Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-09-13

- Abh MiuuliiS up ltS diloli
not yet officially known hoy
Q much it win pay. But it has alread
paid over fifty per cent of its liabili
ties, and ] learn will soon pay som
twenty-five per cent more, and | hav
a stated, had the concern not been Grip
l pied by the joint action of the STAT
authorities, it would have finally psi,
every dollar Of It's liabilities.
HISTORY IN BRIEF OF THE S600,0G
5 The history briefly of this 5000, 900 i
this: during the late civil war, th,
assets Of the Bank of Tennessee wer,
carried south of Nashville, and tfli
: amount was captured by the Fedora
| authorities together with larger SUN
lthe amount, l learn, has not beer
fully asceriained, as il is said 1t wa
never fully accounted for when counted
in Nashville, and set aside by act o
the Legislature for school purposts
The Bank of Tennessee claims tha
this was illegal; that it was part o
the assets of the Bank of Tennessee
and suit is now pending in the Su
preme Court of Tennessee to deter
mine this question.
OLD PLUTO DON'T BLAME RUTTER 4
4
Thus months passed, and some one
had me indicted in Nashville for lar
ceny, breach of trust, conspiracy and
| embezZlement, upon the ground that
/ should not have receiVedthiS deposit
: In the face of all the facts have stated,
and i'm the face of a letter have in my
possession from Gov. BTownlow, Ot
| Tennessee, stating in the most pOsitiy G
and emphatic terms, that he "did not
blame me for receiving this deposit ;
that / did what all bankers would
have done-prOcuFed all the deposits
they could"
RCTTER-HOW HE WAS ARRESTED Is
NAsHVILLE-AND WHY He WAS
RELEASED.
was arrested in Memphis, Tenn
| upon a deieCtivc warrant, by an officer
from Nashville. The case came up be-
fore the Hon. Judge Hunter, of that
| city, and 50 unsupported was the
charges upon which this indictment
was based, that | was held in the
small sum of $1,000 for the larceny of
! SGO1, 900, to appear at the Nashville
| term Of the Court. When the day for
my appearance arrived, | was prompt
! ~ ON hand in Nashville, ready for
| trial. The Legislature, then in seS.
sion, had appointed a committee to-
| investigate this matter, and | was
waited upon at the st. Cloud Hotel
| zone of the best in the South by a
member Of this committee, and re.
| queSted to come before it. | submit.
ted the matter to my counsel, Messrs.
y. X Ed. Baxter, and MeClanahan Il
Clare, who said to them that Mr..
Rutter if under Indictment, charged
with grave offences, and il IS his con-
stitutiOnal right to decline 10 answer
any question from your committee. he
came here for trial, and not TO answer
qSestiOns. My counsel was informed
that if ! was permitted to come be
fore them that guarantee would be
given for my full and perfect prOtec-
tiOn. accordingly an agreement was
written up by counsel, setting forth
that If / would hand over 10 this cam
mittee such papers and correspond
ence as had at hand from the lead
ing politicians of the State, and an
Swer such questions as were pro-
pounded me, that / should have a
complete and full acquittance from the
Courts, and never more be mOleSted. |
] AlG dAAGGtl4tnl VA SiRutA bN lut
committee, the AttOrney-Iienerai, and
the Attorney for the State, after which
! proceeded TO answer questions pro-
pounded by Hon, Edward II.
Fast, Attorney for the State,
which were of the most search
ing character, and protracted for
several days. At my request the
Receiver of this bank was summoned
to Nashville, with the books and pa
peF5 Of that institution, so that if |
had acted Cuipab.e in this matter, that
It might be investigated then anq
there; which testimony Of the Re-
ceiycr, rs well as every man supposed
e know anything Of the facts regard
Ing this meit6E, ieilRl to show or fndi-
cafe the Slightest !G94ndatloG iuf the
charges against me- or TO reflect upon
my character or integrity as man.
- 'TANGLE-FOOT" IN THE IEGIsI.A-
TCRE.
1t is true that a large amount Of
- Tangle Foot was mearthed BY Mr.. 4
East, so far as political corruption is
but this was so common
in the Tennessee Legislature, that l
never gave it any thought; bEt tG en-
outsider who was not on the ground
RQoF, as they call it in uU sDecd0tio1S,
such things were astonishing. The 4
fact, however, is this, that while was
working for the interest of this bank
and with no motive, Intention or de-
sign 10 sWindle or defraud the State of
Iennessee, these politicians were work
ing upon me TO become a general dis
bursting agent, to them, of these funds,
Or personal and political purposes
md, in fact, said thai they must have
inancial headquarters.
MEMBERS MIST BE NHTTEWASHED,
or OUR PARTY Will HE Ruined.
Various members OF the Legislature
we're Overhauled and said 10 be trhHe-
casbed by the Legislature upon the
ground, as was expressed upon the (
iOor Of the House Of Representatives,
{ this matter is proceeded in "OtfT ,
,oda ifiH e fGHaed.' The Speaker Of >
he House, hQweyer, Hon. I. S. !,
Richards, was Investigated amQng
Dthels, and eleven votes east to re- +,
move him from his seat. Mr.. Rich
iris has been rewarded for his fidelity !
o his party in Tennessee by his ap- /
continent as Consul to Leeds, com |
nercial city where his proclivities for I
purquisite" win have fair play. l II
'GtheF like Richards, but it was very {
lnkind in him and other members of :
he Radical party Z" to 90 back on me +" ,
lnder all the circumstances after they {
lad used me all they could. The :
f0n0rahies played at 3. Tickle me {
md l'll tickle yQu.H
After my examination hefQre the I
committee / could not 5
ret even recommendation for office 6
because l declined to attend the Loyal /
league, while twO-thirds of the mem
,ers came on to Washington City with
heir pockets so fun of endorsements Z
hat one would have thought that :
hey were lot Of Notary Publies, do :
ng business in time of IA panic. A :
loser Inspection, however, into these :
and the mqdus operandi, !
II family arrangement By which I
hey were obtained, will no doubt /
muse, If not enligbten, the public. !
after the adjournment of the Legisla= j
ure Grand Council was held among =
and it was agreed that q
hey should c0tiRteT-61tiOrSe each n
ther; that is, II yOH ieW endorse me
or mis- position, irW endorse V0n for y
hat one 50 that loyal slatev was :
asily procured, and they all went TO =
he National Capital with the word \
Honorable" appearing upon their i
eyaral parehments in letters as large !,
: John HanoGek's signature to the =
declaration Of independence.