The Sun.
London, England, 1867-11-14 00:00:00

THE SUN, LONDOI97. THURSDAY EVENING, NOVEMBER 14, 1867.

ROYAL BANK OF LITERPOOL.

A crowded meeting of the depositors of the
Royal Bank, adjourned from last week, was held
on Tuesday at the Clarendon Rooms, Liverpool ;
Mr. J. R. Taylor in the chair. He stated that the
deputation appointed at the last meeting waited
upon the committee of the shareholders and laid
their views, that they could not accept bills for such
long terms as 18 and 24 months, before them. They
had not received any communication direct from the
Royal Bank, and inasmuch as at the meeting on
Monday the shareholders did not propose any
shorter period he had now to move :
" That the proposition of the shareholders to give
promissory notes extending over a period of two
years be not accepted."
Mr. DEANE seconded the motion. He saw no
necessity for so long a term as two years, and,
further, it was stated at the shareholdeis' meeting
that the bank had 50,000 ordinary shares, and a call
of £lO on these would realise at once £500,000.
There were also 1,500 preference shares, which
would realise £15,000, and there were good debts
and property to the value of £1,200,000 against

liabilities of £1,600,000. They ought therefore to
give them not only some portion in cash at once,
but to pay them off entirely in twelve months. He
hoped they would pass the resolution.
Mr. TYRER said it was very desirable that they
should get their money in 12 months if they could,
but he strongly counselled moderation. Any un-
due pressure could only result in calamity both to
them and to the shareholders. He asked what
remedy they would have if they declined to accept
the terms offered.

Mr. DEANE—The same remedy as in the case of
Barned'a Bank, where a £4O call was made at
once. The Royal offered £lO, but if it was not
sufficient they would be compelled to pay a £2O or
£3O call.

Mr. TYREE said that his experience of large calls
was anything but favourable. in the cases of the
Leeds Bauk and cf Barned's Bank large calls had
ruined large numbers of shareholders, who, in small
iistalments, might have paid the amount, and the
estates had suffered in proportion. A call of £4O, or
£2O, as suggested by Mr. Deane, would completely
wreck many of the shareholders of the Royal. While
he was a sufferer himself, he could not forget that
there were much greater ones. The shareholders
could scarcely be blamed for the disaster which bad
befallen them. (Cheers.) Let them as depositors
show them a little sympathy, or at least considera-
tion. As to the other banks, he could get the bills
•
discounted.

Mr. DEANE—With your endorsement.
Mr. TYRF a—Certainly. No banker would dis-
count without that, I think.
Mr. WoLFE thought the less they had to do with
the Vice-Mine:Aloes Court the better. He thought
they would get their money much sooner by assist-
ing the shareholders than by throwing obstacles in
their way.

Mr. R.I.I`NES thought they would find great diffi-
culty in getting the bills discounted, if at all, and
thought that 12 months was long enough grace to
give.

Another DEPOSITOR expressed a fear that the
bank wanted to keep back funds to work the
shipping which they held, and upon which they
might lose heavily.

Air. TYRE'''. did not anticipate that. They would
only try to get all their shipping to this or some
other large port, where they could be sold.

Mr. CLAYPOLE and one or two others spoke in
'avour of the motion, and au opinion was expressed
;hat the depositors ought to be represented in the

liquidation.
Mr. TYRER said that Mr. Myrtle, a large de-
positor, was already on the committee of share-
holders, and they might depend on Win to look after
their interests.
Mr. M'Quie and Mr. D'Arcy spoke in favour o f
a conciliatory course of action.
Mr. Kaait strongly advised the meeting not to
adopt any hostile measure. Mr. Deane seamed to
think that a call of £lO would represent the full
limit of £500,000. That could not be the case. ,
Many shareholders would not be able to pay at
once, and some perhaps not at all. One Lull held
9,000 shares. (A voice—" 12,000") Now, on a
call of shca would have to pay £90,000, and in
times of difficulty and distress like these they knew
that it would be a serious task for the first com-
mercial houses in town to raise such a sum at once.
The shareholders must be allowed time to realise on
their securities ; and any attempt to hurry them
into the market at a time like this must seriously
diminish the assets.
Mr. D'Ancv said he thought they would be
premature in coming to any resolution on that day.
There was to be a conference on the morrow be-
tween the creditors and the shareholders, and he
thought they should hold themselves unpledged to
any course until they heard what Use shareholders
had to say. He moved as an amendment—
" That no resolution be come to in regard to the
payment of creditors of the Royal Bank until the
result of the conference between the creditors and
the shareholders be known."
This amendment was carried with only two
dissentient; and the proceedings concluded.

LIVERPOOL, Nov. 13

Shareholders, depositors, and creditors of the
Royal Bank, at a meeting to-day, agreed to a
voluntary winding-up, the appointment of three
liquidator; and payment of liabilities by promissory
notes from six to twenty-four months.

L'ENTEIVTE CORDIALE.

The following correspondence cannot fail to b
read with interest on both sides of the Channel :--
Royal National Lifeboat Institution, 14, John-
street, Adelphi, London, Oct. 10, 1867.

Sir, —I have great pleasure in acquainting you,
for the information of the committee of the French
Lifeboat Society, that the committee of the Royal
National Lifeboat Institution, at their last meeting,
had the satisfaction to offer to the sister society the
first-class lifeboat, transporting carriage, and their
equipment, now exhibiting in the international
Exhibition at Paris.

In the event of the French Society doing this
committee the honour to accept the same, they would
beg to suggest that the lifeboat might be stationed
at Calais, which, besides being visited by a large
number of French and English vessels, is also one
of the great ports of intercommunication between
the two countries.—l am, &c.,

RICIIARD LEWIS.
M. Jules de Crisenoy, Secretary of the Societ6
Centrale de Sauvetage des Naufrages, Paris.

[Translation.]

Central Society for Saving Life from Shipwreck
53, Rue du Bac, Paris, Oct. 29, 1867.

Sir,—We accept with gratitude the gift which
you have pleased to make to our society of the life-
boat sent from London to the Exposition by the
Royal National Lifeboat Institution. We accept it
as another evidence of the sympathies which unite
Fiance and England, and more especially those who,
in both countries, exert themselves in giving help to
shipwrecked mariners.
. _

This work in France already owes you much.
Thanks to your persevering efforts, it is by profit-
ing by your longer experience, and by inspiring
ourselves by your example, that our enterprise has
acquired such rapid development. We are happy
to acknowledge it, and your generosity can but in-
crease our gratitude.
In conformity with your wishes, your boat shall
shortly be placed upon the Calais station. The com-
mittee has decided that an inscription recording the
name of the donor shall be previously placed upon
it. It has decreed, moreover, to you the title of
benefactor, of which you will shortly receive the
diploma.—Accept, Sir, the expression of my high
consideration. The President of the Society,
(ADMIRAL) RIGAULT DR GENOUILLY.
To the Secretary of the Royal National
Lifeboat Institution.

- A duel was fought at Augusta, Georgia, on the
morning of the 12th October, between Colonel 11. P. Far-
ron, of Atlanta, and Major O'Connor, of Rome. After the
interchange of shots the affair was settled. The difficulty
grew out of a newspaper article.

The Escape of Kelly and Deasy,

The New York Sun of the 28th ult. makes the
following announcement :—" Capt. Timothy Deasy
who was arrested in Manchester, and rescued by the
Fenians of that place, arrived in this city on Sun-
day. He will be tendered a public reception on
Tuesday. Captain Deasy gives a humorous account
of his escape from Liverpool. Having packed up his
trunks with the aid of Col. Kelly, and disguised
himself so as to defy detection, he proceeded on
board the steamship City of Paris, in company with
the colonel, the latter dressed as a porter, and car-
ried the traps on his back in the most,approved
fashion of the fraternity. As soon as they reached

the deck of the vessel, and passed the long line of
detectives without attracting attention, Capt. Deasy

gave Col. Kelly a shilling for his trouble, but the
assumed porter refused to accept such a small amount
for so much work, whereupon the regular porters
were called upon to act as referees, and decided
that the ill-used confrere was entitle 3 to 18d. at least.

Kelly was so demonstrative that the police threat-
ened to arrest him if he did not accept the shilling
and go away, which he thought it better to do after
exchanging a knowing look with his quondam em-
ployer. At Queenstown the captain put on a care-
less exterior and passed among the detectives, dis-
coursing freely about the emigrants, an I making in-
quiries generally respecting the objects of the
wretched Fenians in keeping up a hopeless crusade
against her Britannic Alajesty. in the course of con-
versation, as a matter of course, the daring rescue of
Kelly and Deasy was alluded to and condemned.
One of the detectives remarked that he'd bed-d

they would get away from him if he had'them
once in his clutches. In connection with the escape a
very interesting letter has been transmitted to the
Irish People by the man who planned the rescue.
He says that Col. Kelly and Capt. Deasy were re-
turning from a private meeting when they were
suddenly pounced on by four policemen, and dragged
off, before they could draw their revolvers and show
fight. When their arrest was made known to the
officials of the Fenian brotherhood, a vigilance com-
mittee was instantly appointed to prevent their iden-
tification by Corydon. Men were posted at the rail-
way station, the gaol, and all the places where the
informer was likely to pass through, but by some
chance, owing to the want of identity, he was per-
mitted to enter the gaol. The arrangements for the
removal of the prisoners to gaol was duly chronicled
at the Fenian headquarters, and 11 trusty men, well
armed with revolvers, were detailed to frustrate
them. The moment the van left the Court-house a
cab shot out of the adjoining street containing the
commander in chief of the party. It drove along in
front at a rapid pace until a point was gained where
the object could be carried out with facility. Not
one of the men who did the work was captured. As
soon as Kelly and Deasy arrived in a given place
they parted company and took temporary ref age in
the house of au old Irishwoman. Kelly disguised
himself in a few minutes, started out by another
door and mixed with the crowd. An omnibus passed
along just at the moment, and he got into it in
presence of a half dozen policemen, who were in the
act of arresting two men on the top of the vehicle,
believing them to have been connected with the
rescue. Further on he encountered another batch
of policemen, and waited to learn full particulars of
the affair from them. Later on the evening of the
same day Kelley and Deasy returned again to Man-
chester, and took up their quarters at the house of a
tried friend. Another correspondent from the same
city, also a Fenian, says that Colonel Kelly has
concluded to remain in Liverpool, where he has
secured a remunerative position as inspector of
British shipping and commerce until such time as
Irishmen in America form a consolidated body for
the overthrow of the British oligarchy."
The New York correspondent of the Cork Herald,
writing on the 29th October, says :—" I have been
informed, on reliable authority, that a movement is
in progress throughout England just now, looking
to the destruction simultaneously of all its important
cities by Greek fire, provided any of the men now
in custody for having participatei in the rescue of
Kelly and Deasy are executed. In this city a
band of 1,000 pickod Fenians are in receipt of the
news through the Atlantic cable to destroy every
British ship in the harbour. No matter how incred-
ible the latter portion of this statement may ap-
pear, I am assured that it will be faithfully carried
out. There is nothing really to prevent its con-
summation, seeing that a few night policemen scat-
tered along the wharves would be the only obstacle.
The Irish people of New York are very numerous
and dangerous when excited by the feeling that a
wrong of any kind has been practised upon them.
The captain who navigated the Plato round the
Irish coast with 30,000 stand of arms on board,
&c., is in New York at present, no doubt with some
object of a Fenian nature in view, but what it is
I cannot say. He was a lieutenant in the regular
naval service of the United States during the war,
and left it to take command of the expedition to
Ireland. He was once restored to his position after
resignation under similar circumstances, and I sup-
pose will be again if he applies for it. Mr. Savage
has issued a circular to the circles of great length
and force. He calls for the exercise of redoubled
energy i❑ putting the machinery of the brotherhood
in a respectable state of organisation. He says that
the aspect of affairs at the present day, after the
stormy past, is not at all gloomy ; on the contrary,
the prospects are even brighter than before, and
augur well for a brilliant termination of their great
struggle against the power of a mighty nation. The
Massachusetts Fenians have recently been in coun-
cil at Boston. The Fenians of California and
Nevada are also bracing themselves for ' a long
pull, a strong pull, and a pull altogether.' "

danger of any trouble between the Irish and Eng-
lish, but he thought they were all working quietly
to get their living. They wanted to work, not to
fight, and came to England to mend themselves by
working. He hoped they would always continue
on good terms with their kind English friends.
(Cheers.) Ile believed Irishmen were soon touched,
and they did not like to be called Fenians. (Loud
cries of " Hear, hear.") He hoped they would
have no more of that ill-feeling among them any
more, and that men would not be called Fenians.—
Patrick Hagan said he had worked at Staveley 16
years, and never had a wrong word with an Eng-
lishman, and did not want to. He considered they
ought all to live as brothers together. (Cheers.)
Other speeches followed, and a resolution condemn-
ing the Fenian conspiracy was adopted.