The Sun.
London, England, 1833-06-01 00:00:00

INSOLVENT COURT, MAY 31.

Arthur William Morris, High Bailiff of the city of
Westminster, B Ailiff of the Sanctuary of Westminster,
Le'see of the Manorial Rights under the Dean and Chap-
ter of W stminster, &c. &c. &c., appeared before the Court
on his petition to be discharged from his debts, amounting
to 17.0001., and was opposed by Mr. Nicholls, on behalf
of Mr. Robert Mason and wife, executor*of Mary Chapel],
and by a Mr. Barry for Mr. William Adams, a grocer,
and creditor to the amount of 1681. ; and was supported
in the matter of his petition by Messrs. Cooke and
Wood roffe

It appeared that the insolvent became High Bailiff of
Westinins,er in 4806, by purchase, with consent of the
Dean and Chapter, having paid a large sum to nis pre-
decessor, a Mr. Browning. for the situation. His offices,
as observed in the in,roduction, are numerous, and his
sources of profit, consequently, various, and sometimes
very valuable ; the most profi able being terined—p.,s,
fines, fines on jurymen, incidental fines arising out of
Cour s of R quests, and fines on the goods of feions living
and convicted in Westminster. For his to inorial rights,
and various other rights of fine, he pays 100/. per annum,
the grant being, from the Dean and Chapter of West-
minster. Its receipts in some years, including all profits,
he stated to have been as high as 3,000/. ; while in
others, they were as low as three hundred vim's. These
sums formed the extremes in either way. In one parti
cular year, he was most fortunate in his profits, the fine
imposed on Sir Minassah Lop• z having been so heavy,
that it proved to him (the insolvent) a rich soiree of
emolument. At another period, his expectations ot a rich
p 'fit were greatly raised, but, in the tesult, were disap•
pointed. An of lady, it appeared, who was possessed
of a large fie tune, went into a shop, on pretence of milt-
ing some purchase-, and stole a piece of lace, of the paltry
value of one shilling She was detected with the lice in
her pocket, in hich it was discovered that she, at the sone
time, had several thousand pounds sterling ; and having
been brought to trial, she was convicted. The insolvent,
in cons quence, expected to receive a large sum of the
forfeited property (ruin the Treasury ; but his claim proved
to be unsustainable, owing to its having appeared that the
convicted was not domiciled in We.tann ter when the rot,-
bery was committed. He felt satisfied, heoliserved, with the
decision of the Treasury. It further appeared that his net
income, in 1831 and 1832, did not amount to muse th in
4001., while his rate of living amounted to 1,5001. or 1,6001.
He attributes his insolvency partly to his hiving become
security to Government, to the amount of 7,01101., for a
friend, who, in his capaciy of Receiver-General in one of
the departments, became a defaulter ; and that sum the
insolvent, though greatly to his own inconvenience, most
bonoutably discharged. He also, in part, attributed his
insolvency to his having lost about 3,0001. by the West-
minster elections, three of which latterly proved unpro-
ductive, the candidates declining to deiray the expenses.
Since 1829, he added, he has not received any large sums
by his offices ; and that, in consequence of his difficulties,
he has been retitle. d to the necessity of mortgaging some
of the profits of them.

The insolvent was declared entitled to his discharge.

MONTHLY MILITARY OBITUARY.

Lieut.-Gen. Trench, from R. Mar.

Lieutenant-Colonels—Boteler, R. Eng., supposed to be lost
in the Calypso packet ; Hon. John Creighton, Governor of
Hurst castle, Dublin ; Redmond Browne, h. p. 5 Dr. ; Mas-
sey, h. p. 1 F., Hatfield Manor, near Doncaster.
Majors—Crichton, 5 Dr. Gds. ; Eager, 31 F.

Captains—George Mackenzie, 14 F., Athlone; Park, 2A3 F.,
Allahabad, Bengal ; Eyre, h. p. R. African Corps, South Sea
Common ; Kessler, h. p. Lt. Int: Bn. K.G.L. ; Clements, h. p.
King's Americans, Douglas, New Brunswick; Duncan Mac-
pherson, h. p. Unatt.

Lieutenants—Ottey, 6 F., Poonah, Bombay ; Heron, 20 F.,
Bombay ; Cox, 39 F.; Warrapilly, Madras ; Aubin, 57 F.,
Fort St George; Inkson, 80 F., Magherafelt, Ireland ; John-
son, h. p. 48 F. ; Stewart, h. p. 60 F., Quebec ; Campbell, h. p.
77 F., Lockgilphead, N. B. ; Jeboult, h p. Rifle Brig.
Cornet, Ensigns, and Second Lieutenants—Surtees, 14 Lt.
Dr., Clifton, Bristol ; Young, 6 F., Poonah ; Newell
69 F., St. Vincent ; Murphy, h. p. 23 F., Athlone.

Quarter-Masters—Fitzsimmons, h. p. 6 Dr. Gds. ; Rofs,
French's Levy, Ross hill, near Queensferry.
Medical Department—Staff Surg. Barr, h. p. ; Surg. Harris,
h. p. R. Newfoundland Fenc., Halifax, N. S. ; Surg. Cooke,
M.D ,h. p. R. Art. Jersey ; Asst. Surg. Newcombe, h. p. 60
F. : Asst. Surg. Giffney, 16 F., Chinsurah ; Apoth. Brown,
h. p. Staff, Devonport.

MONEY-MARKET, FRIDAY EVENING.-
The meeting of Bank Proprietors broke up too near the
termination of mercantile business in the City to allow any
opinion on the merits of the new Ministerial plan to be
collected from the moneyed interest at large. It is quite
safe to say, however, that the terms offered are thought to
he at least as good as the Bank was entitled to, or was
conceived to have any prospect of obtaining. The private
bankers, as may easily be collected from the sentiments de-
livered by Mr. S. JONES LLOYD at the meetin4., who may
be presumed to represent them on the occasion, are well
satisfied with the new plan. Of the willing acquiescence
of the country binkers also there cannot be much doubt.
All the facilities of private banking will be extended by
it, in its dispensing with any provision for a stock of gold,
while the suspension of the usury laws, and leaving no
limit to the rate of discount on bills not having more
than three months to run, will he highly beneficial in
their transactions with their depositors. Of the con-
fining the issues of bank notes to one establishment for
tl e metropolis and its vicinity, we do not hear any
complaints, but the necessity is not so readily admitted for
prohibiting joint stock batiks and private banking esta-
blishments with more than six partners within sixty-five
miles of London. Such banks would have afforded greater
security for depositors of every class, and con (I have had
tin other ill effect, if notes were not issued, than of dimi-
nishing the profits Nf banks already established. Trie pro-
posed mo 'e of giving publicity to the transactions of the
Bank of England is a good aeal obj .cted to, in ;much as it
is understood her. to be the intention of G verninent not
to publish the weekly accounts col eciively, or an abstract
of them, at the end of the quarter, but to make an average
merely of the stock of but ion and i-sues of notes, which
will leave the mon-yed interest at large nearly in us great
i,norance as before of the real state of the Bank. Nobody,
except the proprietors of Bank Stock, thinks the deduction
of 120,000/. a-year from the allowance for transacting
the Government business to be too much. In fact, there
are statem nts in circulation to show tnat the offi-
cial accounts of profit fron► that source are vet),
much underrated by the Directors, and that they could
very welt aff,rd to make a touch lager deduction. One
of the objects of greatest curiosity among the Bank pro-
prietors themselves, has been to ascertain in what way
their interests wound be aff•cted by the proposed repay-
ment of 25 per cent, on their capital lent to Government.
Stipp sing the stock to be worth, say, as a round number,
2001. the effect will be this—that each proptietor will
receive 25/. in money on each 1001. stuck, and will then
be left with 751. stock, which at the same rate would be
worth 150/. only, arid he is consequently, to appearance,
a loser of 25 per cent. But if the same rate of profit, or
a greater is to be made by the Bank, then the dividend
taking place in the reduced capital may possib y be
10 instead of 8 per cent., which will place the pro-
prietor in nearly the same situation as before
as to the market value of his stock. This, how-
ever, is a contingency not very safe to be taken into the
account, as the Directors under the new system will find
it prudent to keep a large reserve, anti not divide to the
extent of their profits. That the making bank-notes a
legal tender will be a protection against panics, artificially
or with fraudulent motives created, seems to be pretty ge-
nerally admitted ; but on a great fall in the exchanges, or
the occurrence of any real danger, it is held equally cer-
tain that the Bank and the country too will be placed in a
situation of touch greater jeopardy than under the old
system. In conclusion, it may be quoted as a very cur.
rent prediction in the city that the new plan will lead to a
great extension in the issues of paper of every description.
Its influence on the value of Bank Stock has in the first
instance been unfavourable. Toe price was yesterday
197, and it left off to-day at 192 to 194 ; but there has
not yet ben sufficient time fur the bearings of it to be
understood.— Times.

ANECDOTE.—The minister of a neighbour-
ing pariah wa+ called some time ago to effect a reconcilia-
tion between a fisherman of a c,rtain village and his help-
mate. After tying all the arguments in his power to con-
vince the offendio hu.band that it was unmanly in him
,0 chastise manually his beloved cora sposa, the minist, r
concluded—" David, ye know that the wife is the weaker
vessel, and ye should have pity on her." " Conti and
r," replied the morose fisherman, " if she's the weaker
vessel, she should carry the less sail."—Scotsman.

An old man belonging to Largs, who died
about three weeks since. had by penurious habits amassed
oetween 2001. and 3001., which, at his decease, came
into the possession of his si.ter. Elated by the chaoge in
her circumstances, she declared she would have her living
of it, and not hoard it up as her brother had done. Fol-
lowing up her intention, she drank to excess, and oat
Saturday last was found burnt to death in her house.—
Edinburgh Evening Post.