The Arkansas banner., 1844-05-29

same; if they have not surrendered, they will
 will now enquire, what is the power of this ingenious ATTORNEY? He says. he ..je in for Iite"-"he drelo 1 for himse1f f,stS he acaS no fool-he made t C qatter of COW TRACT tor his olcn PLACE and sALERY; and J tHey don't like 5t they must lump t. THe asstgneeS cal' do nothing uith him.n Thus, according to him, they can not get clear of him Ii they wouldi and are a mere appendage to hlm-a merc tail 10 his kite. And it is clalmed, that they would not get clear of him if they could!
 Hose long shall Jus State oJf tti,sgs !ast 9 ask this of the assgnees. They are gen tlemen-they are prudent men-nen of sense; and they are not only personally deeply interested, but they are acting in such capacity, that though willing from personal predlilcton to sacrifice themselves, they have no right to neglect and sacrifice others. Is not the salary of one, at least of the two officers you employ Q consuming shame to you, as the guardians of the interests of the stochhoIders2 Is it not an outrage too, upon your common sense? Two THOUSAND TWO HUNDRED AND FIFTY DOLLARS IN SPECIE, anaualty, not 10 mention office room, for an V4HoraeyM
 Would he not jump at it for 5000 annu- ally What does the State give her attorney for the Principal Bank , She gives $500 i'll Arkansas money; you give equivalent to S4550O III Arkansas money The State Bank Attorney has very nearly as much to do, as the Real Estate Bank Attorney, with the ex- cePtlon that lie does not travel 10 the Branches, to court. The docket in Pulaski is covered, 1t Is said, with more than 300 State Bank suits. But say you, the State does not pay half enough for the labor done. This is ali trash. If the State did not pay enough to get Attor- neys, they would not be had; and even if the charge be true that she does not pay enough, her policy Is moro correctt tAaa yours, though resting under no part of the obliga- ton which is upon you, to cheapen labor, and conduct the assignment to close, in the most saving and economical style; for she acts for herself, and you act as the agent of the stockholders and as the GUARDIANS of aeid0aced mothers and orpkaa children, whose inheritance Is locked up under the Bank mortgage, and now wasting away - There Is no justification for it. In times like these, where IS the Attorney that realizes in al his practice $2,250 specie annually ? He Is not i'll Arkansas. In times like these, when all other things are reduced down to their true value, when living and every thing else Is eheapened to oRe-tbird what 1t was, YOU STILL PAY {s2,250 for services that could be had for 5000. You pay just SEVEN AND \ HALE times as mUcb aS ttc State pays, for rcry nearly He SAME SERVICES.
 Do you not know that the Real Estate Bank IS 6roken9 Do you pretend 10 6c fRaacierS, and yet not see that the debt to the Bank cannot, at the most sangune caell- ladon, come within ono aeboie foHrlh of pay- ing fof de bonds, and the interest accumu- lating on them, and daily compo4adiag upou eeery cap0n2 Have you been Banking so long, and Is 1t incompreheasi6lc to goa, that with all your heavy losses SUStaiBed and StiH bcaUier TO BE SUSTAINED, iR tHe siG years yet 10 clapSe, that it is very possible your Bank debt, when realized, will not pay one cent oUer onc-hdLf of the bonds issued for your capital, and aH the interest which will accumulate and compound upon them { Do you see no prirate ruin under all this ? , Will not the morigaged property of the stoekholder be sold to pay up the balance of those bonds Hope you that the State will fatiter your mjsfortHaeS, or release you from your just liability?
 You may pass these considerations with out notice, but you cannot clear yourselves of the acitu waste and sacrifice which you make of the Bank means, nor of the public ceasUre to which 1t must and will subject you. More than 5000 salary is worse than to abstract 1t from the vaults of the Bank, if only applied to some object of charity. The Attorney may say he riH aot take 1t. He will , change his mind. But even if he does mol, is there no other lawyer in all this State? What was the object of winding up the Bank, if it was not to save 1t from total ruin, and that it's assets might be managed with greater cer- tainty and economy? In my opinion, the Attorney after this, will offer to take Sl5005 { but it is an outrage to give 1t. His contract ndecdi Are you to be gulled with such talk ], as that2 What consideration will he have upon which to recover? What interest did he put Of had he in the Bank, on which to found his mighty contract? H iS pUerite 10 sag he can not De coereed by Inc asSigaeeS. Can he not be put out for corruption in his o6fce9 Or is he Attorney for life, independent of good behavior? 1 understand and am bound to aIlege, that he hds forfeited hiS ot- flee by corruption, aud ought 10 Dc remored. , And further charge, that he has prostituted , the institution, upon which he has so skill fully engrafted himself, and its po,cers and | best interests 10 political purposes; and that bc ought to De remoucd; and fur.hcr charge 1t, that the ss Yankee trick, ," which he attempt ed to play upon the assgnees, ill making tis : office, as he says it is, c perpetual right i1 f kimself BY WAY OF CONTRACT, thereby mar 3 rying himself to the Real Estate Bank, with l indissoluble bonds, and making himself its = lord and master, without the consent of the l stockholders, or their agents, PeremptorilJ 9 requires him to De dismissed, The stockhold- s CTS and directors kno,c mol the effect of the s ,4ttorney'S contract. Interest, interest, is his $ constant aim.
 In srhsenupnt communications. 1 will elu.