davidaulloa/AmericanStories huggingface dataset:
, 1875-08-21

condoned by the bankers would disqualify them
from prosecuting. The banks must come into
court with clean hands. If they have winked
at the practice which they afterwards find it
convenient to reprebend, and have gone on
supporting parties whom they knew used
accommodation paper Systematically in order
to avoid pecuniary loss, they are morally art
and part in the fraud"
In the present instance the directors of the
London and Westminster Bank represent
themselves as having been deceived. At
their annual meeting, the other day, the
chairman denounced the fraudulent practice
Of which they had been the victims in un-
measured terms. 1t is obvious that he talked
very much at random when be spoke of accom-
mediation bills as if they were an invention
of yesterday; but the more indignant he was,
the more are we shut up to the conclusion that
the directors were systematically misled as to
the character Of the Messrs. Collies' bills.
1t may be said that this conclusion saves the
directors consistency at the expense OF their
business capacity. 1t is certain they ought to
have known the character Of the mass of paper
they held, or that enquiry into the state of
trade and the knowledge which one would
suppose is natural to bankers must have soon
informed them. The London and Westmin-
Si0r directors were lHHUCenI e1OuSu W uuoI
implicitly to the "marks," which they believed
indicated that the bills represented real trans
actions. Their shareholders are the sufferers
because they did SO, and the Messrs. Coils
are ihlioted as criminals because their business
career, which ought to have been closed long
ago, was continued through the over-indulgence
and the overtrustfulness of their bankers.
The London and Westminster Bank have sud-
denly been aroused to a keen sense of the
iniquity of aocommodation-bills, and hence
the prosecution. In all great reforms there are
victims sacrificed to the public good. The
Messrs. Collie may be the predestined sacrifice
that will be the means Of ending the regime
Of accommodation paper, and introducing the
halcyou era when all bills of exchange will
represent value received" If So, their
suffering will be the general gain. 1t may be
hard upon individuals to suffer for the commu-
nifty, but it is the ordinary course of things;
and no sacrifice could be too costly that
would bring to an end the evil system which
has been the source of 50 much demoralisation
and ruin in the past, and which would continue
to be the same in the future, if the federation,
too long extended, were still granted.
, 1875-08-21
II BANK.
(L6id.)

The career Of this bank, in spite of the gene
raj depression of trade during the period en-
braced in its last halfyearly statement, con-
tinueS to exhibit evidence Of substantial pros"
perity, and there can be no doubt that its
business is built upon solid foundations. The
great staple upon which its fortunes mainly
depend is sugar, the trade in which commodity
has not been in such q Furnishing condition
as the managers af the bank could wish, though
the crops have been more than usually abun-
dant. The prevalence Of Protectionist prin.
ciples, both in America and on the European
Continent, shut it out entirely from some of
its best markets, and rendered a profitable Blu,
siness in it most difficult of achievement. In
order to neutralise the effects of the export
bounty system" existing on the Continent, by
which the produce of our West Indian posses
sions was entirely excluded from other markets
than Our OWL, a new convention had been
agreed to by the delegates of the countries
interested in the matter, and if this received
the assent of the respective governments, a
hope is entertained that the disadvantages
under which Colonial planters now labour will
be in a great measure obviated. Notwith-
standing these adverse influences, the various
transactions of the bank had yielded a fair
return OF profit, which justified the directors
not Only III uoCldIluS Co USUAL uL'AUOhU
of II per cent, but also in presenting their
officers and clerks with a g~ratuity Of 10 per
cent. upon their salaries. The net profits of,
the alt-year under notice amounted to 1861,
which is about the average under this head
for several previous periods, 80 that the bank,
while maintaining its usual rate of progress,
does not exhibit any of that s~pasmodic tension,
which, though often mistaken for prosperity.
more frequently %conceals the germs of chronic
disease. The amount of its deposits and
bills exhibit a total Of 2,6SS,383Z., showing
that while the bank continues to enjoy the
public confidence in a large degree, it has not
extended it's operations too widely. The paid'
up capital is 60O, 000l, aud tue reserve fund
is maintained at 70, 000I. The circulation is
given at 400,11U. Against these various
liabilities. the assets are given at the follow
ing fgurei:-Specie, 326,O73l. bills,
1,626,235l.; current accounts in the colonies,
43,615.; bills and cash in London, l,Si0.72lk. ;
bank premises, 10,57dL-total 3,s17,2l&.
, 1875-08-21
PORTO RICO.
From the Jamaica Col. Standard

FROM tWC VNHSNtCtb CNb' 1CUNSN| N'J
A letter received from PoRro Rico, says
"The Captain-Gencral Don Jose LAuriano
Sanz) has taken by armed force L passenger from
the Royal Mail steamer while ID San Juan.
The passenger was On his way from St. Domingo
to St. Thomas"
In confirmation Of the foregoing we translate
the following from the Hlitien jDurual d" LIS
Peuple :"
!" The " Mo.elle" was At San Juan De Puerto
Rico when the i" Id" r. Elder arrived there,
having a Cuban Of some importance on board,
as passenger. AS soon as the Spaniards heard
of his arrival the Captain General, Den Jose
Lauriano SAM, sent to Captain Crompton noti-
fying that the Cuban must be delivered up.
This the Captain refused to do. The Captain
General then warned him that unless the Cuban
was given up the Fort would fire on the " La"
as she left the port.
"But with true " John Bull" pluck, Captain
Orompton replied Tell the authorities of
Puerto Rico when the hour to leave with my
vessel arrives, they are welcome to sink my YES
sci. If such is their intention
"The Captain General without further deli
b%eration, armed the barges and sent sixty
soldiers on board the "Ida" The Captain
protested, but without effect. The Cuban was
iaken. out and without further process, on land
ing, toas shot!
According to later advices the name of the
Cuban has been ascertained as LOUIS VERGAs
formerly a volunteer in Puerto Rico. He had
retired to Santo Domingo where he published
several articles in which he criticised rather
severely the Spanish mode of proceeding in the
We. Indian Colonies. It appears he commit
ted the error of telling the truth.
Wishing to go to Kingston, Jumaica, he
had advised his friends by telegraph, to expect
him by the "Ida )" a. the electric wire passes
, 1875-08-21
TIC A.
From the Aatigua Times.

From The Anfigua Times)
The fall of rain in the City between Thurs
day and Friday was l,62 inch and for the
whole week 2.43 inches, followed to-day by
sunshine-just the weather to promote in the
highest degree, vegetable growth.
The rain was, what is called by Planters
soaking as distinguished from pond Rain p"
We hear that over the north end of the island
the rainfall was not quite SO much as it was
near the central districts. There ere indica-
lions OF a continuance Of this hope-inspiring
weather"
The Musco7ado and Concryte Sugars ship
ped will equal about 1878 Hhds. to the LIST.
instant. 1t is expected that when the shipment
of Sugar for the year is completed the total will
not be far short of the estimate originally given
by experienced Planters which was close upon
fifteen thousand hogsheads.
, 1875-08-21
D Z II Z r 4 Il A .
(Dcm. I8mes}.

The weather during the fortnight has been
rather heavy for the planters, and complaints
reach US from several districts as to the eXces-
Awe loss of cane plants this season, in many
instances the borer has entirely eaten out ihe
centre of the cane plant, and the young germs
which have already sprung fade and require to
be replaced by stump supplies, this entails con-
siderable expense as the work may be said to
be done twice. All agree that the canes look
well for the last quarter Of this year.
Reaping opera ions have been suspended on
nearly all estates, and very little produce ID
eoming forward.
RINIDAD.
, 1875-08-21
G L L ADA

High wind and heavy rains prevail, indicat-
ing that the " hurricane months" are firly
set in.
With tbs advent Of August, 1t may be fairly
said that the sugar crop has been got in, and
its result shows some Agree Of Improvement
as compared with crops Of the three or four
years past.
, 1875-08-21

far as physical adaptability goes, have the very
best chance of success.
The Rains have been favourable throughout
the Country parts-that is, no torrential foods,
but genial showers, followed by intervals of
warm sunshine. This is telling we'll on the
growing crops.
, 1875-08-21

through the whole length of Puerto Rico, it
was thus the authorities there became aware of
his probable arrival.
"Thus warned General SAM awaited the
arrival of the " Ida'' and then traDspired what
we have above related.''
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-09-15
Prom the Territories.

RED CLOUD AGENCY, IA, VIA FoRT LA.
RAMIE, September l5.-lt having been
determined to hold a council at the
mouth of White Clay creek, six miles
northeast Of this post the Indians from
all directions we're moving this way yes
terday and are expected here tonight.
The Commission is now awaiting the ar.
rival of General Terry, Who will be due
here tomorrow from St. Paul. Senator
Allison says, that as Senator Hame has
returned to Washington, he is unwilling
to proceed with negotiations until Terry
arrives. A great many Of the Indians
are becoming dissatisfied at the delay, as
those living 81 q great distance are desi.
rous Of returning home before the cold
weather sets in.
The attaches Of this agency are con
stantly besieged by Indians with inqui-
ries as to the cause Of the delay and
when the council will begin. The com
mission has been together three weeks
now, and thus far have accomplished
nothing beyond having informal talks
with the Indians who have visited them,
at none of which was there a word said
about agreeing upon a day for the be-
ginning Of the council. Consequently
the Indians have been left in bitter ig-
norance on that point. On Saturday
five hundred and fifty head Of beef was
issued to the Indians, and yesterday a
large train with additional supplies came
in from Cheyenne.
Thus far no definite amount has been
spoken Of as the purchase price for the
Black Hills country, and on this point
the Indians are very anxious. They are
perfectly willing to sell, and will take
whatever is offered them, as they say
that white men are going to occupy that
country any way. II is thought that the
Commission will not offer the Indians
much money, but will provide for their
%sustenance for Q long term Of years,
which arrangement would be preferable
for all parties, as the government must
support them any way.
A large delegation Of the Missouri
river Indians waited on the commission
last Saturday and expressed much dis
satisfaction because the commissioner
had not moved down to Shadron creek
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-09-15

twenty-five miles from here, and halt
way to the Spotted Tail agency, as they
said the Rev. Hinman had told them
last summer that the council would be
held there. Spotted Tai presented them
last week With 100 horses with the under
standing that they were to insist upon
the council being held at Shadron creek.
Red Cloud also presented them with a
large number of horses.
Judge Kidder, delegate to Congress
from Dacota, and Steele, delegate from
Wyoming, are here, and expect to re-
main until the close Of the Council. j.
D. Ferrill, of the Treasury Department,
is also here, accompanied by his wife.
The number Of Indians who will at
tend the council is estimated to be about
Their camps extend a distance
of about forty miles along White Earth
bluffs. This vicinity is covered
with their ponies, each head Of a family
owning an average Of fifty ponies. These
are all in excellent condition, and the
Indians themselves are we'll clothed and
looking.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-09-15

Ex-PREsiDEET PoLK's will, lately re
published. contains some curious it no'i
impossible provisions under our laws.
he provides that after the death Of his
wife the State of Tennessee shall becom e
a trustee through the Governor or Legis'
lature to transmit his homestead to tie
nearest Of his kin of the Polk name, or
if that should run out, to the next oil
kin of any other name worthy to hold
the trust. 10 no event is the State OF
Tennessee to become the owner of the
property. The object of the will is sim
ply to keep the property in the Polk
family in a regular line of descent.
Some nice questions of law are involved,
aud will some day arise. The name of
James X. Polk will always be revered by
the people Of Tennessee. and they would
gladly accept the trust he has imposed,
and carry out his wishes If practicable
But if Mr.. Polk can create an indefeasi-
BILE trust for the purpose Of p~erpetuating
a title. to certain property through a reg
ular line of descent or conssngUinity,
n other citizen a entail his property
on his descendants or next of kin.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-09-15
RxPREss ROBBER ARREsrEp.
by the Deaectives-He viii Join
HIS Comrades az the Nashville
PonlaenafaFy.

The Last of the Gang ssPuIled I'M
by the Deaecttves-Ho Will Join
HIS Comrades az the Nashville
PenitentfaFy.
Yesterday detective Pryde arrested
John Mclaughlin at Whitehaven, eight
miles south Of this city on the Mississippi
and Tennessee railroad. Mclaughlin
was connected with the robbery of Elk
press messenger Brady in this city, and
for which offense Ed johnson, Mac
Morris, Woods and the negro John.
son we're sent to the ~penitentiary.
Mclaughlin at the time of the rob
berry was keeping house on the bluff near
the gas works in Fort Pickering. He
was a fisherman, drift catcher and
worthless character generally. BE is a
gray-headed sinner Of fifty years, and
knew all about the robbery in advance,
as Ed johnson, Woods and Mac Morris
frequented bis house and in his presence
concocted the bold scheme of plumber.
BE was not a party to the robbery proper
on Madison street or the murderous at
tempt TO take the life of messenger
Brady, but was what is known in law as
an accessory to the fact. Immediately
on the escape of the robbers from the
city young Woods repaired 10 McLaugh-
Inns shanty, where he remained CON
cealed for some time, as did also one or
more Of the other villains. After their
escapein different directions Mclaughlin
gave some valuable information to the DO.
lice as to the identity and whereabouts Of
the fugitives. He was at that time IN
der police surveillance and felt no doubt
forced to tell something, and did so in
order to escape punishment himself. On
Woods being arrested, Mclaughlin fed
from the city, but was afterwards cap
tured at Nashville and brought back.
His bond was fixed at $4,000 by Judge
Flippin Of the Criminal Court on an in.
dictment charging him with being an &C.
cessory, before aud after the fact, to the
Express robbery. General Forrest, TAX
ing pity upon his age and condition, went
on his bond and carried him to- Presi-
dents Island, where be was put to work,
but the old rascal jumped the island and
escaped, leaving General Forrest in for
the amount Of the bond. Since that
time he has been hiding in the Missis-
sippi bottom, and yesterday got on a
train somewhere on the Mississippi and
Tennessee railroad and bound for White
haven, where he expected to get off and
learn something of his friends at Fort
Pickering, but he had been Swallowed
successfully, and a telegram sent ahead
settled his career Of freedom at White
haven. Mclaughlin was conveyed to
the county Jail by detective Pryde, and
from thence he will in due time, after
trial and conviction, be sent to the peni-
Tertiary house at Nashville.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-09-15
CINCINNATI.
The Exposition Attendance.

The Exposition Attendance.
CINCINNATI, September l5-The at
tendance at the Exposition yesterday
was very large. The art hall was we'll
filed and the horticultural department
especially was crowded. The commits
sioners state that it was a much better
day in regard to receipts and the mum.
Der in attendance than the corresponding
day last year. -.
A number Of premiums for the best
display Of cut flowers we're awarded.
Among the various devices in flowers
we're two swans harnessed to a scolloped
boat, by Mr.. 0ritchell, of Walnut Hills.
Another most imposing piece Of work
was an enormous harp wrought of dab
las and smaller flowers. A number Of
other beautiful designs were shown, a
list of which in detail would be tedious.
The display in the main hall and in. the
agricultural department is very fine.
Among the distinguished visitors from
abroad we're Lord Houghtcn, of Eng.
land, and Director General Goshorn, oil
the International Exposition.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-09-15

A correspondent writes: From morn.
ing to evening, and in the summer sea-
son still more from evening't TO morning,
the Madrid turmoil is ineessant. The
peoples home is She street; their bust.
ness. enjoyment. You find a throng In
every thoroughfare; a racket in every
cafe; a queue at the door Of every thea
ter; O swarm at the Poerta del Sol; lost
ling streams Of loungers up and down
the sidewalks Of Alcala aud Geronimo
streets; the endless roar Of newspaper
boys and hawkers Of lottery tickets; the
Correspondence or the ListR Grande
dinned into your BARS at every turning
by merciless ruiians bawling at tho TOP
Of their voices. Everywhere tho display
Of wealth, the pomn Of boundless lux
ury; strings Of glittering carriages, the
prapciug Of mounted officers, the toilets
Of painted duchesses; the King in his
coach aud six, with his squadron Of Ian.
GERS an1 scarlet outridersi bevies OF
lovely women picking their steps dain.
tily amid the rags Of squalid beggars-.
such are the features of every dav life
in a city the capital Of O nation dis.
tracted by civil war. trodden by dictate.
rial anarchy, stared in the face by i'm.
pending bankruptcy.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-09-15
GunppNaer Aceident.

CINCINNATI, Sept. ls.-At Georgetown,
KY, yesterday, as Louis Ersenschmidt,
a clerk in BarIow's store, was bOhiid the
counter loading a pistol for a young
man named John Herring, the weapon
fred at hslf.cock, ~discharging into a can
Of g%unpoWder, which exploded, blowing
out the front of the store and flooring
Ersensehmidt aud Herring. The store
took FIRE and was soon entirely con-
sumed. The adjoining stores Of Rankin
& Webb, Lyon, Morris, Davis and II.
HEIGHT we're also wholly or in part con.
sumed. Ersenschmldt and Herring
we're very dangerously injured. The
total loss will probably reach $5O, 1000.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-09-15


The objective point Q fJefferson Davis
trip was Kansas City; his speeches at
DeSoto and Fulton, Missouri, were rather
Incidental and not included in the plan
when he accepted an invitation to deliver
the speech he made yesterday at Kansas
City TO 10000 people. he has been
well received thus far and very little has
occurred to make him mistrust the sin.
eerity of the people in their demonstra.
tons Of kind personal interest. The
Radical papers, some Of them, as a mat
Ter Of course, try TO stir up old preju-
dices and make political capital out Of
these agricultural addresses, but 90 Re-
publieaps have We'd with Democrats in
treating him e%ourteously, these efforts
fall short of their aim. The next thing
in order ia a pleasure trip to Denver by
Mr.. Davis and his party, to return home
by the end of the month, and then all
che talk and the hubbub will subside and
we will wonder that there was half sc
much said about it. Mr.. Davis is a very
private citizen now, and his comingi
and goings need not excite tn,
county any more than the move
ments of any other citizen on
similar mission. he is a poor man, hay
ing refused to accept presents or to be
come a pensioner ON the sympathies o
his friends, and doubtless needs the pa
he will receive for these addresses. W,
would think that he bad the right 1
make a living by his " labor Wbethe
as a lawyer, insurance agent, lecturer
merchant, farmer, editor, or in whateve
line. of industry he might see proper I
engage The ex-President Of the Cor
federary cannot live on his fame; tha
will not pay house rent, gsdoers' bills 0
any of the Necessities Of life. He is nc
an ethereal being 10 be fed on air 0
Newspaper notices, and psFhaps woul
like to be "let alone as well Ss eve
before.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-09-15
FOREIGN.

CoNsrASTIYoPLE, September l5.-The
latest official advices from Herzegovenia
state that the insurgents appear willing
to negotiate with the C%onsuls. There
have been no offensive movements for
several days. The latest encounters
terminated in favor Of the Turks. Emf.
grating families are beginning to return.
LoSDoy, September l5.-The St. Leger
stake was won by Crane Millar; Balfe,
second, and Earl Of Dsrtrey. third.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-09-15

Many. years ago a young man, imprisi
oned IN the Eastern ~penitentiary at
Pennsylvania for sou,e light %oHeDse, was
loaned Q considerable sum Of money by
the kind.heatted warden upon the expiy-
alton OF his term Of imprisonment. He
went into business, amassed a handsome
fortune, and years aiterward returned
TO the ~penitentiary and insisted upon
the warden's taking not only the amount
he had loaned, but a liberal addition,
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-09-15

We are glad to see our friend Mr.. R.
L. Woodbridge back in the city again,
and wish him success in getting into a
good, permanent situation as he de-
serves. Mr.. Woodbridge has many warm
friends beth in the city and country.
Mr.. Hector Coffin, so well known and
popular here, is back from Knoxville on
a brief business trip.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-09-15
NEW YORK.
Meeting of the Army Of the Cumber'
land at Utica.

Meeting OF the Army Ofthc Cumber'
land at Utica.
New YoRK, September l5.-The large
number of arrivals at Utica indicates
that the meeting Of the Army of the
Cumberland will be much larger than
last year. President Grant will arrive
from the East at 4 am, IN q special car
he then goes to Senator Conkliug's house.
General Sherman telegraphs that he will
arrive at the same hour from the West
with a large delegation Of officers who
have Joined him on the way. BE will be
the guest Of Judge Ward Hunt.
There is much disappointment at the
absence Of General Sheridan. President
of the Association. Gensral Hooker,
First Vice President. will preside in
Sheridan stead, if the condition Of his
health does not prevent. Governor Til
den consented to be present to welcome
the Association on behalf of the State,
but now declines. Senator CoDkling
will, therefore, extend the welcome.
Utica is in a blaze of excitement. The
streets are all deliberately decorated,
and the military parade Thursday will
be large. The citizens Of Utica tender
a grand ball and collation. at the Opera
House, for which the preparations are
complete. Among the arrivals are Gen.
Parkhurst, Provost Marshal Of the
Army Of the Cumberland; General H..
NJ. Fink, General a.. F. Gross, Colonel
Fred Grant. General Horace Porter,
Colonel ]. G. Andenried, General Eli
Murray, General Cist, Secretary Of the
Association; and General Fullerton.
Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-09-15
Probabilities.

WASHINGTON, September l5.-For the
Ohio valley and Tennessee, partly
cloudy and warm weather during the
day, with falling barometer and nOrtherly
to easterly winds, followed by threaten
ing weather and rains south Of the Ohio
valley.