The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-01-23
INCONSISTENCIES OF THE GLOBE.

4
The Globe Of Saturday night last, contains
the following, which we give entire, lest the
Globe may charge US with garbling"
The following statement originally published in
The Boston Atlas, ayiruent Federal print appeared
in the Madsonian this morning:
The Baltimore Patriot states that, one of the cir
| cumstances made public by the explosion of this
bank Is the fact thai six OF the immediate friends of
the administration In New England, namely John
| X. Simpson, Hall J. How Charles Hood s. s. Lew
/ is William Parmenter and Isaac HiA are collective
ly indebted to tie Commonwealth Bank in sum
| 600
So far as it relates to Mr., PARMENTER, the only
person from whom at the present time obtain
information, the idea conveyed that he is debtor 10
| sixth part of the sum named is entirely false He
had like every other man whod does business himself
or who has friends who do, obtained discounts of
few thousand dollars but all his liabilities drawer
or endorser to the bank, do exceed fortieh part
| OF the sum named, But the management of the
bank is no concern of his. He Is neither director
nor stockhoder Ia the Commonwealth Bank. We
have no doubt the STORY about Gov. HrLLs indebted
4 ness IS uniounded These attacks upon the private
concerns OF public men for party purposes, are ex-
ceedingiy despcabe. The Boston Alias has indi-
rectly taken back the charge against Mr. PaRMENTER
1 by naming the debt of the New England Crown
| Glass Company, which it calls PARMESTERs Glass
| Company" The Stockholders in this Company are
mostly Federalists, and men Of property, and the
years. But Mr. PARMENTER, although formerly agent,
has not been a stakeholder for two years, and gave
| up his agency year since. There has been no time
since the existence of the New England Grown Glass
Company that its creditors could not secure them
| selves by attachment on the corporate properly, or
that of the individuals composing the company who
are held liable in their private capacity.
Whether Mr.. PARMgNTER is or is not in
debted to the Commonwealth Bank is mat
ter of perfect indifference to u.s. We pub
lished his name, with others, represented as
debtors, as we found them in another journal
| We did not intimate even, the extent to which
! Mr.. Parmenter was indebted to the Bank.
From the showing Of the Globe, we are given
to understand that he has been accommodated
by the Bank, which he is now owing, about
Sl2,500. This the Globe justifes in the fol-
lowing language. 1t says, "He (Mr. p had,
like every other man tcho does business himself
or who has friends who do, obtained discounts
ola few thousand dollars" How does this
doctrine tally with that recently maintained,
that every man ,oho does business on borrowed
capital ought to break And suppose the object
which the Globe and lis adherents are seek
ing, the total overthrow Of all banks, to be ac-
complished, how is "euery man ,oho does bu-
sineSs or rvho has friends who do" to obtain the
discounts which it justifes in the case of Mr..
Parmentcr and the Commonwealth Bank
1t is but few nights since, that the Globe
offered the most AFFECT apology, for its previous
violent and vndictive course, and seemed to
promise better for tho future. We then be-
thought ourself, Gas well may the Ethiopian
attempt to change his color, or the Leopard
his spots, as the Globe to discontinue its pois-
sarde and ndecorous course" In this we have
not been disappointed, for
"The creatures at his dirty work again."
The Globe appears to have been suddenly
awakened to a remarkable degree Of delicacy
and decorum, when it discovered that these
attacks upon the private concerns of public
men for party purposes, are exceedingly des-
picable." If the Globe editor will examine
his files, for the last three or four years, he
will find himself exhibited on many and fire.
quent occasions in an exceedingly despicable"
light, in his own columns, from the same
CAUSES anu dCtS vi Ills oWi, WHICH nc hoW, Will
a mock afiectation, SO pointedly condemns.
1t is but short time since, the Globe imper-
tinently meddlcd with our private affairs,
either for "party purposes" or to indulge the
vindictive spleen Of its amiable editor. 1t
will be in perfect keeping with the character
of the Globe, if within week hence, we
see the "private concerns" of our priUate men
paraded in its columns for promoting "party
purposes" or gratifying personal hatred.
The Globe evinces little sagacity, after
having admitted that Mr.. Parmenter is
debtor to the bank, for money loaned him, to
attempt to throw the debt from his shoulders
on to those of the Glass Company. And he
says "the most of the loan is Of old standing
six or seven years !" admitting that Mr.. Par
menter, or the concerns of his !" Glass-house,"
or BOTH have been doing business that length
Of time on borrowed capital. The Globe has
given another evidence of its own want OF
consistency and principle and given proof
in the above article extracted from it, that
through the indscreetness of its editor, it
may inure the cause Of those whom it under
takes to serve.
GLOBE AND COMMONWEALTH BANK.
The Globe strives to throw on the Con-
seruatiucs the odium attached to the failure
of the Commonwealth Bank Of Boston. 1t