The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-02-23

cradle increase, but considerable dminuton In the
The Of that dmnuton take 10 be this-the neces
stiles q NE small farmers have been @ great
that they have been compelled % sell Of their
farmers not retaining snncsnt breed 70 keep up me
cocn.csa With sS distress wScH moss
not DO overlooked on the present OCCASION VIZ that
Gently taken place from Ireandan emigration 90 exten-
stvs that nothing has ever approached an emigration,
e VIC n 9,, ,
eed the unhappy and desoiatns war 10 North America
!a::T s., . :@ :r.s g; many VIC .Is
selves and their families great misery while they are
:s:'s sss =: s :sssSs;ss K. * & R :;
hsar.)
The Anglo-Rebel Trade.
HISTORY or .. Q. PEARSON, OF HULL, JB1y.
DAVIS 1N0LIsH NAVAL AGENT, GIVEN ~ HIM
ssLV-rAB PROFITS AND LOSSES OF THE BLOCK
AIDE RUNN8Rs-vALuB OF THE PHIvATEHR RAP
Ccv.r o, BAxxsup.cy, LONDON, Feb. 8, 1894.
Before Mr.. Commissioner Gouburn.
me bankrupt, Zachariah Charles Pearson merchant
and shpowner Of London and Hull applied FOR an order Of
discharge An abstract Of the under this ggan
Mr.. Lawrance appeared behalf Of the assignees Mr.
Bagley and Mr. Llnkassr for creditors; Mr. 9. Lewis
Reference having been made TO the bankrupts expen
diture which was stated at for the four years
preceding 9t0pDaRe.
Tho bankrupt was examined, and in answer to Quss-
tons put to him by Mr.. Bagley, Said
began life IS sailor boy, and afterwards became
Amerchant and shpowner During the last year OF my
trading my gross expenditure was "a 800, which in-
was in partnership with Mr.. Coleman my brother 10.
law Mr. Coleman was interested In the business to the
extent q Az estimate was made In 1880
be 10 aourshng state. During the last two years Of
my trading It was an uniform course with to mort
n % n 0ooA ttnnvvN I'm
May, 1917 purchased from Messrs. Overend and
Quincy seven vessels for fSS,ooo. payable by in.
upon tho vessels security the payment OF the
purchase money In consequence OF the rise the rate
Of upon vessels bound to AMERICAN portsron
money freom Aessrs Overend Co.. for the purpose OF
meeting payments. AZ soon as II became known at
Loyds that the edoras Selling English vessels the
scale Of nsurances rapidly rose. In April 1892 pur.
chased from Aessrs. Overend Co. the Cumberland and
Ovsrsnd Co. slc oo in cash and s45 900 by bills. IL
APRIL 1882 Messrs Overend & Co. advanced me fS5 900
With S
TIE vessels bave been sold for very little have heard
ncutes Mr. Hail. another q the assigness supplied the
grmpowder consigned 10 America; Mr. westmoreland IN.
assignee, had sllitle intesest 10 the consignments
short. AL the asgnees OF my estate less
creditors voted IN The choice of sssienses Al tho lime Of
my stoppaee had balaace Of E126 70 the credit Of my
so - 80 ws "a s e give =
vepiencs. both 70 myself and aso 70 Mr. Briggs Mr..
Peass banker. Of Hull one my opposing creditors.
many others. deserted mo- No person moro envous
that vas not engaged IN sccommOdston Sin srsnssc.
osns one
before my stoppe saying that he was short q mensy
me to give him my acceptance which I'd aa upon the
security .of certain wine wsrrants. NY fa,hss,in,
law M Coleman raft stssrrssd, advanced N: SlsS
my creditors. obtained this advance in order that
aga Ny balance sheet shows that owe large sums TO
the captains or the Modern Greece, CrcassiaS Anne,
America During the four months cmsdaisy preceding
my stoppage my 1sSswals Of bills amounted to a,s2 600
have engaged IN connection with tho Rappahan-
mock as agent for my brother In law Mr. Coleman, Of
Mr. @. T. Lewis objected 70 this evidence BE said that
criminal proceedings In reference to the Rappahannock
Mr. Commissioners Gouburn said II was very important
that the creditors should know whether the transaction
was that OF the bankrupt or OF Messrs Coleman Co.
The bankrupt coutnued--Coleman 4 Co. purchased the
Victor afterwards named the Rappahannock, from her
Majestys government Coleman Co. Afterwards desired
me to sell the vessel went TO Paris and negotiated
sale with French house.
Mr. bagey tnen asked the name OF the mousse 70 Wnom
the sale WAS Effected.
Mr.. Lewis again Directing, animated discussion en-
sued as TO the proprety OF the question
Mr. Commissioner 0oulburn ultimately decided IN IA
OF the objection, and the question WINS not pressed
The bankrupt's exaninaton continued shared com
mission with Messrs. Coleman Co. upon the sale o the
Rappahannock. Tho vessel realized els COO l.,
Mr.. Bagley-l win Just AJAX you, before conclude,
whether some years seo made donation OF 81 900
towards the erection Of chapel ~ Hull.
The bankrupt did
Examined BY M. Lswis-Once was sheriff OF the
borough Of Hull. aud twice have filled the Office OF
mayor. forty two years Of age. During seven
months Of the year 1852 lest fl20 600 day Ia
June receive cd information OF the loss Of three vessels
From the Times learnt that OF my ships 1.-THE indian
Emprc lad beenburnt 10 the waters edge In the Thames
BY the Modern Greece lost 100000 and by the Patras
els 900. all In the same day. Ny aggregate loss by
these vessels ESQ 000 During the year 1852 six Of
my vessels captured BY federal cruisers. des
patched my ships 70 the American ports upon the faith
OF the proclamation by President Lincoln had pre-.
viousy asceraned that other persons had realized
siderable pronts from similar iranssctonsin some In
stances the profits would be 800 400 per cent
had any transactions with Messrs Pease Co. my
opposing creditors They wore merely the endorses Of
bills given 10 Mr. Briggs.
BY Mr. BagIey-1 was congratulated BY some OF my
creditors upon the successful running OF the blockade by
the settin but the news did not provo 10 DO "a
laugh.)
The evidence OF the bankrupt having closed and II be.
ing O'clock the further hearing adjourned until
Friday next at eleven O'Clock.