to use his right arm, and that in order to steady it he placed it across his chest. It then became known, that in stopping one of Heenan's terrific blows one of the bones of the fore-arm had been broken, and that Sayers was now fighting with his left arm only! Under any ordinary circumstances such a wound would have decided the battle; but here the disadvantages of either side were singularly compensated by the disadvantages of the other. Heenan was half-blinded by the swelling of his cheeks and the bruised condition of his muscles, so that he could not well see where to hit or parry; and his hands also were so swollen that when he succeeded in planting a heavy blow which knocked his opponent off his legs, it did no more harm than if it had been delivered in boxing-gloves; his capacity for offence and defence was therefore almost gone; but he still retained his terrific muscular power, and like a purblind Samson could annihilate his antagonist if he could succeed in grappling with him. On the other side, Sayers retained his powers and activity notwithstanding the terrible blows he had endured; his alertness enabled him both to elude the blows aimed at him, and to strike his opponent at every favourable opening. The question was, therefore, whether Heenan's power of endurance should outstand Sayers' power of offence, or whether Heenan by some fortunate chance should grapple with Sayers and crush him. The result well nigh eventuated in favour of the American. In the thirty-eighth round Sayers came within Heenan's grasp, who got his head under his arm and bent him down as though he meant to strangle him; in the struggle that ensued Heenan got Sayers' neck over the rope, and bearing his weight upon him so nearly strangled him, that his life was saved only by the umpires cutting the ropes. At this time, when all that was noble in the contest had disappeared, and nothing but its brutality was left, the police appeared in strength; a rough struggle ensued between them and the mob; the ring was broken into. The police, however, were pinned in by the mere weight of their assailants, and several rounds were accomplished before they could stop the fight. This indecisive termination gave rise to much squabbling between the backers of the respective parties. Heenan's friends claimed the victory for him, on the ground that when the umpires cut the ropes to save Sayers' life, that by the rules of the Ring involved the admission that Sayers was conquered. But, beside that the fight proceeded subsequently with the consent of all parties, it appeared that Heenan had made use of means (using one of the stakes as a "purchase") to bring about the result not allowed by the rules. On the other hand Sayers' friends claimed the victory for him, on the ground that had the contest been prolonged but a few minutes Heenan must have been withdrawn, for, as he was being led away from the field, his eyes closed up and he became totally blind, while Sayers retained his activity undiminished and the full use of his left arm. The fight lasted two hours and twenty minutes. After a great deal of squabbling, the question was compromised by the purchase of two special belts, one of which was given to each champion, Sayers throwing up the champion's belt to public competition, and retiring from the active practice of the "profession." 19. IMMENSE FRAUDS ON THE UNION BANK OF LONDON.-The mercantile public were greatly excited by a report which obtained currency that a fraud of immense magnitude on one of our largest banking institutions had been discovered; and direction was given to the rumour by a large fall in the shares of the Union Bank of London. It soon became known that William George Pullinger, the chief cashier of that establishment, had been given into custody. An investigation was made by the board of directors, and their report showed that a defalcation to an enormous amount had taken place. According to this statement, William George Pullinger was appointed a cashier of this bank in April, 1839, having previously held a similar situation in the banking house of Sir Claude Scott and Co., and after sixteen years of most efficient, zealous, and, it is still believed, faithful service in subordinate capacities, was, about five years ago, raised to the situation of chief cashier; and such was the confidence reposed in him by the directors and manager, and their satisfaction with the manner in which he discharged his duties, that, about three months previously, they voluntarily raised his salary to 600l. per annum. His duties as chief cashier were, to superintend the other cashiers, to procure cheques for money to keep their tills supplied; and it devolved upon him to pay all cheques, gold and silver coin, bank notes, &c., which were not required for the purposes of this bank, to the Bank of England, accompanied by a docket. specifying the particulars of each payment, and by the "pass-book" of the Bank of England, which was necessarily in his official charge; and an account of these payments was also furnished by Pullinger to the principal ledgerkeeper. In the ordinary course of business, Pullinger daily sent a junior clerk for the pass-book, which contained the acknowledgment by the Bank of England of the cash paid in, and it was the duty of Pullinger to deliver the pass-book to the ledger-keeper, whose duty it would then become to check the entries in it against the Bank of England, by the items in bis ledger. The ledger-keeper, on finding his account tally with the pass-book, would report the Bank of England balance to the accountant, to be posted in the general ledger, when any error in the Bank of England balance would disturb the general balance of the day, and become the subject of investigation. "On Thursday last, the 19th inst., in consequence of some information, application was made to the Bank of England for their statement of the balance of this bank, when a deficit of no less than 263,0701. 8s. 10d. was discovered. Pullinger, who was absent at the time, attending the funeral of a relative, was immediately followed by a director and the manager, and brought back, when he at once confessed that from losses on the Stock Exchange he had from time to time, since his appointment as chief cashier, abstracted large sums from the cheques taken over to the Bank of England, which he had concealed from the ledger-keeper, by exhibiting to him a fabricated pass-book in which the balance agreed with what it appeared in the accountant's general ledger. He was then given into custody. "It may be proper to state here, that the supposed balance at the Bank of England was 569,706l. 16s. 2d., while the certified balance was 306,6361. 7s. 4d., exhibiting the deficit of 263,0701. Ss. 10d." It appears, therefore, that in point of magnitude, the defalcations of Pullinger throw those of Robson into the shade, and even exceed those of Redpath. The amount involved in the latter case, it will be remembered, was about 240,000l. Pullinger's method of proceeding was simple. The whole of the large payments into the Bank of England passed through his hands. For a lengthened period he passed them in with regularity. Finding, then, that he possessed virtually the entire control of these funds, inasmuch as the pass-book formed the sole check upon him, it occurred to him, in a moment of temptation, to appropriate money and falsify the passbook. Emboldened by success, he persevered in his crime, and carried his misappropriations to the almost incredible extent above mentioned, keeping systematically the real pass-book for himself, and presenting a fictitious one to his fellow-officers. The largeness of the balance habitually kept by the Union Bank at the Bank of England precluded the chance of discovery through any heavy draughts being made upon it. The wildest rumours were circulated as to the manner in which Pullinger had got rid of so immense a sum-it was said that he had lost enormously by time-bargains" on the Stock Exchange, that he betted recklessly on race horses, and kept racers under the name of a well-known trainer, and that he had advanced large sums to keep afloat one of the opera houses. But there was nothing to justify any of these rumours except the first. Pullinger was a remarkably steady, quiet, unobtrusive middle-aged clerk there was nothing about his habits or ways to engender suspicionunlike Redpath, there were no marks of expenditure in excess of his ostensible position; he had no vice except the one vice of jobbing on the Stock Exchange, and this he had in such large proportion as to stand him in stead of all others, and to land him a defaulter of his employers' money to the extent of more than a quarter of a million. Pullinger, in order to conceal the extent and nature of his transactions, was obliged to employ persons who were not of that highly honourable body the members of the Stock Exchange; and from the nature of such dealings, and owing to the opportune death of one of his agents, only a very small part of his losses could be traced. An inquiry, instituted by the committee of the Stock Exchange, discovered some transactions with members, but they were not of great extent or questionable character; but, as the rules of the body strictly forbid transactions with persons in the position held by Pullinger, the offending parties were severely censured. Pullinger, who is described as a stalwart, florid-complexioned man, about 50 years of age, when examined before the Lord Mayor, made no attempt to defend or conceal his misdeeds-he refused to have legal assistance, and was resolved to submit to his fate. He was tried at the Central Criminal Court, on the 15th May, on two indictments, to which he pleaded Guilty, and Mr. Baron CHANNELL, weighing the guilt of the crime, and the extent of the depredation, sentenced him to fourteen years' penal servitude on the first indictment, and to six years' on the second. A young clerk of the bank was, in the first instance, charged as an accomplice, but it appeared clearly that he had no guilty knowledge of the transactions it fell to his duty to record. GREAT COMMERCIAL FRAUDS.Others of those monstrous frauds which seem only perpetrated by men of business, or under their auspices, came to light about this time, spreading abroad a general feeling of insecurity. its own, so dealt with the capital of other people, that when it was discovered that Mr. John Blaikie had disappeared, it was discovered that 200,000l. of their clients' money had disappeared also. The defalcation in this case was satisfactorily accounted for-to the satisfaction, that is, of accountants; for speculations in shares to the extent of 1,800,000l. in two years resulted in a loss of 32,000l., and a reckless investment in India and China produce, cotton, iron, copper and gold mines, and projects in every variety, summed up the deficient balance. A very heartless case came before the Court of Bankruptcy in March. The delinquent, one Evans, was a scrivener (the trading description of an attorney) at Farnham. His uncle had been a local practitioner of eminence and trust at Farnham. On retiring from business, he gave over his practice to his nephew. This man used his position and influence to plunder his clients in every direction. He was co-trustee with a gentleman named Payne for 20,000l. Mr. Payne fell ill, and was on his death-bed. At this moment Evans presented himself at his house, attended by two clerks, on professional business. Mrs. Payne refused to permit them access to her dying husband; but they used such importunity that compliance became the most prudent course. The interview obtained, in Mrs. Payne's presence, they sought to obtain the dying man's signature to a deed. This Mrs. Payne resisted with such perseverance that her absence was obtained by violence; and the faithful guardian "The mist-like balance' clasp'd th air, being removed, the moribund trusAs clouds with clouds embrace." tee's signature was placed to a doThe "firm," having no sapital of cument which enabled Evans to At Aberdeen, a case resembling that of the notorious brothers Hall occurred. There was in that city a firm of advocates, of high repute and very extensive practice; the partners being John and Anthony Blaikie. Suddenly this phantasm of honesty and wealth was dissolved into air by the flight of the senior partner, and it was then found that the firm had been insolvent for many years-in fact, that its nominal capital consisted in the very shadowy asset of a debt due from the elder partner to himself and brother, which had not only never assumed shape and substance, but had been increasing in apparent bulk year by year. Nor was this the worst; for by some mysterious process the insubstantial nothing had strange power to convert substance into its own likeness. sell out and appropriate every shilling of the trust-money. The parties interested filed a bill to recover the money. Evans was insolvent, and the unhappy widow had to pay 22,000l. trust-money and costs. Evans, in the ordinary course of his business, was in possession of sums belonging to his clients which he lent out on "advantageous" terms upon good security, receiving and accounting for the interest. Evans himself was the borrower under various fictitious names. In one case he tore the seal off a bond in order to invalidate it. The farmers, tradesmen, and small residents of the neighbourhood, were his victims, according to their several capacities. The Commissioner declared that a more cruel and heartless case, one more replete with wickedness and fraud, had never come before the court; and did all he could, in refusing the bankrupt any certificate. At Liverpool the Registrar of the Liverpool County Court, with a salary of 1000l., has been found a defaulter to the extent of 15,000l., besides private liabilities to a very large amount. A strange case was developed in a trial at Kingston, in which, how ever, the delinquents were not of native growth. Antonio and Nicholas di Demetrio were Greeks, who, having no capital whatever, set up as corn-merchants-or Antonio did-in Old Broad-street; where their business consisted entirely of clear profits, insomuch that when his affairs came before the Bankruptcy Court, he was found to have gained 60,000l. from his correspondents, and that his assets were nil. The trial referred to was to decide whether a cargo of corn had been bona fide sold by Demetrio to a young lady, and by her to certain merchants at Cork before the bankruptcy. The story was this: Antonio had a brother called Nicholas, who lived in great state at boarding-houses, and was accounted by the ladies therein as a great Eastern merchant. As they could not get on by fair means they took the opposite course. Besides the place of business already spoken of, they engaged a counting-house in Gresham-house, and two others in the neighbourhood of Old Broad-street, and established sham firms under the names of Lebous and Co., Dalgo and Co., and John Lambe. They then hired a number of boys to act as clerks at each of these counting-houses, without payment. Their only employment in the offices was to fill up bills of exchange in different names. There were two or three books, but no one ever saw any one write in them. The office of Lebous Brothers and Co. was a sample of the rest. There was nothing in it but a desk and a stool. Lebous Brothers, in the form of a single foreign gentleman, used to come to the office every morning and smoke cigars; that, and the filling up of the bills of exchange, constituted the only kind of business transacted in the establishment. In the course of their dealings a cargo of corn had been shipped on board a vessel called the Gloria at a Russian port in the Black Sea. The vessel reached this country in the month of October of last year, but Antonio had been declared a bankrupt in the preceding August. The bill of lading for the cargo by the Gloria had been endorsed to the firm of Lebous and Co., but it is melancholy to add that in the latter end of August a gentleman, |