The Sun.
London, England, 1869-01-18 00:00:00

CORRESPONDENCE FROM PARTS.

(FROM OUR OWN CORRESPONDENT.)
PARIS, SUNDAY, January 17.
The news from the island of Rdunion is very grave --se
much so, in fact, that nothing else is talked of, even the
Conference being almost forgotten. From the Journal de
Commerce, of St. Denis, I extract the following leading
facts. On the night of the first of December, a large
crowd of some 2,000 persons had collected in one of the
streets of St. Denis, near the cathedral. Here resides the
editor-in-chief of a certain clerical journal, against whom
this mob had got up a manifestation. From eight o'clock
in the evening the most tremendous uproar, the most
obscene cries, and strange accusations resounded
under the window of the unfortunate editor. But
it does not appear that he \vas at home ; at least
nothing was to be heard or seen of him. The police
did all in its power to calm the excited multitude, and the
gendarmes tried to disperse the people. It was labour in
vain. Soon a squad of infantry arrived, and, to frighten
the mob, fixed bayonets. Nobody stirred. About half-
past eight the assembly grew tired, as mobs are wont to
do, and at length the cry arose to go to the residence
of the Governor, who is a popular man, always
ready to redress grievances. But the may, r inter-
posed, and succeeded in turning the mob from th -
direction, but only to take another, and finally to
return to the residence of the unfortunate editor wher:
the row began. Other disturbances took place, and
finally the whole town was in uproar. But no
violence ensued, and the riot was quieted about
half-past ten. The next day, however, the
disturbances recommenced, and the governor as-
sembled the militia. But the report then spread that
the militia had been got together only to he disarmed, and
this caused fresh uproar. Finally, the disastrous conflict
already announced took place between the troops and the
people. Six persons were killed and twenty-two wounded.
The causes of this outbreak are attributed to the
violent dispute which had been going on for some
time between a Liberal and a clerical paper. But the
Temps believes that the real origin is the bad government
to which the colonists are subjected. At present more
information is required.
The Constitutionnel publishes a couleur de rose budget
touching the colony of Algeria. The weather has been
fine, the rains at the end of the autumn and the com-
mencement of winter having been so abundant that an
excellent harvest may be looked for. If, says the official
journal, no disease of any kind make its appearance
in the colony, the native population will be
relieved from much of the misery which they have
hitherto been doomed to suffer. Other accounts are by
no means in harmony with this tale, nor does the execu-
tion of a man for eating six persons look at all promising.
But it is to be hoped that the Constitutionnel is right this
time. Is there, after all, to be a change in the system of
colonial government? Modifications of the military rlgime
have been announced and contradicted, but my last informa-
tion leads to the conclusion that the Emperor has at length
changed in part his opinion of the infallibility of Mar-
shal MacMahon's system of government. lam told that
the following changes will soon be made in the form of
government under which Algeria now suffers :—A
Council-General will be elected, the magistrates will not be
removable, the civil code will be applied to the property of
Arabs, and several changes will be made in the constitu-
tion of the Superior Council. This is decidedly good news
for Algeria. The colony wants many things, but good
government most of all.
M. de Moustier is rather better, and M. de Lavalette
has gone hack to the Foreign Ministry.
I am told that Senor Olozaga has obtained permission
from the Emperor to advertise the bonds of the Madrid
Loan in Paris. Until a few days ago the loan bad been
dealt in as freely as any other investment, when, from
some inexplicable motive,it was ordered that all announce-
ments respecting it be removed from public places. It is
this procedure which Senor Olozaga has managed to I
counteract.

Your readers will remember the duel between M.
Jecker, the banker, who figured so prominently, but so
ingloriously, in the Mexican affair, and M. Odysse-Barot,
one of the writers of the Liberte. An article which
appeared in the columns of that journal, signed by M.
Odysse-Barot, led to the duel, in which the banker came off
triumphant, slightly wounding his adversary. For the first
time "an affair of honour " of this kind has been made the
subject of criminal prosecution. Belgium has frequently
been selected as the theatre of these combats, just as it
has been made the battle-ground of nations, but hitherto
the parties have never been molested. This time, however,
both have been prosecuted, and sentenced by the Correc-
tional Tribunal of Brussels to a month's imprisonment,
besides a fine of £8 each.

THE WEATHER TABLE.-THIS DAY.

OPENING OF THE FRENCH

Cfl AMBERS.

THE EMPEROR'S SPEECH.

PARIS, Jan. 18.

The following is the terti of the Speech from the
throne, delivered to-day by .1,22 e Emperor Napoleon
at the opening of the French Chambers :---
MESSIEURS LES SENATEURS.
MESSIEURS LES DEPUTIES.

The Speech which I address to you every year
at the opering of the session is the sincere expres-
sion of the thoughts which guide my conduct. To
explain frankly to the nation before the great bodies
of the State: the pr egress of the Governmedt, is
the duty of the responsible chief of a free coun-
try. The task which we have undertaken
together is arduous ; it is not, ind,
without difficulty, that on a soil shaken by so many
revolutions a Government is founded sufficiently
Unpres-ed with the wants of the age to adopt all
the benefits of iite:ty, and sufficiently strong to bear
even i!sexcesscs. The t o laws which you passed dar-
ing the last se,sion, the olject of which was the deve-
lopment of the principle of free discu.sion, have
product.d two Opposite effects which it may be use-
ful to point out. On the one hand, the press and
public meetings have created in a certain quarter
a factious agitation, and have caused th-, re-
appearance of ideas and passions which
were believed to be extinguished ; but, on
the other hand, the nation
-remaining insensible to
the most violent incitement, and relying upon my
firmness for the maintenance of order, has not felt
its faith in the future shaken.

Remarkable coincidence ! the more adventurous
and subversive minds ought to disturb public tran-
quillity, so much the more profound became the
peace of the country. Commercial transac-
tions reassumed a fruitful activity. The
public revenues increased considerably, the public
interest reassured, and the greater part of the re-
cent elections gave a new support to my Govern-
ment. The Army Bill and the Subsidies Bill,
granted by your patriotism, have contributed to
strengthen the confidence of the country,
and, in the just consciousness of its
pride, it experienced a real satisfaction
the moment it learnt that it was in a position to
confront every eventuality. The land and sea
forces, strongly constituted, are upon a peace
footing. The effective strength maintained
does not exceed that which existed under
former systems, but our armament ren-
dered perfect are arsenals, and our magazines
filled, our reserves exercised, the National Garde
Mobile in course of organization, our fleet trans-
formed, and our strongholds in good condition,
give to our Powor a development which was indis-
pensable.
We shall give the conclusion in our later edition.

NAVAL AND MILITARY INTELLIGENCE.

A Telegram has been received reporting the
arrival at Suez, from Bombay, on the morning
of the 16th instant, of her Majesty's Indian troop-
ship Malabar. Her troops will be brought from
Alexandria to Portsmouth in the screw steamer
Helvetia.

The screw steam corvette Brisk, 16, Captain
Charles W. Hope, recently returned from Aus-
tralia, is now in Keyham steam-yard, where she
will be partially stripped; her fixtures and masts
wll not be disturbed. The crew will be paid off
to-morrow.

The screw steam corvette Cossack, 20, Capt. John
E. Parish, was under orders to leave Plymouth
Sound yesterday for China, weather permitting.
The works on St. Catherine's Rock Fort, near
Tenhy, are being successfully proceeded with. Dur-
ing the past two months the weather has been so
stormy that considerable difficulty has been expe-
rienced in procuring and landing granite and other
materials, but this is now to a great extent obvi-
ated by improved arrangements.
The Theresa has been chartered by the Govern-
ment for the conveyance of troops to the West In-
dies, and will embark at Gravesend detachments
for the Royal Artillery, 47th, Sitb, and 2:1 West
India Regiments, to the number of 168 non-com-
tnisson:d officers and men, wit% six soldiers' wives,
two children, and three officers. The vessel was in-
spected on SAturday by Brigade-111,1j m W. Lynch
and the officers of the medical staff at Chatham,
and she is under orders to r.,:eive her troop; on
b9.:r 1 to-day. _ _ _

A general full-dress parade of the whole of
the officers and men of the Royal Engineers, at
head-quarters, Chatham, was held at Bromptoa
Barracks, on Saturday, to witness the presenta-
tion of a silver medal, which, with the annuity
of £lO, bad been awarded by the Field-Marshal
Commanding-in-Chief to Sergeant-Major Kester
Knight, for long service and exemplary conduct.
The troops having been formed in square, Ser-
geant-Major KLight was called to the front and
presented with the medal by Col. T. L. J. Gallway
director of the Royal Engineer establishment, who,
in au appropriate address, congratulated him on re-
ceiving another well-earned decoration. Sergt-Major
Knight landed with the allied forces in the Crimea,
and served throughout the campaign till the fall of
Sebastopol, receiving, in addition to the Crimean
medal, the French and Turkish war medals. In 1858 he
lauded in China, and was present at the actions at
Siuho, Tangkoo, the attack and capture of the
Taku fort?, and the capture of Pekin, receiving the
medal for China, with clasps for Teku and Pekin.
Sergeant-Major Knight has also been presented
with the silver medal and gratuity of £l5 for long
service and good conduct. Having completed his
full period of service he is now about to be dis-
charged on the usual pension, after being 20 years
a non-commissioned officer.

The ironclad turret ship Monarch, 7, 5,102 tons,
1,100-horse power, nominal, Captain J. R. Coin-
merell, C. 8., V.C., again got up steam yesterday
morning, and was taken outside the Nore in the
direction of the Girdlers, for the purpose of giving
the ship's machinery several hours' working, and
to enable the officials who conducted the trial on
the part of the Controller's and the Steam Depart-
ments of the Admiralty to report on the character
and action of the machinery. The vessel got under
way at 11 a.rn.. the officials on board being Captain
the Hon. A. A. Cochrane, C. 8., commanding the
Steam Reserve, who had charge of the ship through.
out the day ; Captain W. C. Chamberlain, super-
intendent of Chatham dockyard ; Mr. Williamson,
chief inspector of machinery afloat ; Mr. Eames
assistant-inspector; Mr. W. Dawson, assistant-
' master-shipwright. The ship's machinery was
again under the direction of Mr. E. Hutnphrys
and Mr. Alltrey, who represented the contractors,
Messrs. Humphrys, Tennant, and Co., of the
Deptford-pier Works. The engines were kept at
work until nearly dark, with results of the two even
rather more satisfactory than those obtained on the
previous day. The maximum number of revolutions
of the screw obtained on Thursday was 57, but
during a great portion of the steaming yesterday 60
revolutions per minute were indicated, with the
boilers furnishing an abundant supply of steam,
at a mean pressure of 301 b. The trial being made
on the part of the contractors, no attempts were
made to time the runs, and the ship was not placed
on the measured mile ; the results achieved, how-
ever, would show a mean speed of between 14 and
15 knots per hour, which was deemed highly satis-
factory. Throughout the trial the engines—the
largest yet turned out for the Admiralty by Messrs.
llunaphrys and Tennant—worked with the greatest
regularity, without any hot bearings or priming
of the boilers. At the close of the trials yesterday
afternoon the Monarch steamed into the harbourprocd
to her former moorings, and to-day will proceed
with her outfit and prepare for early commis-
sion. _ .

Colonel Thomas Dudley Fosbroke, Plymouth
division of Royal Marines, died on Friday in the
Royal Naval Hospital there. He entered the ser-
vice as Second Licutenent on the 30th November,
1832, was made Captain the 17th May, 1848, and
Lieutenant-Colonel the 21st November, 1859, and
retired on full pay the 11th July, 1860. He was
actively employed in New Zealand in 1816, was
at the surrender of Bomarsund in August, 18M,
and served in the expeditio4 to the Baltig ih 1655.

GERMANY.

HAMBURGH, Jan. 16, 1 p.m.
The Prince and Princess of IVales have just

arrived here.

PERSIA.

ST. PETERSBURG, Jan. 16.

The Russian agent in Persia announces that
Persian troops were being concentrated at Khoi, a
town on the Turkish frontier, opposite Erzerooni,
under the command of Djahau Sauf Mirza.

In consequence of the roads being snowed up,
the Turkish Ambassador, RZA Bey, will travel to
Constantinople via Tiflis.

PROCEEDINGS AGAINST TH' DIRECTORS
OF OVEREND. GURNEY„ AND CO.

The criminal suit agaiist the directors or Overend. ttuy-
ney, and Co. (Limited) was resumed in the Couri„zol
Queen's Bench, at the London Guildhall, on Saturday,
before the Lord Mayor and Sir Thomas Gabriel. The
court was again crowded.
Mr. Lewis, jun., conducted the case on behalf Dr. Adam
Thom, the prosecuting shareholder, and the six defendants
(who occupied seats below the counsel) were represented as
follows :—For Mr. J. H. Gurney, Mr. E. H. Gurney, and
Nir. R. Birkbeck—Mr. Serjeant Ballantine and Mr. J.
C. Matthew appeared ; Mr. Barclay was represented by
Serjeant Parry and Mr. Montagu Williams ; Mr. Gordon
by Mr. Serjeant Sleigh and Mr. Ledgard ; and Mr.
Rennie by Mr. Hardinge Giffard, Q.C., Mr. Poland, and
Mr. Gardyne.
At the commencement of the proceedings, Mr. Lewis
said he wished to examine Mr. Howell with reference to
the £71,000 withdrawn, but it was postponed till later on.

Robert Palmer Harding, an accountant in the firm of
Harding and Whinney, Old Jewry, said he was appointed
with Mr. Turquand as official liquidator the day after
the stoppage of the company. The shareholders had then
paid £1,250,C0). Two calls of £lO per share were made,
and the amount received in respect of them £1,652,400.
The first call was made on the 20th August, 1866, and this
had produced, including interest, £816,500; and the second
call,xn the 3rd June, had produced, including interest,
£805,941. That had been distributed amongst the
creditors.

Mr. Lewis : Is there any probability of any of that
money being returned?
Witness :My impression is there wfll not be. Over-
mit], Gurney, and Co.'s liabilities, after the expenditure of
this9noney, are £950,000. The indebtedness of the limited
company on the 31st December last was £050,000 after
what had been paid. The liquidators determined yester-
day to make a call of £5 per share more, and it is found
that they could not meet what falls due in March next
otherwise. This call will amount to £500,000. The
calls of J. H. Gurney have not been paid. The old firm
of Ov,erend, Gurney, and Co. filed a deed of inspectorship
after the failure of the limited company. They were
indebted to the limited company to the amount of
22,070,16 g, without any of the calls which have since been
made on the shares of the defendants, which amounted to
i 3-1,000.

Mr. Giffard objected to this sum as being attached to
the defendants, as some of them had been so low in the
market.

Mr. Lewis : There were the 16,666 shares originally
held by the defendants ; 8,000 shares had been sold at a
premium, and the other 8,000 remained unsold, and in
respect of those shares the calls of £2O per share had not
been paid.
Mr. Lewis : How much has the limited company bene•
flied by the deed of inspectorship ?

Witness : £,595,973, and it is estimated that there will
be another £lOO,OOO of available assets.

Examination continued: The present call of 2N per
share is not in any way affected by the present proceed
ings. There were assets outstanding due to the limited
company which were expected to realise £1,051,000, which
was more than the present indebtedness of the company,
The Atlantic Royal Mail Steam Packet Company owed
£848,000 at the time of the failure ; it had been reduced by
a transfer to a total indebtedness of £837,372. Nothing
further was expected from that source.

By Sir Thomas Gabriel : Do you know whether any
securities were handed over by the Atlantic Company, and
whether anything was paid besides what you have

mentioned ?
Witness : That belongs to the excepted accounts.

By Mr. Lewis : 'Was not your partner paid a fixed
sum every month by the Messrs. Gurney to liquidate the

accounts?

Witness : No, that is not so. Our firm was paid
£5,000 by Messrs. Gurney and Co. for the expenses of
going over the accounts of the Atlantic Company and
the East India Shipping Company, in July 1865.
Since the stoppage of the Atlantic Company, except the
payment in May 1866, £572 only bad been paid in cash
to the limited company.
Mr. Giffard suggested that counsel should be allowed to
cross-examine on each item, and, with the leave of the
court, the witness was asked what was the nature of the
securities of the Atlantic Company, and he replied that
his partner (Mr. Whinney) had liquidated, but he believed
there were four steamers.
Mr. Lewis then asked whether the East India Corn.
pany's debt at the date of the transfer was £406,000, and
at the stoppage whether that had been increased to
£578,000, to which witness replied in the affirmative.

Witness explained that the East India Company had
transferred several ships of the value of £150,000, sub-
ject to mortgages, however, for a sum of £239,000, money
lent by the Messrs. Gurney, who were the transferees.
Vice-Chancellor Kindersley made the order for the dis-
posal of the East India Company's ships to the Messrs.
Overend, Gurney, and Co. in June 1865, whereby the
latter accepted the mortgages, which the limited company
had paid. The ships had been sold and realised £98,500 ;
the nominal amount forwhich theywere sold was £126,500
but allowances had had to be made.

By Mr. Lewis : The limited company had paid £52.000
as mortgages ; and of the £406,000 no money had been
received by the limited company. The Overend, Gurney,
and Co., had at the winding up taken the ships of the
East India Company, in respect of their debt of £139,000,
and the amount of total indebtedness of the East India
Company was increased by their taking shares in the!
new company on which nothing had been received.

Mr. Giffard cross-examined witness with the view to
chew that no ships had been sold a considerable sum under
their value. Witness said his firm had the sale of the
ships, and they could not realise the amount of mortgages
on these, viz., £52,000. The Atlantic Company's vessels
held as securities by Overend, Gurney, and Co., had a
mortgage on them for £250,000, and as the ships could not
be sold for snore than £120,000, it was agreed to hand
them over to these mortgagees. The ships remain unsold
at the present time.

Re-examined by Mr. Lewis. [The endorsements on
some documents were shewn to witness, to identify the
signatures of the defendants, but witness could not swear
to them.] Letters were then put in and read. The first
was a letter written by Mr. Daniel Gurney to Mr. J. H.
Gurney, his nephew. It was dated July 1865, and referred
to the effect of becoming security when the transfer was
made to the new company. Mr. D. Gurney said, "in
the event of a real catastrophe all his family and himself
would be in a state of total destitution, or nearly so." In
another, Mr: D. Gurney asked, "Is there any condition
that we must not sell our shares in the new company under
a certain time ?" Alter the reading of these,
Witness's examination was continued : The Greek and
Oriental Steam Navigation Company appeared in the
books of the new limited company as debtors to the
amount of £144,144 ; this had been transferred by the old
company. Witness had not been able to find any office
of this company, but his colleague, Mr. Turquaud, and
himself, had been otherwise occupied. Some small sums
had been received.

Sir Thomas Gabriel : Why have not steps been taken?
Witness : They were not considered necessary. If we
thought we could have realised, steps would have been
taken.

Sir Thomas Gabriel : Did you learn the truth from the
directors by ascertaining the nature of the debt; and, if
so, tell us what you learnt ?
Witness : My colleague will be able to answer.
The Lord Mayor : We expect from a liquidator a
plain answer to a plain question—(applause)— and you
must he able to give us some information.

Witness : There were £19,000,000 at the failure, and
we have not been able to get all the particulars of

accounts.

By Mr. Lewis : There was in 1864 a debt of £42,686
due from the Greek and Oriental Steam Navigation
Company.

Mr. Lewis : How do you account for that being in-
creased to £144,000 in 1865?
Witness : On the 3rd July, 1865, 'here had been a
transfer of £lOl,OOO. The interest had been calculated
from July 1862. After this transfer there was no
interest in the books.

Sir Thomas Gabriel : You say you are the liquidator
of that estate, and you have not given us any reason why
you have not made inquiries about that large sum of
£144,000.
Witness : It is not in existence.
Sir Thomas Gabriel: How do you know it does not
exist?

Witness : I have an impression-
Sir Thomas Gabriel (interruptingly) : How do you know
that it does not exist?
Witness : From what I have heard.
Sir Thomas Gabriel: You must know.
Witness :My colleague knows.
Sir Thomas Gabriel : Have you spoken to any one of
the directors?
Witness : I do not know that I have.

Sir Thomas Gabriel repeated his question, and
witness said : I am not aware that I have, but I :vill not
swear that I have not.

Sir Thomas Gabriel : Were there any securities held by
the limited company ?

Witness (who always addressed his querist, " Well, Sir
Thomas"): I have some difficulty in answering your ques-
tions after what has passed.
Sir Thomas Gabriel : I have put plain qnestions.
Witness: My colleague, Mr. Turquand, is satisfied there
is nothing of any value to he got from them.
At this stage the court adjourned for a quarter of an
Hour; and, on resuming,
The witness said he had learnt since the adjournment
that Btotivigo was the perm who reDresented the

Greek and Oriental Company. He had learnt that from
lame evidence given before the House of Lords.
Sir Thomas Gabriel (to witness) : But what we want is
to have the evidence from you.
Witness : I have no personal knowledge of the Greek
and Oriental Company's affairs.
By Mr. Lewis : Have you read anything in respect of
Thomas Howard's account, which shews liabilities to the
limited company of £331,768 ?
Witness : The limited company has not received any-
thing from the date of the transfer. No securities are held
,n respect of that debt.
A deed releasing Mr. Howard in 1863, by Messrs. Over-
end, Gurney, and Co., was then read by the chief clerk.
[t set forth that Mr. Thomas Howard, of Chester, cotton
manufacturer, conveyed his business to the Messrs.
Overend, Gurney, and Co., in satisfaction of all claims of
the latter ; and the Messrs. Gurney indemnified Thomas
Howard from all claims in respect of such deed of release.
By Mr. Lewis: Have you had any conversation with
any one of the defendants about that account?

Witnesss: Yes ; with Mr. Bois.
Mr. Lewis : He is not a defendant ; you know that.
tell us what you know.
Witness : I cannot charge my mind with having spoxen
to any one of the directors. I ascertained that the securi-
ties were not worth anything ; and this deed of release
precluded us from taking any proceedings.
Mr. Lewis : Did you and Mr. Turquand talk about that
affair.
Witness : There was nothing to talk about.

Mr. Lewis : You call that £331,000 nothing
Examination continued : Referring to the account of
Kelson, Tritton, and Co., witness said there was due at
the time of the stoppage of the limited company £197,000.
The limited compaii7 had received in respect of that
sccount, £12,500 ; this had been received in different
ways. Became aware of duplicate bills of lading whilst
liquidating this account. And some were in the names of
Messrs. Overend, Gurney, and Co., but was not aware
whether they were dur,licates or triplicates. Sometimes
saw one of this firm as to toe securities held by them for
the debt of Kelson, Tritton, and Co.
Mr. Lewis : Was there anything wrong in respect of the
bills of lading?
Witness : I learnt that duplicate bills of lading had been
used by Kelson, Trittot, and Co., with the knowledge of
Messrs. Overend, Gurney, and Co. I did not ask them
any questions ; if there was anything improper, that was
for the directors of Overend, Gurney, and Co. Messrs.
Gurney and Co. had advanced about £20,000 upon these
duplicate bills of lading. The bills of lading were not in
witness's possession.

Mr. Lewis : Did you retcr to any single creditor about
this transaction; or did you take any proceedings against
them?

Witness : It was not thy place to do so. Ido not make
It generally known. At the time of
.the failure in 1865
Messrs. Nelson, Tritton, and Co. were indebted over a
million. At that time Messrs. Overend, Gurney, and Co.
proved as creditors for £220,000 ; and then that was after-
wards increased to £291,000 in July 1865.
Mr. Lewis : What was realised between the 31st July,
the formation of the limited company, and its death on the
10th cf May 1866?

Witness : There are very numerous items with regard to
securities. The total received up to the present time from
Kelson, Tritton, and Co. was £140,000. The conversation
with the directors in regard to the bills of lading took
place before the formation of the limited company. J. E.
C. Koch were indebted at he date of the liquidation in
the amount of £335,000. The securities had not been
realised upon up to the present time ; the nominal value
of the securities was £86,060. We cannot find a market
for these securities ; they might be sold for £25,000.
Ey Arr. Lem:s : At the date of the stoppage the liabili-
ties of Mr. Koch had risen from £243,000 to £335,000.
Mr. Lewis : How do you account for that?
Witness: I know nothing but from the books. Mr.
Koch had filed a deed.

Witness, on being pressed, said Mr. Koch was the
nominee of Messrs. Overend, Gurney, and Co., and he
(Mr. Koch) had originally introduced himself. Was in-
formed so by Mr. Robert Birkbecir.
Mr. Lewis: This was a debt of Mr. Gordon's; have you
taken any steps to realise?

Witness : No. The Millwall Iron Works liabilities to
the limited company was £510,000, and 10s. had been
received on it. (Disapprobation.) There were other
securities ; there was the Norwich propel ty, which might
realise something, but witness did not think it would.
Lawrence and Fry had failed in 1564, and they owed
£148,000, on which the company had received £71515.
Did not think there would be anything further to be got.
There was clue from one of the securities of Lawrence and
Fry about £5,000. David Leopold Lewis's debt to the
limited company was £331,000 at the time of the transfer ;
had received £37.000 in respect of it. There were securi-
ties of the nominal value of about £70,000 in a Cork rail-
way. Mr. Turquaud, my co-liquidator, is winding it up.
We expect to realise about £125. Emmanuel and Co.'s
liabilities were £83,423, and nothing had been realised.

Sir Thomas Gabriel : Hew is that? Witness : They
suspended payment in 1F63.
By Mr. Lewis : There does not appear to be any divi.
dend from Emmanuel and Co. Cecil, Alexander, and Co.'s
liabilities transferred to the new limited company were
£107,000 ; and there had been realised £6,250.
Mr. Lewis : Did not they dishonour their hills?

Witness : They had been allowed to realise ; and it is
probable that this estate will realise 10s. in the pound.
Leopold Bruzewitz's liabilities were £135,000, and the
company had been benefited to the extent of £23,000.
Believed ls. in the pound had been paid by Bruzewitz in
the bankruptcy. There was a transfer of £54,000 to the
limited company, and that had been increased by
£84,000. Carlisle, Parr, and Co.'s indebtedness
was £26,000 to the company. They failed in
1864. Nothing had been received from them.
since the stoppage. T. and G. Garraway's liabilities were
£192,000, and £30,000 had been realised from them.
Halliday, Fox, and Co. failed in March 1865, and they
owed the limited company £63,000, and they had com-
menced with £34,000 ; £785 had been realised in respect of
that—this was dividends from their debtors. C. Reynolds
was indebted in the amount of £15,000, but nothing was
received ; he believed he was a relative of one of the
Messrs. Gurney. The amount was in respect of shares in
the Mwyddy Iron Company, in which over £6,000 had
been realised. Knew this from Mr. Bois. Had not asked
the defendants about it. Mr. Samuel Gurney had some.
thing to do with the shares, and the £15,000 is in respect
of calls. W. Chapman's debt was £14,000, and
nothing had been yet received. There were some
guarantees on which they expected to realise.
The Ebbw Vale shares were down at £48,000 ;
the limited company hold 2,030 shares, and their
present market price is £l5 per share, which would make
£30,000, being a loss of £28,000 upon what were first taken
Over.

The Lord Maycr : In whose names are the shares?
Witness : John Henry Gurney ; and we have dealt with
them as the property of the limited company.
Cross-examined by Mr. Serjeant Sleigh : What would
be the value of the shares if they were sold at par, viz.,
£27 10s.?

Witness : The loss would be the 2,300 only. John
Jones's debt was £61,000, and £4,000 was received on it.
Had not received anything in respect of M'Cormick's
debt of £13,000.

Mr. Lewis said he had gone through the whole of the
items. They amounted to £4,000,000.
The court will sit again on Friday and Saturday next,
when it is probable the case will be closed

The Marquis of Bute has given £5,00u towards the
now Roman Catholic Cathedral about to be built at West-
minster.

The last of the men injured by the Rainford col-
liery aceidont, Michael Drown, expired on Thursday night,
and thus the number of deaths is increased to nine.

An attempt, it is said, is about to be made to
,:rose the Atlantic in a balloon. The bold adventurer is
M. Alexander Chevalier, a well-known aeronaut, and he
expects to make the journey in three days and nights. He
will start from New York.

THE BISHOP OF SALISBURY.—We regret to state
',hat the Bishop of Salisbury has lost ground in point of
iealth since his arrival in London ten days ago. The
affection of the heart from which he is suffering has
increased, and within the last two days symptoms have
appeared which justify grave anxiety as to the event of
the illness. Although the bishop was slightly better on
Sunday than on the previous day, his condition is still
very precarious.

" THROUGH COALBROOKDALE WALKS."—Here it
was, I should state, that one of the most curious disco-
veries yet made in the Dale was made by the men
engaged in rock-getting. When some portion of the
stone fell there stood revealed to the eyes of tl.e
astonished workmen three trunks of trees completely
petrified. The upper part of the trees had apparently
been sawn off, but the remaining portions, buried several
feet deep in the rock, were as perfect in form as the trees
H rarishing in their foliage around them. Not a feature was
missing ; the roots, the bark, an 1 he cling lic; ivy were es
perfect as Nature herself, but the block of wood had been
turned to stone ! There were three of these curiosities dis-
eivered ; the one, my friend said, hal found its way to the
residence of Mr. H. Whitmore, and the others had gone
he knew not whither. I can only hope that they have
been carefully preserved. How they came into the position
in which they were found is to be accounted for, I should
imagine, by some vast upheaving of the earth, burying t'r,e
timber beneath the massive rocks ; and centuries have
:ompleted the marvellous work of converting a substance
full of sap and life into a block of atone.—" S. A.," in the
Wellinulon, Journal.