, 1872-10-26

| the reputation Of Mississippi's bonds by Gov
! ernor McNutt, in 18n.
| Ambrose f. Sewer, who lies buried under a mar
! bic monument at the expense Of the State He
was the prescriber Of its mornls and the organ
| izer of its politics.
| two banking corporations permitted by 1aw-had
capital Of 81. 5000 in stock, which it loaned
| to planters, and took mortgages On their land.
The State took these mortgages, and issued
to its order, and the annual interest to bo as
su.ned by the bank. OF these bonds, $500, 600
were indoreed by the bank over to the North
American Banking & Trust Company, Of New
York, to Eaiee funds This Company pledged the
soon afterverd the Trust Company failed. At
this both the Real Estate Bank and the State re-
pudated tie bonds, and alleged in bar the frauds
Of their agent the Trust Company. Thirty years
afterward, the cnrpet-baggers resumed RESPONSE
| bility for The Halford bonds, and the State was
| mulcted FOR 81, 100000.
But this was not all. The Legislature Of
Arkansas, according to the Cincinnati Gczct!e
Of 1913. received the following report Of the be-
! haqior ct its Senator, Sewer:
| United States Senator Sewer and General T.
! T. Williamson were made Commissioners to sell
| the State bonds in tie East. They we're accept
ed at par by Levi Woodbury., Secretary Of the
| Treasury, and the Smithsonian Institute be-
| guest, III gold coin, delivered up to them! They
| paid broker $1,000, paid themselves $4,000
each " as brokers' took 914 900 apiece for ex.
| penses. loaned friend in New York $500, and
| western and Western funds, pocketing the dif-
| ference Of exchange. The Committee found, OF
all this, but S15, 600 specie in the bank vaults,
and the assets almost Valueless.
| A correspondent Of the Little Rock Gazette,
March Is, 1872 said: "There is nothing to do
but for all the banks to SO into liquidation this
| delectab}e condition we have come to in four
years, spending 81 soc, ,0o0! ,
Tic Philadelphia Ledger Of September, 1941,
I elowed that Arkansas got Of the Smithsonian
fund s5ss, s,0Oo for State bonds on which the de-
| probation was already S242, 600. It denounced
the lending Of National funds to States.
Thus, the Smithsonian bequest was Gobbled
g. town that Smithson had never heard Of and
| Congress had to renew the bequest ont Of the
| public revenue. Arkansas and Sewer have 9
tine broHn-stono monument at the City OF u ASH
inGton.
| Tue FATHER OF TIE PUBLIC FAITH.
With oil this scandal hanging over his head,
Ambrose Fl. Sewer was reelected to the Senate,
Nov. 22, 1S42,-althoush his first term was not
to expire until 1S45. He got votes, and Pike,
! "this is taking time by the forelock.''
| In 1912, Governor Yell recommended the wind
ing up of the State Bank, to follow it's preco-
cious colleague, The buildings where these two
incorporated robbers dwels still stands IN Little
Rock, near the Estate House, their cotempo-
and dishonest as LAWS mississippi Bubble,
which was based upon the productivenesB Of
these regions, 125 years before. The Arkansas
Senate Of 1918 contained 1G farmers aud law
| yern the House. 81 farmers, Il lawyers, and
| phys!cians.--in all CG. Three Of the Washita
River counties yielded 10000 bales of cotton in
| the same year.
| PANDEMoSITM.
| Arkansas now syInpathiZed with the Cher
okees in their exterminating war, where Jesse
Bushyhead, end John Ross, and John Rodgers
led the combat Of the old removers and the new
1y-a1riyen from Cis-Mississippi. By sympathiz.
tory extended to Arkansas; for, all along the
Indian line. a=saesins lurked and low grogserieE
abounded.
In this year of 1913. Judge Field charged the
Grand Jury of Arkansas as follows:
ssIn some parts of Arkansas, it is really dan
gerous for Judge to protect his station from
insult or assert his authority. # what he says
or does is not exactly agreeable to the taste Of
some, he is in danger Of annihilation. Ono o.
two Prosecuting Attorneys in the northern par
Of the State have been waylaid and murdered
for doing their duty. In another
part, Judge was barred out Of tn
Courthouse by the population, and hi
n DANGER ne Anothe
Judge was near being attacked whilst On hi
bench, for exercising his authority IN Keeping
silence in the Courthouse during business
hours. Another was forced by an armed rqtfa1
1
while the Court was in session."
POLITICS AND FINANCE N PoLK's TINE.
| We first hear Of Henry NJ Rector, the subse
quent Secession Governor, IN the Little focE
! Gazette Of May q, 1843. That virtuous .pape1
| said that the yeomanry Of Arkansas tlngled
with Indignation to hear that Rector had sue
| ceeded somebody else as United States Marshal
By the way, the veteran editor Of that paper nae
= county named for him in 1869. There Is
county in Arkansas named for all the ole
desperadoes: Conway, Sewer, Pope, .Desha,
Crittenden, and Ashley. The carpet-baggere
have added sarber, Grant, ETC.
In 1843, Van Buren, was the first choice OF thf
ruling element of Arkansas, and Calhoun ths
second. for President.
l.. In 1914, there was a tremendous political con.
test, there being candidate OF the centEa
CLIQUE Of the Democratic boilers, and OF tht
| Whigs The central clique had to Withdraw
two Of the men they selected euccesHiyely, OF or
account of notoriously bad character. The st
Louis Republican Of Aug. % said:
"The whole of them are better qualified 1o1
the penitentiary than for Offices OF honor O
profit. Charges Of fraud, perjury, Ewindhng
and forgery are dealt out against public mel
with recklessness which anazes us
Nevertheless, the regular candidate TOT Goy
ernor vas elected, and the Democra11c po1tef
polled only 200 votes. ;,
The acting Governor said, in bis message, tina
the State Treasury was not able to Pay IN 1ae m IN
terest accrued on the State bonds, S5oA 5oI nm
disputed interest; and in the midst or tnes' s,
excesses. Chester Ashley WAS elected to be Sc
viers colleague, nice Fulton, deceased: Ashle.
was planter and trader in Northwest Arkansas
from Massachusetts via illinois: He dlgd @ Il
Washington, in 1s4s. Fulton had died at x Aose 45
wood, near Little Rock, and was buried at tn
Thomas S. Drew was elected Governor i
1874, receiving s,797 votes, to 5o4 to- ter Boyd 20
boltor, and 1867 for Gibson, Wing; The Stat i
Senate stood q to 4; the House, q to Il: Pol
got, the same ear, 9,545 votes, Clay 5,l22, 70
President. Tho heavy Wing counties wer
where the more refined planters lived, as chicot
Ouachita, and Phillips.
In 1845, distinguished citizen of Arkansa
was hung for murder" Buffalo Bill Th
wrong man had previously been hanged for on
of Bills murders.
About this time, the Missouri and Arkansa
boundary line was definitely settled: Gur1ou 1sa!
revelations in nature had been developed by thei
survey; amongst other things, spring, nea
Bates!e which discharged slo4e I'm eH6i 4ae
There was sharp contest over the successor
ship to Aahley. ". X. Sebastian got it, and Re
manned in the Senate nearly thirteen years, , "a
expelled, with his colleague, Mitchell, II ls6l
A. II. Sewer presided temporarily over IN