Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1832-05-31

ed to him certain transactions In the
Bank in which II. & j. q. Biddle were
concerned, which they were not willing
should exist without some member ofthe
Board being informed Of them. Upon
his inquiring what they were, they re-
piled that, T.. 81. G. Biddie, had been
in the hab, of coming to the Bank and
getting. money, and leaving certificates
of stocks, which represented it in the
first Teller's drawer, without paying in
terest, and without being entered OH the
books. That they had also stated that
the Messrs. Biddies had had notes dis
counted for them by the President which
were entered on the books of the pre-
cedlng discount day: that upon MIR Whit
ney's asking them what sums there
were of the kind in existence at that
time, they went with him to the first
Tt iler's drawer, and found one sum of
DO, 900 dollars, dated 25th May, a-d one
for 81 900 dollars dated Goth May; that
they then went to the Discount Clerks
desk, and found one note ut l5 days,
dated 18th May, for 1000 dollars, of
II. Biddlc's, and one note Of Charles
Biddle's, dated 2lst May, at sixteen
days, for 1888, ,3I9; that the two former
sums represented cash, and the two lat
ter were notes which the two Cashiers
stated to him had been discounted by or
der Of the President. Of all this, Mr.
Whitney declared memorandum ut the
time had been taken by him. Such a
memorandum he produced, and left with
the committee on a small slip of paper,
worn out and torn, and il is among the
papers reported by the committee; and
as it formed,the main stay of MIR Whit
ney's first testimony, Il copy ofthe whole
of it is here subjoined;
"May %, $4,000.
26, $4,000.
May IS, 10, days 500, 900 collateral.
" 81, c. Biddle, 38,3l9, l6 days
5-8 June.
OF the two first notes, Mr. Whitney
declared, in answer, TO a leading ques-
ton from the Chairman, that no entry
had been made upon the books: that he
took his note of them from memoran-
dunn in the Teller's drawer, and that on
making the discovery, he directed the
officers Of the Bank, one or both the
Cashiers, to enter this money upon the
books: that it was done-that he did not
see it done, but subsequently saw on the
books, the entry of "bills receivable,"
which he knew was the entry made by
his order.
| He further stated that Immediately aE-
ter making this discovery, and giving
this order, he had gone into the Presi-
dents room, where he found him alone:
that he told him what he had discovered
and done, and requested that no such
transaction should be repeated while he
was Director of the Institution. That
the President did not deny the facts as
he had stated them, that he colored up
very much, and promised that no such
thing should happen again. ....
MIR. Whitney appealed with great
confidence to his memorandum, and to
the books of the Bank corresponding
with it, to confirm his story; but there
was nothing in the memorandum to show
that it had been taken from the books Of
the Bank. There was internal evidence
in the memorandum that it could not
have been taken before the Goth of May,
and there was evidence on the books Of
the Bank that it was probably taken
from them on the 9th of May-that
was the only day on which one Of the
books of the Bank corresponded with the
memorandum m of Mr.. Whitney.
But Mr.. Whitney testified that no
entries had been made of the certificates
of stock in ths Teller's drawer, of the
two sums of 45, 900 and 1900 dollars,
minuted on his memorandum, on the
books, until after he had ordered the en-
tries to be made; while the booksl of the
Bank proved that entries of both those
sums had been regularly made Oh those
respective days, the Goth and 26th May
MIR. Whltney's own testimony showed
that he had seen the books after the
entries were made, and there was noth-
ing except his own declaration, to show
that he had not taken his memorandum
from them.
Mr.. Andrews and Mr.. Wilson, the
cashiers from whom Mr.. Whitney alleg-
cd that he had received the first inlor-
nation Of this embezZlement of the
monies ofthe Bank, denied in the most
explicit and unqua lifted terms that any
such transaction had ever taken place
denied not only that they had ever given
TO Mr.. Whitney such information as he
had affirmed to have received from
them, but the existence, at any time, Of
any facts which would have justified
hem iSgiving such information.
MIR. Burtis, the FIRST Teller, and Mr..
Patterson, the Discount Clerk, at whose
lrawers MIR. Whitney's narrative repre-
'ented him as having made his discov-
cries, and given his orders for making
he entries, with equally earnest asse-