The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-21


Osposs 10 4ss 900 l277e 600 Dec. eas.ooo
Circulation. oa6S 600 6,o71 oco oec 2s4 900
srs 'ESsIoHs IN PHILADELPHIA.
PMLADsiPRIA, Oa 20 1857.
keurY Farnhsm ISirkham h Co dry goods dealers In
This city, bavc suspended, and AK an extension Messr
Whelap On Mayket street., who largely In Tho straw
ana bonnet business, Also Suspended
TIM BANKs OF NEW oRLsANs.
NEW ORLEANS, OS 10, 1887
The bank presidcns have sSreed - take oerned check
the Citizens Bank in ray Of deos tho CstSsns'
Bank ns Oh oulaaion with specie, bot nos the
checks Of aepostors-
sr. LOUIS MONEY MArTgss.
sr. LOUIS, Ooi 20, 1857.
The sase Savings Institution in this city has enod
deposi ory fer the currency OF the af inng State aho
for the currency Of the New En-. land ates and ihe aate
Of New Yors for Abe of ths Phiadel ha, Pits
large b0F Of the heaviest merchants advorhe 10
receive all currency at par.
THB MICHIGAN CENTRAL AND TIN MICHIGAN SOUTH
EaN RAILRoADs.
I..poRru, Oct 20. 1857.
10 said that an arrangement closed yesterday be
t-een tie Michigan Censa and the Michigan Sou hern
Raj, oads which viii tnd mAer'allv 20 beneni ea,h by
preventing hereafter ruaous etttons for business
THE PHILADELPHIA STOCK BOARD.
PHuADNPHIA, on 20 1857.
leS. Norris Canal 81. Long hlAad Ralroad sK Penn.
syiy anis Railroad, SO
BANK FRAUDS IN INDIANA.
EXTENSIVE LOBBYING IN THY LEGis ArURE-rHE
Way BANK caARTERs wERs OBTAINED rag WAY
Bank STOCK VAS TAKEN uP.
Governor Wright Of Indians In his late annual messge
made serious change against csrAn me nbcn Of the
Sase L<gahsnre who. he alleges, combined to obtain =
charter for the State Bank by corrupt aad FOR
fAuduens purposes. Tho Governor uses the follo~ng
strong language the sub jecs-.Tue and s2pn
10 bear 10 secure the passage or this ohs,
'e, would exposed TO the public gaze, exhibit she dark
est psse Of raed and corruption hst dsgraoed tae
legislature Of any Saaie Whilst Of pure and hooo
rsblo sentiments led Into s support in belief
,hst tho approaching close Of the exAne bank required
upon promise or stock equvaenss 10 money or pledges
- 10 the location of deycns brAncbee To make MP the
constitutional vte In IT. favo the Of msubers
Fenoyded In IT. passagc vbo were st hat moment absent
and man, mites distant from the capitol
BY resolution Of the Senate . committee Of nve was
cuped them ON JanuaSy TO June, !s6.-snd their vo
luminous report 10 now beiose
me -. Dill ss .s Ins'Sr sr.,aS, os:ss ys.s
on The Is os March, 1855 but resell cd The veto Of the
.a :s.' S, &, o. ~ "a
m.nsers made snch peien, u,e Of iSsr psculis means
voted asansth Al hrs. mysts iouas became ~ rscads
spd vo'sd ne seo md time In favor Of u
,e.,imcn, s,,sbisss. ,he folio siDs oonslssions:-
First That In 1854 certain persons began agate he
o s"pa Of re s S,a ss
tue made sstemp0 enlist some Of he officers Of he
bank In The undertaking
OPERATION OF ,hese parties 70 this enterprise terms
mutually Iass sCtory, they abandoned n Initiated
for transfer Of the ass interest the old bank 70 sas
nne and $50 Tor the location Of the brAz aad
Tho ubscypsop Of ihs stock 90 q 70 secure ssr control
IN many ds,ricts for inc OF ssoosos OF nam 70
other pasties st pyo0t
Tnro-To Ell Of this obscs these persons entered into
ytad sch rhavts m ha eu~t
reeis nrcugh mo Lsisiaure, and sundry means and
spplAocss Of IN improper and co,rups ehs,aasr were
seemed N bc insoequae 70 secure Ne support
Fourtb.-nas tho prrjto orginsly introduced, met
iu moo nsson, % .r a. % ao The clauses reer,ns 10
ih ait interest u the old hank TO be sriaBen from
oD .areSy =. passage s S.. fsci'A.es sun rsuns .hs
any modification o. -hith was pensssniy resisiai and
F1b-Thai aiser The bin had passed, the location OF
some Of tho branches managed, and the s
50 conducted q 10 warrant the benef that a less,
rome OF the resons In the facc Of assurances 70 the
ms in .oms lnsa,oss and IN oo%p'.scs .i.a .. ssca
opportunity allowed By the ,oh section, 70 favor them
selves and iends In ho taksg cf uoct. thereby
maing tho purpose, cherished throughout, OF subsoisng
mo legislation thc subject 70 private gain 70 be no
s,rctsd 10 the bensnt Of = select is~.
ucorded the committee seoIne 70 ssy anything ne cs.
umony being insufficient ihss point Bat they pro
noubo: tho pessaes Of me BIN and tho operations carried
cp under hby disposng OF be stock Amoss h no sho
ss ed IN cassps tAs b,-s great upon people,
asd shey thai chartsr shall Do repealed
sounii,eeTsaas ms ssses soodni, Bsess and ND wilson on
A minority report, ggped By Me-. Horao Hsffrcn, was
rry, end cosdsnnss Ne mode in whioh Nc ssssinosy
| 10 published
he sviasDce certainly reveals . cur,ous rse Of as
ats One gentleman swcars that hc has bssn lobby
ns once faled 70 gss asy bul passed wsch he pssssd
- Nfl~.
yeruors T ,eso 90 xnossr Of ,Ss sss.s. xusis T rss,
says-"i vas b IncAnapols durss NE mes,isg Of ths
osss to me and so,a me shss shsre Va comasy Of ns
ehb Judge smith ~ theiy head vho desrou OF pas
ing through Tho Isaslstore s,ae Bank t and asked me
I'll would join and help 10 pass lhe bill Iansv svorsd THAI
vas opposed 10 such bant he insisted on my j,.npg
srd hclpI pass the bi and tnersupon OF rcd tan
70 know what iss ITO wss worth, ss,ips did not vaa
stock In bank csceoiay thS much; but u there 80
Ss 'Gs ne q T. .:s -. :. I z. 's q
twenty ave cent and tscn sgrs 70 undertake, asd
90 fc'hn Here the aoount some Of the honorable leSs
bsns -
swan Broctsbre, ssnsior from roussomcry, iesunss-
Har 10 Rey Dods, senator from Fountain county, ltr
considerable conversation The suojcos said thss
be vas authorized 70 say 70 me, that " would give my
sSssla ssys prspch 81 Ora dsyis. and % ssoos
holder In The branch, f Wished 70. told him hai aid
no, vish 70 be sslccshoder Bis rcmrk wa, 'Why, d-n
snn ne @s nees and ,en ous and make spscuisoa Of
r. Carpssas, Representative from posev county, tes
iGssa Horis Rey nolds senator from Founaiu osuny,
,enSkec, that would favor the passase Of he bill
10 he House he would thal thcre secured 70
. nons 81 ;oos oo asaer -. M sn 5 sscaa h,s
stcursd 70 sufficient 10 mako I've hundred . thou
'snf doJsr, shhout tne east trouble ON my psrt thai
could sell thc stock ~ advance n Eve ton cent
~hhont mshing psymep on u; and "ihaA when the
books we're opened cpe Individual could subscribe st,ck
sufficient 20 supply he niepds OF the bill"
Harris Rel poids, sepaov from Fountain COUNTY, ssyS
.n sutsested before me, b. The friends Of the
bill, that vonld be good In vessment talked OF
BY The fepes Of the bn ,ba they could have opporsu
nhe cf sk nc stock bu not any preferred privileges 70
members more than obes riepds,,
IN spsve 10 the question Was sc4 talked os, AMI un
derrood auore the friends OF the biz, thai u permsd
NE en- sorphos books 70 be opened and olcsel ~ once
enc~ In bkrg ~ ch2 NJ. Reynolds Says
"IMink u vss y BE further says 'erhs representa-
ton ~ eivet ny MI Cvrahar, IL not reci 90 fer
my orsrrg him any anount OF stock ~ an induoemep
for his yoas y I hsd too conversations with him. Uasa
did ser N ~ Csrnsbas that he coud nave come OF the
ptrcb he 6tsred No. end spoke OF the proys. Of me