The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1856-03-27

was duopteu.
"Resolved, That we cannot sanction
the course of that portion of our delegates
who e e from the American National
Convention, nor can we become parties to
the construction of a merely sectional or
ganization, therefore we Go rati the
nomination Of .MILLARD FILLMORE
for President, and ANDREW JACKSON
DoNELsoN for Vice President of the Unit
ed States
THE FAILURE OF BARNUM.
The failure of the great Snowman, says
a contemporary. whose auto biography
was issued twelve months ago to show
how successful humbuggery and roguery
was in America, has excited more than
ordinary attention. H. was brought up
before the Supreme Court in New York,
on last Friday by parties who have OBJ
tanned judgment against him, and sub
iected to severe examination in relation
to his property. We CLEAN from his an
swers the following facts. He owned the
American Museum, in New York, for a.
bout fourteen years, and sold it in Novem-
Der last to Messrs Greenwood and But
Ter for $4,000 He gave 1000 for it.
He has how no interest in it whatever
He never owned the. Museum building; it
belongs TO the widow and daughter of
Francis Oimstead. In June last he con-
sidered him self worth $500, 900 above all
liabilities. His estate was chiefly in
Bridgeport, Conn: It consisted mostly
in building lots, houses, manufactures,
docks, etc. The mortgages on that prop
erty amount to between 100000 and
$3oo,o9o. The appraisers appointed by
the Court have appraised the property at
considerably less than the mortgages up
on it, and he does not suppose the prop
erty will sell for as much as it is mort
gagged, and that thus 100000 will be
sacrificed and lost! He gives the follow
ing account of his implication with the Je-
rome Company:
"In the month of June last, from rep
resentations made to me by the Jeromes
and by the Cashier of the New Haven
County Bank, IL writing [ was induced
to contract to indorse and accept jerome
paper for an amount "a Lutte over $780,
900. l did that and continued to do it.
as | supposed, for reneaOols. until l found
at last to my utter amazement that my
name was on their paper to the amount
as thew say, Of $464,000; though, as
most of the paper was sighed in blank
[ do not know of my own p rsona
knowledge that there is not million oil
dollars against me. The Jeromes called
on me in December last TO raise then
500, 900 in cash by mortgaglng my es
' tate, they agreeing to pay me within
twelve months and to pay all costs me
. sacrifice which l should be obliged t.
: make by the operation, With this inten
l borrowed over $50. 600 for them in th'
> shape of bonds of various States, towns
and counties; but upon having business
{ friend investigate their affairs he foun'
them bankrupt, and informed me that
!. was ruined b.yond all hope. | then il
u despair offered the Jerome creditor
S1oO,OOO if they would liberate me iron
: all liabilities on their paper. although m
;. ;. counsel informed me that | was not legal
u ly bound for that amount. This the
u !, found impracticable. I was then com
10 PEELED to sell the bonds at a loss Of som
. $4,000, IN order to pay my persona
!. !. debts. l also paid and secured certai
~ liabilities for the Clock Company to tn
,, amount of $4,000 or 100000. M
- hands are now tied, my property shippe
from me, and my power to do business
paralyzed and destroyed.''
- Mr.. Barnum stated further that prev
J. Gus to his endorsement for the jerome
of his liabilities were about $30O,OOO, ar
IN that he valued his property at 100000
- His property consisted of real estate
> Connecticut, New York and William
e. burgh His Connecticut property
mortgaged for more than it will brin
at and the rest Of his real estate was in Il
- hands Of assignees to secure contidenti
n debts. Mortgages to the amount of S141
a. 500 existed on his New York proper
le before the assignment. His furnitul
lat plate, and pictures at Iranistan. which CO
~ nv him $40 O0o he had sold for $4,000.
si. The only assets he had in his possession
for present, were $3l 500 Crystal Pala
mortgage bonds, 678 lots in Cypress +
Cemetery, and some smaller and equa
valueless claims. Such is the history
"' the complete failure of the great sho
80 man. He humbugged others. and er
a at last the victim of rogues sharper th
re- himself. There is n moral in this mt
- valuable than his auto biography can
to ford.
ro- ~-The cry of Young America now
ate -"fenn dubs, ''knuckle down." etc.
ion Oh, would we we're boy again.