New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-04-16
40 Pattick Do.ohue Ruined.

Patrick Donohue, publisher and prqprie
tor of she'Boston Hiot;; is reported fained
Befeee th0 fire in hG2 he-hsd an Income O
500, 900 Q year and owAe1 q maRniicen
block ON Franklin street. The fire, how
ever, destroy 81 that building, and the tw,
| Offices into which he subsequently movet
we're also Destroyer in the same way
Carelessasss and }sok Of business. methos
did the rest. Instead Of going to work 4,
bring chaos out Of this financial confusion,
be pekm Ned mAtt0rsro drift al08g, and to
day 10 liasi6ted amount tonearlpn mil
lion dollars, and biz creditprs are scatteyd
all over the county, and include all classes
of people, from the servant girl to the bank.
or. He whs the apostle - his'peopae IN
this country. and they trusted him implit-
lily, dePostting their money with him and
a correspondent, writing ffom Boston,
ssye: =
That there WAS no dishonesty, NO inten.
ton to defrsud or misappropriate q sin ae
dollar. not man in Boston doubts. Patrick
Donohoe has the reputation today, with
this unfavOrable showing, of being an 0n-
est man. As prof Of this, NAV cita
the fact that out Of all bis fortune he has
not set by s'ddQar foo his own use or that
of his family. Every foot Of real estate he
owned was registered and taxed in his own
name, and mortgaged up to it's market
value. His wife is creditor to the amount
of $500, the same being transferred from
the Emigrant Savings Bank to that of her
husband. and bis son, who is me of the en-
ployes of the Establishment, Is equally I'M,
provided Tor. This brings me back to nv
Original stateuentp tho the UAusoof the
disaster was Carelesspese and want. OF
method in administration. I give promi.
nence to t4is statement in justice to the IN
fortunate0 ban VIII on66 held The highest 10
eitiOn of honor and trust among the Liieh
people OF this county. and also in JUSTICE
Moasion and fraud s .F ESe Do oeoo aS
~ toe Spt to- Judge hastily md raSHly !
Our community is rather sensitive Just now
over the recent Irregularities of "Rey," e.
D. Wfnslowa and 1t would take little to be4
smircA the Aire4e regulations. 4ht6 !,
rick Donohoe did wrong am Willl6g to Id.
NIT, but can find 10 trace of criminalityt
except cripinal carelessness. =. On this basis
lot his actions be judged. There have been
various scAene6 set 1ns4oot to repair the
public evils which his actions have brought
lbout. l must also proclaim The, fact to
he credit Of Boston, that none Of them
rave for theft object the Advan6emdnt IF
he private interests of Patrick DOD6hoe.
They are all designed to make good the
deposits intrusted to his care by the \
uffering poor. The Archbishop Of Boston,
n whose ears the pitisble taloo of misery
md despair caused .by the cellspse are
ally poured. some time-ago began to cast |
bout for q way out OF the difficulty. After |
onsuitation with leading men here he en-
cred into .. league to pay up the a1neant
y yearly installnents. This was to be
one BY purchasing the Pilot and conduct
g it foDthat purpose. He offered to put
81. OO0 cash into the buaipess. and the
resent editor, John Boyle O'Reiily, agreed
embark $4,000. The proceeds from the
aper, after paying all expenses. were t.
s assd to Pay year .soss
hen 7th1 would be wiped ont the paper
culd agaA. <eturss to the .hsndlof the
iginal owner for the um paid Ar 4 With
terept. l have within etfev days leasnaA
Of IL Alphhishop ha1 racOniiAesed hn
Qposision, and thae the arraaseneot wiN !
1thppsgh n thst Aese th&Dapef Nodll |
ohe6|y be 4oll = outeideAp6z{see efao
signees, and thus the last anch1 -
lRA be dsstS ~ : r-n. 81