1833.—1 have written to Sir James Soiling,
telling him that a ship-load of my friends have freighted
a vessel for Western Australia, whither they proceed in
November with 50,000 rupees to lay out in land, about
50 artificers and labourers hired for years, with tents
fitted with glass windows, of all sizes, skeleton houses, im-
plements of husbandry, seeds, cattle, live stock—every-
thing, in short, that can be imagined, and provisions for
their party for two yeas.
THE 15TH HUSSARS.—The late differences
in the 15th Hussies, and the result of the Court:x-11mill
at Cork, canst-quent thereon, have bein, for some time
past, and stil are, the subject of much discussion in the
military circles. The successor to the command of that
corps has not, we have reason to belisve, yet been decided
on by the Coininander of the Forces. Numerous midi-
dates are in the field, and it is said that much interest is
being exerted by certain influential individuals to procure
the nomination of their relatives and adherents: but we
feel a-sured that the good sense and judgment of the gal-
lant officer at the head of the at my will suggest to him ihe
propriety of resisting every political interference, or en-
deavour
to obtrude upon him such officers, however high
their connections or pow.rrful their irfluence, as are not
wholly fit both in mental and bodily capacity for the com-
mand. The names of several applicants have re:ched
some who have appointments about the loyal person, but
who, it is pre-umod, cannot, without relinquishing such
posts, bestow that time which, in the present case, is espe-
cially required to command and superintend the duties of a
regiment of cavalry. Some whose rank and pli ical po
sition are distinguished, but who cannot urge their expe-
rience or service in their favour,—some, again, whose
services, certainly honourable, have so impaired their con-
stitutions as to incapacitate them trout performing the
more active duties of the field,--others, whose object is
evidently to secure an ample competency by selling out or
exchanging upon half-pay as soon as the present excite-
tnent shall have subsided ; and some who may be termed
" soldiets of fortune," and who possess, perhaps, every
qualification fir the purpose but wealth and influence.
Such are the votaries for the command of the 15th Hus.
sacs—a siruation we should consoler, from what has been
elicited by the Courtmartial at Cork, by no means en•
viable, and for which the successful candidate must, in
any case, pay the sum of 3,0001. But, as we have said
before, candidates there are in numbers, and it is to be
hoped that such a selection may be made as will negative
the imputations of " jobbing" at the Horse' Guards,
by giving to the regiment an active, efficient, and per-
manent officer one who, while be observes a gentle-
manly consideration towards those placed under his com-
mand, will have sufficient firmness to upbo;d a proper