The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1877-02-23

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tA44NiM tt---- A
Charles Taylor. who speculated away
the entire assets Of the First National
Bank Of Franklin, Ind. I, in the follow Ing
letter TO his brother tells the story u
his folly:1 raiHw ~ AeA
FRAKKLIN, Ind, February 4, ISL.
Z. w. TAYLOR; 1 send this TO you
from Indianapolis, together with several
other letters. Please deliver them us
addressed. When you get this see some
OF the officers of the bank, better Mr..
McCaslin, and determine what 70 do. |
can not come back. 4 am ruined, and
you know how and by whom. | have
triedisto keep up, but we can not stand
every thing. l have furnished "mar-
gins " on speculation until l can not
longer do II and keep the doors Of the
bank open. date my downfall from
the Indianapolis speculations in which
Rev. Crawford got me and Frank Wool
len. l had TO foot the bills. found,
then, that was so deeply snvolved that
had TO do something TO get out.
first started in with Jesse Necdham, and
had loss OF about $4,000 TO settle
there. tried il, then, on my own ac-
count, and lost thousands; then went in
with Jeffries Il Fesler, and lost thou
sands; then with w. G. Crowell, and
lost largely--al TO save the bank. 1t
has all gone against me. have W
suffer the penalty Of the whole trans
action. have done many things since
| commenced that were not honorable
or honest TO keep the bank up. L
bayo hoan As.annnfsrsr o. tko
past three years that have forged, and
have kept the bank ia seeming good
condition. And II was not the last time
that MIR. Lynch examined the bank that
there was $4,000 Of the paper that |
made TO make the bills come out, and
in his footings made them correspond
with my books. have prepared lei
ter for my wife--God bless herl Will
you deliver it, and break the news as
gently as you canP l am lost, ruined
want you, il they execute my proper
ty, to buy it all in; do not let one item
leave. Buy Morgan CHS saddle horse)
and the buggy, and buy all the house
hold goods II mother-in-law can not
claim IL. want her mother 70 hold
the business property. II was decided
to her. owed her money, and do yet.
She holds my note. think you had
better move in with them and take care
Of them. Oh, my God, how can stand
this? leave indianapolis Monday for
parts unknown. dread the result OF
the news 70 my dear family. They are
not to blame. Oh, how dear my fami-
ly has been 70 me in the last week. I
can not help laying the blame 10 other
parties who nave brought me to this.
But, Of course, have to standit. Will
you please take care OF my family?
They will need your assistance. God
bless them and you. II alone were to
suffer, could stand il. will watch
the papers closely for the result. II
any thing fatal occurs adve' tise for me
in the papers. l must see Josie II she
should get down dangerous from this
snock She is good Christian woman
aud does not deserve this. Would 10
God that | could 60 back seven years
can not but blame others for dragging
me into this. How pity our poor de-
positors They have been kind to US;
they have had confidence in US, and we
have been considered good. But, alas
1t Is not SO. The First National Bank
has been brok- u for the past two years,
and the credit 1t has had has been the
only thing that has kept itup. Please
heart-broken when they get the news.
See that Josie has the proper medical
attention. She is y jewel, and almost
feel like committing the rash act u
suicide, but will not. l want you 10
see that the home property IS not
moved. have paid all the city taxes
and Morgan's feed bill in advance.
want you to buy him and the
COW for them. think you had
better draw what the bank owes you,
($2,500), as you will need it. | am
lost in all my accounts. DO not allow
the papers and people to blame me al
together; do deserve a part, but not
all. | have written 10 the President Of
that you have. Your books will bear
examination, and you will come out all
right. 1 hope 70 make back my defal- !
cations ia the course of years, when
will leave the country for good. God
bless you and stand byyou in this trial
My kind regards to Joe Smith (teller). |
regret also on his account. He has
been kind and faithful. Mr.. Sprague,
also. l will explain one thing: | have
been making seven per cent. dividends
twice q ear. That was done TO hold
my position. The bank has not made 4
the half Of Il. There have been added I
by fictitious interest ut least $5O,OVO
since | have been here that the stock
holders have got which were never
made by the earnings. II was done
with the hope that something would
turn up that | might pay IL back and
save my credit, also. am 50 near
crazsd that l can not write further.
PleaAe lnnk after nv family Be- ~