FINANCES, Proposal to File Bankruptcy Petition: "Mercury's" Costs: to Edit New Paper The debts and prospects of Mr. Lealie Ernest Haynes again occupied the attention of H. M. Supreme Court, on Monday, when he appear: ed before the Registrar, Mr. G. W. Ring, on a judgment summons taken out by the Shanghai Mercury, Ld., for $810, the amount of the taxed costs given against Mr. Haynes in his recent unsuccessful suit against the company, and $11.25, the cost of the summons. Mr. E, 1, Platt appeared for the pli When called to the witness-box, the defendant asked permission frst to make a statement and, the Registrar consenting, he sai On the advice of legal advisers, fang also some lay friends, I have decided to take the only' possible course which I think is open to fe, tin Yairness to my creditors and my friends. That is, to seek the protection of the Court, and to file a petition in bankruptcy under the Acts of 1883 and 1890. The petition is already drawn up and prepared and T have a moment ago interviewed the Official Receiver, eho has pointed out certain irregu-Iarities which will have to be rectified, and which will be done in the course of the day. I understand that in such eases all proceedings are stayed and I think no useful purpose cane served by wasting your time now.
The Registrar—Was not a com.
ital order recently made against Mr, Platt It was to be issued August 2, Defendant—t think that ipso facto will be recalled under Rule 194, The Registrar—A am not s0 ecru Mr. Platt—If Mr, Haynes is going to file a petition in bankruptey, 1 doubt if he can do it mitral order against him.
—OF course T can. You in prison, under The Registrar—The petition is not la yet, so we can proceed and determine whether you have any means to pay.
Defendant then was cross-examin. ed on oath, Prospects as Editor ug of publishing a don't know were your information.
Well, are you, or are you not?- alnly not.
Not even on the 15th of month, a paper called the "Shanghai Evening Standard?"—T am not pub.
ching any paper. Tam to be entployed by the proprietors of a paper that is going to be published, Lut Cam not publishing it.
You are going to be employed?—Tam to be.
When are ing?—Possibl month. thinking of start-fon the 15th of his
Text read from the printed page and cleaned; old type leaves the occasional error.