Democrat and sentinel. [volume] (Ebensburg, Pa.) 1853-1866, 1856-10-08

tneul 10 vote Tor hlng, but his TRENDS Tout
not agree to be sold thus, aud King was dc
feated Ia the meantime Fremont's beef con
tract was being executed. Made without tn
least authority of law, subject to the ratiica
tlon of Congress. no money could be receivct
upon it until that body made The proper sp
preparation. This did not suit the necessitic,
of Fremont or Palmer Cook & Co., then, a.
now, and they always have been; hard VI
for money 1t was necessary to make Fl.
nancial operation, as Fremont had bought the
cattle on credit. and some portion of the pur-
chase money must be paid
To accomplish this object. they must get
drafts upon the Secretary of the Interior, for
the amount of beef contracted for from one
of these Indian Commissioners. To dc this,
one of these Commissioners had to be corrup-
ted; for having nosanthority to draw such
drafts, it was a base fraud to put such drafts
in the market here by government officer
by which the unwary might be imposed Gpon
and cheated. The man for the deed was found
in Barbour, one of the Commissioners, who,
as it is alleged, by the promise of ten
thousand dollars, drew drafts for upward of
$3.50, 600 upon the Secretary of the Interior
Skilful negotiation was next needed, and
| Wright-as the most unscrupulous OF the
| gang-was put toward to raise money on the
drafts endorsed by Fremont. Adams & Co.,
deceived by Wrights representation that Bar
bour had authority to draw the drafts, cashed
! $50, 900 of them. This was great success,
and put the conspira tors in funds Barbour
was paid his $40, 900, (quit the State and has
| never returned, aud some part of the pur-
chase money for the cattle. But more money
was required and negotiation was entered in
to with the banking house Of James King of
I'M. hat ft.a Df 81,
drafts. Cover $3.50, 600, } advanced forty thou
sand dollars to draw three per cent. per month
interest About the same time Fremont dis
posed of half of his interest in the Mariposa
grant to Palmer, Cook IL Co., put this $40
600 in their hands, become their seryile tool
and agent, and has been their sti2cndiary cv-
er since. Under color Of leases from Fremont
of quartz veins of the hiariposa tract land
Wright and his associate have raised hundreds
of thousands of dollars in the Eastern cities
and III Europe, By buying fine gold Specimens
of quartz IN the Eastern markets, and repre-
senting them as coming from the veins on the
Mariposa leads. English capitalists began to
suspect these frauds, and it was necessary to
have Fremont in England TO help them out of
their difficulties The most cnhearll of false
hoods were told by Wright of the richness of
these veins, which, for a time, satisfied those
who had invested their money in them; but
at length suspicion of fraud became so strong
that Fremont, Wright and their confederates
had to escape secretly from England, Gre
mont leaving his wife and children behind
him, TO follow on the next steamer as blind
to prevent pursuit and arrest before sailing,) |
to avoid a prosecution for -windjing for which,
if they had been caught. they would have been |
convicted, and sent to Botany Bay. In Eu- !
rope, before their escape, and afterwards in !
the United States, those adroit fnanciers ri
otcd in their ill gotten gains. Fremont is |
said to have expended twenty-five or thirty |
thousand dollars in Europe, in few months.
The Iickings of these operations were soon |
exhausted in the fraudulent and unsuccessful |
spccuations of Palmer, Cook q Co., and by |
Fremont's extravagances and, in a state of |
utter distitutIon, Fremont presented himself
before Congress iD 1884, begging for an ap-
TO pay for his beef contracts. He |
represented that James King, Of William,
had sued on the $40 900 advanced on these
drafts, obtained judgment. and bought his
Mariposs claim for less than thousand dol
lars, and unless Congress gave him relief the
time of redemption would expire, and it would
be entirely lost to him.
By the most de1tcrous and unwearying
lobbying the bill passed Congress, and Ere
mont turned up again, millionaire He
the Mariposa claim; bulfied Corco-
ran & Riggs, of Washington City, who held
the claim of James King of William, into
reduction of from twenty to thirty thousand
dollars on the amount due; through his part.
ners, Palmer, Cook Co shaved the Californi-
ans from whom he had purchased the cattle,
and who had SO patiently waited for their mon
ey, forcing them to take half that was due
them, or get nothing, (for Palmer had skill
fully had the deed for the Mariposa claim
made to himself personally, and at the same
time took confession ofjudgment from Ere
mont to his house for upwards of S73, 900 to
bear three per cent. per month interest, until
paid, SO nothing could be made out of Ere
mout0 and his creditors had to take whatever
Palmer. Cook & Co. offered, or nothing.
In this way most of the appropriations
made by Congress was secured to Palmer.
Cook d, Co, which saved thcm from bank
ruptcy two years ago. Since then, Fremont
has been their agent in the eastern States,
receiving a thousand dollars per month from
Palmer Cook & Co., to enable him to make
, show of wealth, and thus aid them in their
,cootiat;ons. Fremont, Palmer and light
pent the summer and fall of 1855 in the
Eastern States, trying to raise money on the
Nariuosa and Bolton & Barron claims. But
heir most strenuous exertions and expertness
allied them, aud Palmer came home foiled.
Iere. his fortunes and that of his house, he
ound in desperate condition. owing to the
yposures of the Bulletin. Orders were i'm
nediately issued BIZ him to Fremo't and Wrig't
o turn Black Republicans, andby bribery and 5
very available means accomplish the election
f Black Republican Speaker. The money