The Sun.
London, England, 1832-09-05 00:00:00

LONDON, WEDNES PAY EVE 'ING, 8 EPTEMBER 5, .1.832.

DISAPPEARANCE of MR. and MRS. CI. ARE.

The following is a more correct and complete ac-
count of this extraordinary affair than has yet been
published. It appears that about 13 months ago
Mr. Clare was performing at the Chester theatre,
and during this time met with Miss Crewe, the only
daughter of an opulent farmer, residing within a
mile-and-a-half of the city, on the Wrexham-road, at
the house of a friend of the latter, where the inti-
macy commenced between them. Mr. Clare shortly
afterwards left Chester, and they corresponded with
each other, which the father discovering forbade
Miss Crewe to write any more letters to her lover,
and to break off the connection. In consequence of
this she made arrangements with her friend, at
whose house the acquaintance was formed, to re-
ceive her letters. Mr. Clare at this time had an
engagement at the Dublin theatre, and it was front
Dublin he wrote to her desiring her to meet him at
Liverpool on a certain day. She immediately made
preparations for her departure, but they were all
done secretly ; she found some difficulty, however,
in getting away from her father's house unsuspected,
which cawed her to be a duly after her appointment
at Liverpool. Her lover, who had been anxiously
awaiting her arrival, asked her what she would have
done if she had come without finding him there.
She replied, she did not know indeed, lie then said,
" Well, you have found me, and I would sooner suffer
my heart to be torn out than you should be separated
from me, or come to any evil." lie then produced
a marriage licence, and she immediately con-
sented to become his wife. They were married
the next morning. This occurred just five weeks
ago, since which they travelled to Dublin, which
place they left on Saturday week, and came through
Manchester, Sheffield, and Lincoln, and arrived in
London, at the Spread Eagle Inn, Gracechurch-
street, on Thursday morning last They lived very
gaily on the road ; and three weeks after their mar-
riage Mrs. Clare, by the direction of her husband,
wrote to her parents, and acquainted them of her
marriage, assuring them that she was very comfort-
ably situated. No answer was returned to this corn-
municatioreat which Mr. Clare seemed much surprised,
and Mrs. Clare thinks he expected to have received
a fortune with her, though he did not mention the
subject to her. On their arrival at the Spread Eagle
he observed, that place was too expensive for them
to remain at, and accordingly took Mrs. Clare to the
Flower Pot, in Bishopsgate-street, where they slept
on Thursday night. The next morning he went out
early, and hired furnished apartments at the house
of Mrs. Thompson, in Cannon-street-road, telling
her that his wife would be there very shortly. He
then returned to Mrs. Clare, and put her into a
hackney coach, with a small band-box, containing a
few articles of her apparel. He took with hint a
cai pet bag containing his own clothes, and told her
he would meet her at Mrs. Thompson's in a quarter
of an hour, but could not then go with her, as he
had to meet the manager of the Pavilion Theatre.
After waiting some time at Mrs. Thompson's, she
began to grow very uneasy, and wondered why he
did not come. Mrs. Thompson observed that busi-
ness might perhaps have detained her husband. At
last it grew dark, and no Mr. Clare came. Mrs.
Thompson then went up stairs and found Mrs.
Clare in tears. She expressed her fears that her
husband had left her; for, on examining her money-
box, she discovered that all the money they had,
about 30 sovereigns, and her marriage certificate,
were gone, and she was confident no one could have
taken them but her husband. After some persua-
sion on the part of Mrs. Thompson, she went to bed
at a late hour, and the next morning they went to-
gether to the Pavilion Theatre, but heard no tidings
of any such person. On corning out of the theatre
Mrs. Clare said she would leave Mrs. Thompson
and walk back to Lincoln, as she knew some per-
sons there. Mrs. Thompson, however, would not
allow her to go, and pointed out to her the danger
and impossibility of her going so long a journey on
foot, without friends to protect her, or money to
purchase food with. She then took her before the
sitting Magistrates at Lambeth-street, Messrs.
Walker, Mitthias, arid Garford, who, on hearing her
story, very humanely directed Mrs. 'fliompson to
take care of the unfortunate lady, trod to write to her
friends. This was done on Saturday evening; after
which, Mrs. Clare said she was' convinced she
should never be received at home again, for her fa-
ther disliked Mr. Clare greatly, and her mother was
a very strict woman. Mrs. Thompson wished her
to write a letter also to the friend whom she men-
tioned at whose house her courtship commenced;
but she refused to give the direction. On Sunday
evening she took a walk in company with a lady,
and in the course of conversation, Bartholomew fair
was mentioned, and she seemed anxious to be in-
formed the way to go to ir, but no particular notice
was taken of this at the time. Yesterday morning
she complained of being light-headed, and observed,
that she thought is walk would do her good,
and went out, observing that she would not go
out of the street alone, for she was sure, if she
did, she should lose herself. Mrs. Thompson
was alarmed at her manner, and feared she wanted
Back-
tea directed her son, a young man, to watch her.
jafeotgneli,ere_dst‘stNrai,a)leetireircagtiopportunity to destroy herself; she there-
e
fore directed fo
rtsaiaspi
eilfdletettpivlr,,yiceeeaidirti
uduinsip,t;folr osaamini
cedhtcyhawe,
mneilesinott,ust
osiesn,httioolspeh‘aeßitrapht(ri,hkot
e
corner of Leman-street, and asked the way to the
Lincoln-road. The shopman not knowing, beckoned
to Mr. Shook, a plumber, opposite, who, on hear-
ing her request, told her she must go to the North-
road, and observed, that as lie was going into White-
chapel, he would put her in the way. When they
got into Mansell-street, they were met, apparently
bti accident, by a genteelly-dressed man and woman.
The latter (addressing Mrs. Clare), said, " What,
are you the young woman from Chester ?" She
replied in the affirmative, and, as they seemed to be
acquainted, Mr. Shouls left them. Mrs. Thomp-
son's son, however, was still watching. They re-
mained talking together about 20 minutes, arid then
proceeded to Whitechapel, where the woman
seemed as if she was purchasing some meat; but the
butcher does riot recollect any such persons. They
remained about the shop some minutes, and then
crossed the road, when, in consequence of the con•
fusion arising from driving cattle into the slaughter-
houses, the young man was prevented from follow-
ing them so closely as he could have wished, and lie
unfortunately lost sight of them among the crowd. Lea
communicated her disappearance to the Magistrates
yesterday, who were much surprized at it. Lea has
not been able to trace the lost husband, and he
thinks the wife, who is a most simple creature, has
fallen into the hands of some designing persons. It
is quite certain, however, that she intended to leave
Mrs. Thompson, a• she took away the few articles
she had, concealed, as it is supposed, under her
dress. Nothing was found in her box but a muslin
petticoat, and an American silver coin. Mr. Clare
is described as a short slim man, with light hair, and
a florid complexion.

n•ere friends, Mrs. Clare preferred remaining witl
them to returning to her lodgings at Mrs. Thompaon's.
The Magistrates expressed their gratification at
her having fallen into good hands, and asked if any
answer had been received from her friends to th(
letters which had been sent informing them of het
sit nation.

The young man replied in the negative, and added
that no tidings had been received of Mr. Clare yet.

COMMITTEE ON BANK OF ENGLAND

CHARTER.

Examination of JOHN HORSLEY PA LMER, Esq., the Go-
vernor of the Bank of England.
From whence do the profits of the branch banks
arise ?—They are derived from the amount of inte-
rest upon the securities invested, from that propor-
tion of the circulation and deposits which appertain
to the branch banks. There is also a small profit
derived by the Bank from agency at the branches.
Can you distinguish the total circulation of the
branch banks from the circulation of the Bank of
England ?—Yes ; I believe it is given in the return
made by order of the Committee.
As that is of course returned to the Bank of Eng-
land, you can return it, distinguishing each bank ?
Certivnly; I have found i' to be extremely difficult
to return the proportion of the value of the circula-
tion actually appertaining to the branch banks, and
can only state the aggregate notes in circulation.
It does not follow, because a given amount of branch
bank notes are in circulation, that that is the issue
actually appertaining to the branch banks; many of
those notes might have been, otherwise, London
notes.
Is there any large proportion of London notes
circulated by the branch banks ?—Tiaere are none.
Will you have any objection to furnishing the
amount of outstanding notes on the latest Saturday
to which the same can be made up, distinguishing
each branch bank P—No.
Should you have any objection to furnishing an
account of the total amount of deposits at each
branch bank, down to the latest period for which
the same cart be made out ?—No.
What do you call " agency" from which you de-
rive a profit P—A commission charged to those per-
sons who do not keep an account with the Bank,
but for whom bills and money are transmitted for
receipt arid payment.
Although it is impossible to make an exact esti-
mate of the profit of any one of the branches, does
not the Bank, at the end of the year, make for itself
some estimate of whether a certain branch has been
profitable, and to what extent it has been so ?—The
mode in which the Bank has made out the branch
bank accounts (upon the correctness of which much
doubt exists) has been, to take the whole circula-
tion of the branch bank as if it actually appertained
to the branch banks. Such an account can be pro-
duced if the Committee require it.
In the accounts furnished, there is a charge in
each account of rent ; is the Committee to under-
stand that that means an apportionment of the charge
of rent for the Bank buildings ?—Yes.
How much do you take as the aggregate of the
whole charge ?-40,000/.
What rate per cent. is charged upon the capital,
at that rate ?—No calculation has been made, the
amount charged has been taken upon the opinion of
the architect of the Bank.
Have you an account of the whole cost of erect-
ing the Bank ?--I have not.
Does not that 40,000/. a year rent include both
the interest of the capital laid out upon the build-
ing, and the annual expenses of repairs of the build-
ing ?-It was referred to Sir John Soane to say
what he thought would be a fair rent for the Bank,
used as it is for the present purposes. His opinion
was, that 35,000/. per annum was a fair charge for
rent, and 5,000/. per annum for the use of fixtures.
Have you in that charge made any separate charge
for repairs ?—All the outgoings, whether they be
for repairs, taxes, or any other expenditure, are in-
cluded in the items of expenses of the Bank, in
addition to the 40,000/,
Is that meant to include the buildings applicable
to what are the private concerns of the Batik, as
well as what is dire to the public ?—Certainly.
Upon what principle is the apportionment between
what is due to the account of the public, and what
is due to the private concerns of the Bank, adjust-
ed ?—lt is apportioned with reference to the space
occupied in the different departments.
In the account of the accounts of promissory
notes and Bank post bills of the Bank of England, it
is stated, for instance, that in 1831 the average
amount was 18,651,940/. ; are you able to state to
the Committee what portion of that amount of notes
arises from the circumstance of the Bank of England
having established branch banks, and what belongs
to the Bank of England in its former condition of a
bank, before the establishment of those branches ?
I am unable to answer the question; I can state
what the branch bank circulation now is, but that is
all I can state.
Will you explain what is the meaning of the ac-
count entitled " An account of the average amount
of silver coin received daily from persons other thin
customers of the Bank ?"—The meaning is, that
there are a number of persons, small traders iii Lon-
don, who receive silver in the course of their busi-
ness, and who require to have that silver converted
into standard, that is, paper or gold; they conse-
quently bring it to the Bank, having no bankers of
their own, as the only place of exchange; and in
order to preserve the intended value of the silver
coinage, the Bank consider themselves forced to re-
ceive it, otherwise it would become depreciated.
Is the Bank compelled to receive it P—No; but
:f they do not receive it, the silver coinage would
become depreciated.
Is that by agreement with any department of Go-
vernment ?—lt is riot by actual agreement, but with
the concurrence on the part of the Government that
.416 was necessary to preserve the real value of the
ict:%io,
hei nag
e.
o ave of 4,500/. the receipt beyond
en
atlnt‘svoii is a
with
disposing
isrper
oe
scßieniagpritok fromf othfe
England,psuer,ps olurs i
surplus
who
ay and
dr
but through the Bank.
Do you not also pay out silver ?—Yes, to the
bankers and other customers of the Bank. Since the
melting of the surplus silver twelve months ago,
there has been very little accumulation.
Do you then infer that the quantity of silver now
coined is sufficient for the ordinary circulation of the
country ?—Yes, about sufficient ; the balance is
nearly preserved.
There is no v no daily accumulation ?—No; what
comes into the Batik through the above channel,
goes out again through the customers of the Bank.
In account No. 12, there is a large item, " Ex.
penses attending the circulation of 2,500,000/. of
branch Bank of England notes, at 11 branch banks,
28,508/. ;" how is that taken ?—The whole ex-
penses of the branch banks for the year ending Feb.
1832, were stated at 34,210/, which are appor-
tioned to the two heads of liabilities,—viz. circula-
tion and deposits, the former 2,600,000/. and the
latter 500,000/. In that apportionment, 28,508/.
will appertain to the former, arid 5,702/. to the latter.
In account No. 15, which contains a statement of
the position of the Batik, what is called the surplus
of the Bank is put at 2,637,760/., and among their
assets is an advance to the trustees appointed by the
Act 3d Geo. IV., what is called the Dead Weight
account, put down at 10,897,000/.; is that the sum
which it has cost the Bank, or is that the value

(PRICE 7D.)

which they set upon that security P—That is the
-urn which it has cost the Bank, taking off, from
,he period of the original advance, certain sums for
the redemption of the principal.
Has it any reference to what in the market ou
would estimate its value at P—No.
Can you furnish an account of its actual value at
present ?—No. The Bank have never altered the va-
luation of any of the securities which they might hold.
It appears that the first item is Exchequer-bills;
upon Exchequer-bills do you calculate any pre-
mium ?—No; if any Exchequer-bills have been
purchased at a premium, the cost will be entered at
such premium; but if they have been taken by the
Bank originally from Government at par, no credit
has been taken during the time of the Bank holding
them, for any premium they might bear in the
market.
Have you ever paid any premium upon Exche-
quer-bills?—Yes, we have.
To the Government ?—No, for those purchased
in the market.
Are those which you have bought in the market at
a premium debited with that premium ?—Yes.
Is it the cost price of bullion at which you make
the valuation, or is it the market price at the time ?
—The cost price.
When the Government discharges Exchequer-
bills in your hand, they mike you no allowance for
premium if there be any current in the market at
that time ?—lt is so long since the Government has
had any transaction with the Bank in Exchequer-
bills, excepting Deficiency-bills, that I can only
rtfer to former periods, when no premiums were
either paid or received by the Bank.
Does the account of cash and bullion include the
gold coin in the other return ?—Yes.
If an estimate is taken of 40,000/. a year for the
rent of the Bank building•, should you not take an
estimate of the capital value of those buildings, in
your statement of the situation of the Bank ?—lf the
B ink were to render an account such as has been
alluded :o, certainly they would.
Do the Bank notes of 18,051,000/. include the
Bank notes issued at the branches ?—Yes.
Do the private deposits of 5,738,000/. include the
private deposits for the branches also ?—Yes.
On the other side of the account, does the amount
of bills and notes discounted, 2,951,0001., include the
bills and notes discounted at the branches ?—Yes.
And the cash and bullion, 5,293,0001., includes
the cash and bullion at the branches ?—Yes.
The loans and mortgages mean mortgages of land,
do they not ?—Yes.

There is a sum advanced on security on various
articles, what is that P—There are various items
not realized which are in a state of uncertainty,
such as discounted bills unpaid. The Bank are in
the habit of writing off' such loss as may be esti-
mated to attach to discounted bills unpaid; but the
remainder may be some years before it is realized;
that amount, therefore, remains at the credit of the
general account of assets. There is also house pro-
perty belonging to the Bank of the value of upwards
of 100,000/.

But there is nothing included for the Bank it-
self ?—I believe not; but the accountant can an-
swer this question, if necessary.
What is the cause of the difference in the sum
of Batik capital due to proprietors, 14,553,0001.,
and the permanent debt due to Government,
14,686,000/. ?—lt is a sum of 133,0001., which the
Government owe more than the amount of the ca-
pital stock of the Bank proprietors; it arises out of
some settlement of a very old date, which I cannot
personally explain, but which the accountant can
answer.

Can you state how it comes that the annual expenses
of 1830 are not far from double the annual expenses
of former years ?—lt arises from a very large sum
written off for the forgery of Mr. Fauntleroy.
What was the amount of that ?—The total loss
was about 360,0001. ; but the whole of that is not
contained in the item referred to ; part was paid
before. I believe about 250,0001. was written off
in the year 1830.

What is the cause of the considerable increase, in
the year ending the 29th of February, 1832, over
1831 ?—lt arises from the heavy losses sustained
from the West India and other interests in dis-
counting bills ; I think there was a loss of about
80,0001.

Do you suppose that there is any portion of the
loss by Fauntleroy in that of 1832 ?—No.
What is the explanation of " branch banks' de-
ficit, 17,8591." in the year ending the 27th of Feb.
1830 ?—I believe it to be the balance due for the
expenses of establishing the branch banks.
In account No. 17, the dead-weight account is
put at a profit of 451,4151. ; the actual receipt of
the annuity is 585,7401. ; can you state how you
apportion the difference to the reimbursement of ca-
pital ?—There is a regular calculation in the Bank,
commencing with the period from which the annuity
was taken to its termination, showing how much
capital, appropriated every year, will redeem the
original outlay, and which is appropriated accord-
ingly.

-So that the Committee is to understand that upon
that principle you would find yourself at the end of
the term of years with your capital received back,
and that the profit has been the interest received ?
—Certainly.
Is that capital, so received back, carried to au ac-
count at the Bank 2—lt merges in the general assets
of the Bank for re-investment, if they think fit to re-
invest it.

Is, then, the value put upon that item in the state
of the account of the Bank, which is 10,897,0001.,
an outstanding capital not yet redeemed ?—lt
Then the effect of it will be, at the period of the
expiration of the annuity, to have the same money
capital as at the commencement ?--Certainly.
In No. 19, does gold and silver bullion include
coin ?—Yes.

Does the sum of 106,0001., the expense of issuing
Bank-notes, include stamps ?—No.
In account No. 20, the salaries and pensions are
stated to amount, in the whole, to 243,0001.; now
in the preceding account, the salaries and pensions
are only stated at 218,0001. ; can you state the
reason of that different.?—ln the latter case, it it.
exclusive of the salaries, &c., paid to the branch
banks.

With respect to the 193 pensioners, are they not
old clerks retired upon superannuation allowances ?
—They are.
In the account of net annual profits for the year
1830, it appears that the profit amounted to
930,7864, and the dividends in 1830 amounted to
_ _ . _ ~..

1,161,234/.; consequently, a portion of that divi-
dend must have been paid out of the capital of the
Bank ; how do you account for that ?—The differ-
ence was paid out of the surplus profit.
What is the explanation of the words in the
heading No, 30, of country bankers " who do not
take fixed amounts for circulation ?"—There are
country bankers who have never issued their own
notes, but confined their issues to the notes of the
Bank of England ; there are other country bankers
who have applied to the Bank of England to with-
draw their own circulation, and to adopt the circu-
lation of the Bank; and in those cases the Bank
have required a statement of what the average
amount of their circulation has been, and to that
extent the Bank has agreed to furnish Bank-notes
for circulation at a reduced rate of interest, three per
cent.

That is what you call a fixed amount of circula•
ion, to which the branch banks are in the habit 01

accommodating country bankers 7—Yes.
Upon what criteria do you fix the circulation of