Star.
London, England, 1814-03-14 00:00:00

rroCK EXCH/INGE.

•
On Saturday. afternoon, at half psi three o'clock,
the Chairman of the Sub Committee of the Stock E.
change, appointed to inquire into the late fraud, called
the attention of the whole houie to take into consider-
ation what had been proposed in the Commit e: relative
to the mode of settling of such bargains as appeared
to be done for persons suspected of being privy to the
Fraud. .

Mi. DAVID RICARDO stated, that it Was a very de.
licate subject to touch on, as he always was of opiniois
that all bargains done in that house Should be strictly
abided by ; that he was against annulling any bargain,
on any account; as such, what he bad to propose was,
that every bargain made on the 21st February (the day
the fraud took place) should be settled and fulfilled,
but at the same tim`e; he trusted, that it was the mptni,m
of every honest man; that the authors of the fraud (if
possible) should be prevented from benefiting by their
deep laid villainy—and to shew that the Stock Ei-
change had no wish to skreen themselves from the
sums they had been defrauded of, he was for having
the balances.due to the suspected parties paid into
the Bank of England, in the names of three or tour
respectable persons, there to be held id trust, and
paid to such parties as clearly .should establish a fair
claim and prove their innocence ; bet if at the end Of
six months persons should not have been able so to
do, then that the balance so withheld should be Nil
to some public Charity or Charities, totally uncon-
nected with the Stock Exchange. He held in his.
hand, he said, a string of Resolutions, which, he said;
he would read; and, afterwards, if agreeable, he would
move them singly. He accordingly read them. They
stated,
That it apreatei that Mr. (earn, Mr. Hltchens, Mr. Stnall-
bone, and Mr. J.Richa7,lso9, brok rb, did, on tEe yist February,
transact bushiess to a considerable amount for petsons suspected
of being'privy to the fraud.
'that the Committee for General Purposes be instructed to
investigate the books of those four btokers, and report their
opinion.
That the balances due on those suspected accounts be paid
into the hark of England, to abide the event of the parties proves
big their innocer'.'te ; and in default of such proof being given
withiti• six mouths, then the sums to be paid to some public
charity, &c. &e.
Mr. HANCOCK concurred in the general sentiikeni
expressed in the Resolutions, but thought it would
be more decorous and'prudent not to pass them Mr?),
when some persons' minds might be supposed to be
inflamed, but to let the Resolutions be fairly van'.
scribed and placed in some conspcuons part (yf the
Stock Exchange, so that each Member might see them,
read them, and make up his mind before he voted.
Mr. Micas& then moved, as an amendment, that
the House should adjourn to three o'clock on Mon-
day, and then decide the question..
The motion was then put for Adjournaaent, and
carried unanimously.

TO THE EDITOR.
" No. IS, (heat Cumberland-street, March 12, 1814;
44 Sta.—Although the public Newspapers have of
late been filled with statements affecting my character,
originating ;rum the Members of the Stock Exchange
Committee, I have thought it to be navy duty to re-
main silent until the Report, daily promised from
that Committee, should he printed, and that I should
be put in possession of it. Having this day seen it by. •
accident, for it is only circulated among the,f
Body, although it was the bounden duty of the Com-
mittee, if they had been men of honour, to have sent
me a copy of it, I can no longer refrain from ptlblicly
contradicting the infamous and unfounded statements
contained in the said Report, which can be done upon
oath by the very Parties stated by the Committee to
have given them the information.
I have instructed my Solicitors immediately to
adopt those measures which my Counsel may deem
proper, in order that justice may be done to my cha-
racter, and to punish those who have dared to put
their names to the most unfounded statements which
malice could invent, and which they musttave known
to have been false at the moment they were affixing
their names to the Report. (Signed j
46 A. COCHRANE JOHNSTONE."
No. 18, Great Cumberland-street, March 14, 1814.
As the Report of the Stock Exchrige Committee conveys
an idea to the public that they estimated delinquency by the
erertemis profits which accrued to Lord COtil It AN t, Mr. BUTT,
and myself, on the sale of Stock upon the ;II st day of February,
and as the public prints have estimated the gains, some at
XlOO,OOO, others at 1t75,000, and none under 230,000,1 pledge
myself to prove that the whole Profits are as fdllow, vit.
Lord Cochrane - £l7OO
Mr. Butt £l3OO.
Mr. Cochrane Johnstone . X3SOO
If the Committee had sited itnpanially, they would have pub.
liaised a statement of all the purchases and sales effected by every
Broker on that day. with the Name, y the patties, that the public
might have drawn their eeirthisient. To obviate this omission on the
part of the Committee, 1 ant preparing for the Press a correct
statement of all Sams bought for the parties before-men.
tinned, together with the Names of those from whom the Stock
was procured, and to whom mid, vintager IT WILL se SPEW
Wmo WIRE Tut PURCEIASIRS AT AX lARLY 10aUR ON TUE
41sT DAT Of FEBRUARY. "A. COCHRAN Jou N5T0,11.."
44 SIR—As I have delayed replying to the infa.
mous and gross falsehoods circulated in the Public
Papers, defamatory to my character, relative to the
late fraud upon the Stock Exchange, until the Re-
port should make -its appearance from the Committ(
appointed to investigate the circumstances attending
the inquiry, and having to-day been favoured with
a perusal of it, I beg you to insert this letter in your
Paper immediately, in which I positively deny the
accaracy of the statement therein made, and the evi-
dence there declared can be denied upon oath by the
parties themselves, who have been stated by the Com-
mittee to have given the evidence so described.
44 My Solicitors have received orders from me h
scantly to commence a prosecution against the Com-
mittee of the Stock Exchange, for inserting falsehoods
as infamous and unfounded as ever appeared in publi-
cation. (Signed) " R. C. BUTT.
ibbston's Hotels Vaft.streats near Bind-street, March 12."