Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1845-10-01

The large majority we have in ho,L Houses
and the good feeling eriuCed 10y the country
towards Us consequent ON the LARGE vote Civ
en- by The City to the Democratic candidates,
together with the important Object OF reliev.
ing O,I i1inmany from it's embarra, m 'nto.
Win oiliER CONSIDER ATOMS. pre-
antlv.
The following plan of q Bank. think. will
effect the object
The Society of Tammanv To be PRlVII-
stock
The capital TO be FIVE HUNDRED
THOUSAND DOLLARS AT LEAST.
Inc Bank to be authorized To loan the a
mount ON their bond, at am interest ut three
per cent per annun the loan TO b. for three or
four years.
Ii the Bank divides six per cent on the
s,,,s tle SoClETl would receive THREE
iiiooShND DOLLARS annually over and
above the interest ON the loan. which in th,.r
years would amount TO $4,000.
In the mean time the stock would increas,
IN value, and if sold at the end of three u,
iour years would probably be worth ten pei
cent above par, netting a clear gain of $40 ,00C
ny which operation the Society would b. put
INTO possession OF $4,000 a fund more than
sufficient To clear of the ncumbrdncc
My opinion YOU no doubt know j. in oppo-
sitlon Ito the increase of these Banking M1n-
oopoles IN the City-but the Legislature
WILL make them-and therefore III WE
must nave them, there cannot be more legit-
innate object To b. effected, both la a party
point of view, as well as the charitable attn
outes oil the Society, than the one alluded to.
you think well of the matter. | wish YOU
would consult some ofo leading men-anl
~, on oue consideration, the project should be
deemed proper it will be necessary that a no.
tee should be published of the intention to APP
ply, winch YOU know may be published with
out the name of the applicant.
wish to be distinctly understood that
cannot serve IN any of the Offices created by
such AN inStitution-but any assistance can
give IN advancing the interest uf Old Tamma-
ny Will be cheeriully afforded
/ am, withdue respect, yours &c.
STEPHEN ALLEN.
Kicl and cool, isn't it, Didn't succeed.
though-probably through the grccnncss OF
some country members or the want cf the con
s'itu'ional majority of Democrats in the AS
scmbly that year.
Here Is another piece of the same CLOTH
II appears by the Evening Post that Mcssrs.
lhad. Phelps, ID. X. TallmadSe. Saul Alley.
w. Is. Lawrence, Stephen Allen aud Jesse
lioyt We're in April, 1886, appointed Com
cure from the Legislature repeal OF all laws
restraining or limiting the business of Bank
ing to regularly incorporated Banks They
publicly reported that "A portion OF them at
tented To tins duty, but met with no success,
OWING To want of knowledge and lihcrality
In the Legislature. The following, however,
l. a private report from u part of this commit
tee IN Albany TO a member OF ii who remained
III the City, which will BE- found good deal
shorter, more PERTINENT, more Ineligible
'han that which appeared in the Post
viz:
MR. THADDEus PurLPs, AT albany. no Mn.
JESSE lloYT, AT NEw York.
DEAR Hoyt-We arrived this morning and
have already accomplished won ,ers. OR in
Jti'cnce has already made sir Banks in the
House, (no fear OF the Senate and by to-
morrow there is very little doubt we shall
have made twenty or thirty more You fell
lows who are i'll favor of the Rtpcoles may
all no. go TO He'll in your own way. Con-
slider your restraining law repealed. Consi-
der me ii partner IN the Banking Company
put in 1000, 000-Call on John Ward for
the money. No more at prescnt-your low
ing friend,
THADDEUS PHELPS.
arrived on Monday morning" % April.
Monroe has sent in his allegiance-and
the Native American party. MAY
so 10 the d.. Boat of
7. F."
The Hon Benz. F. Butler has attained a
very decided success in his three professions
OF Politics, Finance aud Piety drawing hello
ior the other two from each. but especially
from the Piety. Yet il is known that his
earlier adventures in Finance, as President
OF Jacob Bankers Washington and Warren
Bank at Sandy Hill, Were not very success
iui--at least not in the public estimation
Having been born in kindcrhook and school
Ell IN Mr. Van Buren's law Office. he went
up from Albany to Sandy Hill carly i'm 1919.
10 take charg" of the Washington and War
rem Bank, which did not regularly fail until
quite late III that year, though the way il paid
Tor months previous Is matter of lively ira
dIilon through all the Champlain lam region
and Is cdpltaiy portrayed in Benjamin, con
hdential letters TO Jesse collected in this vol
umc, oil which we can make room for but liz
tie. But let Picty have precedence in all
things.
BENJAMIN TO JESSE ON THE GREAT SALIVA
TION.
SANDY HILL, March u, 1919
DEAR FRjEND
You have really fine
state of political confusion at Albany. |
thlnk the situation of the Governor, DE Wit
Clnton) Is daily becoming more desperate.
am more and moge pleased with nv du-
ties. They require industry aud attention,
but they give me more leisure than ! had i'm
Albany and furnish me more easily with
sufficient to provide for my household
The only difficulty here is TIE WANT OF
the stated PREACHING OF TIE GOSPEL.
Had we faithful and respectable minister.
and were the people more anxious for and at.
tentlvc To religion. ! should have nothing To
ask for, but the continuance of health To- make
this place delightful. The contrast between
Albany aud Sandy Hill in this particular is
great. You do not at all estimate as YOU
ought Z" The Gospel is either a
'.savour of life unto life" or oi death unto
DEATH And how can those escape who
neglect 80 great salvation"
Yours truly. BENJAMIN +. BUTLER.
Now, after grace for a touch cf Financc.
SANDY HUI June Seth 1919.
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