Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-01-19

One of the most important features IN the phioso-
ply ofhuman life is to know how TO bde ene's time ;
to trHsr in the certainly of retrbutve justice, as the
Greeks did in their deity, Nemesis and, above all
hngsto avoid getting nto PASSION and making fool
OF ones SELF If in addition TO this, aperson can sup
press the dangerous itch of putting pen topaper--why
he will be able get on very well even IN this splcu-
lated wsrld, and not be compelled 10 cut rather
silly figure by rctractons of former positive aver
ments, ana making the amende honorable fer IN
founded and vaporing imputations, and violent and
clustering aspersions To this conclusion we came
on perasng the annexed article in the columns of our
amiable contemporary the Courier 4. Enquirer of
Tuesday morning last, which we copy as an instance
of returning good sense and also for the purpose Of
accompanying il with some remarks which the nature
of the case impcratively demands. First for the
paiinsdia.
nstics injury. when satisfied that proper cau.e tor any
We make his its cha
acnr peculiarly applicable to case OF personal dererce
and which will be COLLECTED, hough ceraisy through
any agency oours became at the time u8S5 snhect o
newspaper discussion From full examination Of all matters
connrc,ed with that misunderstanding and the advice errnds
who have Investigated them instance take pleasure
appeared in this paper duplicating the personal integrity Of
hir lynch We very uaine nonaiy and under mappse
witch Us subject orregret. Il be improper,o
Lyacb which difference originated have disposed
OF in manner perfectly satisfactory to all concerned
Now all this is very we'll of Colonel Webb, so far as
il goesb but we think the reader will soon be con-
WINGED that does not go far enough and that there
are other persons 10 be propiiated and other cir
cumstances 10 be atoned for, before the valorous
Colcael be permitted to rest upon the bed of roses
he has made for himself. How stands the casel
On Saturday, January IT, 1896. Gust Two years ago.
published plain and matter of fact statement IN
the Herald respecting some of Colonel Webb's stock
operations; which disclosure so much the more
extraordinary as the gallant Colonel had uniformly
denied all such charges and pledged his reputation
for the truth of his den,as. The Journal Of Com
MERGE had commenced the exposure the preceding
day, and explicitly stated that "Col. Webb was
lame duck, as the term Isl for $50 900 in differences"
I went on to comment on this statement in these
terms
Now the truth Yesterday afternoon. about two "c'ock
Henry Lynch formerly extensive broker, AMI mem
her the board openly declared before large group bre
street, that James Watson Eeb6 him diss
pad .Ioat si2 SOC out Of pocte. Mr. Webb had
refused TO pay ana had not PAD any ga OF ese
session, part OF th1 for Morris anal Stock) together with
letters other documentary .vdenes which would prove
the allegations he then made"
This portentous intelligence gave as a report,
stating our authority, and the circumstances under
which il was publicly promulgated Even then we
to do old friend good turn, and dis
missed the subject wit h the following fair tribute 70
MIN, and impartial estimate Of his character.
ave sorry iir Webb Long associated with him in
The management OF the Courier Enqarer liking him muea
know good poais about his G. aractersuch
hoaes,y charity, rod hlnor honsr and oierabe pe
o. every virtue only e ss ahs . Ss
every Thing satisfactory viii Mr. Lynch-ahd we now
AID las far wider circulation than his own paper What
mere do"
On Tuesday, January 10, 1886, we published Mr..
I.ynchs statement of his transactions with Mr.. Webb,
which took up column end a half of figures and
column of letters, documents, vouchers, &c. proving
the balance due Mr. Lynch Sl2, 2S0, but made no
comment or observation. We only preiaced The ac-
count curren, with the expression Of the heartfelt
grief with which we were compelled TO publish this
awful disclosure Of The defacatlons OF former
socate IN his Wall street operations"
On the following day, "wednesday, Jan. 90 1867
pu, myself to some trouble and pains to cndeavor
10 cloak over the exposure which Mr.. Lynch had
made Of our ancient comrades alteration from the
laws of finance, and the Obligations of commercial
integrity tried to find palliatoHs and excuses for
these fragrant derelictions, and supplied good and
bona fde argument for the Colonels use in the fol-
lowing terms:
MIR wsbbs principal apology and best for these
,xuI defalc ann s PEI suaded ADD advised bv Mr.
Lynch 10 do and so" lie perfectly right In abuog
his moriupes 10 the aud Advice Of others lie
The victim, admit seduction; bot Mr. Lynch
h no, te first seducer Mr. LynrL found old associate
stree. wslsern Wall sedur ed according order,
pIeely without character, but with s,<I25 IN bis cket
How could any man such armpiasns During the
that associated with Mr. webb, from 1929
1852 many the lessons OF srne and prudence and
oti, that instled bis youthful, artable and
ceo,ble mind scholar FAR capacity oud
90 and drark 10 the drsughts the BeEneousn philosophy
oepd In TRUTH lie rgh nave been sn1ther Jo
en for purity and good uckhe might have risen be chief
governor land Of Egypn that old but gay decever
ampag ng inis The Office and captured fesd heart
The ~ loan of t5.725 from the United states Sank
Pr,ae IIenry could Withstand tasaf how coud Mr
with sud Msjar Noah, -ias Burro~ and Nick BID
here il his hes, defence Col Webb " indeed victim
uriinn-and Noah for that in v weeping and ~ang
IL sar krloh AMI That the the Star fst
unw a dsvs. with consciencs cannot lke
=, ;ole and 20 along A. tn unfortunate vicis
the Coonel-we shall not desert him ~ his mis- ounes Al
than gb he nov stands lynced mo awiu, there i yet locus
Darrir We must lind out quiet. well couducted
reacefu NsgdaleE asylum Tor our unfortunate friend nv
e,s ,ob.' disciplse such valuable institution, he
recover equanimilya uoety 81 his viue-and portion
valuable qualities we formerly ns'ed into his youth
fnl mind
Here the candid reader will perceive tina, strained
every nerve TO smooth over this panfs transaction,
TO gloss ever the anomalous conduct of my colr,re,
and to give him every credit We volunteered our
personal knowledge Of his gentle qualities, his
,air,C his innocence OF soul and those amablo