New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-05-23
G. z y. 1orHRoP RIsks no ExPLALM

A LETTER CONCERNING HE PuGNIx BANK
CASE.
DETROIT, May 21.-GeorGe V. n. LOthrop,
the new Minister 10 Russia. writes etter to The Free
Irss which Is printed this morning, explaining his
necton with the Of the PhmniN Bank against tho
state of Michigan. which invoked from the New-York
Court Of Appeals sharp criticism Of Mr. Lothrop
The letter Il called by the publication Of tho
Courts utterances In TIE NEw-YoRK TRIBUNE. Mr.
Lothrop reocs the fact that in 1888 the PhGnix Bank
lent 10 John Norton hsca agent for Michigan $l6.5OO
which sent to Norton In two drafts for $1,000
being upon the River Ralsn Bank. The PhGniX Banks
claim for repayment. being disputed was put in the
hands Of Charles II. Stewart Of Detroit, for settlement
In $40; In 1888 Mr. Tlcston. president Of the bank
employed Mr. Lohrop and his partner TO prosecute Il.
Mr. Lothrop says:
This was the first that had heard Of the claim
lie lMr rhestonl tod me explicitly mat not one cent
the state q stewart made In $40 OF quantity ~
rank Of the city of New-York. or for the Auditor
General OF tho state OF Michigan. whichever shall
p,rt Of" and subscqnent deed by Mr. stewart Of these
lands 10 the bank Mr. restou told me that Mr.
other paper. In the But he told that his bank
wholly refused accept the deeds. and that their claim
these Instructions prepared the for seutation
10 the Board state Auditors and In May, 1854. after
notice the Attorney General, Urcseuted the To
the full Board In public session ami argued II earnestly
both orally and In writing ! argued u In che utmost
stated and truthfuy 80 FAR ~ Then knew, not only the
grounds which rested the claim, hut also all the oh
iccti1u- had ever heard against the claim with this
argument ny agency In the case wholly ceased
somc time after the award Of $4,000 made to
the bank IL became known that Stewart hal adjusted
the River Rai-in Banks claim upon the Ph9nx Bank.
Ucgarilng this deveoi ment, Mr.. Loihrop says:
Incyer heard "a lisp OF this until long after the award
and though do not know, have always posed that
Nil Tilcston equally ignorant as be- WAS MT presi
don't Of tue bank In SlO aud am not that Il IA
rl.mcd hat Mr. TIle-tou had any knowledge OF Mr..
stewards dealing with the state Bank other han what
have gwen above. In this concealnrnt had No part
nor lot except that was the attorney oI the bank ana
d,d not Disclose what neither knew nor suspected.
sboud add that had Interest IN rhis claim. dealt
with IL AS have always dealt with professional matters.
rrbf For the recovery al this large sum LOthrOp and
runrd charged and received only 81 OOO and Tor this
ann was "A conspiriior! How absurd. over twenty
e wears acO when these facts frat disclosed this
boic matter thoroughly discussed examined. and
settl.d here In Michigan. II then buried ont of
a mt 10 Is eNhumed not ~ home. hut abroad.
not Tor myself for that is settled but II is des gned
emharrass those who IN tho trust OF high appointment,
have repOsed confidence In me-"
The House Representatives. In Lansing to-day adopted
by a rising vote tho following concurrent resolution
oTeroi by Mr.. Davis OF Baraga, RepJ:
RfSou,d The Senate coucurrlng, that the people ~
,tnon are FULLY aware OF the Integrity rectitudr and
Ia i,uSsIa feel that he needs vudlcttOu Ia the
urtfy where no has lived long. bat nasmuch as he
and reckless press the Legislature Of Mchlgan speaking
for the state desires To eic1ate 20 the ry It's pro-
f d respect FOR Mr. LOtbrOp. its high estimate Of hi
m rtctcr aud ability ami 10 spurn the Hspersinns which
bttr east upon him. aad again To congratulate the
President ud tho people OF the United states Hp
uontmrut winch To 80 eminent a degree the
c service gentleman well lifted by his purity and
con uandin talents. 10 cast honor upon the country
wiiic. nc viii represent IN foreign courts.