Litchfield enquirer., 1836-08-11
THE ENQUWER.
LlTCHFEELD1 AUGUyT m, Isse.

LlTCHFEELD9 AUGUST n, 1886.
 Graa FaiIure.--0w readers will perceive by the annexed article from the N. Y. Courier of Mohdav morning that great alure accompanied by forgery, fraud and Tight has taken place at Buffalo. The news created no slight sensation even among our peaceful and usually unexcitable population, from the crcu- stance probably that several of our former fellow citi zens are located in Buffalo, and have been pretty ex tensivey engaged in the speculatons Ut that place. In addition to what is given below, we learn tlHogh other sources that the amount of the failure is from one to two millions, and that large amount of forged paper is supposed to be afoat in New-York city as well as in many places at the west, This affair will undoubtedly seriously affect the prosperity of Buffalo for some time to come. nj s,,fyiff-,s fE {..
 [. From dae ". Y, Courier, Axgusts 6. s.s.. 4,.
 We are sorry to say that intelligence was received here on Saturday, that Mr. Benjamin Rathbun of Buff falo, ana hls brother, MT. Lyman Rathbun, had ab- sconoed from that place m cOnsequence of it's having been discovered that the former had caused to be dis counted very large amount of hisnoes of hand with torged easdo1r1ements ME Ra;hbun had % complete; " dentihed himself with the prosperity of Buffalo, and indeed with all the western paEtof etate, that this teresf. s4S EF&
 We, are told that MT Evans of Batavia, being in Buffalo. accidentally became informed that large number of Mr- Rathbun's notes with his name as en- slorser had been discounted there and esewhere-- notes which he knew he had not endorsed. This led to the discovery. Missupposed that MT. Lyman Rath. hun, who snperintended the financial part of Mr. Bell- lamln Rathbuns immense concerns, committed the torgeres though the latter passed the and the avas came into his hands. An assignment of all his prop erty has been made by MT. Rafhbun to Messrs Tho mas c. Love, Willard Fillmore, J. Cleary, Hiram Pratt
 have not heard for the benefit of his creditors. The two Rathbun's subsequently abeconded. '<t
 The total amount of MT. Rathbun's indebtednessis ffn HTpoA AINfv E,,N~rv IS certain that must be very large His propertv consisting by far the greatest part of real estate is a
 so very large, and it is believed by those who have the opportunity to form opinion, that if indiciousy man aged it will be fully adequate pay his debts.
 f Mr. Rathbun was man of untriHg iudustry-seep- ing but five hours in the twenty -four, experimenting strictest order and regularity in his accounts An overweenng desire to retain possession of all his real estate, while carrying on enterprises which required embarra ssments and brought him to disgrace and ru
 in At the time of his failure he had no less than twelve hundred men and two hundred horses employ stores in that place has built therea Hotel as large the City Hotel and has built at Niagara Falls the first story of an Hotel which # ever completed the He owns the stage lines from Buffaloto Canandaigua steamboats on Lake Erie besides great part of the water power at the Fals-h has mills houses, farms. 10 and its vicinity Though purchasing real estate for long number of years, which has vastly increased in value but two three instances only are known of his having disp lsed of any part oft.
 has been suggested that the formation of joint stock company the capital of which should be employ ed the paymentof MT. Rathbuns debts, and which should receive hs real estate return would aver, the faO, and the shock will otherwise give toindvidual credit The assets it is believed. would be ample se ths iny G SSns h the market. sas Holders of real estate, aso whose interest that this great landed property should not be recipitately sold and men of business in Buffalo would ii is to be pre- sumed, all give their support to plan of this nature
 We do not suppose that the increasing prosperity of Buffalo can be long arrested by this untoward circum- stance sh but that It will be temporarily seriously felt mediate steps, there can be little doubt x i s
 ocr Since the above was in type, we learn that Messs. Rathbun have not fedi into Canada, but were arrested and confined in Buffalo jail for forgery-that the amount of their forgeries would probably exceed
 million of dollars-that the whole amount of debts - cluding the forgeres, win amount to two illions-ar
 that the property assigned will probably more than all. The assignment orders the mechanics, la- horers clerks &c. to be first paid then persons resi- ding in and near Buffalo, confidential creditors, &c
 We have this day given, on our first page, instead of miscellaneous reading, account by an eye-wit- ness of the Massacre of Major Fanning's troops.'
 AI AAtSudtcS O Ouk uPpIChctisiUu ut; inuAHH tidt strnth is stronger than ction," and as such will be peruscd with interest by all our readers. s -E
 Rev. Hiram P. Arms, late of WolcottyIle, was in- stalled as Pastor over the Congregational Church in Norwich on Wednesday of last week. The sermon on the occasion was delivered by Rev. L. P. Hckok, of this village. scs lbel ,st a@>s.H
 The Hartford Times, and sundry of its wtless lick spittes in various parts of the state, exceedingly troubled to find out the precise course which several of the whg papers tours among the rest) intend to pursue during the pending presidential campaign.-- Whythey should be so much annoyed isnot perhaps very strange-they accustomed to follow so exact ly in the wake of their dicators-their Ned Fucker candidate makers that they cannot conceive why whg should do otherwise. This is just the difference between us. While they hold to the lordly doctrine that the king Andrew or Martini can do no wrong,' whgis determined to think for hnself-to ascertain whether measure be just and proper before he adopts and supports II. In due time these creatures will no doubt learn whom the whig papers will support for President; but they may rest assured. in the mean time, that it win not be, what De Witt Clinton pro- bounced MT, Van Buren, "a political grimalkin,' '' whose whole political life, as was remarked by gem deman in one of our county conventions. is nothing ssore or less than vng exempi6eation of the doc trne of" total deprayi:y.',', 4aee.. .s'as,N ~.-
 THE PARK-One portion Gin East street. of this or nament to our village is completed. except the putting on coat of paint, which it is undergoing It is neat and handsome; and in few years, 1 kert tn repa, (vvth the addition of some shade trees which will probably be set out in the fa) will add very con- siderably to the peasantness of our beautifh village