, 1877-09-02

| ITlGnuS I'LL lIuuuN loHil sAt0 perhaps LO-HlH1i
may spring an Assignee upon you,--no1ninate
by somebody in the crowd. and, before yo
| know 1t, declared carried through. Voices
.sNcver! Ncycr!" App1ausc.]
Then these arc hard times. An fmmens
number Of men are out OF employment. Chica
70 isful1 Of good young clerks. and it is natura
that they should want man put In tbs position
| who will give them good places uutcr him
And tkcn there is another thing. There is
AN ELECTION COMING OFF THIS FALL,
and politicians are 1T WORK, perhaps not ST
much FOR themselves as lor thnsc act:atcd b,
by jealousy Of otners: and, therefore, tho,
should tic 1istrus1cd. Suspicion and jealous.
are atioat all around in the community.
There is ITO other way that you should yicv
this subject than as (: matter OF dollars aut
cents and business 1t has been suggested tina
several OF our bankers come here aud give the
| views OF the situation. Now. il kno@ any
| thing abont Chicago to-sfay, she don't want Il
hear word from any banker about the sttna
best place for 4 banker is behind his counter
| paving his honest debts. lChcers.]
There is another thing
YoU MUST NOT GET EXCITED.
Keep cool. You have lost your money, as the
thing now stands. The question is, What car
! bc saved from the wreck: It is very easy iul
man to 90 out on the Sidewalk
| or to come into uis meeting, aud spit on LII:
| hands and howl abuut danlnatiol and what they
will do. but that will not hrin. a dollar Or
| cent. The Committee have worked hard. They
have done the hest they could to get al tht
| yet So far as NE have gouc VIC want to make
1t plain to You in order that every person here
may understand the whole thing. Therefore,
| let us Keep as quiet As possible. remembering
| that it is business and nothing else.
Now, to show you that the Committee have
| not had time to 70 through this thing as thor
I; ou9llY as they would like to have done, and to
show you that each day has turned up j new
| phase on this matter, want to read TO you
DISPATCH THAT HAS JUST COME:
Spencer lett for Europe on the steamer Wis
cousn.
This announcement was greeted with shouts
off, Bring him hack, ''iIaug him." and fur a
minute or two there was great confuson.l
Mr., Wentworth continued:
understand that he took the steamer the day
that the assignment was made. So, instead Of
goin:. to New York 10 get funds, he went there
to run away. Now listen to this:
Spencer has large deposit In tho Farmers Joint
S1ock Bank Of London.
There Is where your money is. fVoiccs-"A All
right - :. We don't want it there, we want it
hcrc."I
Now, In vicw OF the fact that the Committee
may be called away from here tonight tn take
proper steps, il it is iu power, to arrest this
money, ask YOU to keep quiet, and to allow
nothing to come into this meeting but business.
Some gentlemen have objected because was
not dtpositor. Thank God, ! wls not.
{Laughter.] But man cannot have the inter-
est i'll this city that l have, aud see its people
ruined by schemes like this. without crying
aloud and cndeayorius to spare them. [Chccrs.]
When your first meeting happened here | was
away. But the first cry OF distress came from
my own corn-iield,--trom my farm laborers.
Taking tho car that evening ior towu-t1ey had
ceedings-a dozen or twenty rallied
asked me to lend nv ~ influence in this' matter.
And, to cap the whole, the condu:tor came
along, with tears iu his eyes amost and lie said:
II had saved 81, ,0W fron1 my hard earnings. and
it Was all III that bauis.'' Vixen l got to the
Sherman House, where I stopped, 4 cry went
up from the cellar to the gar'et-ncar1y every
en,ployc OF that hotel had his means in this
bank. Upon going to ,ny room 1 found Mr..
said he had been appointed on This Committee,
but could not possibly serve; and he asked me
to take his place. Not long after he left the
Committee came in and asked ,lc to Join them.
Never mind, We will make you member"
T A voice-"Iou were the first man that was put
IN the Committec." took hold in accordance
with their request The question was,
WHERE SHOULD WE BEGIN!
Tnasmuch as there was great excitement about |
The Assignee, thought the proper way was to |
sec what there was left in the bank. And, |
Is a man would he most likely to |
larry off the cash first, we commenced |
70 count tn, the ~, cash, and I'VE: we found
sec if that corrcsponded with the books, and it
did So the Assignee had done nothing wrong
in this respect. wanted to get at the period
Of time between the close of the bank and the !
time that tue Committee took possession. We |
hen went through the assets, one by one, to
zee how iar they would correspond with the
oooks aud VIC found that they had kept pretty
;trlisht set Of hooks, so far, That is to say,
Sllen he took S40oWo he gave. his
'ote ~a for fpor it,. it: Kisses and laughtserl
sort Of memorandum The Assignee, Col.
raylor, treated us with the highest respect and
outidence. He offered to turn the whole bank
'yer to US, lie offered to do anything we re-
'lcdged not to expend one cent Of the money
# that bank unless majority OF your Com
nlttee first sanctioned It, - Heart hear!'' /
nd appausc. a voice-"W Where is he uow!"]
want to say to Inv friend that is doing con
iderablc talking. that there c2nnot be two ora
ors at one meeting talking at the same time,
I'D If he has got anything to say, I want him
0 say it now, or l want him to
it right down and dry up. [Cheers and laugh
vc could, and VIC thought, as a matter OF
uriosity. before VIC went any further, that We
rould make private mark rs to
WHAT THE BANK WOULD PAY.
he lowsst St man Put aoq p per cent ;a and the
TIC man who marked the six, lAppause.i
We then went over the assets specifically,
stlmating upon each item' and | found
nd it stood from 20 to 25 But since then
hings have materially changed. We marked
he first time going over Is good all the mort
ares about this town.. There were some pcr-
ons who had mortgaged their honlcstcads for |
$40, $l,V00, 81 $40, aud so on to perhaps S5,OOO,
IL krnW Il I-re !