The true Democrat., 1856-06-10
Gen. Yell and the Real Estate
Bank

Bank.
| 1t is claimed by Gen. Yell and his friends
that he has not only been the chief prosecutor
Of the Real Estate Bank, but That he prepared
the bill in chaDcery by which the trustees and
officers of the bank were ousted
! A more unfounded assertion never was made.
Gen. Yell held a commission from the Cover
nor for two years and never turned his hand in
the suit. The only lawyers who have don e
any thing at all, and they have done every
thing SO far that could be done, are James NJ.
Curran and Samuel II. Hampstead. Gen. Tel
never assisted IN the least in the preparation of the
bill though, he toos earnestly invited to do so by
Co.. Conway. He never 1rote a line Of it-he
neuer furnished a fact for it-he nerer sa,o 1t be-
fore it acos filed. The original nom appears NTH
his name signed to it in the hand ,o,1tinq of James
II. Cu,yan.
Gov. Conway appointed Gen. Yell as one of
the attorneys to bring the suit against the bank,
in August, 1858. He held on to the appoint
ment for more than two years, doing nothing
all the time. In August, 1855, two years after
his appointment, he resigned. He resigned
about the time he joined Capt Pike and the
Know Nothngs.
friends to dispute. They are facts Had Cur
ran not prepared and filed the bill, and, after
his death. had Hampstead not prosecuted the
suit, nothing would have been done to this day.
4 Currap ap1 Hayn,,otaaI l..
yers whom the Governor could get to move at
all in the matter. They did so, and, ever since the
commencement of the suit, worked patiently;
at least Curran did so up to his death and Hemp
stead has done so ever since, and bore silently
all the obloquy and abuse that were heaped
upon all concerned in bringing to light the true
condition of the Real Estate Bank. Gen. Yell
did nothing and suffered nothing in the cause.
With the Governors commission in his pocket,
he went about the State talking largely and
working Monochrome whatever.
PROFESSIONALLY by far the most important
question that ever came up before the people of
Arkansas is the settlement AMI winding up of
the banks. 1t is question that involves mil
lions Of dollais-involves onerous taxation, and
even reputation. The State is responsible for
every dollar the banks owe, and unless the as
sets of the banks are faithfully collected and
applied to the payment of the bank debts, the
State will be driven to tax the people to paw
them or to repudate.
Can the winding up the banks be safely en-
trusted to Gen. Yell? He has already once
shirked the task He has once failed {, do his
duty. Will the people now vote for him for
Governor, and thus put the whole business in
his hands, and turn out Gov. Conway who has
boldly taken hold of the matter and, SO far, in
the face of opposition and denunciation unpar-
alleled, pressed it to the mostsuccessfu results?
1t is impossible. They will not only be party
to no such an outrage, but they will re- elect
Elias N. Conway by heavier majority than
was even before given candidate in this State.
The ball is already in motion-the edict has
gone forth-Gov. Conway will be retained bv
an intelligent and grateful people, to finsh the
good work that he has SO pobly begun.