The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-09-17
THE PRESS AND MIR. GARRETT-TIIE SUEP-
HERD ASYLUM.

The Patriot, of Saturday afternoon, has the fol-
lowing:
AN ANswER.-Our worthy neghbor of the Exchange
calls upon al his city contemporaries, give their opin
ions of the partial payments of the before
the late injunction was issued and adds that they ALL
speak at if they prefer it. As prefer not being in
such BABEL that would be, would rather have
this afternoon, and that will he brief as 1t is concu
siye, in estimation. The notification Of the payment
of the dividend ample enough for all in
Baltimore, at least to draw their money and the
why they did not do it, presume, that they did not
apprehend the shutting down of the gate upon them by
parties from abroad who really had no interest in the mat
ter The prompttude of the parties who did get their
money, does not appearto to be any crime than
the laches of those who dill The real question to he
decided to to be- Who the bottom OF the in
Junction. Mr. Garrett promises a satisfactory solution Of
thsqnestion, which trust will be speedily arrived at,
and then shall look trenchsnt from
neghbor.
Conceding to The Patriot large share of stu
pidity, cannot believe that it is foolish enough
to suppose that it has answered questions. We
said nothing at all about any preferences in the cash
payments of interest on the Extra Dividend Bonds
of the Company. We know that every body en- =
titled, who applied during the brief period, when
the door of the Treasury was open, got one-haD Of
the amount due in cash. On the Goth of August
we stated, to cent, what cash had been paid out
by the Company before the shutting down" We
then said that $685. so had been paid and that
S39, $500 of the cash portion of the interest
main unpaid. These are exactly Mr.. CARROTS
own figures in his paper of the 18th of September
which affords excellent evidence of the precision of
information. Westated moreover, in that arcle'
"that all the parties of particular consequence had
been paid off, and otherwise prorided for"-mean-
| ing thereby that only few old women and chill
| dren and foreigners, and parties who had not given
| the Treasurer power of attorney not, far
| as the cash went, satisfied. But certain parties,
who got cash for one-haf, like other peope-unlike
| other people, took, or rather we may say, gave
themselves the Company's bills payable, without
| grace, for the other hall. Mr.. Garrett, however,
says: 1.-The instructions to the Treasurer, were to
| furnish notes to all parties who might prefer
| and apply for them Now the point
! to which we wish astute neighbor to apply it
| self, is this. How does it happen that of all the
private parties interested, only Messrs. Garrett,
| and Hopkins, and Starr, and Hack, and Atkinson
| attorney "preferred" to take the notes of the
| Company payable without grace, as well as the
| Company's cash The fact that one of these gen.
tlemen is the Company's President, another the
chairman of its Committee of Finance, another its
Treasurer, and the rest influential and wealthy
Directors, is sufficient evidence perhaps, of their
! general sound Judgment in financial matters; but
| there are other men in this community just as
shrewd, and we have before us long list of such
who took their checks, but declined-we suppose
| We must say, since Mr.. Garrett intimates they had
an option-to receive notes. These gentlemen of
course, had a right to refuse these notes. and the
cash also, If they chose. But the fact that Messrs.
| Garrett Hopkins 'preferred to take notes, will
| be regarded by this community as pretty con-
elusive proof that these securities, on some ac-
count, and especially at the time they giren,
were worth taking. Now, having alluded already
to the Shepherd Asylum, which is of public char
acter and fairly open to newspaper criticism, call
upon the Patriot to account if it can, for the appar
ent "dches'' fthe gentlemen having charge of the
| funds Of that grand charity. These gentlemen,
| during the memorable week. went in with the rest
and got their check for $3.50. Why did they then
decline to receive note for much more, when the
option was rendered them and they might have got
it, and yet apply for after statement of the
10th August was published, when it was too late? If
the Patriot cannot answer for these gentlemen, per-
haps they will deemit due to their characters vigil
liant trustees, to answer for themselves We have thus
endeavored again, in the plainest way, to restate
| the point on which ask to be informed. Will
our contemporaries, who choose to treat the ques-
ton, please confine themselves to the issue?