The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1853-03-07
REPORT


I OfMsv.Select Committee appoinied by the House
! of Representatives,, relative to the Bdnk Of
North America Of Newport Fl
| Mr.. SrEAKER: The select Committee,
appointed on the part of the House to enc
quire into the facts relative to the late 4re-
ported refusal of the Bank Of North America,
at Newport, Indisna, to redeem its paper,
: have had said resolution under consideration,
and beg leave respectfully TO submit the fol-
lowing report:
The committee summoned Gov. Joseph A.
Wright, Francis King, Thomas III. Sharpe,
and Mri darlington, who testified, on The LIST
inst, before the committee, ubstaattdtly as
follows: Eao4 - . s -
! SGov. Wright.-l'sen $3.50 short time
since, of Newport paper to my Brother-'n-
law, who presented it at the Bank, and re-
ceved the gold. While on the river a few
weeks since, conversed freely with Mr.'
Santor! CT Cincinnati, in regard to The free
banks. 1t was said that there was consider
4 able Of the Newport money in circulation;
1 told him if he had any of it, he could send
| it out to me, and could forward it to MIR.
Harrington. Mr.. Harrington is a young
man n my office, studying law. was anx-
ious TO know whether the bank had any bot
tom, or not, and sent the $3.50 to ascertain
the state of thing. Upon being asked where
the $1,000 said TO have been presented at
the Bank ofNor,h America came from, the
4 Governor remarked that he did not know,
1 but that he intended to forward all the paper
h G could get hold of '
Thos II, Saarpe.AI am cashier OF the
Branch Bank at indianapolis. received
package of notes from Cincinnati on the
Bank of North America, to the amount 81 i,
500, with directions to hand it to a certain
individual Upon being askedwho that individ-
ual was, Mr.. Sharpe replied, Gov. Wright.
handed it to him within the last ten days
Gov. w. appeared to be surprised that the
notes were sent 10 him; spoke of a conversa-
he had on board steamboat with Mr.. San
; ford, in relation to the paper of the bank of
North America. The package was accom-
panied by letter.; delivered both to Gov.
Wright. Gov. knew from whom the money
lcame. Mr. Sharpe being Intercepted as TO
who forw arded the package, declined furnish
ing any name; saidit was not from corpor-
alton. - i..-s ~. ' s...,-'.-si i-s.
Francis King am the private Secreta-
nv of the Governor. About ten days since
II heard Gov. W right sly to Mr.. TarkiEgton
he would have to 90 to Newport. The re-
mark was made in connection with the pre-
sentation of package of bank notes at that
place. Some gentleman called Gov. Wight
out Il am not certain but it was Calvin
FIetcher;) after his return, he told Tarking-
, ton she would have to 60" ~,
, TarkiagtOn.-I am 2 years of nge-have
TO acquaintance among the bankers OF
brokers of Cincnnati-am studying law
boarding with Gov. Wright. a week age
to-day, started to Newport on the cars
= with three hundred notes all of the same
plate. Governor Wright handed me the
$500, r,markiIg that there was some mon.
:. Iey to take to Newport; Governor supposed
!, it wss from Sanford OF Cincinnat; told me
), to take it IL, Newport and get the gold; sale
Is ii the gold should not be paid upon il,
i would have to protest from three to five bills
reeched NsMIQsagt neiAt Rqfniip ff=HHe'sw r
q cashier; he said he attended to the business
o | told him had some paper which wante,
tredeemed; asked him ii he would 90 to hi
banking house; he wanted TO know who sen
ME ;said his banking day were Tuesdays an,
:, Fridays; remarked that he would open the
e next day at ten O'Clock. called at tn
e time appointed--he said he would not pa,
10 me acens--thathe knew my object-tha
II he had the money ON hanG--He was in ;
: 1sitting room, where there was a safe. DR.
Waterman came over, and we closed the dc
c ,mand fifteen minutes befure two; presente,
s and demanded payment ofeach note sepa
5 rateiy. i had not the protest printed at tn,
!, time; they, we're printed a. Terrc Haute.-
= DR.. WaterInan's charges were rs cents OIL
: each bili-S225. The agreement of Water
d man was to pay ,ne about one third of the
.itiees tocover expenses, &c On yesterday
Il Placed the notes with the protests in tn,
Office of the Auditor of State, where they
a., were redeemed with gold. The agent came
in while Twas depositng the notes.
e On the Sd inst. Geo. w. Brown, testified
l. before the committee substantially as fol
Il lows: tN
q Last Wednesday or Thursday saw tire,
. $500 packages of money in the Governor
: Il room one lot in the hands of Governo
e Wright another in the hands Francis King
off aud another in the hands OF Tarkington; al
D. Mere counting money; understood from til,
( conversational the object was run upon
: bark on the w hash. n .,..,.3 - -.
n "a On the l5lh instant, }. M. Moore, Cashier
: of the Madison Branch Bank, testified as fol-
= lows:
About the middle of January, + had con
versation with Gov. Wright in regard to Ia,
J. free banks. Among other institutions doing
d business under the generallaw of last sess
&C ion, the Bank of North America, at Newport
=, was mentioned. The Governor expressed
E surprise at my supposing any such bank te
d Dedicated at Newport. | told him was il
! the habit Of handling the paper of this bank
I and could mot be mistaken. He then reques
> tied ME to'schd him some of the first opportu
nifty, / accordingly, a. short time afterwards
u forwarded him ahundred and fifty dollars il
i this paper, for which / received other notes
On.the 18th of January. Mr. Sanford Of
Cincinnati call upon me in Madison; said he
). had come down the river with Gov. Wright
/. expressed desire to be introdhcedto him.