The Sun.
London, England, 1866-01-18 00:00:00

THIS DAY.

A meeting of the holders of the 7 per Cent. Cotton Loan
of the Confederate States of America was held this day at
the London Tavern, for the purpose of considering the
best steps to be taken to obtain a recognition and settle-
ment of the loan. Admiral Wallace presided.

Mr. CHAMBERLAIN, a member of the temporary com-
mittee, explained the stops taken since the last meeting,
and said that, although nothing had resulted, he felt that
sooner or later their just claims would be liquidated. The
South and North must become one Confederation, and
then better feelings would prevail. It was thought the
best course to pursue was to appoint a permanent com-
mittee to act on behalf of the bondholders, to obtain accu-
rate information relative to the loan, and resolutions
to that effect, would be submitted to the meeting.
Tho following resolutions were then agreed to unani-
mously :

" That this meeting of the holders of the seven per Cent.
Cotton Loan of the Confederate States of America having
full confidence in the great principle of justice and inter-
national law on which their claim is founded will be recog-
nised and acted on, both by the Federal Government of
America and by separate States lately forming the Confe-
deration, that a committee:be formed for the purpose of ob-
taining a satisfactory settlement of such claims, and that
quch committee be authorised to effect the arrangement of
such claims, subject to the final approval of the bond-
holders."

" That, in order to furnish the committee with ample
means to institute vigorous and effective measures, both
here and in America, to procure a satisfactory settlement of
the claims of the bondholders, and to compensate them
and the persons acting with them for that purpose, that the
holders of the loan agree that five per cent. on the nominal
amount of tho existing bonds shall be deducted therefrom
and placed at the disposition of the committee, as soon as
an arrangement of such claims be effected."

The Chairman, Mr. Western, Mr. Morgan, Mr. Harvey,
and Mr. Phillips, were then appointed the permanent com-
mittee.

In reply to a gentleman present,
Mr. CHAMBERLAIN said Mr. Mason was most anxious to
assist the bondholders by every means in his power.
Tho proceedings then terminated.

LAW INTELLIGENCE—Jan. 17.

COURT OF EXCHEQUER
(Before Mr. Baron Bramwell.)

EMERY T. JEWETT.

(Continued from the First Edition of The Sun of yesterday)
Mr. Powell, for the defendant in his opening address,
blamed Mr. Emery very much for bringing the action.
He contended that it did not pass the limit of fair criti-
, cism, especially as it was true in every particular. The
writer of the article was a gentleman named Gilbert
A'Beckett, and so far from their being any malicious feel-
ing in the matter, that gentleman had not the acquaintance
of Mr. Emery, and had never spoken to him in his life.
He said the plaintiff had omitted to call the second
prompter ; and that fact would certainly be a matter
of very great importance, in enabling the jury to
come to a just conclusion. lie should call before them the
author of the piece, Mr. Palgrave Simpson, who was pre-
sent during the first performance, and ho presumed ho
might be taken to know something of tho part. He had
had almost to drag that gentleman into court, but he
would tell them that Mr. Emery was imperfect in his part
to a very great extent. If he proved that, the jury he felt
would come to the conclusion that the critique had but
done his duty in stating facts, and that their verdict would
be for the defendants. *

Mr. Arthur A'Beckett said he was the writer of the
critique complained of. Mr. Emery was decidedly not
perfect in his part on the first night of the representation
of " The Watch Cry" at the Lyceum. Ho hoard the
prompter distinctly more than once.

Cross-examined by Sergeant Parry—Mr. Emory was
very imperfect, so much so that no ono could fail to no-
tice it. Ho was sitting on the seven row in the stalls.
The prompter's box is in front of the orchestra, but he
could not say ho heard the voice from that box. He
heard the person prompt. It was in a " stage whisper."
He could not say that every person hoard the prompter.
Ho knew he heard him very distinctly. Mr. Emery was
incapable of acting his part ; he was so imperfect.
By the Judge—He did not recollect whether Mr. Hors-
man and Mr. Widdicombe were inconvenienced by Mr.
Emery being imperfect.
Mr. PalgraveSimpson said he was the author of the
piece in question. He was present on its first representa-
tion. Mr. Emery was decidedly imperfect in his part.
He was confused throughout.
The learned judge having summed up,
The jury retired to consider their verdict, and after an
absence of three-quarters of an hour, returned into court
with the following verdict :—" That the words complained
of were libellous ; that it was untrue that Mr. Emery was
prompted ; that the language used was not fair criticism;
and that they gave the plaintiff £5 ss. as damages."

Liverpool Cotton Market—This Lay.
The market opens rather steady. Sales probably
8,000 bales or more

ROYAL GEOGRAPHICAL SOCIETY.—At the evening
mcetirg on Monday mixt— Viscount Strarig,ford, vice-pre-
sident, in the chair—the following papers will be read :
"Explorations in N.W. Australia," by Mr. James Martin ;
"Description of Cape .York District, Australia," by Mr.
John Jardine.