29 SEPTEMBER 1877, Page 2

A report has been going about, which we do not

believe, and should be very sorry to believe, that Mr. Layard, as one of the chief founders of the Ottoman Bank, still draws a great part of his income from that source. We are not friendly to the Turks, but we do not wish to see the influence of any English ambas- sador, even one so strongly biassed as Mr. Layard, depreciated by report. of this kind, and we hope that those who have the means,—

and there are manywho must have the means,—will deny authori- tatively a rumour which, if believed, would so materially diminish the moral influence of the most important of her Majesty's. representatives abroad.