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Nelson Evening Mail, Volume V, Issue 259, 4 November 1870, Page 4

FitKNCH Race Horses. — The war has quite put a stop to sporting in France, and Count Lugrange, the great Continental racing man, has sold off his immense stud, including the celebrated Gladiateur, who fetched 5,800 guinea?. Loss of H.M.S. Captain. — The only further intelligence we have of this terrible catastrophe is comprised in the following telegram : — " On the 13th September, the 18 survivors of the ironclad Captain arrived at Portsmouth, and reported that the vessel had capsized and sunk in three minutes. The workiug of the bankruptcy law appears to give dissatisfaction in Tasmania as well as in New Zealand. Ou hearing a recent application for a discharge, Chief Justice Sir Fraucis Smith is reported to have spoken as follows : — ** Since the abolition of imprisonment for debt, there was no excuse for the present Insolvency Act not being done away with. Aloug with his late colleague he had always felt ashamed of the fuuetions the Court was called on to exercise there. In the great majority of cases it was like bringing a slate into that room with an account of liabilities, and by the medium of the Court having them wiped out with a sponge, and where there had been no opposition, the discharge had generally been granted, iu most cases with considerable doubt."