Iowa capitol reporter. [volume] (Iowa City, Iowa) 1841-1855, 1847-07-21

~ iS'ay Neoio ~ ~ i'itihS LOT TIE constitution
al Convention, executing the orders of the Con
ate, &C., for which we had then in. our nocko.
some $4,000 of the States paper, we were abso.
llutely dependent upon this loan for the necoS-
sary means to make our purchase for fu,6,1;nu
our contract. While at Burlington, on our wav
down, we called upon the agent to ascertain ,ho
prospect of speedy negotiation Of tho lao,
winch, from his representations, all were ev
pecting, and particularly whether, as he or n,
.'friends'' for him had given the assurance b.
had obtained, or was likely to obtain. the tom
porary loan OF five or six Thousand dollars =,
Burlington or st. Louis
He Informed US that he was about 70 star, ,o-
ST. Louis, and by his conversation led ~. -
hope that he would procure portion Of the
loah' say one half, In that city; and, in case he
could not, we both concluded that his presence
there and his representations, as agent 10 bus;-
ness men, would enable us to procure ,s ,,roh
money upon our warrants as we stood in mod
oil. This decided us not TO sell any warrants in
Darlington, as otherwise we should have done
| we met him at st. Louis, and to use his own
very respectful language, "AccosrEp, him
which we did the more readily after beinr in.
formed by him, without any prompting on our
part, that he belonged TO an ancient and honor
apie fraternity oil which he had learned that we
were a member. Ascertapng that there was
no prospect Of procuring loan there. he re-
terred US TO some of his acquaintances, who. he
! SAID, he doubted not would accommodate me
assuring US at the same time that in the event
| oil our failure to obtain money elsewhere, he
| would freely loan Us two or three hundred dol
lars. We then made our arrangements. with
the Certainty, as we thought, of that additional
amount OF means.
railing In every attempt, we finally applied to
Mr.. Cooibaugh for the loan thus voluntarily
Pfohered when, for the first time. he informed
US US mat ne had use for every dollar of his money
| we then proposed to sell him warrant for
Sioo at ten per cent. discount to which he par
uculariy objected, because, being agent, he did
not wish to lay himself open 10 a charge of spec
ulating in warrants. This objection we remov
ed by setting the matter in its true light: We
wanted an accommodation in ready money. fer
which we were willing to Fay him Ten dollars
for the use OF ninety, and he might take the
warrant, or not, as he chose. II he chose 10
take it, it would be no more speculation than
| fhe tool; our individual note.
| We also told him that, if he desired it. we
would endeavor to redeem the warrant on our
return to Burlington, by corresponding sale,
| supposing that we could sell warrants there at
| that rate This was the only understandings
| that existed between us. 1t was not positiye"
but depended upon our ability to sell warrants
at 80 cts to the dollar, land ii was not exPectclUat
we would make a much larger sacrifice. In
that case, the sale was expected TO be absolute:
otherwise why did he take the warrant at all,
fret pfforipr IN tl,a
security on note of hand?
| In the course oil our conversation, we casual
| ly informed him that we had seen Mr.. Carpenter
buy warrant at so cents, and presumed We
could sell to him. We had no existing Lar
arrangement" whatever with that gentleman " fer
the money!" and never minated 30 Mr.. Cool
baugh that we had. This, it will be seen. i, lis
most material statement duplicating u III wToig.
So much Tor the vERACITY OF our loan agent =
How much HONESTY can reasonable be cX Ct
ed FROM wiiul FALsIFIEE?
On our return to Burlington, we did cali On
Mr.. Carpenter, to sell him a warrant for TIA
purpose, as he will state. He did not wish 10
purchase, and on enquiring found that tlr'e
was no sale, except at greater sacrifice tc4a
we were warranted in making.
He assumes that upon this Il ansacton We Lad
PfedIcated charge, express or implied, thai lie
had been Specializing IN warrants. We reed
only say, in addition TO what has been said, ;Lat
the community would ever have remained in
profound ignorance upon this subject had ;ley
not been enlightened by the babblIng propensity
OF the agent himself. No man vii! say that lie
ever heard word from us about tie traEsac-
ton, until proclaimed by himself.
Justice TO" his own " reEutatiol." was pro-
claimed to be the agents sole object in c,UMr
before the public whereas, he makes tbs d.
closure he says, mot, that care ZlctartlE-
about this Oft repeated HsinuatloE-bUt TO slow
the ingratitude of the editor Of the RcporIc
&c. This word "ingIatitude" comes viii
about as good grace from this conccitcd purse
proud, snpercIlious sprig OF mushroom arlscc-
Tacy, as ii does from certain pampcEad poii-
clans who, having been generously supported
by the public until they have forgotten their OBJ
legations to society, fancy that every body is be-
holden TO them for advantages which are tie
fruits Of industry aud the reward Of merit
lNGRATITUDE ~ Heaven save the nah!
We owe this individual gratitude because.
forsooth, he bought State W rant Of Hs For
the slight ACCOMMODATION which We had .!
him, we paid him pretty handsomely: and We
devoutediy thank our Maker that. however Jrs-
htute and needy we may DIT any time have 5cCn,
we We're never yet behoden for FAVOR TO an
individual SO utterly destitute Of every ennobIn5
attribute OF manhood as W. 7. CooIba.gh
Not content with grossly niisrcprescn'i 2 this
business transaction, he must needs season III
dish by dragging before the public such private
affairs as neither concern him nor any body else
but ourself. To cap the CLIMAX lie states TIA;
we operated upon his sympathies by tclil7
BIN that we g had but bit in onr pocket, All
that a smooth one"--that we were Indebted 10
his generosity CD tor the means of replenishlIg
our wardrobe with art cles Of clothing WAc.
we q" had engaged and ould not obtain u'a
he opened his purse--that until he, in pure cor
passion, came to our relief, we were unaiIe
ito pay oar board bill, &c. &c!
For the abject meanHcSs OF the pitiful crea'Te
who can stoop to the retail Of such privacies,W We
entertain too profound a contempt 10 offer a r.
iutallon of his fa!SehoodS for while, ii true. b!
statements involve no disgrace TO us, it is CUE
tionable whether the sact Of their iasity c.n
heighten the infamy OF him who unb!Ushilgy
publishes them from the house top.
One word more, and we have done This te-
low apples the epithet Of :! coward" to us. and
states that he had not ''seen Tour7 face since,
meeting rs in St. Louis. On the 18th day c!
june, eleven days PRIOR TO the date OF his com
munlcatlon. we We're informed by tIjcld Il
this city, that the individual in question w2Sa
the 1reasurer's office, making free use Of the
same kind Of slang which since appeared over
his signature i'll the Burlington Gazette
We we've of course surprised by the irlorHa'
ton and, supposlng that if he was tie least part
Of man he would not hesitate to say TO orr t7's
what he had been saying behind our l4rk-.n'
especially If he designed opening a ncwST"r',,
tire upon ns-we at once repaired 10 the Car'.a,