A. Not exactly to L20,000; if I saw an opportunity of selling any at a quarter profit I was to sell.
Q. When you saw him on the Monday, did he then order you to sell the remainder?
A. Yes.
Q. Did you sell it immediately.
A. As soon as an opportunity offered to sell it at a profit.
Q. Was that early in the day?
A. Yes, about eleven I believe.
Q. When was it that you first heard any rumour of good news in the morning?
A. Soon after the market opened, between ten and eleven.
Q. You say you had purchased L40,000 for Mr. Butt?
A. Yes.
Q. When was that?
A. The 12th, 14th, and 18th of February.
Q. Different sums on those days?
A. Yes.
Q. Had you any order from Mr. Butt as to the sales?
A. To sell whenever I saw an opportunity of selling at a quarter profit, or three eighths as the circumstances might allow.
Q. How long have you known Mr. Butt?
A. About six months.
Q. Had you had any transactions with him before in that way?
A. Yes.
Q. He had occasionally employed you?
A. Yes, he had.
Q. Who introduced you to Mr. Johnstone?
A. Mr. Johnstone was in Mr. Butt's office when I first saw him there in Sweeting's Alley.
Q. It was through Mr. Butt you became acquainted with Mr. Johnstone?
A. Yes, it was.
Q. If any person had known that this news was false, and had been disposed to be a bear, he might have made his fortune by selling that day, might not he?
The Trial of Charles Random De Berenger, Sir Thomas Cochrane, Commonly Called Lord Cochrane, the Hon. Andrew Cochrane Johnstone, Richard Gathorne Butt, Ralph Sandom, Alexander M'rae, John Peter Holloway, and Henry Lyte for a Conspiracy · The Wunder Library — complete classics, free to read, with narration.