Arkansas true Democrat., 1860-07-28
honesty and truthfulness in this community,

lst page of the Colonel's reply. Now is hls address simplya political contest with Gov. Conway?" You should make no such intimation, Colonel. We fear you need reminding of the above quoted Shaks- perian line. At the close of this same reply see how the Colonel contradicts any such idea. Speaking of his address in its refer ence to the Johnsons and Mr. J. B. J., the Colonel says: expected my address to be ofensiue. x X I knew the breach it would produce between myself and those upon whom it reflected would be irrecon- cilable." And yet Colonel, you really and truly believe it simply ca political con test with Gov. Conway" and under that plea can you hope to be offensive to or re- fleet upon the Johnsons, and yet pretend you are studious to avoid personal con- test with them!" Did you hope in this way to shirk responsibility, stab your friends under mock courtesy, and islander with impunity the Johnson family?" We might continue this much further; might point out the many and grave "mis- taken statements" of the reply in regard to the Colonel's relations with the J's; might show, that if since 1853 he has been at outs with the Johnsons, he has until recently kept it to himself and with his usual sin cerity. induced them to believe him their friend But we must pass to other top ics, having dwelt upon his relations with Mr. J. B. Johnson so long, because it is the ever recurring burthen of his reply.
 From Mr. Johnson the Colonel passes to Gov. Conway, and shows much spiteful- ness that Mr. Johnson should have pre- sumed to defend the Governor, and thence proceeds to prove he was not so C lament ably ignorant of State affairs.' And how reader do you think he sets about 1t? Hear him. :" It (his ignorance) is due to the credulity with which 1 have received the statements of the True Democrat. Has the intelligent Congressman really never heard of or seen such things as the report of Gouge and Miller, going fully into the whole bank question, that he confines his information to the detached, unconnected remarks of a newspaper? Or has his time been too much taken up, first, in the labor to secure seat in the House; secondly, to reach the Senate? Just here too, we would in the spirit of kindness" advise the learned Col. to examine the records of the Chicot court, the acts of our legislature, the records of the swamp land secretary and the reports of the engineers before he de-
 livers further opinions on levees and ditches. But let us listen to the Colonel, again show ing his knowledge of State affairs. "I never before heard the names of Messrs. Peay and Fairchild mentioned in this connection" G. e. in connection with the banks. For shame Colonel, for shame!! Did you never hear that by special act of the legislature a separate court of chancery had been es- tablished in Pulaski county? Were you so ignorant of our State affairs" as not to know that it had exclusive jurisdiction of all the Real Estate Bank matters? That this bank was placed in its hands to be liquidated? You could not have been ig-  norant that Judge Fairchild was chancel- Tor, and you surely must have known that Gordon N. Peay was receiver in chancery, and as such was intrusted, under the advice O. the bank attorney with the entire manage ment of the Real Estate Bank affairs; debts, credits and lands subject to the controlling revision of the chancellor? Youmust have known this, for it appears by report made by Gordon N. Peay, as receiver, that on the 9th day of June, 1859, you, Col. Rust, purchased of him, as such receiver, subject to the stock mortgage, one thousand and five acres of land, few miles from Little Rock; which land, as appears by the report of Gouge and Miller, had been mortgaged to the Real Estate Bank by James De Baum for stock. It further appears that this land when so mortgaged was valued at S12,675 and the improvements thereon at S3000, and that you paid for 1t the trif. fling sum of S3,015 in State bonds. You must know too, that the reason this land was sold to you so cheap, was that you got only the right of possession to the land and the equity of redemption, and that the land is still liable for the amount of the stock mortgage. Will not disinterested people of the State think it strange that you Colonel, never came out against this absurd Conway policy until you had pur- chased land mortgaged to the bank, which mortgage you must pay or loose the land? You must have known further, your bank connections proves you ought to have known, that this placing all the Real Estate Bank affairs in the hands of an honorable court and responsible receiver, assisted by learned attorney, for administration, thus making the bank assets and the mortgaged lands, such as you hold, pay the bank liabl- ities without taxing the people, as contra distinguished from the old trustee system, is the Conway bank policy? You must have known this Colonel, although you give no idea of it in your address and positively disclaim any such knowledge in your reply We greatly fear Colonel, you have permit ted your rage to overcome your reason and ;darken your recollection. You should be more digni6ed, my dear Colonel, than per
 init an " intensely vain " imitator of Gen. Jackson, and " malignant little imbecile" !" thus to worry you into passion. We have attempted, humbly indeed, and with great respect, to point out to you some of the .follies and inconsistencies of inconsiderate :rage, and we beg of you in future to try and keep as Sir Hudibras did, brain enough to outweigh your rage, if it be by but half grain. You liken Mir. Johnson to a flv-