The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-06-04
nusCH1Evous RuMORs.

That there should be necessity for the follow
ing card of Mr.. Wr111Als cannot but be humiiat-
ing to the community. 1t is unfortunately one of
the toibles Of poor human nature to lend willing
ear to gossip, and in repeating rumor, to add q
little on to it. misanthropic F1enchman once
remarked that We are not displeased to hear Of
the misfortunes Of even our best friends, and
once people begin to talk Of suspensions and fail
ures, at time Of commercial pressure, no house
is safe from the aspersion. It is useless to say
that this is wrong that to repeat such rumor is
to be guilty of sander, and liable to an action for
libel; for all this is well known, and readily ac-
howledged by every one. Let our people there
fore be more guarded in their expressions, and
as Mr.. W. suggests, mind their own business, and
much will be gained every way. Mr.. WILLIAMS
in our opinion, has taken the most sensible course
in waving all false deicacy and fairly and square
ly boarding his slanderers and detractors and hss
thus forever put an end to all such hbellous ru-
mors. -'.
To THE EDITOR OF THE CHARLESTON DAILY
NEWS: 1t is with deep regret that feel it due to
concern that have been member Of for more
than twenty-five years. TO reflte the malicious re-
ports which have been 80 industriously circulated
in the streets Of Charleston for the past ten days.
did not deem it necessary to notice the report,
no gentleman in Charleston believed that the
house Of GEo. W. WILLIAMS Co. was not as
solvent as any concern in the United States; but,
for the faot that these false and malicious reports
have found their way among our friends in the
country, in shape calculated to do us and our
city serious injury, would treat them with the
contempt they deserve. e.- %,
The house Of GRo. W. WILLIAMS & Co. have am
pie means Of their own with which to carry on
their business. They are not indebted dollar to
q Bank in the world, and have large cash bal
snee to their credit In the New York and Charles
ton Banks; and further, the firm has not note or
acceptance due or running to maturity. Neither
are they endorsed on dollars worth Of domestic
exchange, and have but one sterling bill of
thousand pounds running to maturity.
Perhaps 1t might be comforting intelligence to
the friends t9) who have been 80 actively engaged
in circulating false reports to our injury, to learn
that Of the many millions Of dollars of foreign and
domestic exchange purchased by GEo. W. WIZ
1IAxs & Co. during the past twenty-five years they
have never lost dollar. -, ~.
II the people Of Charleston would devote half
the attention 70 their own business that they do
to that of Others we should hear OF fewer failures
and more prosperity It may be great amusement
to some people to stand ON the street corners and
talk about respectable houses 'suspending, but
to one whoss credit and reputation is as dear to
him as the purity Of virgin is to her, it is seri
ous matter, and not to be triaed with.
II dislike to appear before the public in this card
but duty to myself and the firm that I represent
and also to the city at large, compes me to do so
.-5. -, - .i GEO, W. WILLIAMS.