had been confined to L20,000 on the Saturday?

_A._ Not exactly to L20,000; if I saw an opportunity of selling any at a
quarter profit I was to sell.

_Q._ When you saw him on the Monday, did he then order you to sell the
remainder?

_A._ Yes.

_Q._ Did you sell it immediately.

_A._ As soon as an opportunity offered to sell it at a profit.

_Q._ Was that early in the day?

_A._ Yes, about eleven I believe.

_Q._ When was it that you first heard any rumour of good news in the
morning?

_A._ Soon after the market opened, between ten and eleven.

_Q._ You say you had purchased L40,000 for Mr. Butt?

_A._ Yes.

_Q._ When was that?

_A._ The 12th, 14th, and 18th of February.

_Q._ Different sums on those days?

_A._ Yes.

_Q._ Had you any order from Mr. Butt as to the sales?

_A._ To sell whenever I saw an opportunity of selling at a quarter
profit, or three eighths as the circumstances might allow.

_Q._ How long have you known Mr. Butt?

_A._ About six months.

_Q._ Had you had any transactions with him before in that way?

_A._ Yes.

_Q._ He had occasionally employed you?

_A._ Yes, he had.

_Q._ Who introduced you to Mr. Johnstone?

_A._ Mr. Johnstone was in Mr. Butt's office when I first saw him there
in Sweeting's Alley.

_Q._ It was through Mr. Butt you became acquainted with Mr. Johnstone?

_A._ Yes, it was.

_Q._ If any person had known that this news was false, and had been
disposed to be a bear, he might have made his fortune by selling that
day, might not he?

_A._ Certainly.

_Q._ By selling for account?

_A._ Certainly.

_Q._ You had no directions from either of those Gentlemen to sell more
than they had bought that day?

_A._ No I had not.

_Cross-examined by Mr. Richardson._

_Q._ You stated to my learned Friend that you had bought large
quantities of Omnium on account of this Gentleman, had any of it been
paid for.

_A._ Shall I answer that question my Lord?

_Lord Ellenborough._ If the Witness looks at me I must tell him he need
not answer any question that implicates him in a crime.

_Mr. Richardson._ You decline answering that question?

_A._ Yes, I do.

_Q._ You will decline answering any other questions that you think
implicate yourself.--Were any of those purchases real purchases for
stock transferred, or on account?

_A._ It was for Omnium--that cannot be transferred.

_Q._ You spoke of Consols?

_A._ No this was Omnium.

_Q._ Was