Cook, John Parsons, -1855; Palmer, William, 1824-1856 -- Trials, litigation, etc.; Trials (Murder) -- England -- London
Now, what the exact state of the affairs of John Parsons Cook at that
time was I do not know. Such a fortune as he had might be thrown down in
a week by the course of life that he was leading. A young man who is
reckless as to the mode in which he employs his fortune, and who has
only £13,000, may, if he likes, for a year or two pass before the world
as a man of much more considerable means; it is not everybody who will
go to Doctors’ Commons to ascertain what the exact amount of property he
derived from his grandfather was. He was Mr. Cook, of Lutterworth, a
gentleman who had a stud of racehorses, who lived expensively, and was
known to have inherited a fortune; he was a person whose friendship was
at that time probably, and probably continued to be, a matter of
considerable convenience to Palmer. You recollect, gentlemen, I am not
defending Palmer against the crime of forgery. I am not defending him
against the reckless improvidence of obtaining money at the enormous
discounts at which he obtained it. The question is, whether he is guilty
of murder. Palmer and Cook were then so circumstanced as early as the
month of May, 1855. They had had another transaction previously to the
date of November, 1855, which I will not advert to now, because it was
taken second in the case of my learned friend the Attorney-General; but
let us see what their position was in the second week of November, 1855.
Respecting that, we have the evidence of Pratt, and from the
correspondence which he explained to us there can be no doubt upon our
minds. Amongst a mass of bills, amounting altogether to £11,500, which
had been repeatedly renewed, there were two bills for £2000 each, which
became due in the last week in October; and there was another bill, or
two other bills, amounting to £1500 which had become due some time
before, but which were held over, as they say, from month to month,
Palmer, who was liable upon them, paying for the advantage of having
them held over at the end of every month, at what they call interest of
about 60 per cent. These three bills, or sums of £2000, £2000, and £1500
were the embarrassments which were pressing upon him in the second week
of November; and, be it observed, though pressing upon him, they were
pressed upon him by a man, who, no doubt, would have been glad to have
got the principal, but who would also upon anything approaching to
security have been very well pleased with the interest. How can capital,
if it be secure, be better employed than at 40 or 60 per cent. per
annum? As long as there was a vestige of good security, Mr. Pratt or Mr.
Pratt’s clients desired nothing better than that Palmer should continue
to hold the money.
[Sidenote: Serjeant Shee]
Public-domain text, read in full here on John Shaqi.
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