The Sun.
London, England, 1826-09-05 00:00:00

£28,385

[At the reading of those items of the accounts, which
mentioned the sum charged by Mr. Ricardo for his com-
mission, and those disbursed for the expenses of the De-
puties, much disapprobation was expressed by the meeting.)
Mr. BONVRINO continued.—This account was transmit-
ted by Mr. Spagniolacki to the Greek Committee, with an
urgent request to that body, that they would interfere on
behalf of the Greek Government, and endeavour to obtain
from the deputies Orlando :and Luriottis some farther in-
formation as to the application of the sums therein men-
tioned. On this a sub-committee was appointed, consist-
ing of Colqnel Stanhope (the Chairman Mr. J. C. Hob-
house, Mr. Charles Sheridan, and himself Rowing),
who jointly undertook to seek the desired explanation, and
to go, if necessary, into an examination of the whole ac-
count. Mr. Luriottis was not unwilling to answer in some
points, but Mr. Orlando refused to give any answer, or to
'state the authority on which he had acted.

The following is a copy of the letter addressed to those
Gentlemen ty the sub-committee on that occasion

" 6, Albany, May 3, 1826.

. ,
Gentlerrieni—:-We have receivedthe letter you have addreesed
to Mr.. &wring, dated, the let instant, announcing the receipt of
the Resolution of the Greek Committee, and refusing to recognise
to examine the accounts of
the. authority
the appropriation of the Greek .
of the 'Sub"C"unik
Loa":
" We beg leave to eall,to your: recollection, . that the Greek
Committee has not intruded its, interference on thhr occasion. Mr.
Spagniolscki, ono of your own. bpdy, hie entreated the #l.oiotAnCt
of the Committee, i,n order to obtain that Intatoinatioa of the'
'accounts, which we should hope yotk would deem desirable on
your own account, as for the interest of your country, and those
of your country's creditors. We cannot individually report on
them, and can have no potteible motive for going into details, but to
serve the great cause of your country. But, as the Greek Commit-
tee was mainly instrumental in creating for your Government that
reputation which enabled it to raise such large sums of money in Eng_
land..-and as it nuts no small share of responsibility towards those
who
advanced Amse sums—and as we think you are not only re-
spontible to your Government, but to' the British public, for the
proper appropriation of thalami with which you have been intruat-
ed for 4* PUMA's of admitting the independence of Greece—we
hope yOU will consent to elucidate any items in the accounts which
mar requint.exPleoetimst end to apply tomb balanete as may re-
Ihntriallosiencineriaittye,namithat,
troutoncelaihistleroowatir
miln, an, the, prompt, the_ efficient, and real service of your MIA try.
iiiP"lrfun‘PlT rs°7eCinirsehrPtsmtliolitituyvreC()erY. yeti, With
to serve yottr cotinkrY; rt:ve
wine ; yid we sarttestly desire your cordial co-operation;ln
to prevent consequences which cannot but be disastrous..
44 We must be permitted to observe, that it appears, by the ac-

count presented by Mr. Spagniolacki, that a very considerable
sum still remains unaccounted for, and which ought immediately
to be properly secured, and applied to the service of Greece; and,
at the same time, to add, that there are very many items which
most urgently demand investigation.
We have the honour to be, Gentleman,
" Your obedient Servants,
" J. C. BOBROUSE.
" LEICESTER STANHOPE,
" C. R. SHERIDAN,
" J. BOWRING.
" Messrs. Orlando and turiottio, &c. &c.•'

(Signed)

Mr. Bowring added, that he had no• wish, by the reading
of this letter, to introduce any personal recrimination, or
any angry feeling. He had read it to defeeid the
Greek Committee from the imputations which had been
cast upon them in some quarters. Nothing could be. more
unfounded than such imputations. He had had the.ho-
nour of acting with them for a considerable time, a.`l4 could
assert that. they had for these, three years .exerted.. them-
selves with infinite zeal in the great cause of Gredisu
liberty.—(Hear, hear !)—With respect,to the ,account hs
had read, he begged to add that he would not guarantee
its accuracy. He read it as he got, though, as far as his
opinion went, he believed it to be authentic.
The Citalrtatas begged to add, that the accounts now
read were the same as those sent from the Greek ,Depu.
ties to their Government. They must, therefore, be looked
upon as official. As to the effect of those accounts, he
would observe, that if instead of their present inefficient
Chairman, the meeting had Demosthenes as their Presi-
dent, he could not be more eloquent on the state. of. Gre-
cian affairs than were the items they had heard. It seemed
to be a misfortune of the Greeks that they placed; every
reliance on money to effect every object, and that when
placed at their disposal it was in general miarniusaged.s--
alo'lnieenchoeulAdvadsoineiG,erryeet\cei,ngtl.ley
itrindkoltrolldd
o
them it would be much better to depend on their united
GapoPl de "weeds tt
e
exertions—on their sinews—on their iron, than on gold
alone : but that, as gold to a certain extent would , be ,ne-
eessary, he advised them, that if they got it, and placed
it in the keeping of a strong-minded, iron-fisted Eng-
' lishman, it would be safe, and the dividends would
be paid to those from whoM it was obtained.
had said this, because he thought it due to • those who
had so nobly come forward with their money on.that OM-
sion. But he always thought the Greek, Government
were not to be trusted with the management of money,
not from any want of confidence in the integrity or ability
of the individuals of whom it was composed, for if the
majority of the Greek Cabinet were as able and as honour-
able as many members of our own Ministry, he thought
they could not well be trusted with money. If they were
an island Government, they would be exposed to the at-
tacks of pirates; and if a military. Government, they would
be liable to the aggressions of those whom he would call
robbers; but into whatever hands the money fell, it would
be impossible for them to do justice to the interests of the
bondholders. But the first great error lay with the bond-
holders themselves, for they should have made .it pert of
the contract that the money should be placed in safe hands,
and it was wrong to have advanced it without such a
guarantee. This guarantee, however, they ~had omitted
to obtain. The next error in the transaction was:that of
Mr. Ricardo considering himself in the light of a banker
to the Greek Government, paying with one bend soul re-
ceiving with the other. He had no donbt.that Mr. Ri-
cardo, who was a highly respectable man, and the brattier
of a num whom they all knew and esteemed, acted from
what he considered conscientious principles; but to was
he did with such a Government, was all ,nonsense. One
effect of the course which had been pursued would be,
that the bondholders would not be able to get any divi-
dends. With respect to the Deputies, these miserable mats
he would not say more than that. he supposed no man ever
thought they were the men to whom should be left the
management of millions. As to the three councillors, Sit'
F. Burdett, Mr. Hobhouse, and Mr. Ellice, be thought
they had acted very wisely in proposing the fitting out
of an armament, and placing at its head one of the most
chivalrous, brave and honourable men that was ever
say he: a:nethatext hei
,Lordor Cajo7h rnaanveal. —a 'mg(
Cochrane.--{Hear, tea--; notne
could doubt the wisdom of such a choice—but why, was
not that choice followed up by corresponding measures irn
other quarters ? This led . him to another tcpie—to
matter which was deeply to be deplored by all who were
really interested for the success of the Greek cause ; he
meant the want of a responsible head in all those arrange-
!vents. Who or where were the responsible parties in the
present case ? Were they the councillors—Was' Mr.
Ricardo ? Was the contractor ? Were the Greek com-
mittee ?.. None of these, it would be answered. Then to
whom were they to look for the misapplication of the last
loan ? For the transmission of so large a sum for the pur-
chase of two frigates in America, which were still de-
tained at that side of the Atlantic, for the expenditure of
so much money in the construction of steamureasels,4hith
were now lying rotting in the river for the want of a
small sum to complete them ? But it would be idle new.
to press these topics farther,. and he only thus talked of
the past in order that it might serve as some guide for the
fixture. They ought not to look so much to what had been
done, as to what there yet remained for them to do.—.
The question then came, what could they do now ?
His advice was, to select one, or three, or five, or
seven men to examine the accounts of what had been
applied of the money, to see how much of their re-
sources ip that way might yet be retrieved, and to
report as to what farther measures ought to be adopted.
But then every thing would depend on the men, whom
ey
hithtthe
oaladri
harm,
putt onlyihts:o.mlitetac;:kl select.
fe mattersetreading
ifre pigot‘hovsefetyri
tl lohselectedworse
s account
butt t
a t,
eiohl xit incompetentoethred men
eyos
ey
heard from Mr. Bowring. If they selected -clever • men,
m-
aixartaciiNars.o
they would have a clever report, which might be submitted
to another general meeting. The result would probably
he, the adoption of immediate and active maims to- re-
trieve the affairs of. Greece, while yet it was..poisible. He
would say, send to America and set the frigates purchased
there, which had already cost so much, afloat. Let the
steam-vessels- be immediately despatched, and a respecta-
ble force be placed at the disposal of those who knew at,
well how to use it, in the. Mediterranean---let reinforce-
loo
oatag
quarters.
etts.ho.
re
whoilevit heel eoihrot
a.ksdt:don,.(lgh:pholdsupon as
a(e
rst
con-
tractors scrap.)
went; be sent to Athens, and to the other plitees.thretten-
on
e thei
ed, for it required very little foresight to predict, that if
he
Greeks still possessed, were suffered to be wrested front
itAtilroiehthesaomet
eed,nwds.tta.rhasoaeonny
taidi wiosNtleothtau
:Pof ]
roc°.
went by the Powers of Europe, but be considered end
would
e
ix:13:1:11
,dy%tVhe,
saireirinrtapbrettifiex:hettroa
tv:h.clatlhvt
tihrNe.rncgthAiniusKitn:teseax,ii,tthii:oilirit:t he o have submitted some resolutions,
? If
t, as lee
ttfi(ol)dr ap
the plication of the loan, froP- ev" PllrtY
couldey eiuely
Tit
e tell
e lit
AO whom
itatAN saani:ll
he
er
had expected aetrst 41dotily. had heed
be
that Mr. Spagin
hope.' of
remedy depended on publicity.
Mr. CLARKB wished to
know to whom the money was
The and whether ivy pirsons and who, was respons
for its application ?
answered that Mr. Ricardo had acted
ma
i
given,The CRAIRMAN at- - .
s 1 he would say, if he had
ijn
as banker, and had ab!') (wisely maimr capacity.acted wisely) taken upon in to evert in
• Mr. C.tot'Sex hoped, if Mr. Ricardo was present, that
no objection to state whether the money he
had
be woni
gdivlhave;asv in safe hands, and how much remained.—
Hs w"kealso d to have some information as to the ants*
Spine
ent
Wren did not think that the present was the time
g
when all these details should be gone into, but. he thought
Xaie delay of the steam-vessels now in the river. S.
ne could be more prover than the present, ?at, least .to
bgin such inquiries. 1 here was Mr. (kalloway,, the en-
gineer, who had received 80,0001. for building four steam-
vessels of .50-horse power, and they were now in a scats

'unfit for use, and it was impossible to say, when they would
be rendered serviceable. How was this ? Was it that
Mr. Galloway waa incompetent as an engineer ? or was it
for want of funds ? or were there any political causes to
which ihis delay could be attributed? Mr, Galloway, it
was known, had a son who was employed es engineer to
the Paella of Egypt, and perhaps it might not be his in-
terest to feet against the interest of his son.
Mr. ROUERTSON here rose" to order., These matters
were, he submitted, not fit subjects for discussion at this

Mr: Cutlixit'Said- he had no intention of casting auy
im-
putation on anyinan, bUt when ouch a palpable failure as
this was before ,their eyes, it Was natural to look (or
eikkes. If he Were in the situation of Mr. Ricardo, or
any of the parties unmet!, he would be most anxiotts,to give
every information in his power.
The CHAlltilkgSaid, that if Mr. Ricardo were present,
he could not' suppose he 'Would have an objection to give
all the informatiou'which he possessed wait respect to these.
matters. •

A 'Bondholder (Who Se-n me we did not learn) Observed,-
that they had heard's, great deal about the Misapplication
of the second loan, but not a word. Was said about the
first loan. It was now more than two years since that was
eontraete& Why bad not Ships and steam vessels been
purchased on that occasion, when they would haver been
as available for the Greek service as at present? Had
-some of the 700,000/. or 800,0001., then rinsed, been thus
applied, the fall of Navarino, and many of the misfor-
tunes consequent upon that hiss, would have been. pre-
vented. He was told that .a dividend was paid on the first.
loan last July, out of part of the proceeds of the second.
What, authority was there for such an application of
this money.? When the affairs Of Greece were drawing to
'such a crusts--when matters had been so managed here
that even a very small sum would be an acquisition to the
Greek cause, he could not but consider such an application
of any part of the second loan' its wholly unwarranted and
unjustifiable, Such a sum,-though but trifling to the bond-
holders of the first loan, cand,.in fact, injurious to them, us
.it cut off elmoit the only chance left of putting the Greeks
in a situation to pay another dividend,) would have sal
ficed
.to set the steam-vesSelS in the Thames afloat, and
send them to their'detitimition.

The CHAIRMAN said, that he was not in England when
the first loan was contracted, and could not speak as to Its;
application in every respect; hut he agreed with the last
speaker, that a supply of steam-vessels would, at that
period, have been very serviceable. At the same time he
did not think, that in point or time, their being sent out
then could have prevented the fall of Navarino. As to the
dividend of the first loan being aid 'out of the dividend of
the second, he must say, that ifs the fact were so, it was a
misapplication of the money.
Mr. BOWRING said, that if a committee were now ap-
pointed, they might inquire into those matters with
much better effect than could be hoped for from their
partial discussion at present. With respect to the applica-
ton of the first money, it was confided to a Greek com-
mittee assisted by English trustees, who were—Lord By
Pm, dolonel Gordon, who had expended large sums of his
own in the advancement of the cause, and Colonel Stan-
hope. That arrangement was put an 'end to by the la-
mented death of Lord Byron, and the vocal of Colonel
Stanhope by the Duke of York. The money that re.
mained undishursed by them was then handed over to the
Greek Government.

Mr. Rinicamsolv again tuldrksed the meeting', and dwelt
strongly on the necessity of some immediate elThrts for the
relief of the Greeks, while. their cause' had not become
hopeless.' The Duke d'Alberg was now in London, from
Paris, and had ahntist anthorised it to be said, (at all events
he,-M.r. Robert-46n, would undertake to say it), that ,
proper committee rwere appointed to look into and assist
the affair:: of Greeee; the stun of 18,000/. woldd be Mune,-
diatell; placed at their disposal. it would he useless noN.
to Verde time in lamenting what, had beeit done smell
better to exert themselves ut endeavouring to give icoilet,.
'nem where yet it might be useful, With this view he
*houlti move—

" That this meeting, viewing. with alarm the delays which
have taken place in forwarding Aasistanft to the Greek patriots,
-deem it met:essay to appoint a emnmittee to inquire into the
utmes Whiah have led to such delays, end also to inquire as to the
application of the Nat loan contracted for thelervice of the Greek
pepub,tic.!'
This Was !Seconded and carried unanimously.
After some desultory eonversatio», the following Gen-
tlemen were. named on the Committee—The Duke
Alherg,. Mr. Robertson, the Hon. Colonel Stanhope,
Mr. ilowring, Mr. I,oumula., Mr. J. Prevost, Mr.
Hald-
worth, M.4jor Cochrane, Mr. Bailey, and Mr; Hume, M.P.
The CIIAMMAN said that. Mr.-Homo was not in town,
and could not net.

'ln the nomination of the Committee, the mime of. Mr.
bike was mentioned, hut it was objected to on the ground
that be had been of the Committee end had also supplied a
steam-vessel. Mr. Bailey was then named in his stead.
It was ordered that this Committee should have power
to add to their numbers, and that there be a governor.
Mr. RoutmrsoN then moved " that this Committee be
authorized to confer with the contractors' for the Greek
and the late deputies (as to the application of the
loan), and to report us early as possible the result of their
, , •
This was seconded and carried unanimously. •
Mr. listt.tv. begged to observe on the part of:his friend
Mr. Galloway, that many reports bad gone abroad, as to
thOftrge, sums he had received, from the Greek loan, for
his %team-P*lomm,, somc,making it 130,00014 and others
Bti,ooo/.; but the feet we*, that for his four steapt-engines
of till horie power each, he had not yet received a penny
mere than 13,000/. lie would not say any more, than that
Mr. Gallowey
,would, in a proper time, be able to give a
!nest setisfactory answer 'teed- ;the. oduninies' which had
gait abroad respecting him. -
A Bondholder here asked, what was the nature of the
tiered in the steam-engines which
,eaused- the delay.?
Betiuw could not answer that ; but he understood
that in six weeks the, whole would he ready for sea.
The CHAIRMAN.was glad to hear the ,tion. Gentleman
come forward,: even though late in the day, to explain
that part which mimed to Mr. Galloway. He believed
Mr. Galloway to be a very respectable man, and that, the
principal causes of his failure were a want of capital, and
perhaps rot a sufficient: experience in that, part of his pr&
religion which. related to steam-engines.
IIowRING bore testimony to Mr. Galloway's eha-
racier a neon of strict integrity, and to his skill in his
prOfessiOn. These engines were constructed on a new
plan, but he believed the failure was altogether owing to
the want of capital,
Thanks. were now :voted to the :Chairman, who, in
making his acknowledgments for the honour, expressed a
hope, that such of the committee 04 were present would
not separate without making arrangements fur the imme-
diate commencement of the task imposed on them.
The meeting then broke

'Barrow, the tuarlootf a fittalWAY, RoBfiF.R.Y. AND Ai
.1. AT aloft-
nti."--On Thursday night /Mt, as Mr.
he W" attacked on theViing
re-
spectable achookeaster in this town, of Quit llama, was
home from Ilatton,upon-Invidl,
who set upon him with he' Le;
new road by throe irishinen,
bludgeons, and after knocking him down, and baiting him about
the head until he was rendered insensible, tobbeti hint nt his
watch, and all the money 414 he had about him. Theunfor-
tunate y (Mg 111A11 'Ryon the ground weltering in his blond until
one o'clock the following morning, before he (cowered to a ainse
of bit situation, a period of two hours. He then crawled lime
as well as he was able, and when be reached there his family
et:trolly' knew hint, so disfigured was he with dirt and blood;
his black silk stock, and the higher part of his shirt, were com-
P44lr. saturated with blood, and hr was so weak that he had
scarcely strength to toll of what had befallen him. Yesterday
ItioYitill 1140141911111) we given to the :police, but we tear there
will he lift ew..4r; titseie villains being detected, in consequence
of Mr. Barrow not being able to identify any of them. The
watch, 11,4wever might bring something to light, and when Mr.
Barrow AO have fully recovered from the efiecta of the brutal
treats it 4 fla.clipetuld. I •,ifooul Pro bably have a clearer recollection
offise • ' Male he has at present. I-II still lies in a
_ _• " Gazette.