Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1858-05-30
ExcHAKGE BANK Ar KURFRFEsgoRo

1 - ~ AA1hhllie uulQl and American, NAY I'll
cannot regard the Communication Of Col
/ 9nel johnson in the Union and amsricaa Of
/ Tuesday last, in any other light than ss =
/ charge OF fraud on my part in proearinf he
bonds Of the Exchange Bank which were de-
posted as a basis of banking without the
Comptroller, Col. Luttrell, cancelling or burn-
ing corresponding amount Of the circulation
o. the Bank. Ihbi of necessity also involves
Goi. Lattreil In the same charge. To repel
tnis serious ehsnss, | must necessarily spea (
plainly Of Mr. liorton, Cashier Of the RAM af
tennessee, as 4 an satisfied that be originated
the ealumny, and was shrewd enough bv some
solt OF iegeT demain to get behind the curtain
shu put offers Of faore reputation than himself
toTwsrd As principal.
Wien | eaoe into Nashville on Thursday
as was surprised to learn that runors were
a. an Jst through the city that all the bonds which
q fd been shstrsctsd from the Exchange Rant
5ea neen obtained By me fraudulently from
Sei' LuttreI | Immediately went before the
COMMITTEES OF investigation and asked that sew
eral questions which wrote out aud banded
% the committee should be put to Mr. Morton
IBIS was done, and, as | learn, Mr.. Morton
them at the Bank. The committee 5e.;.it5 ~ ~
to answer ihem- He gave some rsaso5 so-
wishing to 60 e the Bank, and De vas permit.
ted 70 DO so. Now l as3ert there vas not
siusle question that required any reference 70 4
book or paper in me Bank. They were go
Ms ms Lela5ins TO transactions between Mr
N NO .r,5 Sol ala iAyseh They were given 20 him
Sa+-I 81 iu'ls' ~, AID De handed in his answer on
Ihe eomnittee wer, at the Bank ~ Tsnn..-
= Counting boris. Friday .venine and r.
icy We're Trough, learned that enc Of them
sea,Seo-p-at Mr.. Morton had not handed in his
iep-J. Ali the questions asked bin be should
have answered as fast az the enswsfs e,ni9 h. 1
written down Bat be taIsss them to esBsnk.
reads them to Col Jeanson, an1 has managed
~ ~ naAe the .ssue between the Bank Of Ten /
nessee ahS myself ] DO not complain that any |
Sslsnld step in as a volunteer TO sustain /
fur. Morton 10 this matter. | feel conscious 1
Of innocence, and that | can satisfy the pub 4
lie, and It is no difference who stands god 1
father for him.
The card cf Col. johnson states that the /
Comptroller deposited the bonds Of the free 1
banks in tin boxes. ! proved before the CON-
mitttes on Tuesday, BY Mr.. Reynolds, that he |
saw Mr. MoT.on's sen, a youth of twelve or
fourteen years, folding the bonds and putting
them in boxes at the Bank Of Tennessee, in the
absence Of the Comptroller and his deputy, for
which service Mr.. Reynolds, acting as agent
for two Of the free banks, paid him Mr.. Nor
toms son. ive doliare viii prove that this
youth was engaged for several days counting,
folding and putting in the boxes the bonds Of
aolng by the banks. krOved BY Col. Luttrell
the Comptroller, that young Morton did this
business without his authority.
Col. Johnron's card says again q and when
ths Comptroller came or his deputy, with the
keys, they were permitted to open the boxes,
e." Now is it not clearly understood from
this that the Comptroller kept the keys OF the
tin b0Xes2 The proof before he committee is
that the keys Of tie tin boxes were kept ia the
rlr tax ha ~ L.
them 70 drawer Of one Of the desks near his
table. This is important testimony for me, as
the statement is made that no one but the
Comptroller or his deputy was permitted to
handle the Bonds. ] presume that every one
connected with Free Bank, when be was sp-
preached By young Morton, and agreed to pay Y
him for folding ard putting away bis Bonds,
vision OF the Cashier Of the Bank. The table
occupied by the father was very near to the one
on which the son folded Bonds amounting TO
over a million Of dollars. 4
Il would be strange indeed, if a father would
permit son Of his years to handle this amount ;
Of bonds aud place them in their appropriate
boxes, unless be was present 20 see that each
bank should have its proper bonds.
Col. Johnson, IN his card, undertakes to sc-
count for all Of ny bonds by referring to my c
statement Of July, 1851, and to the report Of
he Comptroller Of November. 1857. 1t is in I
proof before the committee by the testimony of
Col. Luttrell, Comptroller, that his duties when
hat report was made out were very heavy, and
hat be had to rely on his deputy to count the
bonds; that errors were pointed out to him, {
and that the list of bonds, as reported in No i
7ember last was not reliable. Now, as to the
July statement, why did net Col. johnson, in '
ais card do me the Justice to publish the state
nent as part Of bis card? It is short, and
ere give II;
5TATE OF TEE EXCHANGE BANK OF TENNESSEE.
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