The New York herald., 1845-02-21

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oot ere.kis, With HIM was requested afterwards 70
ask him to call and see suydsm Safe Co.. and did 30,
remarked that but very small portion of the property
had forward and he remark ID that he had ali and
,srnoon; the next day psrsusdsd him to move to the
and he did the next afternoon DR. Watts
Afterwards Al ouT and DR. watts
aim hat ne had got notice that he going to be sued
musb soarsntss By Warner Gregory Co. he had been
one OF his deposits from Suydam, Sage Co to Warner
Gregory and Coz he had been down to suydam. Sage
here and he then said that he had signed to
oe sent to Warner, Gregory Co; A. said think you
then said that he found he liable to suy DAM Sage
Co for about and that when he signed the receipts
Adams told him they were to be used for boat loads Of
cri ninal Of him. and he hated that than all; that
ne had come from Ohio because he very much
secured Adams said, Dr. have got 81 OOO and will cut
Of my right arm before you shall suffer cent? that he
up the deficit in money; that he would wait few days
ne would satisfy him that il all straight
Dr. w protested that he had never signed any suran.
tee to W; g. & Co One afternoon, Dr.. Watt said he
must 60 home and wished to have the matter arranged
first One evening Adams came in and brought receipt
releasing the Dr. from the guarantee TO W. g. Cot the
Dr. said he didn't care dn about that but he wanted
70 be released from the g. Co.'s liability Mr.. A. on
another OCCASION said he had paid Sle 900 10 Co.
"a ac recess Of I've minutes, after which by way of
posed upon nve non. attendant officers ofthe court)
Testimony resumed went down to 8. Co. at their
requests and that they refused to apply So 900 to the
about s2s 600 Mr. Adams sid me tho on the closing
be applied to hquidatng the receipts OF Watts 1t was
thought that there would be about due Adams On
10 the %
Watts suydam, and myself, had returned from riding
excursion When wo returned, learned that he had
gone to Philadelphia. know Mr.. Wallace ha s bro
heriniaw OF nne; he was here while Adams here,
but Wallace left for Ohio first, about week before
eft Saturday. Wallace returned from New York on
sunday (havng gone to New York from Philadelphia
Or that he had been advised by Mr. Bnnsy, that the
Dr. could make appear that he Adams) had proctced
raud upon him lthe Dr2 that s. 8 Co could not hold
ledge any thing and said he had written to Dr. Seymour
adopt similar courses aud that (Adams had got out
in New York Dr. w. appeared to feel insuted at this
proposition M "a paper APE presented and MARKEDLY
a. s stafs M ss o ~ oOk the court
| EVENING SESSION.
AT quarter offs o'clock the Court proceeded with the
Testimony Of Wesson When came here in February
was convinced that the pork speculation would be
wreck and gave them directions to sell off at any price
had about 20 900 barrels of pork coming Some other
testimony adduced, but unmportant
Gross E1Smnsa o ml lived in Chcothe about years.
tore when first went south returned went to Texas
md after returned to Chcothe and went into business
my own account; took into partnership man named
Thatcher in the grocery and -four business dssov
I'd about is40 and carried business upon my own
accounts used to buy wheat and corn, and take into
warehouse; used to ship it to Cleveland and to New
York; man, by the name Of John Waters was nv com
lass In ls4l, went largely into the pork busness-te
the extent of about 5000 barrels in ls4a in the fall er
George Douglass killed about 20 600 hogs porH wa, W
about so or 81 per hundred and they would averags
than two hundred weight apiece otha it required
bent $50 OOO had not great amonnt Of cash capi
all expect had $40 000 it capital to me- for had
ny own stock Of goods down on purpose. 4 had bought
$50 900 at the Ohio Life and Trust Company borro
sl4 Geo Of the Clinton Bank Of Columbus: $4,000 and
bought some p property on times M think Mr. Douglas ac;
the house Of Douglas and followed it in the spring
ls4l never had any connection with suydsm, Sage
Co. till that spring, neither did Mr. Adams; had mis-.
understanding with the house Of Douglas and thought
had just cause CAME say that knew Adams had con.
otransfer my business to suydam, sage s Co.; Mr.
Douglass would not sgree to advance over than
ered to advance $50 900 the same amount Of pro
,erty. They were to give me accepted drafts or cash.
he drafts atfavor time don't know that went to work
poison Adams mind in regard to Douglass but wal
atis6ed that he man too tmid and too
ave the control Of large operation had every conf
friends then about it, think stated to George
Douglass that Adams had been sandering him his son
Benjamin. knew that there was friendly feeling
sting between the Douglass and Adams and his father
think might have written to Samuel Adams or his a
her, to induce him to think all OF them In the fall
wrote Mr. Adams that the Douglasss had not treated h
sister with common politeness don't recollect doing
| any thing to prejudice Adams against them. think
while was here, received letter from Adams, expires
ing that he not good terms with them, for that
his sister had been coldly treated BY Mr. Douglass "a
Adams to get g. s. & Co. to do his -four business al
hey we're willing to make advances &C. and would be
September respecting the winding up Of the consign
nent OF flour to Douglass and the difficulty arising there
ny Miss d. and other matters not having any particu.
lar bearing on the casel returned to Ohio in June,
md we agreed to go into -four operation. was
come to this city to be the specuator He fur.
sh 81 O0s as his part OF the margin had no -four on
,and in Ohio then, but had wheat hal funds in g.
& Co.'S hands, had contracts ON farmers TO deliver me
wheat after harvest did not. Of course deliver any
dour to Mr.. A.. not having any on hand. When came
70 New York. brought three receipts. Receipts pro-
uced) The first receipt in my handwriting, and sets
orth that samael Adams has received from Saunders
wesson 5000 barrels Of -four to be held to the order Of
could ge. the money from s., s. Co., the faith Of
he property pledge Of it, and tins tananoun to
RSas told him that The being pledged
the margin, and lett them with s. s. Co., and it was
! pon them that we commenced operations. Mr. Adams
lad had 10 previous dealing with 8, g. & Co.. and these
eceipts wrote myself "a number Of letters from Wes-
on to Adams in relation to the -four opsratonin the
making handsome profit, and gave account OF buying
Hour per basrt last letters contained the pleas
ing inteiisenc that the -four speculation was failure
md would probably result in loss of twelve thou
sind dollars and advising Adams give up and leave it,
be writer expressing his regret his loss looked up
Ill his pork funds; when went back to Ohio carried
'bout 900 in money and certificates Of deposit: Suy
lam, Sage Co. advanced portion of that on -four
,hipped TO England; ordered Suydam, Sage & Co. to
buy 1000 barrels Of -four for mel and besides the advances
hey made on -four put in store here, they advances
money on the 1000 barrels sent to Engand Suydam
sage Co advanced upwards of 500 -four in store
hre and about $2s 900 the 5000 barrels shipped to
tnglaud; gave Mr. Adams $4,000 out Of the $4,000,
when got Ohio paid some Of my liabilities there
i - Wood, w ent
nto operation Of $4,000 in the pork line drew
from Suydam Sage Co. awhile my pork operation
going on for about $l4S 00O made time; my drafts
we're upon recepts the first made the first Of
November; my athern-law signed most OF my receipts