Weekly Council Bluffs bugle. (Council Bluffs, Iowa) 1857-1860, 1860-02-15

tended koE thaza. WaaI1 not manssoa | i
IL nazasa haa refeFrea 10 tie paEsies, !
! ssesrsain partias.n MasR IL aheg ars
= only parties IN me city who have
sanad maney 10 shs city, or hare besa
oansossa with heE aaansial af1airss thsa ,
| weula be Iagitimass aa Fspg Cor
ham Il say sAas shs Allegaalaaa wsse
aaaaasa feg aAsms BIS shs sssgaaA u
.ssasEy, provsa thai sAsy ars DOS re
saly parties ia the siays aad hence il
Eaalews shsy bad ae righA . aaaazes lhaa
.ha allagassans we're inssAaea sSF theaa,
anlssa the sssAos,s Asssd, and their trans
aesians with tha city jassiaed, - aoas
exaama, ths making q No allegations |
segarrsa 10. However, slase aAssa re-
doahsahls sAysssTs bare vslantariiy ap-
psared and plead 70 or Allssaaieass il
viii nos be ont u erdinaxy Eales saoala
ws snsas their nsmss h tAs Indictment
aud proceed agaiaas them - the guilty
party. ,sa
Thsir eommunieaiisn sontaius sesasI
ErasA, bus ia il 40 naked up with Z lse-
hood, that il viii b almost impossible
70 separate IL.
IL Ia txas that d. w. prise and ]. Z.
Baldwin were authorised 80 negotiate
the Si0, COO loan referred 10 in TIE Be-
sas article, and il 10 also tsae thaa shey
did nos make tbs negosiasioa. Caps.
Price, vino il not banker, aud who 4
an hoaoFabls man, vas bat 0ass Of the
parties authorised % make shs negosiA-
ton, and no doubts, as be was aet
baMksr, be allowed MIR. Baldwin, who
asas . banker and shrewd HnaaeieT, as
shs truth Of history hath psevsR, 10 sOa-
duet shs negotiation.
ar. Baldwin discovered that be and
Capt. Price could NOS mako ths negoti"
ation; bat 81 the sama tine made the
astounding discovery that Peter B. Rsed,
enc Of the arru Of Baldwin, Dodge h
Co., was q suitable peraon 70 employ to
make il. Peter r. Reed, in due tims,
through his partner, JOhm I. Baldwin,
reported thai be had negotiated the loan
and sold the city bonds At s5ssa On the
dollar, and the sale waa esnarnsd by
the city, and the bonds issued.
All this, however, does not prove that
there was no s'seIiEdassAry" assd in ne
gosiating the bonds. 1has che city con-
scented 30 Ghe sale Of the bonds IT sSets
On the dollar, is true, bat that does not
prove that Pster r. Reed, partner Of J.
7. Baldwin and 6. ID. Dodge, could not
hare sold them foE better pries, nor
that he aad his partners we're not actin
al purchasers, though bid from public
view by the use of the nAma Of Hamil-
ton White.
Baldwin Il Dodge, ia eject, say, that
We were chairman Of committee TO az
anime shsir account, and found ID ell
right. This is not true, We we're
chairman Of g committee TO investigate
the matter of the negotiation and sale
of $I0, 900 in city bonda. Is is sFae that
we saw ths account of Bald win, Dodge
L Co., bus we did not report that ae-
count sail right )" if We bad done 50,
why did We recommend thas the City
Recorder be instructed 80 settle With
them2 'a 80 81.
II their account was all right as 10 the
amount received and aisbussed, ii w0' d
not effect the s'allsgzaion" ShAt these
parties sold the bends 20 thslasei4ss, st
a discouns, aud charged she city 8 pee
esns- for making the sale nor Wsuld il
exhoRorase them from ths charge Of
charging the city usurious interest upon
money advanced 10 pay their swu in.
dsbtedness.
As ne said before, We were chairman
of the committee to investigate tbs
transactions under consideration, W.
we're appointed on the 20sh- day d
March, 1857, and upOn the same dal
called upon Mr.. Baldwin to learn tb'
post afkee address Of HAMILTON White
10 whom it was reported tbs bonds weF'
sofd. The information desired, stthal
tiu4s, was refused. A day or two after
We wsre informed, By the post master
who was = member Of the committee q
Investigate Ehis matter, 4hAt J. I. Bald,
win had placed in she ofaes letter di.
rested TO HAMILTON Whisss Syracuse, N
York. We thsreupon addressed lstte1
TO Ar. White, Of which the following h
"a copy, and to arhich tvs fsscer rscs ivsd
dag reply. We understood, how svsr
from Mr.. Baldwin, thas IA had receives
letter from Mr.. White, saying that b,
| Whiss) had rsesived letter from as
and asking him CBAldwin) "whas wa
ap about the bonds."
cOFT or ERTvKR TO HAMILTON WRITE. .
| fsCoUEcn BEuERs, Iowa, ]
| March, GATH, 1857.
Sra: By rsaolation Of tho Board OIL
Aldermen OF this city, am instructed
TO inquire whatheg any Of the bonds oi
this city have been sold 10 yoa---n any
bow many, and Of what denomination
aud the aggregate amount negotiated