Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1867-10-17
Total resources in gross assets and g.,
MI

| Total resources in gross assets ana ,o- n.
,4S5 "
If this $3.50, 485 OF reported as assets
will come within two hundred thousand
dollars of paying off the three hundred
thousand Indebtedness Of the bank to the
State as Mr.. McElwee estimates, we shall
be much disappointed. Was no examina-
ton made as to what had become of the
property Of the bank, and what direction
its funds have taken, since its rumored
insolvency, and before the receiver took
possession, as well as since That may
not have been within the purview of the
commission Of Mr.. McElwee, but it re-
quires ventilation, nevertheless that
neither the President nor any alder,
abetter or attorney may escape proper
responsibility.
BB- With Pennsylvania and Ohio
Democratic, there is no reasonable doubt
about New York by majority even
greater. AMI as 60 these three greatest
States of the Union so must the result be.
1t is the deliberate decision Of the North,
which Congressman will do well to heed,
unless it be such Of them as are like the
Tennessee legislators, so without ca
pacity as to be without the ordinary
hopes and stimulus of ambition, and sat
isfied with the perquisites of place. There
is no doubt such an impression has al
ready been made as will make the count
unreliable which places all the Republic
can members on the Republican side.
We believe the extreme Radical meas
ures are dead.
Speaking of New York, Pennsylvania
and Ohio whose wealth exceeds that of
any other six States and whose COM
merce exceeds that Of all the others of
the Union while they have more than a
fourth of its population, the Pittsburg
Post exclaims:
1t is high time for voice so potent to
make itself heard. Our sons were led by
thousands to fruitless slaughter-yet it
was dumb. Heaping up, to mortgage
the industry and abridge the joys OF our
selves and our children and our childrens
children, rose mountain of debt-yet il
was dumb. Two years of peace, which
failed to restore the Union, we're added
to the four years of war which failed
and like those years we're spent by
shameless partisans in plans to prolong
their hold upon power they had usurped
power prostituted to the stirring up
anew of strife which had ended prosti-
tuled to the imposition Of military des-
potism upon ten sovereign States; pros.
tituted TO the crushing down Of an already
conquered people-our brethren, our
kinsmen-and to the lifting up into sole
supremacy there Of an ignorant and de-
graded race; prostituted to the Gripping
Of northern industry by reckless taxes
and monstrous protective tariffs, and
to the throttling of southern industry by
the denial Of order and law under which
it might ere this have well revived
prostiiuted to the denial Of any Recon.
struction laws for months, and then TO
the framiHg Of such as would longest
postpone their pretended purpose, and
then to hesping OF distractions, restric.
tons aud penalties upon these-yet still
1t was dumb
Long suffering and patient, indeed,
with their servants have the Northern
people been. High time indeed was IL
that the puissant voice Of these their
masters should be heard saying as Penn
sylvania and Ohio have said, and New
York viii say Let strife cease: let peace
prevail. let law revive; let the Union
/ live.
b6r Without positively charging that
il is 50. the Pittsbnrg Post hints the pos
sibiliiy Of the result in Pennsylvania
being changed BY malfessAnee on the
part Of the Secretary Of State. Aud it
makes the following expose Of the just
grounds Of suspicion;
Mr. Frank Jordan is Secretary Of The
I CoumOnEUslih, into whose custody ell
" IL