The first information, which any of the members of the house of Zulueta & Co. had of even the existence of the Committee, was the receipt of a letter (see p. 1) accompanying a copy of a lengthy Report, by a Dr. Madden, on the Coast of Africa, which called forth a reply (see p. 5) addressed by Zulueta & Co. to the Chairman of the Committee--a reply, which, in truth, contains the whole of their case, and to which they may well look back with just pride, since the keenest appetite for the discovery of guilt has not been able to detect one single circumstance contradictory of one tittle of its contents. Neither the examination before the Committee in 1842, nor the trial in 1843, circumstances which could not be foreseen or anticipated, have elicited one single fact at variance with the statements of that letter, impossible as it was to have contemplated at the time it was written, that its accuracy would be subject to so severe a test as either the examination before the Committee, which took place two months afterwards, or the trial, which did not occur till after the lapse of more than a year. After that letter was sent, it became known to the house of Zulueta & Co. that further statements, unfavourable to their character as merchants, had been made before the Committee; and in consequence of a verbal representation of the unfairness of such mode of accusation, copies of the examinations of two of the witnesses were sent to them. The individual who now addresses you, then offered himself, at the request of his partners, to be examined, the selection of himself being made for no other reason than that he was thought more capable of making himself understood. It was thus therefore that I, Pedro de Zulueta the younger, appeared before the Committee, and, as will be seen by the minutes of my evidence, entered into an examination of every statement which was brought before me as having been made by the witnesses concerning my house, contradicted several of them, explained others, and volunteered a description of the nature of the dealings of my firm with the two others (whose names had been flung at us) from the time of the establishment of Zulueta & Co. in London, twenty years ago. I also underwent a cross-examination, of which one very remarkable feature was, that Captain Denman himself, one of the witnesses against me both at this examination and at the trial, was sitting close to several members of the Committee, and was seen by me to whisper repeatedly into the ear of more than one member, what, it is not unnatural to suppose, may have been directions for the more effectual discovery of the truth.