Des Arc citizen., 1860-06-30
Who Are the Bankites

MT. Johnson in his address says that he never had anything to do with any of the banks of this State; that he never bor- rowed dollar from any of them, and was never indebted to any of them. This may be be true of MT. R. H. Johnson individually; but it is we'll known that his father and other relatives did have great deal to do with said banks. And that inasmuch as he Is now reaping the benefits of whatever they made out of said banks, he ought also to be held responsi- ble for whatever wrongs they committed in connection herewith. In lS44, Ben. Johnson, Dicks father was indebted to the Real Estate Bank to the amount of $55 ,000, which he paid off with depreciated fund, which he bought for about twenty or twenty-five cents in the dollar.
 R. W. Johnson paid off in like funds a debt of $72,000.
 Lycurgus l.. Johnson paid off in like manner debt of $75,000. w. H. Johnson paid off in like man. ner debt of $10,000. Jeel Johnson paid off in like manner a debt of $62,000.
 Euclid l.. Johnson and Richard w. Johnson paid off debt of $l7,000.
 From these items it will be seen that the Johnsons have, at one time, been in- debted to the banks to the amount of $3l6,000. They must have derived im- mense benefits from the use of such large sums of money. They borro,oed it from the banks, and besides they paid it back Tn depreciated funds. And that's the reason why the banks can't now meet their liabilities, and this is the reason why the people of the State will have to be taxed, as MT. Johnson says, to pay their debts for them.
 But again: MT. Johnson says, in his address, "I am no ways concerned in either of the banks, and never in my life had any transaction with them; nor am 1 ID any yay interested an having them svoond up." Sc.
 Now we think we can show that MT. Johnson IS concerned in the Real Estate Bank, and that he IS deeply and directly interested in having the affairs of that bank wound up.
 Ren. Johnson, (father of Dick) owned 300 shares of stock of the Real Estate Bank, valued at $50 0,000, which, with five Der cent. interest will amount in 1861 to $60 900.
 On page Al, Gouge & Miller's Re- port, it appears that said Ben. Johnson mortgaged the following property to secure the payment of said stock, viz: E. Inf. 25; ;lS.; Il W-320 acres.
 S.W. fir. ar. 30; S.; 10 w.; 206 95. 100 acres.
 Lot No. 2 of N. W. ar. 31; l S., 10 W.-126 72.l00 acres. The above are located in Pulaski county and are very valuable.
 The tax books of this county show that Mrs. Matilda Johnson, widow of Benja- min Johnson, and the legal representative of his estate, ssow pays tue taTes on said lands
 Does not this make MT. Dick Johnson as one of the heirs of his father, interested in lands mortgaged to redeem stock in the | nedf CIStUtC IJdIlh tO tflC oihOuit VI @OSt ! GOO? It looks something like it, And if the facts were fully known, 1t could doubtless be made to appear that these have made more out of these old banks, and are at this time more deeply interes. ted in having them wound up, than any other family or connection of men in the State.
 I. is charged by one Who is i'' q post. ton to know, that "every foot of lanc owned by R. H. Johnson is mortgaged te the Real Estate Bank" and that the blood relations of E. N. Conway anc R. H. Johnson have mortgages to the Req
 Estate Bank resting upon their landed interests. including principal and interests amounting to over TOUR HUNDRED THOU SAND DOLLARS
 | If these facts are not strictly true, le the True Democrat prove them nntrue.- I[Old Line Democrat,
 | .Ths Nav Work post states as fac