Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1838-02-16


that The Bank was To he under he patronage Of
Gol by ulmse commandment, it was to bc cs,,h.
li.hr. u was established no, ouy wj,l,,,, ,he
s'nrIion IL hh, ln contrary to The express pro.
hdhillon rf The statute. Jo Snnh and o,hers were
prosecuted CIR HE penalty ron.cu,cn, upon their
urlaN l"I proceedings. Bat he was Mt 10 lie in.
lin'd,cd-- he informed hi- followers, while bar.
ransuug them on The suhj"cr. in his cmple, nv the
arm Of lie municipal law "I'll stand The racket"
said he, Sand You may 20 on about your business.
u the Legislature refuses Ia give rs our r,ehs we
viii take them wuh,ul their gft We have u rioht
to hW" bank here, il we pay for it. II they
impose - fine, we pay the Gne, and ,ha, makes il
lawful. ha'e arlgbt 10 hursewhip man, ir nav
for it, have u right 10 freak The law, If | nav
for it," Long before This however, aud but few
DAYS aicI II had commenced business, the treasury
Of jos God was exhausted, and the Bank stopped
payment. Valous sube'fuges were At first resort.
ed 10, in order 10 escape The penalty oil The law
The sr,I1 Of the bills ms they would strike The
eye Of person whou, the chsesi Inspection was
"lhe knrl,nl Safety Society Bank" But before
the word "Rank" was printed in small type, so as
scarcely to he leghe even by the closest in pcc,ion
"anli," an! alter il cling co" so that in truth
instead Of Bank as they would have ii appear, The
style was AMI Banking Co. This miserable sub.
le,inge however was soon abandoned. Some of The
ills wc,e sigued - Smith Jun, Treasurer, S.
Rgdon Sec" some IS. Rglon Prpsi., J Smith
Cash, - some IS. Risdpn Sec, n. X. Whitney
Treasurer + ."some "F. G. W illi.n,s sec r. /.
y. X. Whirnc. Treasurer L. >" some r. t,.
Williams sec. T.. |. IT, Kussuury Treasurer :"
and under some other signatures The bills we're
issued. Afer HE cedu Of rhIs concern was lost,
several attempts were made revive it. The
uuhouhlrl Influence which Jo had owe, hi. ionnrant
aud leu'lrd rllows, and hr inplcil f,i II which
the, had in his PIE c,inns GOMEZ, ming it., ultimate
succrss were favorable 10 these attempts Il is
true rh" Gath of some somewhat shaken, and
one Of Jos twe,e apostles di>tnse brother
in ContdAnre his suSpicnns thai "Jp. Smih's God
was not ihc God he was cracked up to be-" yet
these hu,hr,l, aud the gulhbilitv
Of the Mormon. wa. >nbj"cel 10 further rml.
Il is proper to ,'m"k here, Ih,t these people,
since the fl agiralion of the subject of establish
/ ing "A bank among them, el,ed wuh what
seemeI to them the certain prospect Of soon
becomng imnen.eIy rich. Ia this hope they we're
encouraged by their leaders, especially Rigdpn,
VIII laug hl them that in wealth and spentpr the
"saints" ought to excel all other people, so as 10
gal, the respect and admiration Of men in high
places. "Ilnwever," said he ''snme may say it is
hard for rich man 10 enler into The Kingdom Of
heaven : yet that is no reason why he shall not
become rich AFTER he gets there" Such n.ruc.
lons as these, need not add were quite welcome.
aud their effects were soon manifest among these
slater saints who expended what lne they h,i
III luxurious living and costly equip GO. as far II.
their 'n all would go. aud 10 debt i,r the
balance. Large purchases made by them Of
merchandise and lands upon credit confident that
The earth was Jo Smiths aud The (uness thereof.
/ They had been taught believe, and did seem to
think, that The bank 10 he lie Lords treasury.
where, Jn being the treasurer, the Drafts Of the
latter saints would without an, questions asked,
be honorcd al sight. When called upon TO pay
their debs the atenrion of The creditor was referred
to The B.o> about 10 commence business.
/ IS am ininneh acquainted With the transact
ron> If these people | do noj hesitate To ,ay, that
one Of The r,nrira ohccs If this Ennk was 10
s"ppnt Them in i'l'cne.>, relieve her embarra.s.
mcnI, and enable hcm 10 prosecute their mischie.
! >ous impo-tre.
] utlpr ri
the" hills was 'mncdl,irl, put iun rirculi,nn and
r''s'd current w''h .nme N the ne.hhn, hood far
= f." DAYS "hrh hey ron,inmd ia redeem. which
! ia "h d'i ~" 'Nrr"I zen days Il, MT knn,v
what amount "l specie Ind, started VIII. The
most eN'rnngan, Statement. were rur forth, and
""'' " few obtained crcdrnce, respecting The sol.
>e"cv Of HE concern. 10 my personal know ledge
| II va, stated by 'hnsc principally conce, ned th,t
the> h'i in their ,luls money To the nmnuni of
! i 23O 600 h,fnc commencing business. Nobodv
he''r>r' h""r,er nat they had one hnndredh par,
Of that ,unr. As ! have a"aly said after The bank
had flld, as every bod, knew it must, atemps
were made 10 revive lis credit. The pulpit, and
The hoI, Sdhb,h wee 1t voted 10 This olier, Tine
ha"N' ana III" duty of the people to bring in their
nhe' 'no his Store house, The theme in almost
every sermon fer m,Gy weeks. purlng the a.ira-
I'"n OF The suhl"rl u cerlai, broker Of doubtful
character, hn Of The "gn ahead" race, came along
l""e'"er ny 'ha"re or Invitation | am unable TO
sa>) and offered his services to assist them. or
'"n'S" II was concluded that he was "A messenger
from heaven, sem 10 aid Them in this extremity.
'he temple WAS Immediately converted into a bro.
ker'S shop Tor The Time being, and every man that
h"d dollar IN specie was persuaded 10 come for
ward and excha"g" it for The bulls Of The Bank Of
Monroe, Nlrh) in winch hls b,nker was deepIv