Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1841-08-04
The BEAUTIES OF FEDERAL BANK
WEIIGCERY

Alter some pertinent remarks on the late Bank
robbery at Jacksonville, I'll the State Reriaer has
the following postscript. We give II entire. as We
believe one OF the best ways to convince honest peo
pie Of the demoralzng tendency of our presen, cor,
rup; and viliainous banking system, is to keep the
acts OF these immaculate shnplaster worthless before
them. How rery like the proceedings Of Bidd.e's
and ofthe Frederick County Bank of MARYLAND. IS
this Of toe Pork and Produce Specuia,oy oCIuino,s,
rob You OF one thousand dollars, and give YOU back
eight hundred to say nothing aJouta! Glorjons
Glorious Fmanciering by 9. all the religion talent
and learning IN the land When Will the people
lay aside their Prcjudiccs and examine these ire
mendous s"indling operations IN their true light
POSTSCRIPT
THE BANK MONEY REcovEREp-A RANK PIT *.
MAskE0--A CURIOUS ARRANGEMEST-A SAMPLE
OF BANK MORALS.
eli TIA surely age Of wonders. Even
here IN the est, We have share Of the pecula.
tons and robbere, with which the banks these reg
uiators 81 the glorious credit system, are enlyenug
aud enrchiug the history o. the land Last night
brought news OF the recovery of nearly all the
money, lately taken from the branch at jacksonville
ard this too ~ way decidedly more marvellous than
anything connected with the Fredrck County Bank
robbery Our worthy president, Col. Mather re-
ceived anonymous letter, telling bim whore the
the beginning.
+ Some several years ago. young from the
east took up his res dence here the city OF Spring
held The exuberance OF MS sanctty brought hun
into among the strict crangelcas of tins place
and recommended hm 20 th especial favor Of the
sanity pres dent of the bank and ms little clique
Nr. Town was carcssed and handled and toasted
by these persons, and put up an example to the
western boys OF the beauty Of Godness, and the
moral excellence of mind fashioned in Connect
cut. lie WAS IN all respects man TO be patronzed
By the officers Of the bank supple nsinuatIng
young hypocrlte, who could with monksh CRAFTY
abuse rowdy,sm and rascalism, and particularly To-
cotOcolsm, while swindlIng and plunderng the pub
Ire. These are measurable qualities for a bank
officer and accordingly, Mr.. Town, though per-
feet stranger to all about Jacksonville, was trans
crreG To the branch bank at that place, to act a.
confidential teller Of tn, Branch. His manner Of
living soon became expensive and extravagant, and
after the most improved models of - fnancIerIng
he MANAGED 10 spend three four thousand dollars
year a salary Of SIX hundred! All this was
known to the managers, but strange 1t may SEEM
II only served 10 eudear him more TO our ndul gent
Mother Bank. The recent resignation of the Cash
.er, Mr. Rockwell, made it necessary supply his
place, and Col Nia'her and his set determined to
appoint Town. Whoever knows these gentlemen
must know that the man VINO dares to thwart them
~ any idyonte scheme, Is marked, branded and cut
Oft from the hopes of pecunlary favors. and yet
tins OCCASION couple of private directors found
i00l-hatdy enough TO oppose their wishes. and by
t,.,o VITA the State directors they defeated Town
and rle,tct u gentleman named Brothers. whose
Qualifications, - only Intelligence. honesty a.d m
d.,eudenre, The f.mness of the Democratic State
ID rectors tim, defeated Towns election. But this
was defeat not TO be bo.ne by Mtther. and his PHI
ant wing Instruments accord lGly plot ,oasJ formed
10 sacrifce Brothers, and still ap.'"ht Town. o
effect tAi>, Col Aiather procured Nj. Town To De
instructed to resign ms cerkshp IN order - e;9oar
rass the new cashier and TO embarrass hlm St..
more II was determined here IN bank caucus that
has tond shouid not be approved! In obed ence to
these instructions Town transmitted his letter OF
resignation To the Bank. Ue hare seen The itHer
"a tie hatdS Of u director.
Tins Is enc # those samples Of Bank morality
which passes well what called the upper class
es, but would be downright rascallty IN the common
people. While the plot was beng concocted in
Springfield, Mr.. Fown WAS connecting plot, IN his
own way, IN Jack>onv lI.e--and 10 on Monday
morning, being Just SIX days after the election OF
Brothers and before he entered on the duties of his
Office II VAS found that the vault had been entered
duung the nIGht and robbed Of 10000 dollars IN
specie and $500 dollars IN notes and as an in
proycment on bank robbery, all the notes dis
counted by the bank were burned, and the books
destroyed. II was gwen out on all sides by the
bank thut the vault hld been entered by fIse keys
and The llllroan, paper controlled by little whig
clique at jacksonville, openly denounced every one
who would dare 10 suspect man OF Mr.. Towns
TCsyccfdbte standing. The people of jacksonville,
much TO their credit, thought differently and know
ing that hr. Town slept the house and kept pos
session OF the keys, they had their suspicious aud
IN spite OF the illInOan and It's clique. they ven
turcd 10 give their suspicious vent. IL also leaked
out that Col Mather had made proposition to
Town, that It the money restored the whole
matter would be hushed up aud 1t became
obs OILS that some kind Of an arrangement was on
foot between Town and the bank.
+ TINS raised the people VINO kept strict watch,
not only Oh the motions OF Town but OF Mather.
On Tuesday morning last Maiher left jacksonville
Wagon, and on leaving informed Mr.. Scott,
the hotel keeper there, That he had found the money,
ana taking IT TO Springfield and that h. (>cott)
might inform the people 10 take no more trouble as
TIM matter ended! soon after his departure
Scott gave the information the people became ez
cited arrested Town. and pursued and overlook
Col. Mather, and compelled hun to return with them
TO Jacksonville.
How II VIII terminate have not yet learned,
but the people determined To put the saddle on
the right horse. THIS as II should DC. The mass
are honest and may they continue so until their
eyes opened to the frauds, inquiries and villain
lles OF Banks. Ii must have been amusing sight
20 zee Matter and his Wagon Containing the wreck
of the Branch escorted back by a crowd 10 Jackson
VILE.
The story is that Mathcr received anony unoos
letter disclosing where the funds could be .ocad.
! / hey may tell this to mar.ncs. \ few days vii
make further developments.
ADDITIONAL POSTSCRIPTi
We learn further that Town has confessed that
he has been robblng the Bank for the last years
and has sIuandered $1,000 Of its funds III this man
ncr. lie arrived in Springfield yesterday on a ha-
bcas corpus to the Supreme court, IN session.