The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-03-10

Ffom hs Globe, 81 March.

The Boston papers OF Saturday bring accounts OF
some farther developments Of The abuses OF the banks
On Friday the grand jury brought Ia hills Of indictment
against the cashier Of the Lafayette Bank for perjury,
10 making on oath false return of ITS situation, aud
against the president and directors for criminal msde-
nieanor and neglect Of duty in certifying this return
Some Of them, doubtless, innocent Of any wrong
except confdng loo much N Others
Our Conservative neghhor in his paper Of Saturday
after letting OFF number Of harsh eplIheis sgAnst the
measure now before the Senate, such odIos.
BILE sbomnable drtestable ard forth, h'lally pro-
nounces il q damadbie measure. We do not like To
handy abuse but cannot help thinking that system
which begins perjury, operates by fraud. enbezze-
nleni and proaigate gsmlg with trust funds, ard ter
inmates in the State prison, OF least correctly cha
acterized by that rather severe term as the Independent
Treasury Bill
We entirely concur with our "neighbor' in bis
opinion Of that system" pracsed with such inia-
nous success by certain pei banks OF Boston; and
though we tink il rather severe joke, now, 10 call
Durham, Simpson, certain cashier, ind cerli In
Presidhei, besides numerous dir,cors, COh@Tra-
Epas--yel we would not spoil good joke for rela-
ton sake.
We shall not shield either peculation or perjury,
either in high places or low Places.
We learn from the Boston papers that on Wednes-
day last the Grand jury OF thai city found IN ind CT
ment, tor official mise ndnct, az ils JOSIAH Ita-
HAN, President of The franklin Bank, and Ebsnezer
Hayward, Direc ors, They were SOON ai.er arrested
and brought INTO the Municipal Cours, where they
gave bail in the aggregate sum Of $1,000 aid
were then set al liberty --Phiiad. sentinel
Popslar Education Iasnred.-Tbe Emperor of
Austria has issued decree, That no person, male
or female shall be married, who cannot read, write
cipher and IN. Ike out and cast up common ac-
count Ii were to be wished that some Of our Re-
publican law giyers would borrow leaf out OF this
Emperor's book.
We do not believe there can be found in the New
England annals SO gross inst. hce ol jack Clde-
ism as in The case Of MIR. Lunham, and in common
with every New Englander, we blush in the contem-
plaion OF IT, Ii the citizens Of that section oil The
country are not all scholars, there are very lew OF
them who cannot read and this is really the first
instance within our own knowledge in which man
so utterly ierate has been pac> in otfceSoi such
high trust and responsibility. Mr. Dunham, il
seems could neither read write, except that 80
far as the latter branch Of literature goes he learned
mechanic lily to scribble what W allowed 10 pass
for his own name outstanding all this, he was
elected President Of bank, and Salem paper tells
us farther that he was lately appointed Chairman
OF the Committee to examine the Latin Gramm.ir
S chool in Boston We have not heard whether Inc
classical chairman was or was not very iigid with
the boys in the operation Of scanning VIrgiL-N. T.
Gazette. .a..se .....