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That he was desired to sell them for the first account day in cash, but not to sell them for money; that he was surprised to find that Lord Cochrane and Mr. Eutt had taken an office for him (Fearn) in Shorter'scourt, Throgmorton-street, without his knowledge, where they used to meet him, and give their orders.
Mr. Pitches (another broker) evidence was next read: it stated that he was too ill to attend ; but to a Mr. Wakefield, one of the Committee, who waited on him, he declared that he had sold for Lord Cochrane, Cochrane Johnstone, and Mr. Butt, about 565,000/. Omnium.
A Mr. Small bones, another bro. ker, had sold 40,000!. Omnium for Lord Cochrane, and 40,000l. for Mr. Batt.
A Mr. Richardson, a bookseller, had been applied to, to sell for the above parties a very large sum, but refused, on account of his not being willing to be responsible for such a
Mr. Christian, clerk to Mr. Fearn, the stock-broker, unwillingly at first, but afterwards confessed, that he had changed a 501. note, obtained by a check of 751. of Mr. Fearn's, on Messrs. Bond, the bankers, for one-pound notes, on Saturday, the 19th of February, four of which one-pound notes were paid away by Colonel Du Bourgh. When further interrogated, he said the notes obtained for the 751. check of Fearn's, was on account of Mr. Butt.
Mr. Sandon, of Northfleet, one of the persons who came from Northfleet in the post-chaise, had appeared before the Committee, and given them some information, but protested his innocence, as to being concerned in the fraud.
A Mr. M'Rae, it seemed, was a distressed person, who had, previous to the plan taking place, mentioned that such a scheme might be done.
A variety of other matter came forth, which we have not room to state; after which,
Mr. Spicer moved the thanks of the Stock Exchange to the Subcommittee, for their great exertions and zeal in endeavouring to trace
this foul transaction, which was carried unanimously.
Mr. David Ricardo then, in a very animated speech, stated, that the Stock Exchange generally laboured under all the opprobrium of any foul transaction, when in fact they were the chief persons injured by such nefarious practices. He thought the investigation could not be made too public, as it might operate so as to deter any other desperate characters from trying similar attempts. He therefore moved that the whole of the Report might be printed; which motion was seconded by Mr. Bish, and carried unanimously.
Mr. Lawrence then stated, that he was in hopes the whole might be printed, so as to give every member a copy by to-morrow.
Having obtained leave of absence to come to town, in consequence of scandalous paragraphs in the public papers; and, in consequence, having learnt that hand-bills had been affixed in the streets, in which, I have since seen, it is asserted that a person came to my house, at No. 13, Green-street, on the 21st day of February, in open day, and in the dress in which he had committed a fraud, I feel it due to myself to make the following deposition, that the public may know the truth relative to the only person seen by me in military uniform at my house on that day. COCHRANE.
13, Green-street, March 11, 1814.
No. 13, Green-street, Grosvenor
square, March 11, 1814. I, Sir Thomas Cochrane, commonly called Lord Cochrane, having been appointed by the Lords Commissioners of the Admiralty to active service (at the request, I believe, of Sir Alexander Cochrane) when I had no expectatien of being called on, I obtained leave of absence to settle my private affairs previous to quitting this country, and chiefly with a view to lodge a specification to a patent relative to a discovery for increasing the intensity of light.
That in pursuance of my daily
practice of superintending work that was executing for me, and knowing that my uncle, Mr. Cochrane Johnstone, went to the city every morning in a coach,' I do swear, that on the morning of the 21st of February, which day was impressed on my mind by circumstances which afterwards occurred, I breakfasted with him at his residence in Cumberland-street, about, half-past eight o'clock, and I was put down by him (and Mr. Butt was in the coach) on Snow-bill, about ten o'clock.
That I had been about threequarters of an hour at Mr. King's manufactory, at No. 1, Cock-lane, when I received a few lines on a small bit of paper, requesting me to come immediately to my house; the name affixed, from being written close to the bottom, I could not read. The servant told me it was from an army officer; and concluding that he might be an officer from Spain, and that some accident had befallen to my brother, I hastened back, and I found Captain Berenger, who, in great seeming uneasiness, made many apologies for the freedom he had used, which nothing but the distressed state of his mind, arising from difficulties, could have induced him to do. All his prospects, he said, had failed, and his last hope had vanished, of obtaining an appointment in America. He was unpleasantly circumstanced on account of a sum which he could not pay; and, if he could, that others would fall upon him for full 30001. He had no hope of benefitting his creditors in his present situation, or of assisting himself; that if I would take him with me, he would immediately go on board and exercise the sharpshooters (which plan Sir Alexander Cochrane, I knew, had approved of); that he had left his lodgings, and prepared himself in the best way his means allowed; he had brought the sword with him which had been his father's and to that, and to Sir Alexander, he would trust for obtaining an honourable appointment.
I felt very uneasy at the distress he was in, and knowing him to be a man of great talent and science,
I told him I would do every thing in my power to relieve him; but as to his going immediately to the Tonnant, with any comfort to himself, it was quite impossible; my cabin was without furniture: I had not even a servant on board. He said he would willingly mess any where. I told him that the wardroom was already crowded; and, besides, I could not with propriety take him, he being a foreigner, without leave from the Admiralty. He seemed greatly hurt at this, and recalled to my recollection certificates which he had formerly shewn me, from persons in official situations. Lord Yarmouth, General Jenkinson, and Mr. Reeves, I think, were amongst the number. I recommended him to use his endeavour to get them, or any other friends, to exert their influence, for I had none; adding, that when the Tonnant went to Portsmouth I should be happy to receive him; and I knew from Sir A. Cochrane, he would be pleased if he accomplished that object. Captain Berenger said, not anticipating any objection on my part, from the conversation he had formerly had with me, he had come away with the intention to go on board, and make himself useful in his military capacity; he could not go to Lord Yarmouth, or to any other of his friends in this dress (alluding to that which he had on) or return to his lodgings, where it would excite suspicion (as he was at that time in the Rules of the King's Bench); but that, if I refused to let him join the ship now, he would do so at Portsmouth. Under present circumstances, however, he must use a great liberty, and request the favour of me to lend him a hat to wear instead of his mi
litary cap: I gave him one which was in a back room with some things that had not been packed up. and having tried it on, his uniform appeared under his great coat; I therefore offered him a black coat that was laying on a chair, and which I did not intend to take with me: he put up his uniform in a towel, and shortly afterwards went away in great apparent uneasiness of mind; and having asked my
leave, he took the coach I came in, and which I had forgotten to discharge in the haste I was in.
I do further depose, that the above conversation is the substance of all that passed with Captain Berenger, which, from the circumstances attending it, was strongly impressed upon my mind: that no other person in uniform was seen by me at my house, on Monday, the 21st of February, though possibly other officers may have called (as many have done since my appointment); of this, however, I cannot speak of my own knowledge, having been almost constantly from home, arranging my private affairs. I have understood, that many persons have called under the above circumstances, and have written notes in the parlour, and others who have waited there in expectation of seeing me, and then gone away; but I most positively swear, that I never saw any person at my house resembling the description, and in the dress stated in the printed advertisement of the members of the Stock Exchange. I further aver, that I had no concern, directly or indirectly, in the late imposition; and that the above is all that I know relative to any person who came to my house in uniform on the 21st day of February before alluded to,Captain Berenger wore a grey great coat, a green uniform, and a military cap.
From the manner in which my character has been attempted to be defamed, it is indispensably necessary to state, that my connection in any way with the funds arose from an impression, that in the present favourable aspect of affairs it was only necessary to hold Stock, in order to become a gainer, without prejudice to any body; that I did
so openly, considering it in no degree improper, far less dishonourable; that I had no secret information of any kind; and that had my expectation of the success of affairs been disappointed, I should have been the only sufferer.
Further I do most solemnly swear, that the whole of the Omnium on account which I possessed on the twenty-first day of February, one thousand eight bundred and fourteen, amounted to one hundred and thirty-nine thousand pounds, which I bought by Mr. Fearn (I think) on the twelfth instant, at a premium of twenty-eight and a quarter: that I did not hold on that day any other sum on account, in any other Stock, directly or indirectly; and that I had given orders, when it was bought, to dispose of it on a rise of one per cent, and it was actually sold on an average of twenty-nine and a half premium, though on the day of the fraud it might have been disposed of at thirty-three and an half. I further swear, that the above is the only stock which I sold of any kind on the 21st of February, except two thousand pounds in money which I had occasion for, the profit on which was about ten pounds.
Further I do solemnly depose, that I had no connection or dealing with any one, save as above-mentioned; and that I did not at any time, directly or indirectly, by myself, or by any other, take or procure any office or apartment for any broker, or other person, for the transaction of stock affairs.
Sworn at my house in Great Queen-street, Lincoln's-inn-fields, in the County of Middlesex, the 11th day of March, 1814, before me, A. GRAHAM.
INDEX TO VOL. I.
ADDRESS to the Hanoverians
Advice to a Young Lady on the Economy of her House
Anecdotes of the Ton
Anthony Lukewarm to Lord P-t-rsh-m
Arable, Francis, on Country Morals
and his Nobility
Baldwin's Petition against Imprisonment for Debt
2, 82, 154, 234, 314, 394