Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1857-07-09
SENECA COUNTY BANK.

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10 perfect keeping with the loo moral grade Of
the LOcOfocO party, as represented by its default.
ing Breslin and its virewOrking, falsifying Morgan,
we have had 8 simultaneous attack along the en-.
tire line. since the diyulging Of the tremendous
frauds upon the State Treasury by its pet Breslin;
and whose tracks have been partially covered up
BY a weak brOther.iu.law, elected by the Republi.
cans;-yes we say a brOther-iu law, 50 freak or
vieked as to assist in covering up the shame and
crime Of a defaulting relation, BY removing from
the depository Of the State the bonds Of Seneca
County Bank. The bank officers had complied
with all the requirements Of the law on their part,
and tho removal Of their bonds from The depository
was, in its effects, a robbery upon that institution;
but a statement in regard to all those things il
purposelY avoided by those miscreants, and The
old general howl is set up by the organs Of those
thieves, upon The banking institutions Of the State
50 that peradyenture the people might hold the
Republican party responsible for any loss that
might be sustained by the LM holders; because it'
adherents favor the policy Of a swell regulated
banking system" whilst their opponents secure
tie tools to rob them. But thanks to the sterling
integrity Of Gov. Chase, Auditor Wright and 9th
ers. those bonds have been recovered and replaced
How you'd It bave been if the Morgans, Trey.
tits and MediIls were in pOweri Every sensible,
rejecting mind responds, that the BoNDs would
have been "lst slide" and a refusal on their part
at officers of the State. to replace the bonds of the
bank, either in LInd or cash, and thereby crushed
the bank, for the purpose Of manufacturing pOlit.
ical thunder. Tie people should be, and doubt.
less arc, thankful to Gov. Chase for his immediate
and efficient action in regard to the embezzIement
The following, which We clip from the Xenis
TOrchlight gives the acceptable intelligence Of the
condition Of the affairs Of the bank;
1t appears that there is some doubt whether the
State will be able to obtain possession Of the
bonds, amounting to 1891 les, which should be
in the State Treasury for the security of the bill
holders of the Seneca County Bank, but which
are reported by Gibson as being in New York
Atwood d Go. hold 100000 of them as securi,
ty for m overdraft by Gibson in his effort 10 hide
his brother in.law's steOlings-Snd the balance are
on deposit with John Thompson in Wall street.
Efforts are being made to secure their return tc
the Treasurer of State; but in case Of failure ii
these efforts, the Treasurer has submitted the ques
ton to the Attorney General as to the liability o.
the State to the bill holders. Mr.. Wolcott states
that legally lie State is not responsible. but NOR
ally It is. as by assuming the charge of these
bonds. il has been the means of giving circulation
to the bills CT the bank.
P. S.--The Gazette of yesterday morning con-
tains the following important announcement, from
which it will he seen that the bonds are safe:
Dispatches from State Auditor Wright, who
reaches Columbus this evening, state that At,
woods claims are paid, ard the Seneca county
Bank Bonds arc in tho depository Of the State,
with Mr.. Ludlow, Of the Ohio Life ms. Dc Trust
Co. Bank. Some $4,000 of tie Seneca county
Bank notes have been RENTED to tho Treasurer,
Office to be burnt, aud bonds withdrawn.