11 JULY 1868, Page 3

Sir Morton Peto was discharged by the Bankruptcy Court on

Monday. It was stated that as far as the firm of Peto, Betts, -and Crampton were concerned there would be no dividend, the free assets being insufficient even to pay expenses. "Sums amounting to 800,0001. belonging to the three bankrupts had been applied in the ordinary course of things in the discharge of the liabilities of Peto and Betts," who constituted a second firm by themselves. That is Mr. Linklater's statement, not ours, and it must be a pleasant one for Mr. Crampton, who has been ruined, apparently, without any volition of his own.