Without in dulging in any flattery in regard to Mr Hart mann and Mr Cannon, who apperrorl to buvo fulfilled their positions of trust in v most satis factory manner, ho musfc admit that it wus a matter for very deep regret that thero had been any squabbling about the bonuses to be given for services which so well merited sub stantial recognition; but at tbe samo time he though^ Mr Anderson was perfectly justi fied in the objection ho made to fche manner of awarding the bonuses. In regard to the distribution of the profits, if there had been anything on the face of the accounts to show the exceptional manner in which Messrs Burne and Allen were treated the matter would nofc have been so objectionable, but there was nothing whatever in the interest account fco show fchat they wero nofc, as a matter of fact, fully paid up shareholders on •the lsbsof May. The nature of fcho transac tion by which they were treated as being fully paid up was to deprive Mr Anderson of his rights. „ Of course, it had been imputed to Mr Anderson that he was actuated by

sordid motives in this matter, but if then were sordid motives at all, ib would be mon correct to aay fchafc they had been exhibitee by those. who benefited by an appropriation t( which they had no claim whatever. Thesi were the facts which had induced Mr Anderson to speak of Mr Allon in fche mannei he had done in the circular. Ifc was to bi deplored that people did nofc carry theii differences before tribunals competent tc decide them, in order that thoy might b( settled in calmor language, than that employee in Mr Anderson's Jetter ; but still he con tended that the facts in thii> case wero sutli cienb to justify the comments made upor them. The course adopted in regard to thai small sum remaining upon the winding up o! the Wreck Recovery Compauy could not be more correctly characterised than as a wretched Bchemo by which a certain number of gentle' men pocketed a certain sum of money to the exclusion of other parties who were entitled to reoeive it. 