am, Sir,
Your obedient servant,
_A. Cochrane Johnstone_."
To Mr. Charles Laurence,
Chairman of the Committee
of the Stock Exchange.
[_Mr. Gurney to Mr. Fearn._]
_Q._ Look at the address of that letter [_shewing a letter to the
witness_] is that address Mr. Cochrane Johnstone's hand-writing?
_A._ I believe it to be so.
[_The letter was read as follows._]
"To the Committee of the Stock Exchange.
No. 18, Great Cumberland-street,
14 March 1814.
As the report of the Stock Exchange Committee conveys an idea
to the public, that they estimated delinquency by the enormous
profits which accrued to Lord Cochrane, Mr. Butt, and myself,
on the sale of Stock upon the 21st day of February, and as the
public prints have estimated the gains, some at 100,000_l._
others at 75,000_l._ and none under 30,000_l._ I pledge myself
to prove that the whole profits are as follow; viz.
Lord Cochrane L.1,700.
Mr. Butt 1,300.
Mr. Cochrane Johnstone 3,500.
If the Committee had acted impartially, they would have
published a statement of all the purchases and sales effected
by every broker on that day, with the names of the parties,
that the Public might have drawn their conclusions. To obviate
this omission on the part of the Committee, I am preparing for
the press a correct statement of all sums bought for the
parties before-mentioned, together with the names of those
from whom the Stock was procured, and to whom sold; whereby it
will be seen, who were the purchasers at an early hour on the
21st day of February.
_A. Cochrane Johnstone._"
Charles Laurence, Esq.
Chairman of the Committee of the Stock Exchange.
_Mr. Gurney._ I apply that to the memorandum I before read, by which it
appears that he states his own gains and Mr. Butt's to be L.4,800.
subtracting Lord Cochrane's; the whole is L.6,500.
_Edward Wharmby called again;_
_Examined by Mr. Gurney._
_Q._ On what day in February did you pay that check? [_shewing it to the
witness._]
_A._ The 19th of February.
_Mr. Serjeant Best._ Is that entry in the book your own hand-writing?
_A._ It is.
_Mr. Gurney._ In what Bank notes did you pay it?
_A._ In
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