The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-02-24
The POtosi Lead Company. and the Missouri
MiSipg AZ. ociation.

TO THE EDITOR OF THE HERALD.
During the pat week VINO take In The
proceedings Of courts have oouoess boon crtsnsd
by lengthy reports OF . In q mum Der Of per-
have been defending themselves against tho claims
Of An individual for services rendered mining SUPER
inendeut There vas quite array OF cour sci ON the
art Of the defendants, and good deal Of pesoRging
In their proceedings rns for some Of the de-
fendens, particularly for the kessrs. Leland OF the
Metropolitan Hosel, iesvorsd 10 make appear shaa
their clients were tho vietns OF conspiracy and a
sors OF sbusc was heapeo upon The heads Of the sus.
ected parties. This ~as nos suftosspS but the couasa
and their plant tools empioye time on, Of court IN
corcociing for the smsl ~ pess reports ard editorial
notices. wtch calculated iect % stroaely ana
- severely a. possible upon their opponents. Tn,s wse
the programme from the start end has been pretty
wen carried out, boh 10 iac csurt and In the papers,
This 10 not the nrst noe tnat my name has been
brough, before ,he pubic 10 with ssck com
panies In ny position s,cn snnoysnoes are mater of
courre, and have never snougni worth while 70 no
ticc them II depart from The rule In this instance Il n
because do not feel dspSed 10 be vicm I'd In pocket
and assaIed In Character by tbs same parties smuane-
ousy. viii therefore dispose Of this lead busnoss IN
few words.
In tho carly part or 1853 tho Mcssrs leland introduced
10 their friends man calling blmSolf Jonn Dsane of 20.
tosi, Missouri and proposed him 10 form company
iof IpflVke VI MI ieao fnh Oe1uC and the
Leards formed tho Of srce been Known
% the Poosi Lead Company Gsa.emeu s,opr,s a. and
vsitIg sho Metropolitan Hossl, who were fr,onss
OF the Lands and who had re most peffec. cons.
cenoc In their honesty, &c, wore rduoed by ther
representations 70 purchase wore or ess OF the
stock. In this way Governors Governors Senator's
and Senators, bank presdass and Cashiers rcwspapcq
propreon and editors, railroad presidents and con-
tractors, L. l. In, d. ps, H. Ds 80 So, beosms In.
tercued In the company stockholders. They trusted
TO TIE Lelsncs Desnc. ard upon their
paid between sibe and sSco per for mineral land
which vas no, at the us-s actually orth mere thar
asou Sis per scre. THIS Lnanexl operation part
for oihe pssves induced 10 invest Iarreiy
In ihe foios siock The bubble hept alive by ths
sone Of ihe parties inierss ed tns MINES vhep
thsy tpcoveyed the eatrt OF the fraud. Nv CON-
soct, Tor whcn pad TOO ~ pr.oe and whioa have
sl in nay rsslstcn - rrEsyd rs pef msneni vest
IN The s.,is p,r, Of Tho yss, 1854. bs1pe tho poou
bubble mad exposed, s9o when confidence IA u
imrsre tits .smo Jonr oeoe sas anxious to 20, ri Of
another ct OF lard, Azd the Lelaras proposed Jvma
ton Of private sssrcsisc. vdusi Concern sort
Of private partnership Affair." for the purpose prose-
tie ipe,vicu, btneai o. .he ssociaies. n WAS
represented to be 40 much better than The Potos
properly that about goo per soye charged for tho
AND, and q certain number Of persons were admitted
with tae IeAnis into ,ns ps,Eessrip They considered
the .nerTri,e 90 promsrg TRAIT their ielashnesi they
ostes avaTioious enough 20 taxa tbs wholo II wm
TO be ksp 20 snug - &c such tat prize, 10 be kept
away ion The puplin, have no ssock representation
be distinct from the m,ay mining companies Of the
day, tia, was indeed to take tsntd interest," Ia H.
rnn the recent eut in TIA Superior Court rae pubic
had more u 20 Win & han 9Th tho private Asrs Of
any a, se.nsss 70 u ss, gSsS S.s
became necersary 10 stsin hc services Of supern.
'erdep', and ,hc raiutd "a tne suit retcrred to Was
pytd. The iunos necessary c, him 10 pay his expenseu
% fo,os and TO meet otter Expenditures, wcrc pre-