The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1873-10-25

on each floor singing birds filled the
air with music, costly yIands loaded
down the tables, aud champagne How
ed until morning. The bull WINS NJ the
house Of Mr.. Henry ID, Cooke aud was
reported 10 have cost several thousand
dollars.
Banking is, no doubt, good business
IN Washington. Banking Or raking
for oysters Is good business anywhere,
II Ii can Inc done on other peoples
money. The people who had been
loanlng Mr.. Henry ID. Cooke money
asked him for II the other day, and he
slammed his bank doors IN tnelr faces,
and In effect replied that his hundred
ParisIan trunks, his fine houses, and
his expensive parties had used up their
money, and there was none left for
them,
NV, this man Cookies bank was II
national bank. The legal receiver Of
this bank makes the following report
oapi'al''"'I,,,,,,a.,,:.,r;si,''"""''"
Bonds held BY Jay Cooke g.
Co, (brothcrl, "y,,r,.r.'y;"s
Duo from jay Cook 90.
(brOther), ,.,.,..,...,.,,.,,,,,,.,,sI5Dhl VI
Accrued intcfestn",.'""u"" l,'h W $50 On, q,
All the capital and S272,sGl 40 of de-
pOsitOrs' money, taken out either to
loan TO n specializing brother or TO pur-
chase rich Partisan goods.
The law In regard to national banks
Is sec, 30:
That every president, director, cash
les, teller, clerk or agent Of any 0ssoci'
alton who shall embezzlc, abstract or
wlllfully misapply any Of the moneys,
funds or credits OF the association shall
be deemed guilty Of n misdemcanor
and, upon conviction thereof shall he
punished by imprisonment not less
Than five nor more than ten years.
And section 20 of the same act says:
That the total liabilities to any nssO-
citation, or any person, or any company,
corporation or firm, for money borrow
ed, including in'the liabilities OLA COM
pany or firm the liabilities Of the sew
eral members thereof shall at no time
exceed one-tenth part of the amount
of the capital stock Of such association
actually paid In.
The capital of this bank being $780,
900, Mr.. Cooke had no right to loan
any person or firm over $50 900, or one
TENTH of IL capital, and this on
good security. For this connivance or
theft his punishment Is Imprisonment
for not less than five years
II happens to be the duty Of Mr.. At
torney General Williams 10 indict and
prosecute this man, Cooke. Mr.. AT
torney General Williams happens to
be nm appointee of President u. =.
Grant, and President u. ). Grant hap
pens to be n "special dcpositor In Mr..
Cookies bank, and personal friend of
the said Cooke. Mr.. Secretary Rich
ardson Is responsible for the deposit
of the peoples money with this said
Cooke without security, after he very
well knew of Cookies extravaganza
and illegal manner Of doing business.
Mr.. Secretary Richardson Is likewise
the appointec of President u. $. Grant,
and before his appointment was the
agent of Jay Cooke g. Co. for various
and sunday things. II is within his
power TO punish Cooke, If he desired to
or burst. But he dare not And thus
the people's money Is stolen, and thus
the President of the United states
lends himself to designing scolndrels,
smokes cigars as Nero tiddlcd, connives
at robbcries and debauches the public
morals. While apparently respectable
men and newspapers sustain such a
man, and such men as control this
Government, no man of sense can be-
lievc that they are not all participators
In q grand national fraud. What have
we to expect?