Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1860-02-16

I Tur BANK FAILURE AND DEFALcATiOs IN hn"Ds
IsLASp.--1t was stated yesterday thar the RHODE
Island Exchange Bank atGr .enwich had iallea, on
account Of the cashier proving to be de's9i'er'
| D. G. Ksnson 10 said TO be the defauitng omcer
| and has made full confession 10 Mr.. Robbins,
| the cashier OF the Merchants Bank OF Providence.
The Providence Journal. after stating that Mr.
| Robbins, In consequence OF certain rumors. nnder-
took 10 examine tho condition of the Excha"se
| Bank says: ,
| The first evidence Of wrong was found In . dis
crepancy Of number of thousands Of dollars IN his
account with the Merchants Bank. Bnt rs soon
as an examination Of the note account was made'
which Disclosed a deficiency Of some $25 ,0oo con.
cealment was no longer possible, and he confessed
10 Mr.. Robbins that he was detauler lie also
confessed that he had added to the crime OF steal
ing the still greater crime Of perjury. the oth
instant in the return he made to the State auditor
of the condition OF tho bank he had sworn that
the circulation was $40. 26s when in fact IT was
So 600 lie also swo-e that the deposits were only
So 756. when they exceeded the sum OF l2.0OO.
The whole nmount Of his deialeation to the Bank
il about $4,000. The capital is only 5000
Bill.hodcrs will not be Ioosers bv the dishones-
ty Of Kenyon. IF the circulation is not greater
than now believed. the assets OF the bank will pay
il as well ~ the deposits. But il there should be
n lack Of assets, the stockholders, among whom
are many men Of large property, arc personally
liable for the deGcienty--kenyon has also confess
scd that he has robbed the East Greenwich Saving
Bank Of $36, 900, half of the whole amount OF
its deposits. These dcporits the savings OF
the industrious poor in his neghborhood, and tins
faitbessness to most sacred trust which willbrlng
upon him the excavations of many ready to perish.
The large sum which he bns embazzed-Sl0S,-
OO0-Kenyon alleges has been wholly lost in stock
spcculutions. lie commenced his stock gambling
some years ago. and was at first successful. having
made $4,000 in his carly operations. His losses
have been in Erie railroad and mining stocks His
dishonesty is the more surprising, as he has al
ways borne must excellent character, and h's
style Of living prudent and beGtting his station.
iiis aged father, Mr. George Kenyon, well known
IN Kent county. is his bondsman to the bank Tor
$1,000 Mr. JAS. b. Pierce, the president Of the
Exchange Bank, is his bondsman To the Savings
BInk III tho sum ofSi0,0O0.
Governor Turner yesterday appointed Shobael
llutrhns and Henry Anthony, of this city, COM
missoncrs to make an examination of the affairs
Of the hnnk.. They will ut once report its conli-
tlon to the supreme Court when m in junction Will
undoubtedly he Issue !, and receiver be appoint
Ell to wind up its Affairs.
\ TIMER WITnotr TiS-MArRlMuNY or LArp-
ANrN.-The great danger of being ont Of money
VIA illustrated in Pula.k the other day hy
young man named King, n timer, who had list
ohot III vain Tor the Observation-Disclosures Of the tin IN
hls trowscrs pocket. until his case became de>pc-
rate. lie was engaged to goto Columbia aud
carry young lady through course of matrimu-
mai sprouts. The time was at hand and our tin
dimeless. Tho crisis affected his equn-
nimity desperately. He thought Of the despair
ing maiden going fearful aud unw"dded to a lime
j. couch on the night Fixed for her con jugal telic
~ after the assembled friends had departed, with
out hearing the welcome sound-the "brIdecroom
cometh.' As he pondcred upon Tie subject, lie
came to the conclusion that he could never survive
such an event. With one long lingering AMI
heightened ont prayer for his unhappy manynm
he Toured out large portion Of lnudannm AMI
raised it to his lips. just Mt this moment he
heard something drap and somebody seized his
suicidal hand. a friend was Mt hand. lie neg
tinted loan Of five dollars, on long time, and
rushed to tho time table in time to take his turn
Mt The matrimonial wheel. A happy bride and
good timer are saved by tlat five, and the world
ways. A true lc-Aashrdte Banner.
From W WASHINGTON. Washington February II.
The report which prevalent last nj ht in regard
to Nv Cass' illness was much exaggerated. 1t was
only a slight attack, from which be seems to have
recovered, and to-day he is attending to business
Mt the State Department.
Mr.. S;allworth, democratic member from Ala
bana, took his seat to-day for tho first time this
session.
The bad defeat in the House to. day of tho pro-
position to abolish the ranking privilege gives but
lltlle hope of accomplishing that very object
hereafter. As tho mass of the Senators and
Representatives from tho iiec States are re-
publicans they appreciate the advantage of mon
opolizing the mails for the transmission of frank
cd electioneering matter during the presidential
campaign; besides many members have little po-
htcal capital other than that acquired by sending
out ranked speeches and public documents to par
tizan friends.
Most aG the appointments connected with the
House organization have been made. | hear of no
appontec residing south of the Potomac. The
things is typical Of what would be the state of
things If n republican president were in power
MIR. Deirecs friends confidently anticipate his
final success through appliances in the interest of
al disappointed persons who have fastened upon the
llonsc printing at the last crust of patronage.
Mr.. SlidelPs bill which is the first in order rs I'M
hLshed business prohibits by severe penalties the
ssu of bank notes in this district and also the cir
culauun of bank notes issued by companies loca
ted beyond the District of Columbia or less de-
nomination than twenty dollars.
| A SrocEssruL PoLITiclAN.-Mi Milton S. Latham,
I the newly elected Senator from California; seems
! 10 have been "born to good luck He is now
about thirty-hse years of "gc, and has held the
| following important ohces:-- Having emigratea
| from Ohio to California, he inF4S5i elected
| Representative IN Congress from that State
! Failing in n reelection. he appointed hy
prcsdcn, Pierce collector OF customs nt San Fran
cisco, which post tie has occupied for three wears
! Nv" !thiS n'I MS retirement ne was erected, IN
September last, Governor of California, and i'm.
| mcdiatcly thereafter n United States Senator in
! place OF Broderick. This has been singularly
successful political career.
! THE NEGROES CRnr.-We learn that Col Ball
Arlington, of North C,roiina, but who as plan
tation in this montgomery yesterday sold in this
market lot OF cotton o,cnei By his negroes and
drew therefore ono Nousand dollars from the Cen.
trail bank. This money will be paid t" the negroes
by Col A.. in day or two when they will be abuu-