, 1873-12-04

worth anything. and then generously
offer to pay defrauded creditors IN
refuse lands and Northern Pacific issues
Of paper.
A noted stable keeper of this city went
ecently to Philadelphia to .purchassts
ashing carriage fo- livery. He was re-
fired to the palatial residence of Z
em@er of Jay Cooke 4 Co. The gildsd
ssrnsge pleased his TASTE and he asked
for the owner to make his bargain. A
gorgeously got up servant informed him
that the mansion and all in it ''belonged
to the lady," and that she was the per
son to negotiate with. That will be the
answer whenever any available asset is
discovered.
When Henry D. Cooke secretly con-
veyed a way his property in 1867 to
HIS BROTHER JAY,
in tru st for his wifo; and kept the con.
veyancs hidden until he became bank
rupt, he guilty Of worse than dscep-
ton. During all that time he profsssed
to he the owner of the property, and
traded upon its credit as banker. had
it assessed in his name, and paid the
taxes upon it. The object of that con-
-, - =
fair to infer from this fact and from 9th
ers which have come to light, that his
partners have followed the example by
E,aking their wives rich at the expense
of their creditors.
SENATOR SHERMAN
| came from Ohio the other dav, looking
very blue over the result in that State,
an little comfcrted by the condi-
ton OF his Christian bankers hero. To
Jay Cooke Il Go. he owes muca of his
suddenly acquired fortune, while they
we're indetted 10 him for much valua
bic Legislation and is his iniusuce AZ
Chairman Of the Finance COMMITTEES. st
ne Treasury. Whether they made him at
special dspositor' or protected him
otherwise, is not vet lnawn, but 5hl,
and other secrets cannot be kept locked
up always. i key will soon be found
to open the vaults, where mass of cor
ruption and fraud is now hidden in dark
corners.
1t would be surprising. if the relations
OF tho parties We're not known, how
much interest is manifested by the lead
ing Republicans in and out of Congress
that the Cookies should not be forced to
turn over what they still posst IS under
the bankrupt law and let the creditors
be protected bylt. The politicians d raw
ing stipends at tho Fist National, and
Others who took their pay in bonds when
money was not convenisnt, are extreme
ly anxious to to avoid the Courts. They
claim to admire justice in tho abstract,
but do not relish its application, when
the effect might be to inform the world
at what price they were habitually PR
chased.
One case Of hardship is related as
having occurred on the day Of the cra.k
at the First National Bank. An officer
of the army on the staff of a distinguish
ed General tad deposited about $1,000
towards noon. Descending the stair
Case he was followed by person who
turned out to be the janitor, who on
reaching the entrance upon the street
began to close tho door. The officer !
asked why he did SO, and th. janitor re
pied that be was only obeylng orders.
Alarmed by this sign he returned up
stairs. demanded his money and was
answered 1t is too late." The lips of |
that officer are sealed, but they may be
opened by Congressional investiga-
ton. To name him now would be to
invite the vengeance Of his superiors.
But when those Thousands were de-
posted Henry D. Cooke and the bank
officers knew that jay Cooke & Co. had
stopped payment, and that the First
National bank was broken, because all
the public and private deposits had
been carried off to prop up their crumb-
ling columns. And now the religious
papers which recon mended the North
ern Pacific to their subscribers and led
thousands to ruin, and clergymen who
preach uprightness, are pleading for the
aid OF q >ngress to rescue these ruined
speculators and to give them millions
more of the peoples money.