The true Democrat., 1856-06-24

The Selling Real Estate Bank Paper 10
 build the Penitentiary. The Record Gar.
 bled. A Base Slander exposed.
 The old slander which was perpetrated upon Elias N. Conway, when he was candidatWfour years ago, and by us then exposed, is again brought up by the last Gazette. To give force and the appearance of truth to it. the editor re- sorts to garbling-absoldtely to garbling the journal of the House of Representatives.
 To let the public understand the charge made by the Gazette, we give it in its own words:
 "We will first no'ice matter which may be found in the Journal of the Arkansas House of Representa- ves, for the session of 1850. It relates to the e- gal and high handed action of Gov. Conway when he was Auditor of public accounts, in issuing war -ants not only without authority but in direct vo- ation of law directing the sale of Arkansas money, at about 20 cents on the doar-which money has since cost the State 100 cents on the dollar.
 For the payment of s9,500, Gov. Conway, then Auditor issued warrants and directed the sale of ,7l0, in Arkansas naper-making clear loss to the State of S2S,2l0. And committee of the Leg slature after giving the matter full investigation reported that they 'clearly 9f the opinion Mat tse 0hoe transaction direct rotation o taao"
 To sustain this charge, the editor of the Ga zette quotes the report of the committee ap- pointed, in 1850, by the House of Representa- tives, to enquire into the matter. From this report he omits one sentence, and but one; and and that one sentence acquits E. N. Conway, by showing that the Governor, Thos. $. Drew, and the Treasurer, Samuel Adams, were the par | tics concerned in this transaction
 | This is the sentence:
 It appears hat this Real Estate Bank pa. per a0as aoithdrawn BY THE TREASURER, SAM UEL ADAMsl, UPON THE ORDERS OF THE COVER NOR, lTHos. S. DREW from the Bunk, as part cf tue fve per cent of internal Improvement fund, as SO much reimbursed tue treasury from Mat fund"
 Now why was the whole report of the con- mttee upon the subject, ercept hais sentence, sub- mtted to the public Why this omission :? Is it not evident that it was omitted, because it shows that the committee did not duplicate E. N. Conway, the auditor? The Gazette charged that Conway drew out the money, and sold it. The report of the examining committee shows that Conway had nothing to do with it; ; that the "paper aoas 0ithdrawn by H.e State Treas urer, upon Me orders of the Governor"
 Here is history of the whole matter The pententiary had been burnt down. There were large number of convicts who needed a house and guard. They were in the jail at a rulnous expense to the State. An appropria- ton of $1OOOO, in specie, or its eqmvalent, was made to rebuild the penitentiary. George Bro- die was the contractor As the installments fell due, Gov. Drew gave orders upon F. N. Conway, the auditor, for the amounts, and upon these orders, Conway, as he was bound by law to do, issued warrants upon the treasurer payable to George Brodie, inspece its equiva. lent. At this point the agency of Conway in the matter ceased. He had nothing further whatever to do in the matter. What was fur ther done he was not responsible for.
 There was no specie in the treasury. Upon the order of Gov. Drew, Mr. Samuel Adams, the treasurer, drew from the State Bank, $37, ,69O of Real Estate Bank paper and sold it. At the following legislature, Samuel Adams was called upon by resolution in regard to the transaction. He immediately submitted re- port in explanation. See House Journal of l848- -49-p. 332.l suppose the report was satisfactory for shortly afterwards Adams wa reelected treasurer.
 Elias N. Conway had nothing to do whatever with the selling the Real Estate Bank paper nor did the legislature, the committee appointed to investigate the transaction, or Samuel Ad- ans in his report, attribute the slightest blame to him. Nothing but a projuliced, unscrupu- lous malice could ever have mixed his name in the affair."
 To do so-to make Elias Conway responsi- ble-to fasten upon him the guilt of the trans action-the record had to be mutilated and garbled The editor of the Gazette did not hesitate. He suppressed that part of the con- mittee's report which showed Elias ". Con- ways innocence. The Gazette's cause must indeed be desperate when such infamous means are used to sustain 1t
 Senator from Conway, Yell and Perry.
 We publish to-day the proceedings of two meetngs-one in Conway and one in Yell ratifyug the nomination of Dr. Stirman. We trust this will settle the question and quiet all dsaffecton. This is not time for discord in our ranks. We must be united and true-- The safety of the Union itself depends upon the success of the democratic party, and every division in our ranks tends to weaken that party. Arkansas must vote democratic It is one of the first States that holds an election prior to the presidential election. If she is not true it will be a hard blow upon the na- tlonal democracy-a harder blow upon the south We must then stand by our nomi-