Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1888-11-13

Hon. b. D. Babcock, Mayor Of the City OF
lInrnlar.I a

NiffNAauAf tst
Respected Slr,-There has no doubt been
considerable comments concerning my a0-
seuce. | arrived here some time since.
should have written before, but could not
summon courage to do so. ! shall have to
remain In some part 81 the Dominion FOR
perhaps all time for the following reasons:
went East about October LIST for the put
pose OF collecting large sums loaned
by me on call FROM time 20 time
during the last four years (St the
Suggestion q prominent Cleveland par
tiesl. have received interest regularly;
but greatly 10 my surprise and horror when
! demanded the principal was answered:
" We cannot pay Tin fact IL would bave
'becn impossible for US 10 have done SO within
four months after we had made the lolus,'
etc In fact, an Investigation proved such 10 be
the case, although supposed the parties 10
be worth millions. 1 need not dwell on this
matter in fact, cannot. 10 is too terrible
for me 10 think or write about You viii
know from the position | occupied IN
your community how my situation must
affect me, or any other man that has
always been strictly honest to the letter. thus
overwhelmed by circumstances which,
when too late. be finds be cannot control. l
am properly and deseryedly, perhaps. SUI
ferer and an exile. l am not writing you,
however, I'm extenugtion Of my criminal care
lessncss and consequent misery, but writing
YOU as the executive Of The city 0i Cleveland
t. advise you that a. far ~ IN ms power lies
! desire 20 mako amends by turning over
my entire property. real and personal. for the
benefit ofthe city Ormy bondsmen. An seton
in the proper court will, think make this en-
tlrcly legal Below | give IN fun NV entire
belongings, TO which waive sll right and
tile; and / will write 10 my vile asking
her 90 quit clam 10 all real estate belonging
to me or IN my name for a nominal cons
sideration-my stocks, deeds, bills OF sale,
In Box g.. National Bank OK Commerce.
Iic then gives list Of his assets, which iu-
Guide stocks, bonds, notes, houses, land,
and vessel property, Many OF the stocks
are pronounced by bankers 10 be worthless,
and others would bring but a tribe. lie
estimates The value or al at f3i9.10O.
In concluding his letter he says: The en-
tire assets are gOod-$3i9, I00-which vii
pay al my liabilities, the exact amount OF
which the City Auditor can alone easily de-
tcrmne. Could | have had four months
after knowing the true situation Of affairs
could have dsposed u the above, 50 az TO
have met my entire obligations, but II IS now
too late. | have covered mp nothing, ani
tlOs ! 90 all HpNNlHlt t'i ti' Dics'u. q" .''A'
an amends in my power, and my only aim m
He will now he 10 further make good u
rreded bv any sbdnkaye from The above, but
bink 10 sufficient ~ cover ali. " a. VIII
Dee " any Use YOU are hereby authorized
and empowered by me TO act az my attorney
i'm TACT and sign Tor me all deeds, bills o.
sale. ETC., that may be required in the trans
fer ~ any on the abOye-named property.
/ Good bvp God bless the city % Cleveland
and You an /, the earnest prayer %
[,iguedl TuoAAs AXwoRTHY'
Mayor B3bcock will probably mabeanoiher
I trip "a Montreal iu the nope u having per-
sonal interview with the deiauteI