Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1835-02-14


between US. She furnished the data from which made
statement Of the account when il appeared that ov
ed the estate $S.32 On this statement wrote an ac
acknowledgement, signed, and gave it her to preserve
that IN case OF death it might prevent any difficulty in
ascertalning how the matter stood between u.s. took
copy OF Tins statement and presented to The committee
Tor their Information, which, | understood them,
WAS the object of their inquiry In the Report Of
the majority OF the Committee this statement is made
a subject OF comment, with kind of implication
Phat intended to impose il upon them IS some
lhing different from what it was, as having been
Cadc out at some former period. This, however, was
t the fact. had no hesitation 20 inform them when
was made and did pretend 10 It's being any tnp
ferent from what it was. They further ann.adyert
on my venturing those funds in II condition in which
guardian would be UNSUITABLE in placing tie funds
his ward Those remarks | consider irrelevant
pen DR. Jackson died, he left three children the ell
OF whom Is now but in his tenth year. Their mother
young and iatherless. brought them all TO my own
and have, acted fathers part towards both the
and her children; and while | live, they shall
be inendless The funds of the orphans ia
nds while DIR. L. holds thcm and accumuat-
,:g interest every day. Their dying father had no
@ Their living mother has no fear of their suffer
ms mutton while under iny control; and if by any
La Iar ment in a business in which exception could
DC "a to my acting for them, and in which the risk
e no reat but that would be willing TO under-wr,e
ioi ~ ~, i can make their money yield for them
more five times its legal interest, / shall do so and
no pc who knows me will doubt that every cent of
,ts pro- be applied TO theii benefit The majority of
ue COZ ce may doubt whether it is possible for man
10 DC erested friend to the orphan; but there
10 u PR however alien to their own bosonls which
tne neart oil man 10 do Tor the orphans O
ms irci that he would desire TO be done by friend
Ihey1 pmplain, that had deposited in the Bank
OF Mary at Baltimore on the Sd May, 1893 Tive sum
OF SS,V took certificate for the same bearing
the faih he hsnk in March, 1884, this ce ritz.
cate was I'd to the account of the General Post
oihce in k. They acknowledge that no loss has
been Their aimed by the Department. but they
complain we been allowed to take advantage of
my ofhci " to secure the full payment of
my own ci tS% statement they have suppressed
the most let MI was entirely owing to my of.
nciil stato sd not drawn the money from the
Dank before The Department was indebted TO
.nnt bank tw Nusand dollars, payable in June
io"4' ana IN the department were such as
required re ~ possible means of meeting
payments ne before the failure of that
bank when N that the pressure OF banks ge
neraIly was was informed 1the affairs of
me Bank OF ere rather precarous. / then de-
'ermined to lils deposite; but expressing
mat lhtentIon sed not to do so, bnt to hold il IN
reserve toward the debt due 20 that bank from
lne Department mentioned TO the Postmaster
General, who Fse, pleased with my doing 90:
ma alter the ia Bank, nothing could be more
ust thah 10 ma phcation of it. If / had lost
me money, s psf II in consequence of my
'incial station. speaks of the mprobability
d my holding at an intesest of five per
cent. and at the continuing n loan on which
was paying 81 This remark is scarcely
worthy OF an an as n considerable proportion
OIL what have sa Zen made by purchasing pro-
pcrty at alower "a hat it was afterwards sold for
It Will not be mys any man of business, that a
person would be knaie difference of one per
cent per annum OF money, when, by so doing
ne can command id without the ordinary trouble
Or delay of collecti dies this consideration. the
money deposited in of Maryland had appro-
,riated to the paym balance which might be
ound remaining duI to the heirs of DIR. Jack
on and had deter old it in reserve for that
purpose The majd committee also speak of
ne lmprobabllity Of wing money of Mcssrs
'eeslde ana Shyma purchase of property,
'hen mad loaned r larger sum inte-
est. Ihey knew thai ned TINS money TO Mr.
'orter some months bd owed the money To pur-
hase property; and If pined 1t in my hand, it
elongcd to orphans, not have applied the
money OF orphans TO til OF real estate for my
wn benefit
The next subject of co einst me is for causing
n error to be corrected books the moment
was discovered to ex circumstances were
5 follows; A loan of anne due from the
department. TO the Wel III Philadelphia,
bout the last of April IN the Department
hen at its lowest state of d Aa2d not the means
meeting. BY the reqH |stniastcr- General,
went y Philadelphia ~ ry TO make the
est E<<s& gelncnt ~ IT, Mr.. Reside
ma te1zAz1srdir- ION tue $4,000 in favor
oi Mr. *. &. Stocktoa and Mr.. Stock
on made draft on iii. I'm favor of Mr..
teeside. for the same ami months. Both of
lese drafts discounttz TX, and the sums
deposited by their respectful TO the credit of
lie Department. The none eited were plac-
ID on the books of the Depaf credit of the
Individuals, and to the debit When the
irst of these drafts became d. vas about the
asst OF July, it paid, and pl debit of Mr..
stockton, as the drawer. The became due
bout the last Of October or first Ter When |
vas inquired of by the committee ny there was
lot charge against Mr.. Reesde hunt "a copy
+ which they had before them bay ment of
hat draft of $4,000 / answe, De account
Inch they held only to the apber that
ne DRAFT was not paid till after but that it
you'd, at the date of its payment to his ac-
cunt, of course. then called upo who kept
ne bank books to show me these heh had
cen paid On his showing them cred that
here had been mistake in the cha the first
ne, which had been paid about th 81 4 ~ had
cen drawn by Mr. Reeside, and e been
hargcd to him, and not TO Mr. StocS Pe other
al not yet been charged. / called up ; ks who
al made the entries, showed them tb'1 which
al Geen made, and directed them 10 ~
hHeGlateiy, IN the best way they could n
irhed TO the committee, told them of the #
had discovered, and that had directed H2 ~ - i
l. The committee called for the books ~ Ei<
re corrections had been made They
erks who had made the corrections Nv a, ~
ere proved as above stated. The maiorit 3
'ce alicge That told them had promb rcd
e entry ON the books. This is not rue M Ior-
cl INC entry; but told them that the cIerI Ene
9l1~"amed to them the clerks They N
i ll"u caused s cen changes of entry to be IN & }e
O,vOhS' lHis Is untrpc~s'T enas A*S#cf -TSde
ohahseu were as follows On the creditor size OF tbA
c ca oook, stood this entry "By r. c. Stockholm
1t was corrected by taking out the name of
h - Stockton and inserting that of Jas Rce.le On
the ledger in the of r. C. Stockton thor stood
On inc dcbtor side, this entry To cash 500 ono II
was corrected by taking out this charge And in the
eoger, on Mr. Resides account the charge was en-
lheSe are all the changes of entry that had been
Ilue ana all these related Co this one draft and M
ng else Inc minority of the committee saw tbnt3 fell
o an error IN this matter, in causing the correctiA to
" inuue While the investigation was poino an P
nuihoy amer with them in this decision NV uniform
IN, rs "ieh an error is discovered TO correct it imnk
laely Mr.. Stockton was found CHARGED With con ~
winch ought to have been charoed 10 Nr Rccsls ~ "
ny opinion IS that the error could not have hce u
lucAiy corrected The books were not then bofyc ~