"My father established the banking-house in 1792, in conjunction with Mr. Marsh, and other gentlemen. Some of the partners retired in 1794, about which time a loss of 20,000_l._ was sustained. Here commenced the difficulties of the house. In 1796, Mr. Stracey and another gentleman came into the house with little or no augmentation of capital. In 1800 I became a clerk in the house, and continued so six years; and although during that time I received no salary, the firm were so well satisfied with my attention and zeal for the interest and welfare of the establishment, that I was handsomely rewarded by them. In 1807 my father died; I then succeeded him; at this time I was only twenty-two years of age, and the whole weight of an extensive, but needy, banking establishment devolved upon me; and I found the concern deeply involved in advances to builders and others, which had rendered a system of discounting necessary, which we were obliged to continue in consequence of the scarcity of money at that time, and the necessity of making further advances to those persons, to secure the sums in which they already stood indebted. In this perplexed state the house continued until 1810, when its embarrassments were greatly increased, owing to the bankruptcies of Brickwood and others, which brought upon it a sudden demand for no less a sum than 170,000_l._ the greater part being for the amount of bills, which our house had either accepted or discounted for those parties said to have become bankrupts. About 1814, 1815, and 1816, from the speculations with builders, brickmakers, &c. in which the house was engaged, it was called upon to provide funds to the extent of near 100,000_l._ to avert the losses which would otherwise have visited it from those speculations. In 1819 the most responsible of our partners died, and we were called upon to pay over the amount of his capital, although the substantial resources of the house were wholly inadequate to meet so large a payment. During these numerous and trying difficulties, the house was nearly without resources, and the whole burden of management falling upon me, I was driven to a state of distraction, in which I could meet with no relief from my partners, and, almost heartbroken, I sought resources where I could, and so long as they were provided, and the credit of the house supported, no inquiries were made, either as to the manner in which they were procured, or as to the sources from which they were derived. In the midst of these calamities, which were not unknown to Mr. Stracey, he quitted England, and continued in France, on his own private business, for two years, leaving me to struggle as well as I could with difficulties almost insurmountable. Having thus exposed all the necessities of the house, I declare that all the moneys temporarily raised by me were applied, not in one instance for my own separate purposes or expenses, but in every case they were immediately placed to the credit of the house in