Brownlow's Knoxville Whig. [volume] (Knoxville, Tenn.) 1866-1869, 1868-01-15


Bank of Georgia, and said 1.-THE Bank of South
Carolina is not the State of South Carolns," and
decided that so far as the connection of the State
with the Bank of South Carolina was concerned the
State occupied the position Of privats citizen-no
more, no less" Chancellor Harrison, apprehend
would be slow to find private citizen to meet all
the obligations of corporation in which he might
have stock. Yet he would compel Tennessee, IS a
State, to meet the liabilities and pay the debts of
corporation in which it was q stakeholder in the ca
pacity of a private citizen, and not State AS
we'll might the United States be made liable for the
issues Of the old United States Bank as to compel
Tennessee to redeem the notes of the Bank of Ten
nessee.
have yet to hear Of any claim being made
against the United States on this account. Howev-
er, "Mr. Doughty" and Chancellor Harrison may
turn their attention to that subject, after they shall
| have succeeded in their present project.
Having now extended this article beyond the linz
its intended, remark in regard to Corporations,
that it Is a we'll recognized principle of law, that
stockholders cannot be held liable outside of the
stock invested for the debts or obligations created
/ by the Corporation and having demonstrated by
undoubtabIe authority that the relations sustained
by the State to the Bank Of Tennessee was that OF
"a private citizen" to an Incorporated company
follows rs legal, as we'll as logical deduction, that
the State is not bound to redeem the outstanding
issues of said Bank.
see a communication in the Vine from 'Mr.
Doughty" which assumes what is utterly false and
what every reader my communication knows to
be false In order 70 have something to write
about, presume, ne states that adroitly charged
him with opposing the Indemnity Bill. This is
false as 3 reference to my communication will de-
monstrate Nothing but the Imagination Of mad
man could have put such construction what 1
did say: but 1 am Of the iopinion "Mr Doughty"
has permitted
envy and Jealousy, that pair of Devils
stuf'd like Paudoras box, with wondrous evils,
to warp his mind into condition to do, or believe,
almost anything Certain it is, made use of his
name but once in my entire article and that was IN
the following sentence 1.-THE House Of Represen-
tatives was startled on Friday last, by the intro
duction Of bill, by Mr. Doughty, providing for
the redemption of the issues of the State Bank of
Tennessee
This is the only mention of Mr.. Doughty in the
communication, which seems to have aroused his
belligerent energies, and caused him to commit an
ndiscretion of statement which it becomes my duty
to correct To convince him that did not insn-
uate that he had opposed the Loyal Indemnity
Billy ask him TO have some friend, who is honest
and sane TO read and examine my article, and ifan
honest man can find any such accusation, 1 will
concede my misrepresentation of thought, and mis-
conception of mind.
1t is true, 1 discussed the proposition TO redeem
the issues of the Bank of Tennessee with language
that deemed appropriate to the character of the
measure; but said not a word against the creature
who had been duped into presenting the bill to the
House nor did I insinuate either directly or in
directly, that ne had any connection with the In
demnity Bil-for against.
And if he had been halfas honest as he proiessed
to be, while writing, or having written, his COM
munication to the WHIe, he would not have dis
honestly taken extracts from different portions of
my communication, written entirely separate
subjects and placed them together as having refer
ence to him. He says l knew he was opposed to
the "odious Bank Bill" when 1 wrote my former
article; and after stating that be consulted with
me in regard to it, before introducing it, he says
During our conversation said, HOuk, will offer
this bill in the morning; get it referred to my COM
mittee, and will get you to assist me in making
report against IT," And to this he SAYS / answered
ON do it." In reply to that 1 will simply state
that it is untrde that instead of saying he would
offer tho BILL he stated distinctly positively and
,aader8tandingly, that he would not introduce the
9 measure at all but would return the bill to the
gentleman who had handed it to him. 1 have the
written certificate Of Representative Ches, Myers,
Baker and COrdell, establishing the facts as here
! given, and that with the understanding that he
would not introduce the bill, he left my room and
S they having heard him make the statement were
perfectly astounded wheu the next morning, he
introduced it, contrary to his promise the day
previous Then, l ask, how l could have known
= he was opposed to the measure He had dealt de-
- ceitfuy with other friends, as well myself. He
8 had said one thing and acted another. And is it
common nay, was it ever known, for legislator
" acting under the sanction of an oath, to introduce
and urge the passage of measure, upon the first,
or any other reading, to which ho was opposed l
have yet to learn that part of the duties of egisls-
ton.
He did not state at the time he introduced the bill that
be opposed to it, but after the House had voted to
lay it on the table, in appeal the House to
slider that and pass the bill its first reading, he
did say he did not know yet whether he would vote for
: it finally This is the substance Of what he said,
older and much wiser, should think, before he
yinces the people that he would introduce and press
measure 20 which he was opposed.
| 1 might say much in reply to Chancellor Har-
rison and Mr.. Doughty, but forbear for the present
If have anywhere seemed severe the reader viii bear
in mind that I have been answering men who without
cause have proper to attack personally for
f daring to expose infamous measure
do not claim be the equal Of the intellectual giants
- to whom have now partially replied, but
Il pebble in the streamet scant,
Has turned the many river,
A dew drop on the baby plant
O Has warped the giant oak forever.
Respectfully, &c,
l. k