22 MARCH 1873, Page 3

The arrest of Macdonnell, who, as all the evidence goes

to show, was one of the principals in the great forgery, will probably lead in good time to the unravelling of the whole conspiracy. It is strange that a partner in one of the most subtle and ambitious plots ever devised should have been rash enough to run the risk of a voyage from Havre to the United States, though he must have been well aware that with the Atlantic Cable and the Extradition Treaty working together against him, his chances of escaping detection when the steamer reached America were small indeed. The examination of Noyes before the Lord Mayor has resulted in the remand of the pri- soner, the evidence this week being chiefly directed to prove that Noyes was in the habit of exchanging notes for gold at the Bank, while Macdonnell exchanged the gold for other notes. The aim of these proceedings was, of course, to baffie any attempts that might be made to trace the money obtained on the forged bills by the numbers of the notes.