Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-05-27
W. ". DliONNLJNy
Eovarpor of Tappocoas.

H.# governor OF tennessee.
Q-Piease state why il was that Gov
Brownlow warned you against Treasurer
Stanford, and what connection had DR..
Stanford with the deposit of the school
fund in the bank
Ale said that Stanford was an Oil
johnson Democrat, and was not 10 BE-
trusted under any circumstances, and
think another reason for il was that
he thought Stanford might turn upon the
party and ''blOw" on them and ''show
them up in their true light. StanfOrd's
connection with the deposits in the bank
was honorable be did what he conceived
TO be his duty under the law creating ;hi5
bank the fiscal agent of the State.
Q-What parties were chiefly instru
mental in making the Tennessee National
Bank the depository of the State, or fiscal
agent, and what means was used 10 secure
their influence and cO-OperatiOnl
= A-Some of the persons who received
money connected with the passage Of this
bill, and to manipulate the affairs of tbs
bank, were Sam Arnell, James Mullins
VIM. Spence, T. b. McElwee, Gen john
Eaton, Jr., James ID. Davis, Senator W
X. Hall, VIM. Wines, J. s. MullOy, +. :.
Richards, Wilson Duggan, Bzrbou:
Lewis, - Hepburne, John Martin AMI
w. J. Smith With the exception OF
Barboar Lewis, Martin and Hepburne,
all were members of the General Assem-
bly, of 1866. 800.
Q-Were the sums paid or adv aaeed 10
the members before OF after the passage %
the bill Z ..s. .H
Al let these men have money before
and after the passage Of the bill through
Parham, my agent, and myself
| Odd You or your bank at any timn,
| deliver TO anybody, as agent Of the State,
any security Of any kind, as indemnity FIR
the loss of the school fund?
Ave paid over to q COMMITTEES OF the
Legislature, consisting Of BOsson, Spence
& Co., some $40, OOO-S5O, 600 Of which
| was an order on the Treasurer at Washing
| ton for United States securities, besides.
think, some $50, 600 or S3I, 600 OF 81, 900
Tennessee bonds Igave them my carptt :
sack in which they put the money, etc,
! and have not heard from any of il since.
Q.-Was the order On the United States
Government given by your bank to de
committee for bonds or CASH was It az
| cepted and paid ~ 81
Al was for bonds il was accepted
and paid.
| Q.-To whom did you pay The $50, 900
| or 81, 900 Of bonds Of the State Of Tonnes
see? ,1 d
l A-To Col William Bosom.
| Q-What disposition was made Of these
| bonds? az
l ADO not know what became Of thera.
/ Do 200 know Of any other perssn
than those spoken of who received money
in consideration of services rendered 10 ss-
cure your bank as fiscal agent?
| Al paid W. FL Pearne some money 10
| 90 up and see Bosom in reference to the
bank matter. met Thomas Il. Pearne on
the cars between Nashville and Bristol, aud
when he found out that was going TO set
out on the party, be advised me to leave
the State and 60 up in Virginia .sfor Iay
health" he being into ell the Little panty
y ''dagraneies.
A Q-Do you know any other or further
fact Of interest or benefit TO the Stale IN
connection with the subject Of inquiry bo-
fore the committee?
III An answer 70 that, allow me to lie
the following statement:
III GEORGE z RUrrEE.
Il [CoScLUDED ON FOURTH PAGE