Of course the arrest of Rochette created an immense sensation, and equally of course it occasioned the downfall of the shares of the companies in which he was interested. But while these shares tumbled headlong, an immense wave of public indignation swelled against the financier’s arrest, for so far from finding empty coffers at the offices of the Crédit Minier, the authorities admitted that there were, in cash, £240,000 at this office, and £160,000 more at the Banque Franco-Espagnole, a sister enterprise of Rochette’s. Rochette had been arrested and sent to the Santé prison on Monday, March 23, 1908. On Wednesday he wrote a letter to the examining magistrate, Monsieur Berr, in which he protested with some appearance of justice against his arrest and the situation created by it for the shareholders of his companies. “It is my duty,” wrote Monsieur Rochette, “to declare that on the day of my arrest I left the industrial and financial companies under my control in an excellent situation. There were about £240,000 in cash in the safe of the Crédit Minier, and £160,000 in the safe of the Banque Franco-Espagnole. This makes a total of £400,000. If I were a malefactor, as attempts are being made to prove me, it would have been easy for me to get out of my difficulties. I was advised from all sides of the intrigues which were in course against me under the leadership of a few men who considered that the growing prosperity of my companies threatened the enterprises of which they were at the head. It was these men who put up the plaintiff Pichereau. It was these men who managed to get you to take action, and who are really responsible for the exceptional measures which have been taken against me and the establishments which I control. You have put me in prison, sir, and you have refused to allow me to communicate with anybody except yourself outside the prison. You have given orders for the dismissal of all the clerks of the Crédit Minier and the Banque Franco-Espagnole. You have closed these establishments. You have given orders for the closing of all the provincial branches. You have struck a terrible blow at these companies, without having heard what I have to say, without having questioned me, without any preliminary examination by accountants of the financial condition of my banks, without the slightest concern for the shareholders or the other people interested. Do you know of any bank, of any financial institution however powerful that would be capable of withstanding such a blow? And for whom, why, on whose account, have you done all this? For Pichereau! On account of one single plaintiff at whose request a judicial examination was ordered, and of whom after four days imprisonment I know nothing at all, for I know neither the man himself nor the charge he has made against me.”