Arkansas true Democrat., 1860-07-21

Joyeu U ilhu that these lanuS are yet OOunu by these mortgages and that the chancery court has been mindful of the interests of the people in selling the right of possession thereto. But the exGovernor intimates that these mortgages have been cancelled by gross mismanagement and wasteful ex- penditure of the assets of the bank. How this was done or how it could be done is not clear Nor does he believe it himself. for he elsewhere admits sale may be ef- fected. Still in the catechetical vein, Roane asks why we are boarding up large sums in the treasury in violation of the constitution ofthe State under the fimsy pretext of pur- chasing the mortgaged lands? In the first place we are not doing it. In the second place we have his horror of a 'depreciated scrip system" In the third place, these lands will be sold in 1861, and the State does not intend to let these bankites com bine and buy these lands for mere song, but with the means and an agent there, to make them bring all they are liable for. And then. the State is justly indebted for money borrowed and ought to pay it, When these lands are sold and the pro- ceeeds applied to the redemption of the Real Estate Bank bonds and the State pays what is due from her to the State Bank, then we are free from debt and the patient is we'll Here are two fierce questions: "Whv was the convention not conduc' ed as other like conventions have been conducted respectable vote required to make nomination? Why was it not composed and presided over by free and inde pendent men, and not by ofice-holders and those dependent upon men in place?"
 As to the first question we reply that the nomination was made by respectable vote, and, had another ballot been taken, two thirds or three fourths of the democratic vote of the State would have been cast for Mr.. Johnson If this is not enough, we tell the queriest that the nomination of Mir. Johnson was made unanimous, with the exception of one, or at the most, two dis senting voices. It strikes us, that that was quite a respectable vote. We believe the convention was composed of free white men and presided over by an independent gentleman Elsewhere, the ex-Govenor has alluded to the corruption of office hold CTS and office seekers. Now we do not share his opinion that all office holders are corrupt or dishonest. But as we dislike to differ with him, we will compromise in tl,iS way: Roane has been an oflice-holder and fife seeker. No doubt he will go down to his grave an a>pirant. So far as he re- lates his own experience, when he writes of corruption and dependence of office holders and a>pirants, we will yield the point. We are not stubborn When a man states a fact of his own knowledge and as the re- suit of his experience we must admit 1t. But we deny that it applies to others.
 We can only allude two or three ms- fakes Roane has fallen into as regards the bonds of the bank which he says were can celled fifteen years ago. This is slight mistake No such bonds were canceled. Bonds were pail into the bank and when the officers got short of specie were resold for as low as thirty cents on the dollar Gov. Conway had these bonds taken out of the possession of those trafickers and can celed. We respectfully refer the ex-Go- vernon to his messages and 10 the reports of the committees on banks.
 The alusion to Phillip drunk and Philip sober gives him chance to say that he is past blushing and to break out in one of his highly colored, poetical strainss We wish we had time to quote it, for its style and its admirable temperance sentiments. | If the ex-Governor was not so notorlously lazy we might hope that he would write a romance or turn temperance lecturer. In the former case, we are afraid his romances like his letters from "Contentment" would be so outrageously improbable as to shock belief, and in the latter case, reformed inc briates are about played out.
 | Gov. Roane, in both letters, asserts and re-asserts that Gov. Conway has wasted the assets of the Banks, that he has acted unwisely and imprudently. etc., etc. We beg the ex- G overnor to take drink of ice water,-and read the following:
 That Gov Conway has made a careful, cautious l and prudent Gov none wil deny; that he has care l fin lv h sbanded the resources of the State, and faithfully executed the law in collect ng far he could, the assets of the Banks will also be as readily conceded" ."-OM Line Democrat May 3lst.
 We ask John Selden Roahe, to read that again and read it slowly. As the school boys say "there is lie out" If Mr. Peek tells the truth, Mir. Roane tells falsehood and vice versa. On the 3l>t of May, Mir. Peek states d fact In June. Col. Roane denies this anl virtually gives it the lie.- That pistols an l coffee will result from this. no one need believe The ''social position" of the aggrieved party is 50 high, that he cannot condescend to notice the ex-Gover- nor in that respect. When these two wor thes settle these conflicting statements, 1t will be time enough for us to notice them further.
 The ex- Governor, following up the figure of the State as sick girl, insists that she is fast asleep and sinking. On the contra ", she was never in better health. Her cheeks are rosy, her step light. her eyes bright and the blood courses merrily through her veins. She Is promised soon to have the heavy weight of the bank debt removed from her shoulders. Rector, Roane & Co.,, want to make her carry it for twenty i've years longer, but like sen sible girl she objects to it and insists that it shall be taken offby those who should right | fully bear it. Arkansas is not only wide awake but strong enough to burst the bonds with which she has been tied. And she will do il.
 The ex- Governor keeps his spirits finely