The Sun.
London, England, 1844-03-09 00:00:00

1)1
TO ALL WHO AVAIL OF 13A1"
ACCOMMODATION.
TO THE EDITOR OF THE SUS be;
Sia,—The intention of GoTernment having 11od
1014
generally apparent, relative to the suppre-041' tiod
notes, issued by private and joint -stock banks, 17,410 i
stitution of the notes of the Bank of Eggisildpal
it may be well to consider the effect of this cve—
measure on the public at large.
For some time past, the Bank of England has
.01
Touring to induce the present issuers of coantrY one per
press their circulation, on condition of receiving °eool
on whatever amount of Bank of England note thee;
able to keep out after the withdrawal of their O
This arrangement may be taken as a criteria °f the
coming Government measure.
At. first sight, it would' appear, that the public vier: tIO
way interested in this exchange of local note for 010314
Bank of England, but, on a more careful extunill36°'
different result will become apparent.
As things are at present, the amount of st,-, v
which any local bank is able to affprd in itt Pirtle 14,).
trict of operation, is derived from three eources.,Hllo'
actual capital of such bank, the amount of its de

the amount of its note circulation. end"'
Now, let us observe the position of such ea--
contemplated Government regulation. Its°
The amount of its local eirculation is witht ssl4.
another note circulation (of Bank of England Otectri
tuted, which must be paid for by such bank in e
(upon which it will afterwards receive an allowsne
rcnese
per cent.); therefore, the loss to the public, and tb
pac
accommodation withdrawn, previous to the A- cos'er
of the new Bank of England note circulation, is elol.„
mensurate with the amount of local notes so sup
Hence, it is clearly demonstrated, that though or
gate note circulation of the country inaY r-
uis Site
nearly the same amount after, as before the su
Bank of England notes, yet that the angalt,:stoft`
accommodation will be lessened by the exact ata"
.2
notes previously in circulation. at 11")
This, then, is that portion of the Governnie osee
to
which directly affects the public, and ought to „or
of the- most serious remonstrance on their
The amount of local notes (not Bank of-buk-beel'P's'
ral circulation inGreat Britain and Ireland, InaY ,e"
in round figures, at 18,000,000/. seti
ssis
The withdrawal, then, of 18,000,000/. of bane-V
dation fi sm the provinces will be the most serious 0,
this country can possibly sustain. , be °sit')
The vital importance of this measure lonsisa, rs,,Jl
logy for trespassing upon your columns •
question is neither a party question nor aeo'llts' ojell A ,
but purely one in which all who avail Worn(
banking accommodation are most intimately ess°.sel4
trust you will excuse my bringing it thus PrT:,-eis,
ward for the notice of your readers.—l remaj"s'egl
very respectfully, seas 013 e
CHARGE OF
Yesterday, at the Mansion.houie, Mr. 049
an extensive ship-builder of Ipswich, anusil beJ°:si
the Town Council for that place; was brouge covt:"
Lord Mayor and Sir Peter Laurie, in the thbeeeigfili
Daniel Forrester, the officer, charged viith,asterfor
bined with Charles William Simpson, tbe "the c 'f'
Colina, brig, to cast away that vessel, With Copt
defrauding the Marine Alliance Assuranoe.oo4",
the amount of property for which she was ssostV
Mr. Clarkson attended, as counsel for th, r if,
to which Messrs. Pearce, Phillips, and 13°,nellirs
citors, and Mr. Prendergast, of the bar, ni;ostighoo
rence, clerk of the magistrates of the es
county of Ipswich, appeared for the prison,
es!
stated to be a person of high respectability. 4
in i
Mr. Clarkson stated that-he was not at ije,
prepared to go into.the case, which was one
ss uvv
importance. He should merely state as.
Mnrsoner
justify the magistrates in remanding tilisse Pelbesb.;
the witnesses upon whose evidence- tw'r,oo,,
founded should be produced. The brig `'isit
had been the property of the prisoner, was,eo t'sifd
taro Simpson, after an arrangement bete -to prise'
the coast of Holland. It was his intention AOOl
the principal clerk in the Marine Alliance, et",
Company, who would prove that evidsellie.;l
portant to the support of the serious cns":.r bo",
forthcoming in a few days. The prison orefee#
apprehended by Forrester, upon a warrant fbielltie(i
with the offence • and the captain of the Ono. Pee
previously apprehended by the same office,rt:stile4
taken by that prisoner in the affair. P,t)
rity of his Learned Friend (Mr. Prendergn'oe,A,
that the party now under accusation was „lficla "sear
substance as a ship-builder at Ipswich, 7; 05,,,f,/
of the Common Council there, and that s'o-slirner
tention of the prisoner to apply that bail 01040)1
for his appearance on whatever day his '6lOO 0:
appoint for the next hearing. He (Alr; per
willing to adopt any course the Lora
choose to suggest upon that point.
takc.
Mr. Prendergast said the procees.... resPolia
his client, who was so well known and
person, appeared to him to be extraordin sob, ;
Learned Counsel) knew Mr. Read to haeteilte6
perfectly answering that description. an
most anxious at once to meet the chaLg-"'ereerow
might be. To suppose that a man of slan',:Sagese.;?;
character would run away from such a eh we v:e
absurd, and his Learned Friend ought t° 700
be
pared with witnesses to substantiate S° : ,47
ration.
had 1)6411 4:514
Sir PETER LAURIE said that he -- seo
eight days in the room in which they t"eto ois
eight days in the adjoining room, upouthe, 'tJ to
the two brothers of the name of Vlirailh7efits'
charged for similar offences, and he bad `s4
50'
bail fbr eiter of prisoners.
The LORDh MAYORthese said hew ished to h,sejilerV or
dente in support of the statement of Mr. V O
10
• t
he decided as to the taking of bail. rs' 5 t
Mr. Prendergast observed, that the Pilisieetes"
Sir Peter Laurie had alluded were very
from the gentleman at present under seen /1
Mr. Clarkson then called soil"
George Gardiner, who said, lam in tneiee slislroboY
prisoner and Mr. Page, who are partnerLi;
at Ipswich. They were owners of the. nol°oll`,ki,
11ec,n,
which I recollect the loss. Captain Si 1750/I'ol )11'
her. I remember seeing Captain dof eet
now, I believe, in custody, in the shirYst beta 11)(0
I many times overheard • conversations to
Read and Captain Simpson about that 1„„e'cl til' „11
the captain say that the vessel was lost,' V
wilfully done. 1)%1'
-Mr. Clarkson—Didyou hear hiinSaY 9
presence ? -Witness—l did. sg' done
Mr. Clarkson—Did he say how it if' e‘rj,
est j
ness—No. - So Lb
The LORD MAYOR—TeII us as near.l Das 0
0 •
precise words. Witness— th e
It was in - falifsr
when the captain told me in particular. feisoorce
Sir PETER LAURIE—Are they in' The
cifeo,
enmity now? Witness—ln friendship'
still in Mr. Read's employment.
Sir PETER LAURIE—That i a es-
stance. Oe
Mr. Clarkson—Do you recollect ,e ss fio0;
said between Mr. Read and Captain Si.Molless.- oeli,
ject of the loss of the vessel? Virliztaa beet),echis'6o
Read told me that Captain Simpson tif the:tileidds
ing a strange report about the los' "used '-fslit
he had been telling a person whileee tisrPtiso
named Simeon, that the Colina had ", iostiP1001)41
the knowledge of Mr. Read, and at 111500 lia,'lsltiseo's
Read then asked me if Captain Sim.Pdshe bOttelly,Po
anything upon the subject to me. I sal ,0101°. cdr6l
same thing. He then said, ~ why did
~,sione ell 4
when he mentionedit ?" I said, frora ci re.lToootise t)it,
appearance of the parties, he must havoeseroave tive.)l),
it, and I rlid.not want to have anYtci beli°s/P',ltot
be
subject. Ido not exactly know. hu 27th "03 'tot
conversation took place on the 26th is°lo.ge, and
rts
Read said it was a very serious eh the /I/ ee`i
would expel Captain Simpson from -e faro 0
would kick him out of the yard. „t of theoPt
. Mr. Clarkson—Did he turn him e'dst-the clipts,o
that? Witness—l believe he did °r d ti)e
9
of the yard. WO tithtb
e elh
Mr, Clarkson—Did You see Mr. sea ing "1, io
together subsequently/. W'itness---,,_,theLg
hu
the yard after he bad been
Read. After they had been conve"oose;:sr 014 tol 0
yard they came to the counting-11.0d I" toe's, lee,sl
from their appearance, that they .r" for ots'orrs
I accordingly left the counting-1;1; tbeejcivithid solid
minutes, and I returned to it vic4 woos"
expelle_sisg 50,004
Mr. Read then said that he 131)140 ',,ht it
Simpson, and that the captain t°011) th°°' 01e(1,0/
more about it, and he (Mr. Re biP sssel es ,
the best way to give him anothe: ge 'Nutisa"
Mr. Clarkson—Had Mr. Berntaill stettre 110
Argo ? Witness—He had. vi'r 0
commander of that vessel. of
‘,OO,
Cal' $W
Mr Clarkson—What became the
Witness—He was removed frmn.us ;AV ot
Argo, and Captain Simpson was r the Poo 000 oi
Mr. Clarkson—Did Mr. Pagr'itssee"-s
Read, agree to that change e gr. s
cooi#
whether he did or not. 1 believ.oos,
with Captain Rutland upon his - lette:A/',
sorry for it. ember Itoritaiie°
Mr. Clarkson—Do • you Yelnlk t CO j
from the master of a Barking lon'""-fter th ,
soOn I/ lore
That was in the year. 1841,
„jog, t oce
lost. he; Bv--ecelP to I'l
rerner
raeinftve-rr.thileealloci,rpifil 1:14;1
Mr. Clarkson—Do you
letter
rC a? p tavvi
tSniems
sp_s
dtoo.geth
I bea c! Aff,sa
Simpson, "We have a letter
hhoapviengtheroestisthneotl-eisnsgelaniwiisliifo:cl)4laio. W,erv_git d
ober ?" v,
about the affair ? Were Sorbet s essal
said he was. He also said .. bio on my,
-were arround at the time, too
k'
thief 1;0 t
treated him kindly. Read 51117
sif;oCnlaigzi-Thtied Mvers.sei littusear:oooo.
Read said it was fortunate for yes' 4
slay ,gooi
vessel was so near. that be ean
_ Mr. Clarkson here state.adstit
justify
,isisoatartteetc-iboose,
produced quite enough to
cou3lfdr.not
refuse r
to
ttahkeen
ecc'e4eo
been most extensively engaged "itsi
;peat° et
CY.
deternie l'3,1,11;o
years.
The LORD MAYOR-4 have
two sureties in 5001. each, and
I,°"
for the appearance of the prison: einter ore e
fortes.d gentled
or
_,14
~414.1
el i
recognizances to the amount
es
_lieito 09
0
Mr. Lawrence (the prisone. di"ee
should be forthcoming insinedia,.;,',4oo. A o 40111.
At the suggestion of Mr.
not
unolvr; eV
given that Mr. Read should u
,flpson,
communication with
brought up to the Mansion'
thence e
inns's:Ls-use fievo. 010 ll'
Daniel Forrester, _ and from
s.,anded
Compter.—Tho ease, was then 06"