New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-05-16

water,rsof Brick and Tile aud Common BRICK aud
T,e Cdmpsny the Wardle Water Works COmpa-
nv. a Land Company, Dock Company-in one
vord companies for all the four clements. Ga the
oaeston OF Mr.. Linkatcr, the solicitor for the as
sispees as 10 what had become Of all these compa-
ses, Brown pertineoty answered, They are de-
faEet, so far as this" His account with the Brhsh
Bank, which began with GIS las. paid in 70 his
credit, ended in f77,000 standing 10 bIs
debit. All these advances were made through Mr.
Cameron, without the consent Of the " other d.
feetors being asked for "Thc executive officer
"of the Company, :" says Mr.. Brown, "i- the person
Through whom an tho business il done. Such was
"the practice of this Bank, and, he adds docto-
Hlly, "a very wholesome one IL 49, lie truih
seems 10 be, that the whole concern governors
directors, managers, solicitors and accountants,
we're, after preconcerted plan, playing into each
stler's hands and that every affected to ignore
The share OF the booty accrIing to each part
ncr. Az Mr.. Brown is not very far from mo-
maSnp that as a Director Of the Bank, he
was hardly aware of his OWN dOings as It's Gus
toner. As 10 the customers not belonging 10
tle managing staff Mr. Brown seems, during
his examination still TO labor under the painful in-
preston that some of them dared encroaeh upon the
airectoria irsJHunites. Thus he declares in respect
10 Mr. Oliver: " | have 10 hesitation in saying
"OTyer swndlcd the Bank out Of SO, 600. IL IS
IA very strong term 10 use, but have no doubt
"about IFS correctness. He was a swindier. On
Mr.. Linklater's asking What were you ! he
sompOsedly replies Unfortunately director much
IN the dark" All his answers 90 this same calm
way. The ridiculous disproportiOn, Tor instance,
between his deposits and his discounts, gives occa-
sion for the following curious dialogue between him.
self and Mr.. Linklater:
Mr.. Link lateI-Was it not one Of the regular terms
Of the business of the Bank, that lie person should
have discount account who had not also drawing
account: and on the drawing account there should
always be kept balance Of fourth of the bills
current upon your discount
TEN, as they tod me.
Mr.. Linkater-lt was system that you dld not
adopt
Mr.. Brown did not, because it was unsouna.
Whenever Mr.. Brown cOndescendcd Ia tender Sc
surties to the Bank they consisted of notes of hand,
or Of ships which he took good at the same time
10 have mOrtgaged TO other people as he generally
suite freely disposed of the securities, by what the
Commissioner had the hardihOod to call most '1raud-
ulcnt transactions" On the first OF March, lc16,
Mr. Brown had virtually closed his account with the
Bank; that is TO say the Board Of Directors had de-
sided upon no longer allowing him to run up his
debts. Yet, on the 9Th Of June, We find him again
getting q ,G20 out of it, To Mr.. Lnklater's ques-
tiOn "by what hOcus-pOcus he had managed that al
fair I" he cOOlly replies, There was no difficulty
From the following letter, addressed by him to
his bosom friend Mr.. Cameron, may be Inferred
ms general OPINION ABOUT inc stoTul vi HdSlduon
the Royal British Bank disclosures reused i'll the
public press:
"LITTLE SMITH STREET, WESTMINSTER, Oct. D, 1855.
"DEAR Nh. CAMERoN: Not knowing your where
abouts at the time take the chance of sending this
through some member Of your family. As sorry news
travels fast conclude you stranger to the vitu
peration heaped upon in all the papers both great
and small myself and you having the lions share.
have some reason for believing that the very violent
articles in The Times have been instgated by one OF
two Of our associates, through the accountant. am
quite in ignorance Of what is going on except through
the public reports, the reading OF which makes me al
most conclude that no one eyerowed bank any money
before and that all former intimatiOns made in
error and that the whole wrath Of THE Times was
served for our individual injury. | have not
seen any other directors since the Bank stopped which
Eas buDgling piece Of work. Yours truly,
"HUMPHREY BROWN"
As if"no one ever owed bank any money be-
fore ~ Mr.. Brown apparently considers all the
moral Indignation wasH on him and his associates
as mere conventional cAzt. Each thing 8 theft
So says TimOn, and go Mr.. Brown, and seems per-
suaded, in the depth of his SOUL that every member
of what is called respectable society says 80. Tho
only important thing Is to be no petty thief.