The Sun.
London, England, 1842-10-11 00:00:00

THE SUN, LONDON, TUESDAY EVENING, OCTOBER ii, 1842.

must not say what I know, but only what has been
sworn to by witnesses before the Commissioners.
" William Morgan himself states, that he was a
member of the Stock Exchange ; that in 1835 he be-
came a defaulter ; that he was waited upon by mem-
bers, who- aarged him not to think of defaulting, and
told him they would take his notes of hand : he an-
swered No ! I shall stop at home and realize my
property I have paid so much in the Stock Ex-
change that lam tired of it. They said, Let us in-
troduce Edward. I said, You may do as you please.'
"Mariner also had been a member of the Stock
Exchange, and had left. He was not asked the
reasons, tend he did not think proper to give them.
Before and during the transactions, he was filling the
humble and ill-paid situation of Secretary to the
Brazilian
ommMainnding Company. This was not
credit ; and Mariner, not
appear by name in the Exchequer-bills
choosing
posit:o toi
soagi
01
nßt
or
taoz
negotiations, had these transactions conducted by
Francis de Berkem, dividing the profits between them.
"F. de Berkem's father, who had failed in busi-
ness as a merchant, was soon after admitted as a
broker on the Stock Exchange. After the panic of
1825, the son, when very young, was sent out as
confidential cleik to Mr. Oxenford, then the ma-
naging director of a mine in Brazil, and now one of
the Directors of the Commercial Bank of London.
Afterwards, De Berkem left his situation, to become
a principal, and had a mine of his own ; but it did
not answer, and he returned to England. In 1836,
he became a member of the Stock Exchange, and
stood in second or third-rate credit. His general
character was, that he was very seldom sober.'"
The following is the account given of Louis
Napoleon's enterprise, from which it would appear
that he was the dupe of the stock-jobbers :
" The speculations in companies having again
proved unprofitable, Solari was easily persuaded by
Rapallo to limit their operations to jobbing in the
public securities, and, in the meanwhile, to take such
measures as would insure better chances than before.
The,basis of their operations continued to be the po-
litical events on the Continent. During their former
enterprise, no important event would occur. In order
not to be again disappointed in their expectations, they
resolved to prepare one ; not so paltry a One as would
affect the funds only to a fractitinal amount, but such
a one as might change the destinies of Europe and
convulse the Stock Exchange.
" The wise policy of the French Government
assisted them in the execution of their projects. In-
stead of leaving Louis Napoleon alone amongst the
poor Switzerlanders, where he could do comparatively
nothing, and where he perhaps would have 'recovered
from his fits of ambition, the French statesmen,
choosing to be afraid of the young man, threatened a
war with Switzerland, unless the Republic expelled
the nephew of Napoleon, who acted, in these circum-
stances like a sensible gentleman, and in order to
save his adopted country from an invasion, sought an
asylum in England.
The arrival of an avowed pretender in this
country was considered as a godsend by our specu-
lators. They soon contrived to be introduced to him,
and the plan of operations was settled in a very short
time ; the double object of the operators being to give
to Louis Napoleon an imperial crown, and to reap
for themselves a golden harvest of millions of English
sovereigns. They would not be satisfied with less,
besides the honour and glory of the achievement.
" Before sending the future emperor on his dynastic
journey, it was necessary to prepare public opinion
for the change, to unite the Bonapartist party, and to
provide an organ for the furtherance of their interests
and their principles. A newspaper was started in
Paris for that purpose, in the spring of 1839, under
the title of Le Capitole. One M. Bonnet, whom Ra-
pallo calls his friend, was the cashier of that paper ;
and, if all the accounts of Solari and Rapallo were
produced, there would be found abundant proof that
the proceeds of a portion of the Exchequer bills were
applied to the creation of the Capitole, and to its sup-
port during the whole period of its existence.
" One year was consumed in this preliminary at-
tempt of invasion on public opinion, preparatory to
the actual invasion of the territory of France; and, at

the end of thaTiirne, it was discovered that only a
very small number of the French had rallied round
the Capitole ; that, whatever might be the causes, its
advocacy of the* Idees Napoleoniennes* did not obtain
the anticipated success, and that the assistance of
another newspaper was requisite. The party, there-
fore, bargained for the Journal du Commerce, then the
property of M. Nauguin, the deputy, and counsel (in
Paris) Of the French Asphaltum and Patent Coal
Company, as I have before stated. The price paid,
according to my authorities, was 14,0001. sterling.
Here, again,' the accounts of Solari and Rapallo would
prove that part of the proceeds of the Exchequer .bills
were invested in the purcliase.t
" The success of the grand enterprise now appeared
so certain, that they began to prepare for their ex-
pedition ; and it was reported in Paris, towards the
end of June, that every thing was ready in London
and that the lauding of the pretender Might be daily
expected.
" The treaty of the 29th of July, 1840, and the irri-
tation which it produced in France, seemed to furnish
a most favourable opportunity. Time bargains in
the French and other funds being duly made, Louis
Napoleon was expedited; and, on the oth of August,
he landed, visited the Imperial column, and, soon
after entering Boulogne, was led a prisoner into the
Citadelle.
44, The expenses of this expedition, which were con-
siderable, were also paid with the proceeds of the
Exchequer bills, as would appear from the accounts
of Solari and Rapallo, if those accounts were pro-
duced ; and, even without them, there is sufficient
evidence of- the fact, in the accounts of other
parties. From the 23d to the 31st of June,
Solari obtained loans on Exchequer bills, as
follows :—from Price and Co., 12,000/. ; from-Ran-
som, 6,000/. ; from Morgan, 10,000/. ; from Mariner,
23,6001. On the 23d of June, Solari withdrew from
Ransom and Co. 3,900 French Napoleons, which he
had deposited with them eight days before, and a
partion of those Napoleons were found on board the
Edinburgh Castle, when taken possession of by the
French authorities.

"As to the personal participation of Rapallo, it is
admitted by all parties, as well as by himself, that he
engaged the ship from John Harman, the acting
Director of the Commercial Steam Packet Company,
and his co-Director in four Companies ! ! Rapallo
admits that he 'used to receive money for Louis
Napoleon, and that he lost immensely through his
failure.' ''•

The author contends very earnestly, and shows
some reason for his opinion, that the Govern-
ment is neither morally nor legally responsible
to the parties holding the forged Exchequer
bills, and that it ought not to pay them. They
ought, he affirms, to have acted with more cau-
tion. He insists that the parties holding the
bills ought to have sought their remedy by suing
those from whom they received them, and that,
if this had been done as soon as the fraud was
discovered, a• great portion of the property ac-
quired by the deposit of the forged bills, would
have been recovered. It is certainly a curious
matter, worthy of inquiry, what became of the
proceeds of the bills? Somebody must have
profited by the forgery; and the public would
like to know who that somebody is. Three
hundred thousand pounds cannot easily be lost
sight of; and the present possessors of the
money, for which the Exchequer bills were
deposited, should be signalised. An immense
forgery' haebeen perpetrated, and nobody knows
who benefited by the guilt. is Rapallo a rich
man ? Is Mrs. Solari a lady of great wealth ?
Or have the gentlemen of the Foreign Stock
Exchange been
guilt?
* The title of a the better for Mr. Rapallo's
about, the ti me. volume published by Louis Napoleon

the agency of nis
t The libeia.l and anti-English M. Mauguin, through
chased this Journal for 5,000/. sterling.
secretary, the p, esPnt Editor, re-pur-

PRICE. OF BUTCHER'S MEAT.—Beef from • Ham-
burgh was exposed for sale in our market on Satur-
day. It was- very fine, and attracted general atten-
tion. Choice cuts of foreign as well as of domestie
beef were eightpence per
pound, or, with boiling
pieces, sevenpence ; so that, as far as fresh meat is
concerned,
Prices have not, through the operation of
the tariff, declined materially in the Liverpool market.
—Liverpool Albion.
..TRADE.--This. .
-Week remains without any altera-
tion. The supplies of yarns, especially the common
kinds, are Very limited, and no extensive sales have
been 'effected, and prices for these sorts are fully
Maintained at our quotations. Linens are moving
off slowly at
number this week. One
from Narva, two from Memel,' and one from Konigs-
afir
freewtlilnat will .barely remunerate.
n
Arrivals,
berg. The Flax and Codillas are of excellent qualities.
The Jute Hemp
market appears to be improving, and
sales of 1,850 bales of good quality have been made at
Liverpool, at 141. 10s. ; best, 151. lis. But from
accounts received from India, that arrivals from
Calcutta will not be heavy this month; in come- '
quence, holders will not be disposed to sell.—Dundee
Herald.

BOROUGII or SOUTHWARK.--Thomas Brandon
Brett and William Vizard, Esq., the barristers ap-
pointed to revise the lists of voters for the town and
borough of Southwark, held a Court for the registra-
tion of claimants entitled to vote, at the Town-hall,
yesterday.
one in Christchurch and ten in the parish of St.
Claims were made in only two parishes—
George the Martyr. None of them involved points
of any interest.
. .
A LARGE ADDER.--On ,Sunday morning last an
adder was liilled at Hookstone Cragg, near Harrow-
gate, which in length Measured four feet eleven inches,
and was seven inches in circumference. The reptile's
stomach contained' four birds of the linnet species,
threefield mice, a weasel, and a toad