The Sun.
London, England, 1834-11-25 00:00:00

INSOLVENT DEBTORS' COURT.

At the Court held at Gloucester for the relief of insolvent
debtors, before Mr. Commissioner Harris, on Monday, the
17th inst., William Thornton, a cupper and newspaper
agent, of Winchcombe-street, Cheltenham, was heard on
his petition, and opposed by Mr. Thomas, as counsel for
Mr. Wm. Henry Smith, news-agent, of the Strand, Lon-
don, for a debt of 84/. and upwards, for newspapers. It
appeared in evidence, and upon examination of the Insolvent,
that he stated himself to have been prepared to pay 79/. Bs. 4d.
but refused to remit that amount, unless upwards of five
pounds was deducted for errors, as he called them. Tl.e
opposing creditor objected to allow the deduction claimed,
as there was no pretence for the allowance, and the profit
on the newspapers being very small. He did not, however,
arrest the Insolvent, but merely had him served with pro-
cess. The Insolvent, instead of paying the 79/. Bs. 4,1.
to the opposing creditor, or into Court, pleaded to the ac-
tion, and compelled the opposing creditor to proceed to trial,
when a verdict was obtained for 84/. Mr. Thomas std.).
m tted to the Court that the Insolvent's conduct was mo.t
fraudulent, and the present one of the most aggravated
cases of frivolous and vexatious defence that had ever come
under his notice, and prayed the judgment of the Court
under the 49th section of the act. The learned Comm:s-
,Nioner, after reviewing the Insolvent's conduct, adjudged that
he ehould not be entitled to the benefit of the act, as to the
debt of the opposing creditor, until he shall have been in
custody, at the suit of such creditor, for six calendar months,
from the day of filing his petition, for putting his said cre-
ditor to an unnecessary expense by a vexatious and frivo-
lous defence to the suit brought by him for recovering the
said debt.

MISS I!4DGEWORTII. S NEW NOVEL " HELEN."
—This is, indeed, an excellent book, and has been to us, in
every respect, an agreeable surprise. We had long ceased to
expect any fresh supply from that fountain of good sense and
narrative genius, that had poured forth so much to instruct
and delight us in our earlier years. The wand of the en-
chantress we feel to be as powerful as it has ever been—what
had before so much captivated us is here again, with, as we
think, superior gracefulness, and certainly with an energy,
with bursts of dramatic force, beyond what we remember in
Miss Edaeworth's former works.—Globe.
TIIE CHOLERA.-This domesticated and frightful
scourge is now raging at the village of Braunston in Nort'i-
amptonshire. Eleven persons died during the first three days
of the present week. One victim, a young woman, was dan-
cing in the morning, and was carried to her grave at night. --.
Warwick Advertiser.

HYDROPIIOBIA.—A melancholy instance of this
dreadful disease has occurred this week. The patient, a
young lad, applied to Mr. Griffith, of Pimlico, for medical as.
&stance. From the nature of the symptoms, and from the
history of their appearance, that gentleman decided it to be a
case of hydrophobia, and in consequence of the apparent alle-
viation of the disease in a case that lately occurred at the
Charing-cross Hospital he was conveyed there on Thursd
Ly
and placed under the care of the medical officers. Upon his
arrival, from the excessive violence of the paroxysms, little
hope could be indulged. The distress under which he la-
boured, was, however, somewhat relieved, bleeding and the t -
bacco infusions produced some effect under the superinterd-
ence of Mr. Pettigrew, whose plan of treatment has obtained
considerable attention, but notwithstanding every assistance
was rendered the case terminated fatally. Dr. Golding, Dr.
Sigmond, and Mr. Pettigrew remained with the sufferer dur-
ing the night, and at one period sanguine hopes were enter-
tained of his recovery, but yesterday morning about eleven he
sunk, worn out by excessive exhaustion, but fortunately, and
particularly thoughout the latter stages, without suffering
much ;fain.
PILCIIARD FISHERY.—On Saturday last &ne
scans were shot at St. Ives, and enclosed upwards of 13,000
hogsheads of pilchards, all of which, with the exception of ene
belonging to Messrs. Bolitho and Co., which got foul of the
carracks, were apparently safely moored. The wind at the
time was S.E., accompanied with heavy rain. On Sunday
afternoon the wind veered to the N. E., with a heavy sea, and
by the evening it hod increased to a gale, which wrecked all
the fish escaped except 200 hogsheads. Two additional scans
were shot for greater security around some of the large shoads,
and increased the number wrecked to eleven. The value of
the fish and craft lost cannot be estimated at less than 20,000/.
On 'Wednesday there was again an appearance of fish.
F=^-
scans were shot—those belonging to Messrs. Tremearne
Barfield were successful, and took about 4,000 hogshea
here is still a prospect of an abundant fishery. The sea
formerly continued until Christmas, and it is expected that
will last this year untill that period. Mount's Bay was
Thursday full of fish, and about eighty boat-loads had
taken into Newlyn, and a number at the Mount, the avera'
quantity in each boat being forty hogsheads.--Sherbor
Mercury.

BRANCH OF THE NATIONAL BANK OF

IRELAND IN TRALEE.

We hasten to lay before our readers the report of our pro-
ceedings in connection with this institution to which we ad-
verted in our last publication. If anything were wanted to add
increased interest to the proposed establishment of this bank, it
was effectually supplied by the personal attendance of Mr.
O'Connell at the meeting on Saturday, to stamp upon this in-
stitution the seal of his confidence in its solvency, and anxiety
for its success. Often as we have had the gratification of hear-
ing this great man upon the many subjects which occupy his
vast energies, we have seldom listened to him with more inte-
rest than upon this occasion.
There was an earnestness in his manner, arising from an
evident conviction of the great importance to his countrymen
of the object which he had thus come forward to promote; ac-
cordingly, he went considerably into detail on the proposed
management of this bank, its prospects and resources, and
gave the most apparent satisfaction on those subjects to the
crowded meeting, composed as it was of men of all parties.
At 12 o'clock, James S. Grant, Esq., having been called to
the chair, and Daniel Supple, jun., solicitor, appointed as se-
cretary, Mr. O'Connell proceeded to address the meeting to
the following effect amid general cheers :
Mr. Chairman and Gentlemen—_l attend this meeting to-
day in rather an unusual capacity, to make a speech without
any thing of politics in it.---(Laughter.) In fact my life has
been so mixed up in politics, that I almost feel myself out of
my natural element in being obliged not to advert to them.—
( Cheers.) The question before us to-day is a matter of pro-
perty which embraces objects of the utmost interest to all who
take a share in its concerns. I have long thought upon the
effects of a sound banking system in a country like Ireland,
whose resources are immense, nay, incalculable, if they could
be made available by solvent security; and with a full know-
ledge of all the responsibility which attaches itself to persons
taking shares, I am proud to say, that my brother John has
come forward and taken shares in the Tralce branch, and
thereby fully identified himself with it. There are at present
two banking establishments in Ireland, completely generated
upon the plan of joint stock banks, incorporated by charter or
Act of Parliament, giving them an unjust power of obtaining
vast influence in commerce on the one hand, and in the in-
ternal concerns of the country on the other. In the land of
liberty, in America, a dangerous monopoly of this kind
existed for a considerable period in the United States, but
the people of treat country, backed by their independent
President Jackeon, have set their faces ag sinst it, and in a
short time they will completely crush it. In this country, in
the same manner a similar result could be brought about, and
the people have it quite in their power to crush the monopoly
of the Bank of Ireland. I believe lam the representative of
the wishes of the people—and as such, my first object is to
prevent the renewal of the charter of the Bank of Ireland
which expires in about three years, and thereby, to put an end
to that monopoly of public profit and patronage which it
so eeclusively enjoys. This, Sir, is a matter of public
interest, and the public wish to put an end to this
system. It would be idle to oppose the renewal of that
charter, if we were not prepared with another establishment
on sound banking principles to replace it. I have, Sir, often
turned in my mind the great advantages of establishing a Joint
Stock Banking system in this country. I have seen its won-
der-working effects in England and in Scotland, by the thrif-
tiness and care of the shrewd people of that country, whose
soil cannot at all be compared to the teeming fertility of Eng-
land, rich in her coal mines and quarries, or to the luxuriant
soil of Ireland, no more than the rock of that rugged moun-
tain opposite can be compared to the soil of the castle de-
mesne.—( Cheers.) Hitherto, in Ireland, there has been only
a partial circulation of money, and if the blood which circulates
through the body were confined to the trunk and did
not go the extremities, the hands and feet, and the veins in
their different ramifications, disease, as you all know, would
naturally follow; so it is with money, and the existence of the
body politic depends upon its circulation. There is at present
in this town the Provincial Bank, and I understand that a
branch of the Bank of Ireland is about to be established also,
all I want for our bank is a clear stage and no favour.—
(Cheers.) I will offer no opinion as to the stability of the
Provincial Bank. The success, Sir, of banking concerns
depends upon the careful management of its details ; it is by
vigilant watching of the farthings and the pence that its
success is to be insured. I feel I have an awful respon-
sibility in recommending this bank to the people, but I
have well considered. and am thoroughly satisfied, with the
security which they possess. If I were not convinced of
the safety of embarking in this bank, I should be the last
man in this world to advise the public to do so ; for if a
poor man could hold up his pound note in the street, and
say, there is one pound of my honest earnings which you
have robbed me of, if I were thus instrumental in robbing
the public, I would go to the shores of America, and never
again set my foot upon my native land. Any one who deals
in this bank must be safe. I remember, Sir, when there was a
general failure of private banks some tine since in this coun-
try. I was blamed for not having forewarned the persons
who suffered on that occasion. I foretold the result in a pri-
vate way, for had I publicly impeached the stability of an
existing bank, I would have been liable to an action for de-
famation of character. With respect to the Agricultural Bank
it must fall to 'the ground, and I do not hesitate to say that it
cannot succeed, inasmuch as it is no sufficient guarantee to
any body holding notes in it ; to any body holding a share in
that concern, there is no limitation as to his liability. In the
Agricultural Bank any man taking shares is responsible for all
its circulation, should cash be demanded for its notes ; the
Agricultural Bank is therefore a most absurd bubble. The
first thing we have to encounter is a set upon us ; we must,
therefore, let our arrangements proceed as they are, preparing
at the same time, the National Bank for the bursting of the
Agricultural bubble. I intend, when Igo to Dublin, to make
the necessary arrangements for forming a branch on the same
plan as that of the London Head Branch. You will also take
this into consideration, that the notes of the National Bank
will be payable in London, as well as in Ireland ; but I wish
to be distinctly understood, and let no shareholder be deluded
or deceived, every shareholder must render himself account-
able to all the liabilities of the National Bank, to the extent,
and according to the nature of his connection with it.—( Hear,
hear.) The shareholder in each distinct branch is only liable
to the engagements of that particular branch. I hope lam
perfectly understood upon this point, which is the essential
feature in the National Bank. Again, each individual bank
will have the management of its own internal economy, and
local arrangements ; its officers, directors, &c., will be in its
own appointment. I myself have taken extensive shares, not
in this branch; my object being to keep myself disengaged
from any particular branch, and to enable myself to superin-
tend the arrangements of the head branch, to see that the
people get proper security for their trust in it. There will be a
return made every month of the proceedings of each branch to
the head branch, so that losses or mismanagements can be
easily detected and at once remedied ; for the head branch is
liable to repair the losses of any particular branch. The share-
holders will also hold an annual meeting, and should their
subscriptions to the general fund appear to lose by 25 per cestt,
it is in their own power to dissolve the branch. Whese the
list closes, each individual wishing to take a share, must pay a
premium, so that it is the interest of the people to cisme for-
ward at once. There is one million capital secure in London
to meet the liabilities of the bank, and let me notice the ob-
jection, forsooth, that it is not patriotic to have our head-
quarters in London—(Hear)—this, Sir, is an idle objection.
The best patriotism is to keep the public safe, and, this shall be
my object. We will have the big pocket in Low'eon—( Laugh-
ter and cheers)—and from it we can with ease be supplied
with the necessary funds which are there stsstionary, expressly
to enable the National Bank to meet any esttergencv. Thus,
this bank is secured against any result sec accident or com-
petition ; and if I recommend a system by which the
public would be robbed, I could not expect to see my-
God.—(Cheers.) The Agricultural bubble shall soon
have worked itself away, and when I get to Dublin I
will blow it up.—( Laughter.) As I said before, I myself
am not a subscriber to this branch ; but my eldest son
who represents, and will eventually possess my property,
is identified with it to the fullest extent. For the present I
shall take one share; and the reason Ido so is, because I wish
to make myself responsible, and my property liable. I would
take more shares, but I keep myself disengaged for the com-
mittee in Dublin. I would also impress upon you a de-
cided feature which distinguishes this bank, that it excludes
all party or political predilections, unlike the Bank of re-e-
-land, and thee Provincial Bank. This is an abuse whiA
have felt arid urged in the proper quarter to Spring Riee end
Mr. Attscood. lam above board.—( Cheers.) I could mer,tion
;names in Tralee who ought not to be connected with the peovin-
cial bank. When I found, after this representation, thee no no-
tice was taken of it, my answer to the gentleree n was—
[Here Captain Leyne in an undertone said, " wabacklish,"
which Mr. O'Connell caught up and significasitl.y repeated,
amid the laughter and cheers of the meeting,) I hope ere
long to have branches established in Killarnesis, Dingle, and
Cahirciveen.—( Laughter.) I tell you whs.„ gentlemen, Ca-
birciveen is an eminently rising town, fr°.m its connections
with two fertile baronies, and from the tr ae,ing enterprise of a
few respectable men there ; if you were. 'to know the extent of
cash credit in Cork, which persons ire trade there are obliged
to seek and have obtained; in ftvet, sir, to the amount of
50,000/. This is the result of a %went, of local accommodation.
I do not mean that Cahirciveen sleould have a bank with all
the extensive formality of its arrangements, but an office giv-
ing like accommodation, and oormected with the next conve-
nient branch bank. In short; by thrifty and active manage-
ment, by taking care of the 'small profits, by carefully turning
to account the farthings P Ail pence,
there is no doubt of our
eventual success. Igo Co Dublin to prepare the deed of set-
tlement, and I hope t'etet, by December, all the necessary ar-
rangements betweers the projectors and shareholders will be
settled and emboO:teel in the deed. No man, in this stage of
the proceedings; is bound in the bank till he signs his name to
the deed ; and, by •the time that is perfected, there will, I have
no doubt, be i'n all quarters a thorough understanding as to the
solvency and, security of this institution.
The Hose. Gentleman here expressed his readiness to give
any furtl-.er explanation which might be required ; but the
perfect satisfaction and confidence which his identification with
this MOP t important institution inspired called forth no discus-
sion accordingly after the usual formalities, Mr. Grant having
left. the chair, and Captain Leyne having been called thereto,
tee shareholders, of whom there was a vast number in attend-
Notice, returned to the grand jury room at the suggestion of Mr.
O'Connell, when the Hon. Gentleman held. a very interesting
conversational discussion with them on the preparatory ar-
rangements to the immediate establishment of this bank in
Tralee. Shares to a large amount were disposed of, in addi-
tion to the vast numbers already taken, which enables us, with
confidence to pronounce, that the list will now shortly be com-
pleted.
We would suggest to our country friends that they cannot
too soon come forward ; an opportunity now offers for a safe