The Russellville Democrat., 1878-01-31

full mp to our ability to pay as IS the case in the proposition now up for settlement.
 Please telegraph me on receipt of this.
 Faithfully your friend and obedi- ent servant, JNo. D. ADAMS.
 In few days after the above let ter was written, the Rev. Dr. Henry Beaumont, who married Il daughter of James Holforl, deceased, call to see me at the Langham Hotel. l explained our condition to him and he readily accepted the proposition. He is q most estimable gentleman, and appreciates our condition. He did not know how many bonds he had, nor the difference between the Holfords and old funded sixes. l furAished him with numbers of the Hoiiords, and as 1 was to leave Lon don the next day for Paris, he agreed to write me there, accepting the proposition and giving the amount and kind of bonds held by him. On the 1ltll December I received, in Paris, from him the following letter: l9 BRUNSWICK SQUARE, BRIGHToN,l
 ENGLAND. Dec. 10. 1877.
 DEAR SIR: I find that the ssHolford- honds,' which belong to me, ate for s11S,000. But I wlll now inform you that in addition to these l am the owner of $4S,000 of old funded 6 per cent. bonds of the State of Ar kansas.
 1 beg to say that in respect of these bonds, after hearing your state ment, although it will entail a very serious loss on me and my family, l am willing to accept the proposed settlement, on condition that the new
 
 arrangement is fully authorized and sanctioned by the Legislature, peo- pie and authorities of the State Of Arkansas, embodied and carried out by proper legal enactments and sane tions, and that the coupons of the new bonds are PAYABLE IN GOLD, and are stamped as receivable in pay ment of the taxes of the State.
 may also state that l trust and expect that my readiness to meet the wants and wishes of the State of Ar kansas will not place me at any dis advantage as compared with the other holders of "Holford bonds'' who may not be thus considerate, and that the State will grant me no less advantages in day, and every other way, than such other holders may obtain.
 think the State happy in having men like yourself, wiling to exert themselves and undergo labors and vacations in the endeavor to promote it's interests. At the same time l am sure that you will be the first to admit that policy of strict integri- ty will best promote the welfare and prosperity of the State, and that any sacrifice that may be made by it's citizens toSnrmly uphold their char. acter as people whose engagements may in the future be fully relied upon, will meet with an ample re. ward.
 Believe me, yours very sincerely,
 HENRY BEAUMONT, To JNo. D. ADAMS, Esv., Little Rock,
 Ark, United States of America.
 I returned to London on the 2lst of December, and tried again to ar range with Henry $. Holford to come into the settlement, but without avail. I sailed for home on the 27th of December, arrived in New York on the 9th of January, and on the night of the 7th sent the following telegram:
 NEW YORK, January, ', 1878. To Gov. Wm. R. Miller, Little Rock
 Ark:
 Holfords insist their bonds equal to old sixes. The four millions will cover settlement on that basis. These make majority of all including levees. Answer at Washington Tuesday. leave Washington Tues day evening for home.
 JOIN D. ADAMS. Without receiving an answer, arrived home on the l lth of Janua ry, when l wrote the following letter to Gov. Miller, who was absent from the capital at Batesvile:
 LITTLE RocK, January II, 1878 Gov. W. R. Miller, Batesvillc, Ark. DEAR Gov: sent you from New York. on the night of the 7th inst. the following telegrams, viz: Hol | l. i. <l |.