Iowa news. [volume] (Dubuque, Upper Mississippi Lead Mines, Wisconsin Territory) 1837-1841, 1838-02-10

MEssRs. EDlroRs:.-.I should have answer
. ed the call made by the editor Of the Gazette
and Advertiser on the President for informa
ton relating to the affairs Of the Miners Bank
sooner, as that call appeared to 30 made with
a desire to give the community such informa
ton as was requisite 10 enable them to form a
correct opinion with regard to the solvency Of
the institution, had it not been that commit.
tee OF investigation, appointed by the Legis.
lature was already in this place, and knew
their proceedings would be published.
! But the editor Of the Miners Free Press has
taken different course. Having, Mithout any
cause or provccation, published in his paper
twoor three articles, almost every sentence OF
which is void Of truth, and couched in the mos,
violent language. Not considering it the du-
y OF the officers Of hank 10 answer all the
vile ISLANDERS that are set afoat by the enemies
OF the institution. l declined making any reply
TO the first article, and reluctant as am to ap.
pear IN a newspaper controversy. were il not
that silence might be construed by the public
INTO an acknowled Cment Of the charges which
have been made, would not now trouble you
with communication on The subject. Gould
not tn. son Of that celebrated statesman whose
memory is revered by our countrymen, have
employed his time and talents in manner
NIFTY! Could he not have welded his pen in a
better cause than to pour out the venom that
hills his bosom, upon the inhabitants Of Du
Bnque. or in .raducing the character Of an as.
ISOLATION Of individuals who are labornp to |
build up an institution for the benefit Of this
section of country.
With regard to the statements of Edward
l.angworhy, shouldh have nothing to do with
them IT they were no; catorsedby Col. Hamil.
ton, as know but little Of him as AN indiyid.
ual. and as President Of the Bank, have had
no connection with him. II il not true, as
stated by Col. Hamilton, that he was one Of
the directors. The statement made by Mr..
Langwor'hy relating to the first instalment Of
100000 is also false; Sl9,Gl2 so was depo.
slted in the Branch Bank at Galena, and VIM.
Y. Bostwick, Esq. Cashier Of that institution.
gave me certificate OF deposit payable to my
order, as President Of the Miners Bank. for
that amount. $57 SO was paid towards build
ing lot for the Bank. :nd Mr., Langwor,hy can
lexplaln the reason why the remaining three
hundred doAars were no, paid over at tina. time.
The other statements made by him contain a.
bout as much truth as the one referred to above.
But the report Of two committees from the
Legislative Council, raised by the influence
and exerton Of disappointed individuals. does
not Justify the statement made by Col. Hami-
ton, that ',he transactions Of the institution
are as corrupt as possible" or that ''i,s con.
duct has operated already 10 injure the charac-
ter Of the place."
take this opportunity to state, that having
been closely connected with tho progress OF
the institution from the time the application
was made TO the Council for the charter TO the
present tine; it is now. and ever has been my
earnest desire to make it a sound and solvent
bank; and consc GUS as am Of having pursu-
ed steady and upright course, witt, the laud-
able ambition Of renderin. this institution no,
only an honor to Du Bulne. but one of the
best in the western country.
forbear any further remarks, and shall
leave nnprovoked malice TO learn its impotence
by its own tester.
F.. LOCKWOOD,
President Of tho Miners Bank.