The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-08-28

Mr xsyncs books and he conversation of Alsiyne aud
% IL 70 s
Do do. do on 7,o00.................7 70 70
No Interest," is credited on books Of that date YET
oSw though NOT entered On our books until OCTOBER ISL
suppose they were in first tellers draw the Intermediate
1852 July = .N s
credited books received from John Asyne but
On n a date 4 5 Inc sSer ps
seo se S az sS% n October
n sm % n pa from Mr.
Alstynes The &ssr's books 1853 80
10 shares - aassan sak on ss 0a0 ana up
nsain r from MR. s HSaes eGS an o loan
and took up 10 Of Manhattan. -'- '-'''' : ''
Pr erfs T. and sSS g
$500 Is
Here you have the finale Of e sl2 900 loan If mad time
YOU now gentlemen, Of Edmonds' ri!ns with YOU,
P r. sS ns % The s Su
each and every charge made By me on The Ism inst
Meeting n be hsra tSe eags ers
ed frivolous explained, that all that they deemed
it necessary to do was to appoint committee to endea
to reconcile the difficulties between Mr.. Enionds and
Mr.. Burke
On the 9th July of meeting of the board, that
buttons adopted
Resolved Iha. he resignation Of W Ednonds Is cashier
lon aud ha leave Of absence granted him for three months
and The board express he nope a M rfaxa es nom mental
Resolved That his salary be suspended from first OF August
Resolved That the investigation that has just terminated
leaves room Tor Suspicion as TO The soundhcss OF the BANK
and the integrity Of lis assets.
On the I'd of August myesgnatiod accepted by the
board thus brought about the end which the pre-
dent and his assistant cashier had in view from the be-
from,
In the meantime however, there other steps Ia
ken which ought not TO be overlooked.
The assistant cashier engaged himself for several days
in running about the street. nqurng of dealers into
action and insinuating charges against me, that rn
Of great dealcations in your bank got into the
news1 apers, and il reported that had absconded
with half million Of your money; aud he even seen
standing the steps Of the Exchange, bareheaded, ha
rangung the bystanders in most vehement manner.
Public attention having thus been attracted to this mat
ter both he and the president found necessary in pure
self preservation TO indulge in nsnuang making
other charges against me, and compelled by
the general opinion Of the eness Of the whole matter
10 swell it to up to larger sum, even though
quite piobablen ~ Think 'my belief is;' 'sup-
pose We call IT." &c., &c.. Your President, without
unct to silence felt himself compelled by the same
necessity OF sefprcservation, to make two published
statementeonc of my resignation and the other.of the
charges against Early in the proceeding your pss
sidcnt avowed himself hostile 10 Mr.. Burke's appoint
ment as my successor; yet, as soon az my resignation
had been procured ud the acceptance Obtained he be-
came most urgent for disappointment.
| In the meantime was silent. Confident in my own
integrity was wllny they should have time and oppor
tunity 10 their full career and fabricate against
all that they could. was promised detailed statement
by the and, day after day, week after week. waited
for IL with such Iatence might. AT length il
handed BY the assistant cashier to Of the directors
for me- The president Jaw il in that directors hands,
took y from HIM and refused after Examining II, to re,
turn IT, saying that in many respects wrong But
have been fortunate enough 10 obtain it, and sub
join II without word Of comfneut leaving 1t to speak
for ITSELF of the injurious treatment to which have
been subjected.
| This obianed only on the 18th Of August.
Amounts supposed have been absaoed from the Mocha
From January isi 10 october 1874 the cashier received
but did not credit anything the bank books 81 months say
sso per month is 3 40 and compound interest er ,s Z
T. %ssS 81; he ps ssS 50 20 !sS s ss
and compound interest , from is January 1916 nine 80
credited The books; IT i aas probable hal At least
ser Wa ann Sse ya rsssa 81 rom and e sS
pound hteres, from Ansusll Isis seven years Is
<' From january ISL % lit August 1851, when
sona ,siier seven months n say 10 per
Amount actually paid ca shlcr iroa August
1851, 80 ist January, 1855, per book is... 2es 90
ss,isso
The cashier paid into credit of interest during the
above time. 81, 492 IA t'aii this square.
| From yanury j, 1861, Dc .,ngels having just then
| len, think The draw loans system commenced,
/, i s ssa s,s S T s%
average, being interest On loans, say 70 lst January,
go o.
rate 81 500 from which dednc, what's now in draw,
Salary from utisa and Schenectady Raiircad Co.,
Pound d to nay two re- sa Il & a &asa interest
sa,asy fasewch Co 1e YEAR. a; @ . ~
with compound interest from Nov. 1852, s3 months =
ssiy rom Canton O. Two years at 500 $500
with interest May 1854 sios.. las o.
dun cheek seo worth Of socks, which he old ish
January following; for s97e2 %, paying on this
made his s2c2 ss compound interest TO date st a., .
1859, OF 7-inIerest taid BY John Xis,sne, on
sss Mar I,,-1o do io III
''''''s' 10y - years. " - so4 o,
1852 Nov. 2e-Neson Robinson paid IS days interest
| On 100000, at per cent, which Is not On our
! - sizes 0,
1864 Dec se-The Atlantic Insurance Company paid
which none was credited. ea &
hi loan was made without authority Of he
board which nsyer n2,sSa On SPIeSrs
pound interest II years and months, Slo4;. I3si q
II is diD!e ujt 10 get al the amount oi circulation
which has Teen used BY him.; suppose We cell IL, on
he $500 ss aor s 9y 1 back s
three years would be ~ s3J IL 40 u
sNas {.
On tie 18th Of August, received from Mr.. Burke tho
iohoWhg extraordinary ieter, on which also forbcaI
any COMMENT except TO say that IL Is inconceivable 10
! me how any man In his sound mind could address M,
| such n Communication after the conduct which have
| disclosed In these pages
: - MnenAsies' BASIN, New York, Aug IA 1855.
| r. W. EDxoAIs Eaq.:-
DrtR snTomorrOw, after The ordinary business Of tho
bank
have no inmation nom source Ina. outsider will be
ohirudtd IN the attention hs board while have
on 70 lope that shall receive. as conscious Of mertng
| thtr unanimous
TWO u The directors who win be have slnlaed ct
desire hit should receive The appointment IL will be
source Of qualification to g have he unan,aous approval
u the board. II can co>csnu@y aCquec Ia the
re please do either by addressing the board yeif
do not ask you TO do violence 70 your feelings II b.
announced that have BEEN c-en with
concurrence VIII ony silence those ntiscreet friends
os yours, who constantly arhuinR 30 motives
and whose indiscreons ! publicly notice without
woundng you those nost Intimately connected with you
| Yours, nuly, JOHN BURKE
And now have closed my defence, and take my leave
ofyon, but not finally Ny connection with you win not