Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1841-05-18

VIA, sdepis the officialcorps ofthat Bank {
have been for several years back. II Is
now perfectly evident that the thirty-se-
ven millions capital has been entirely dis
Iribstsd among leading members Of Com
Ersss---leading presses--leading pipe lay
ers--and the great fHanciers of the bank.
This fnanciering, so potent in carrying
of banks, spread like the cholera, leap
Ing from bank to bank, and city to city,
without leaving trace to detect the route
T. oithe latent cOntagiOn. The SchuylGiIl
Bank--some Of the New York banks
the bank Of Richmond, Virginia--diVers
hanks IN the West--al the Mississippi
banks; indeed all tho banks every where
have had premonitions of this cholera
looseness, which threatens the death Of |
the system. But at this particular juno
ture the disorder has put on new tipe.--
lis the running away symptom, ana in.
deed, We should MT be al all surprised
from the signs OF the times, If the whole
credit system should take 10 its heels.-
The success aud impnnity, and response.
bility, which attends this NEW MODE Of
running of with the effects Of the prOdu-
cling classes, deposited IN banks, is great
encouragement 10 the appeal Of the law
making National Treasury, aud the sur
render orthe public money to the custody
Of the fnanciers.
We copy this morning from the New
Orleans Picayune, an account Of stupen-
diOus system Of swindling, by which the
banks have been delrauded to very
large amount. The Crescent City also
contains accounts of other bank frauds in
that city, in which the discount clerk OF
the bank Of Louisiana, aud the receiving
teller ofthe bank Of Louisanis, are invol
we'd. Both who Absconded. The tellers
name is DSunois, and the discount clerks
COllson. Tho amount abs,racted by over
: drafts and embSzzlemeut, is various.
y stated at from 100000 to S l50,.
600.
ACCOMPLISHED SwISULIN0---A LARGE
BUSINESS on A SMALL cAPiTAL,-One Of
tho most extraordinary cases Of winding,
AS ingenious and daring as extraordinary,
which has been for some time developing
itself, is now creating great excitement
In this community. Tho exploits Of Stith
Hines, and King, are completely Oclips-
ed, and the climax Of rascality has been
attained in tho present instance; the par.
ticulars ofwhich we give, as follows:
Two men, calling themselves Cham
hers and Maceky; were some months ago
residing in this city. They had original.
lya capital Of about 81 900 out Ofwhich
they have managed to raise something
more than 100000, by means of swim
ding! One is said to be native OfNew
York, and the other Scotchman. Cham
bsrs sppeIrS 10 have been "HEAD DEVIL" I"
and bis cunning, cool impudence, and
knowledge of finances combined, stand
unprecedented in tha annals Of crime
He was arrested in Baltimore on behalf
sf the Charleston banks for frauds COM
Mittsd on them, and sent TO the penitCn-
lisrY, where he served out his time.
While here, Mackey kept an account
With the city and Commercial banks, de-
posting and drawing small sums frequent.
II, aud on one occasion he oVerdrew AT
the city bank for $4,000. After this he
kept out Of the way for several days, but
he was finally arrested, when he said il
was an uuinlenlional mistake, refunded
the money, and had the matter hushed.-
From Mobile he correspOnded with Mr..
Hall, cashier Of the Commercial Bank, ,On
the subjects Of the finances, exchanges,
&c. From this bank he obtained Two
certificates Of deposite-One for $50 the
other for 5 1000, in specie. The 500 he
raised to $1,000, which was presented
by man in company with Mackey. The
paying teller refused to pay il, saying il
was not in the handwriting Of the receiv
ing teller, who on being called, at first
said il was not in bis writing. Mackey
laughing said 10 hm-"whai, deny your
own hand writing! Don't you remember
having given me that certificate the day
sfils datei Refer TO your bOoks.".--
This was done, and the date, number, ,and
amount Of the certificate were found IA
aRTss. The money was paid and moth
Ing more then thought about it. The
genuine certificate for 1000 was retain
ed By the villain, and 10 supposed 10 have
been altered 10 . much larger amount and
sold.
Mackey Afterwards got several o'heI
certificates from the same bank on spe
cial depOSits, which have all been altered
and the counter 10 already advised of SO
ven which were never negotiated BY the
Bank. One for Sl3, 900 was sold at Lou.
isvills, enc for $4,000 q, Cincinnati;
aAd enc At Philadelphia for S2l, ,O0o; and
enc 1t New York for $3.50 besides
OthsEs not rseOllsCtsd. Mobile CONNER.
eias Register,