New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-05-09
To THE PUBLIC.

Mr. Henry Dwight Jr in The Erenng Pot Of May at
tmps Justify the plea Of psgvy which be sets 10 avoid
the paymest Of his pronlssory 10 the amount Of $4,000
ly studied personal attack upon Reluctant
gage in personal oroversy for which have neither time
taste deem il to Mr. Dwizhts column Of
with plain Of facts The most Of these facts
within the knowledge others well myself and from them
IA. public can firm Of the merits Of the License Of
usury ntepced and Of the dnus Of the party who thus
seeks TO avoid the payment Of honest oblisatons
So far as the eherges usury and fraud which By
Mr. Dwight relate they IN their general scope and
meaning in their specfcaonsn the aggregate and in de-
tu,teTy uufunded There hes only been any legal
or tec1c uury or such could con'ttute under any
circumstance ege technical densei but there he's not
been sny attempt under color device peense Whatever
TO obtain usurous interest make with Mr. Dwight close
harh OF bargain On the contrary he dealt with IN
a spirit q hteraty and the Of $4,000 was ad
to Linn by Company upon which be had claim
time when said that thst advance would enable him
COMPLETE and make valuable road In which his whole fortune
YVES invested which then its unfinished state nearly
valueless.
In the fall ofis53 Mr. Dwight then being the contractor 70
the construction the Chicago and Mississippi Road became
embarrassed and unable perform his engagements The En-
neer reported would be required complete
the work according his Mr. Dwight foot
goaion obtain that amount fom his creditors and parties
tors and parties were Mess Brown Brothers Co. Of this
City three Banks in New Haven the Phenix Bank
Hartford Mr. Henry Hotchki-s of ewHaycn anil
other individuals who II repesented had agreed % al
yfIc
should be provided by other parties Az application
congy made through Mr. Charles Gould several OF the D
euesd TO procure ,5Sm tina, s1y an q. 10 s 10 TO
s M sSSsnee that in addition 10 he benefit which
derive from the completion OF me Chicago and Mis-
s,p Road the control Of It's MANAGEMENT for two years should
be secured Company by allowing II 20 elect during that
time majority OF The Dneetgrs-hus a 70 protect
investment and the general interests Of our company
No had by the Northern Indiana Company this
subject until the 18th December, 1855 when Mesrs Bliss Sry-
ker and myself appointed Committee, with authority
make such contract IN this matter as might deem conducive
ceed this had been informal interviews with in ivlua
members the Board TO that time having authority
,her our Company would the proposition all What
the formal neso,aiion and contract made by
Tbs Committee did no, euter upon negotiation until
18Th December For several days previous to that date had
and boa, TO be argued the United States Court which hs
YORK where me, Mr. Bis by appointment the morning of
the 18Th for the purpose Of taking up this nes9ta'ion
a, hotel ersmsrey Park, his counsel and b'o;
tber b,ns present 5SI'iSns 81 the TINE Mr. ;r 1oaa
fined by skpcss his house where Mr. Bliss and myself called
upon hum After dscussins with MI pwish, vAgu' Spos
e him late N the evening, having FIRST submitted TO him
nex morning The morning received his in
Whiting decsiDS or, proposition ~" Terminated ny e,snse
ington Before en however, at the instance Of M Ed
nund Dwight who called At The siee for that purpose Il wa.
impossible I remain that i should Be pursued by Nj
Bis alone wssse acton S, promi.e d. TO aeasiesSe
ssreed upon conirac differing IN several essential psrcu are
s1 S s 81 an pa and Mr. ss on
This has yet received signature Il was a
ssnsd on SSS u eh S Se s
the Chicago and Mississippi Board reossnsei MesEs Bis
Bs Prelsni Of h eli before ~y return % ne Gu It thus
appears that this contract which Mr. Dwight charles Tbs.
made and executed under seal" aud forced him
make and which refused to perform in which contract
s ' hat The 49, Wa H. ana * which sn he a
should be cleo ed Directors OF the Company and Kept IN once
Of bs sosd s hi S contrast .sy 70. Nc, ne ss1icS
and h0s been e1ee.ied BY Gf al bs negotiated dHa
ssS Wien AS no wore ecn,rO Orsr TIE contract psltios
0nd oondioNs oR the IN ne mooa On The 7h January
Northern Indiana Company and that Mr. Bis and my
self Committee MADE the formal subscription Of 500 30 TO
quired be made This Is al that bad 10 Go with the making
Of the eontrse, in ques;ioa
which ell the others depend having failed the rest necessarily
But deny that the contract IS made BY MeS Bliss and
striker had single element Of sssy about IT, Il was
TO loan SI1oo on gseaed securities nd to by
Uuy Be inferred from the Get Of buyng spe
cies Of property cheap II cannot be committed BY accident or
mistake, bat consists IN the faferfOn TO take, and IN
some foln agreeing to take, more than legal interest
for the lOon Of money. No such 4is0A be imputed
But Mr. Dwight ssys Be was forced to el his soei :; So
the nsraei value q the Seh rsnsins f,os q to ~ he
hu, rot any other way or for any oheI resOn he
s,s, ne oSf Of BIZ own s WI. e sIs 1 ns 70 s
b,heIe market value" Of 90 to n for III Why dd
ne not eel in Wss the market vaue and thus reaise
er his ihee millions of stock the comparatively snail u
money Which he borrowed frcu the Northern Indiana Go.
Inc stock has haa market value In the far and
hsy Of the For the truth Of this assertion
70 the entire Board Of Brokers and 10 the record Of
eighteen cnh Do no, mean 10 deny that h had ainrnsic
value and that there may have been occasional f small
sscelinsbe and reareae pr prb A. i. intended BIZ ne
term naitet OF such would hive enabled him OBJ
offered Of public auction.