this indictment.

Gentlemen, there are some parts of this memorandum which I cannot
interpret; perhaps Mr. Cochrane Johnstone will give us the letter, and
that will supply the explanation. It begins, "To C. J. by March 1st,
1814, L350, L4 to 5000, assign one share of patent, and L1000 worth
shares of Mr. De Beaufain, at Messrs. H. to their care." Now comes the
important part; I should tell you, Gentlemen, that Lord Cochrane, Mr.
Cochrane Johnstone, and Mr. Butt, allege that their gains were not quite
so great as the Committee of the Stock Exchange estimate them to have
been. They say, that the gains of the three were but L6500, of which
Lord Cochrane's share was L1700, and Mr. Cochrane Johnstone's and Mr.
Butt's were L4800. Mr. Butt was the person who transacted the business,
being more a man of figures than the other two, and acting as their
agent, he had rendered his account to Mr. Cochrane Johnstone; and it
should seem as if Mr. De Berenger's compensation was a per centage upon
their gains, for he writes thus: "Believe, from my informant, L18,000,
instead of L4800;" he thinks their profit was four times as much as they
say; "Suspicious that Mr. B." who can that be except Mr. Butt? "does not
account correctly to him as well as me--determined not to be duped--no
restrictions as to secrecy, requesting early answer."

These are evidently the heads of a letter which he has written to Mr.
Cochrane Johnstone. There are other notes of letters to Mr. Tahourdin
and William Smith, giving directions, which plainly indicate that he was
a man quitting this country never to return.

Gentlemen, there were found I have told you, certain bank notes, and a
memorandum book, and you will find in this memorandum book there are the
figures 450 and 90 summed up together, making L540. You will find that
he must have received about that sum from Lord Cochrane, Mr. Cochrane
Johnstone, and Mr. Butt, he accounts here for the expenditure of a
considerable part of it, and as you go along with me, you shall be able
to account for it: so here is W. S. that is William Smith, L50, W. S.
again, L20 and so on, with names and sums altogether amounting to L163,
and then there is a statement of expences on his journey: he appears
from both to have had in his hands L540. From whom do you think he had
it? From his associates in this transaction, Lord Cochrane, Mr. Cochrane
Johnstone, and Mr. Butt; we have traced the notes up to every one of
them. I shall b