Since the partners of the Berners Street Bank were censured for gross negligence in two courts of law, it is not surprising that their creditors should have treated them with intolerance. At first the public had regarded them as unfortunate dupes, and it was not until Fauntleroy had made his defence that a popular outcry arose. It seemed incredible that three men of the world should have thrown the heavy burden of managing a firm, weighed down by embarrassments, upon the shoulders of a youth of twenty-two, and equally preposterous that, in the face of losses reaching into hundreds of thousands, the young man’s colleagues should have remained easy, trusting, asleep. Yet, in spite of the onslaught of the London press, and the clamour of the noisy creditors, headed by Joseph Parkins and his fellows, beneath the roof of the ‘Boar and Castle’ and the ‘Freemasons’ Tavern,’ it is certain that Messrs Marsh, Stracey & Graham were innocent of all guilty complicity in their partner’s frauds. The statements that had aroused the storm against them proved to be baseless or exaggerated. It has been shown that the Berners Street Bank did not lose £270,000 in building speculations between 1810 and 1816, as Fauntleroy suggested, and to meet the loss that did occur a large sum was raised by the supporters of the firm, to which William Marsh contributed £40,000. Thus, considering the reticence of their manager, there was good reason why the partners should believe that they had weathered the financial panic which brought to ruin so many of their contemporaries. Modern commerce estimates more accurately the value of youth than the age of Mr Walter the Second; and as young Fauntleroy, who was one of the smartest bank managers in London, accepted his responsibilities with zest and cheerfulness, it is not surprising that he became the autocrat of the firm. Moreover, the juggler who could deceive the clerks working at his elbow day by day would have no difficulty in satisfying the periodical curiosity of sleeping-partners. Fat profits rolled into their coffers, and, like many another good easy man, they did not pause to look a gift horse in the mouth. Fools they were, and must remain, but in the end the world ceased to suspect their honour. Still, their credulity was remarkable. All three of them appear to have been the instruments of most of the frauds, attending at the Bank of England to make the transfer under the forged powers of attorney, and instructing brokers to dispose of the stolen stocks and bonds. In one particular, however, the conduct of Marsh and Stracey appeared dubious. On the day of Fauntleroy’s arrest the daughter of the former cashed a cheque for £5000, while the latter drew out over £4000 in the name of his father. The trick was discovered, and restitution made to the creditors. [Sidenote: The Bank of England’s claim.]