The Milan exchange. (Milan, Gibson County, Tenn.) 1874-1978, 1877-06-21
Sad Ending of aLife AuspiciOus-
Iy Begun.

,dO EHul1g Oh aLlIe AusItlclOus-
Iy Begun.
lie New Eqrk San says: Charles
T fafeta4 the defaulting Cashier a
III Fniea fruSt Company, who fled the
i in Surrender, 1873, recently died
'ftSsAsaffetine ssxere illness and extrent
poverty, in Lima, the capital of Peru.
he was so FesFs-ef sger-FiiFesears- ago
ne was a handsome, dashing fellow, and
position which was en-
Tied by many. He was flattered in bust
aess and in society, and q future of M w,
usual prominence and fortune was pref
dicted for hiFa n isafatEar, the Rev.
ssEhpmas Carleton, ef the sIeshq dkt
Book; Goncsrn, had given him the qp5l |
portunity to secure first-class seduca-
zion, and when the young man was tired
Of college bis father secured him a stu
alton withJhe United states Trust Conn.,
pany --ssfatsrO mletaE aponthe' recpm-
mmaation of air lJehRssA. Stewart, qb-
tanned 8 q responsible position, in the
United States Trust Company. For i've
years he retained the utmost Confidence
OF his employers god- s'SoH SCI S1iysisi
About three years previoasItoshead isa'
coFery ofatns defaleation,s earletonniar
riedafheo beautiful: Emma Peasalls
daughter Of the Yealthx'fpiit dealer Of
Fulton. Marketps The Wedding was an
event in rBrooklyp. The elegant resi-
dence Of the BRIDES" father fn' Fort
Greene Place was scene Of splendor,
andthes bride and groom IeceiSed the
congratulations OF many OF the first
families OF New York and Brooklyn,
Carleton was then in the height Of his
glory. He seemed to have an, inexhaus.
tible supply Of money, and when he fit
ted up his house in South oxford Street
twas .anoaelof beauty. and convent
eneesE Ehe grounds were superbly laid
out, and the stables and carriaggehouses
were much admired. He, owned fine
horses and frequently drove "a four-in-
hand. Heswas petted m The clubs and
in WaIR street It was in the latter
place thatshesfeH! He became a rash
speculator with money that did not, be-
longto him and his flight from the city
followed as . matter of course, His
wife died about three weeks before he
absconded and left two littleiehHdfen to
his aearessss EEssw SW3 sa4 bsoI Il
The American Trust Company had
unbounded sconfdencein Carleton, aAd
permitted him, to pursue his specula7
tons without restraint, little knowing
that he was defrauding them On Sept.
l9, 1879 HE took 81, Oeo sfromtheseasEi
drawer andwent out Soon afterward
MrsE, B.zWesleE inquired for him. AT
2,o'clock, in the afternoon he was yet
absent. but the officers thought that he
was out collecting loans. 1t was his
duty, as Secretary to BE present and
direct affairs. AT this stimei there was
much Excitement, aronsequent- upon a
run. The, great panic had just burst
upon Wall Street. Mr., Wesley took
CarletOp's place, and, waited, until 4
O'Clock. Then the bank closedfts outer
doors. About $500, 900 IN Government
and RAILROAD sbonds were missing from
one ofthelssafess and Garletonw was at
oneessuspected. 1t was rumored that he
had, Just precious to his departure,
loaned his father, DR., Carleton, $780,
600, but this was denied. BY the father
The Son received q salary Of SIC, zoo a
wear Tands had an additional income of
SIS, oa0asqazi .@iasSsI ~ sal
1 "A short time before Carleton Went
away he held, SLOT, 900 in Pacific Mail
800, 600 in Western Union, and an
equal amount in Southern Pacific. He
sold his Pacific Mali and Western Union
stock to save. himself, but these stocks
had so deprecated when the panic be-
gan that he sustained a very severe loss.
He owned valuable real estate in Eliza
beth and MOntcIair In 1872 he was
worth s3OG,00o, and did not owe a dol
lar. The,Uhioh Trust COMPANY reeov-
cred NEARLY salf efthe s$s50soO0 Which
WAS stolen from thep bysCarleton. 1t
was, supposed that he went'to Europe,
and was not known until within the last
year that he was in Peru. His father
died, it IS said, through grie7ihg over
his sons crime. I'd YTottng Carleton took
Iitilemoney IN his flight, and led vag-
abond1 ifesin 4irna.s He patronized the
bull fights in the lPlaza de .Acho, and
was seen in the ColiseO or cockpit. He
became very dissipated While here he
was temperate in eating and drinking,
and always scrupulously neat in his at
tire. Helused hisimoney with a free hand.
In Peru he became Kaegard, ragged,
Ipennniless, and was buried bysstrangers
I 31s8 rvs - E-zl-A.--- --2l1 ia -st1
aSinking a Turkish Iron.Clad.As
.bSTaa a. E9osTas1---- q q A,l5l. 3 ~
kAnS eyewitness gives the following
aeeosnt:si On Sunday, the 6thsinst "a
sIurkishairon=clad with tweGturfets paid
avisit tosBraila. and threw some6fteen
9-ineh shells aishtsgyer the townIteF the
railway lstatioh. just as thesGrand Duke
Nicholas arrived BY train from rGaiatz.
The vessel did not remain long, and on
the fol lowing Friday ,sthea l1thinst. ,sshe
return ca abont p. M and 4dropped
anchor, with the object hapParently of
shesling the town. She several times
shifted her position Slightly, IN order to
bring her guns to bear more convenient
w. A Russian battery at once
opened fire on her with bronze rified
lhowitzers, the range being :, 600 yards.
lA second battery armed with 25pound-
er, siege guns, also opened on the Tarks-
liSb-sbin and the cannona1e lasted for