, 1864-12-18
THE VTEE1D-OPDYKE Libel.
SUIT.
Some IntrrcxtinE DeveIopn1cnts-Tltc
mnrlpoxn N1nex-IFcttont's s<De0r1
Eylenuks

Friends.
The famous Weed. Opdrkc libel suit isnow in
bearing In the New York courts. From THE
opening speech for The defense, By Judge
Piczrcpont, We gather tho following:
TIE MAntPosA AMAT1ER-GESERAL FREMoST's
'.pHAR" Fn1ESps.
We come down now to the MarIposa charge
that In this 1fasiposa transaction there vas
q very large amount Of money obtained by
Mr.. 0pdy liz out Of General Fremont. What
ure the iacts about TINT! Now nil know Con-
eral Fremont. The world knows his name.
Thera Is not q name more renowned in the
history. Of The world than his Is to-
He has been heard OF wherever civ
ilization has gone. lie is very remarka-
bic man he Is very peculiar man, very
singular man, q man with whom politically
never Ind any sympathy q man Of genius,
with sort Of poetry IN hts nature, touch Of
wi1dness and Imagination which leads him to
be man OF ideas for In advance Of the times
In which he lives; man that has nerer
troubled himself about money man that
don't understand financial matters; man
who is simple as child, md whom when you
see put upon that stand, as you will, you will
see exactly: the Kind of simple, honest, sinsu-
be is, you will find that It fell to
his lot to become the posscssor Of the Mari
posa trnct in California, a mine that was con-.
sidered, and is perhaps, the richest in the
world. That mine was considered ono of e1.
ceeding value, and one Of which he, after
trouble, had become the owner. BE was In
debt, and It WAS desirable to get him out Of
debt. and 1t Ens proposed that he should
mortgage these Marfposa lands for the sum Of
ono million five hundred thousand dollars,
and make Morris Ketcham the trustee, and
~ ~+a nh hf $r-
sued and the bonds sold In the market: That
was done, and that being done 1t was then ar
ranged by the friends, as they were called, Of
wh6rn Nr. George Opdyke was one Of the ac~
tive ones, Mr. Morris ketcham another, Mr..
THoey another. Xr: Field, Mr; OPdyke's eoun-
poss Mining Company ont Of The balance of
the concern, and put it into stock on top
Of that mortgage, and call It worth ten mil
lions Of dollars, which, 1t WIS supposed, was
what 1t was worth. This whole MaIiposa
property belonged mostly, at least Ave
eighths Of it, 70. Gen: Fremont him
under the laws Of the State Of New York,
q company called the Mariposa Mining Com
papy, and issued upon TINT stock shascs Of
one hundred dollars each. What do you sup
pose was then REQUIRED by these friends"
xho had aided in getting up this matter for
Gen Z. x vI Tns M1 taeS ne
and AZ. Hocy together q, 600 Of The shares Of
that stock-$Se, sd, ,0oo-for being his friends.
Two miIlions 1re hundred thousand dollars
for being his fliendse Very dear friends they
we.e-most expensive friends they were.
Now, gentlemen, they never: put into that
stock, one dollar. They merely turned In
Nemont,s property to. make the stock. aud
Mr. Opdyke, out Of fthat, had more than 500,
oO0 as bis share, for his friendship: That will
be proved to ron, gen ntlemen, and BY General
TWENTY-FIVE thousand more share-two mil
lion. I've hundred thousand dollars which be-
, lonred TO General Fremont should be placed
with Mr.: Ketchatn, 80 that they could have
pro1y on 1t, and SO that they could control
thc property, and General Fremont should
have no control over bis Own property. He