Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1842-03-17
N. Orleans, Feb. Goth, 1912.
7S HE Editor of The Galpesfonian.

SIR - have just this instant seen an art-
Gle in your paper of this morning, copied from
the N. o. Bulletin, in relation to the employ
mcnt of a credit which obtained from an Am
sterdam House ona pledge of the bonds of the
James River and kanawha Company of Vir-
ginia.
infer from the article in question, that the
President ofthat Company did not commune
cate to the Legislature of Virginia, my letter
to himself disclosing the fact, the manner in
which | applied the credit, the motives which
influenced its use, and the security which at
tendedits application.
1t is to the use of this fund for the service of
the Republic of Texas, to which refer in the
article which ! addressed to the people of
Texas, under date the S,h of February, from
Austin. BUTT is due to your Government to
say, that the fund was thus employed without
Its knowledge or responsibility in the smallest
degree.
beg leave, however, to correct two mate
rial errors in the statement copied from the
Richmond Wing. have not sold single
bond of the Company, nor are they now pledg-
ed in any shape, or to individuals, by which
their sacrifice at present is possible The a
mount, instead, of $4,000, is something less,
than $4,000; but ifit were ten thousand far
things, should not feel the less pain for Gull
pable indiscretion, for which am sure shall
the more readily obtain the forgiveness of my
worst enemies than my own, into which Twas
betrayed by believing that the certain negotia-
ton of the Texan loan, rendered diversion
of the fund in question entirely safe, if it was
in no degree jmstifabie. Indeed, | designed
for the convenience of the James River and Ka-
nawha Company,a reciprocal employment, for
their temporary use, of the funds expected
to derive from the Texian negotiation, which
] communicated to the President of the Com
pany during the last summer, without his CEN
sure or animadversion. AS it is, l must be
content to suffer the penalty Of the result
rather than the motives of an act, in which
scarcely need protest that intended to do no
wrong.
will, however, say to the President and
Directors of the James River and Kanawha
Company, what have said to the people of
Texas, that lift requires the sacrifice of every
thing have on earth, and the vasalage of the
labor Of the residue of my life, every tarthing Of
the amount Of this sacred obligation shall be
made good. return to South Carolina to-
morrow, to render efiectual the securities
have given the Company.
hope will DE pardoned in making one re-
mark before close. Ifthsse is a distempera-
ture in the times in which we live, which makes
even those whom the Richmond Whgis pleas
ed to think were "once the soul of HONOR"
commit acts, which produce both pain and hu-
initiation, the era seems likewise to be mark
ed by severe and memorable sense of justice,
which induces others, who, perhaps with a just
sense of their own worth, may thank God that
'they are not like other men," to sacrifice aric-
tim ,oithout epen calling on him for restitution.
But it is not in the power of the J. River Com
pany, or all the companies on earth, to sacr-
fee me. know, in my own heart, that am
an honest man, and if God spares my life,
will render both restitution and atonement to
those to whom they are due.
Very respectfully, yours, SC,
J. HAMILTON.
GALVESTON, TEXAS, Feb. %, 1912.