The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1848-07-22

Of the locofoco candidatedor the Presidency
and call the attention of the reader to
II is no doubt every word truth:
AFISANcIAL OPERATION OF GEN. CAss-Ex-
DEvELoPEMENT--LooK AT THIS.
in 1886, Lewis Cass, Henry Hubbatd, Fran
els o. J. Smith Francis Markoe, it,, and Ram
say McHenry, all then at Washington city,
formed themselves into an association under
the title of the "Western Land Association
for the purpose of specializing in Western
lands. One Of the Association certificates
of stock has been sent to us. II is as fol-
lows:
WESTERN LAND ASSOCIATION.
Be it known, that Lewis Cass, Henry Hub
bard, Francis U. J. Smith, frances Markoe, jr.
and Ramsay McHenry, on the 18th day OF
April, AID. 1886, entered into an association,
with the combined capital of S220, 900. for the
Western States aud Territories Of the Union ac-
cording to certain articles of agreement bear
ing said date, and signed by said parties; and
that is proprietor OF
thousand dollars of said ca pital ,
whereof the aggregate sum specified in the un-
derwritten certificate has been paid; the said
thousand dollars being portion OF
the capital originally assigned to said
in said articles of agreement, and subject to a
deduction Of one third part Of the profits accru-
ing thereon, and the payment of a proportional
fraction of the necessary expenses OF the con-
stituted Agent Of said Association, and to no
other deduction.
Be il known, also, that said stock is transfer
able in whole or in parts not less than one thou
sand dollars, by an assignment Of this certificate
by said or his Attorney, and
record thereof being made by the Secretary in
the transfer book OF the Association.
Washington City, 1886.
President
Secretary.
This Association for purposes of land specu
lation was formed when Lewis Cass was Score
tary of War under Mr.. Van Buren,. Cass him
self, the chief of the spectators, paid in $780,
600, and others paid in 500, 900, makinga to-
tai of $4,000. The contemplated capital OF
S22O 900 was not obtained. The plan of the
association was to enter lands in the West and
hold them up for vast increase of value. Cass
being Secretary Of War and, in virtue Of hi:
official station, having important advantages
over private Individuals, the Association gave
him the control of the whole business. He ap-
pointed the agent to make entries of land-se.
Letting his own agent and agreeing to be respon-
sible for his acts. Theagent went to the Wes
and made purchases, all under Cass's direction
and the latter, directly, and through his agent
continued to have the management Of the
lands.
After several years delay, the members Of the
Association begau 20 have strong suspicious
that there was little or no probability Of their
ever getting anything for their money. AL
their applications to Cass for information were
of no avsil. Nothing satisfactory could be
learned. After consultation with each other
they appointed the Hon, Henry Hubbard, one
of their number, and then or since u. S. Sena.
tor from New Hampshire, to look after theil
interests and ascertain If Cass and his agent
had dealt by them fairly and honestly. Mr.
Hubbard opened correspondence with Cass
but, failing in every effort to get any satisfac-
ton from him, hh wrote final letter inform.
ing the Aon. Secretary of War that he was q
rasca ], and the Hon. Secretary was quiet ant
silent under the charge. Mr.. Hubbard chorged
him with swindling his associates. and the
Hon. Secretary, instead of exhibiting resent
ment or attempting to prove his innocence
admitted by his silence the justice Of the accu
sation, and even to this day the Associa
ton has not been able to get anything out o.
him..
We are authorised to make this statement b,
member of the Association, gentleman who
paid $4,000 into the hands of Cass or hi:
agent and has never received anything weat.
ever in consideration of his money. Our in
formant requests us, ifthe villainy is denied, tc
call on the Hon. Henry Hubbard for statemen,
Of the truth-to demand of him a publication
Of the letters that passed between him and Cas-:
particularly the letter TO the Hon. Secretary o.
War, charging him with villainy in all it.
forms. We shall enclose copy of this paper
to Gen. Cass, and. if he hrs anything to say, lie,
him speak out or authorize some of his organ:
to speak out for him. Mr.. Hubbard, the pub
lie are aware, is prominent Locofoco and was
the man tina nominated Mr. Polk in the Balii
more convention four years ago.
1t was bad enough in all conscience for the
head OF the War Department to become q
member of an association for specializing ia
lands-to use the advantages of his high office
one of the very highest in the Government, fol
monopolising lands, through the use of an i'm
mense capital, to the great disadvantage and
detriment Of the poor emigant. Such an op
| erafiOn TIM If a NJ W. x~oule