Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1889-01-03
ME. rRnAr,s nErLY.
He Says re Isns Grown Tired of
Answering CONnrds aud SANDER


He Says re HAS Grown Tired of
Answering Cownrds aud sinndsr-
ers.
Editor EgTy EUeninQ: The CON-
munication which you copy In to. day'a
issue from the Bath Independent lie largely
sensational and full Of misstatenents aud
gross congregations. The article ia not
written as pretended by friend, but by
red hot Democratic enemy, who evi.
IDENTIFY shows the sting of party defeat
The facts have long been accessible to
the public and whom fully stated need no
denial as far as they Affect square
dealing. 1t is true that was for
merly member Of the firm of Treat,
Lang u Co., who were extensively
in manufactures and in foreign and do
mestio trade. The firm went down in
the terrible panic OF 1878, Every part
ner surrendered every dollar he had, and
more than that, when il WAS asceftAined
that $i2, 600 of unsecured debts remained
dissatisfied, each partner made settle-
ment by giving his individual notes for
one-third Of the amount. These notes
were never paid in full by any partner,
but when settlements were ever made,
the creditors oheerfully accepted a COM
promise payment, but 40 partner of mine
evsr assumed any $50, 900 liability, or
any other, except as before stated. The
members OF thu firm then scattered from
the Atlantic to the Pacific.
The business was recognized into
stock company, of which I was CHOSEN
PRECEDENT, an evidence that my mis-
fortunes had not forfeited the confidence
of business man. After tive yeHrs re.
signed the company went afterwards
into liquidation.
then came to Delaware. Early In 1877
| tried in vain to aettle the secured debts
OF The old firm but az partners were scat
tered and no agreed value could be put
upon the mortgages and railroad bonds
that we're put up as collateral security
for money loaned, was therefore urged
by some Of the larger creditors to file
petition in bankruptcy.
They assured me that no creditor could
fairly object to my release after the
effort had made to pay my debts.
took their advice and hied q petition In
bankruptcy in the courts Of Delaware,
before Levi G. Bird aB register. l ex-
planned to him the case and told him that
probably no claims would be proved and
no objection be made to my discharge.
Mr.. Bird replied it would be an extraor.
binary case, but my release was granted
II any wrong doing or fraud existed on
my part there YVES ample opportunity to
make the charge. As to judgments piled
mountain high, there are none except
what show ON the records at Georgetown
These came through losses In business,
as is well known, by the failure of other
parties for whom was endorser. How
well deserve commentator from my
creditors to pay them, the cashier OF the
Farmers Bank of Georgetown will reply.
As TO the shipments OF shocks to Cuba,
they we're shipped by me as president
with the advice and consent of the
directors of the Bath Manufacturing
Company, and not as q personal matter
of mine. They were sent on ooDsiga-
ment to Treat IL Stafford of CardsnuB.
Cuba, the former father OF mine, 80
years established in business. The re-
belion thers largely destroyed market
values and large sales were made to par
ties who subsequently had their store
houses burned and as the insurance conf
panies failed on them, not one dollar WAS
SROA ogAiHOt1h VA hIOLhs L WAS lOlJt IluL
the shocks did not net freight, duties and
charges, but as l resigned my Office as
president and came to Delaware. 30 not
know farther yeFsTdiay She tyr-t :.t4it,JE.
| II anu unasis q point With pYtde to
large wealth sreaKad III ny bu8ineys
cs2eeI Or by g4nuir2 sgseuiauouR, r4u
congratulate myself that no man ever
worked more loyal and arduous for the
interest OF his creditors than myself.
My private life and habits, though not
entirely perfect, are regarded, believe,
as above reproach by those who enjoy
my personal acquaintance. have shaved
no mans notes in his distress, aud made
no extortionate fees in my business trans
actions. | have tried to treat a man as a
brother men and the endorsement Of my
neighbors nj the resent election is ire
tuta5l5 testimony Uf their esteem and
confidence.
To be unfortunate in business is but
the record OF 80 per cent of the business
men OF this country. Oar president
cleo. once made business failure, but
eventually paid all in after yeGrs, aud so
runs the record Of many OF the ahlest
business men OF the country. MARY Of
| SNA SSA4 bANoHAt'Nh htANS IhtR FtVtEHEH, Out
it In no wise impaired their usefulness or
dishonored the public service.
The moral habits OF public men srs as
essential az intslleett.l capacity or prop.
erty qualification ard | do not in a
moral sense shrink from a comparison
with any of the distinguished Delawafe
tous who have represented her in the
United States Senate. IA to the Ieopire.
ment OF financial resources TO fiji accept.
ably public office. ono OF the strong
pleas recently msta by Republican az
Sussex comfy for an Office ID the off OF
this Legislature was that the aslary would
be a greet help to extricato lin from
financial embarrassment.
! have been pureued by corresroniepts
in the newspapers with charges th4t were
outrageous calnmnies, aEa who dared moi
sign their names, AVID have become
tired of answering coward4 ard sian.
derars. CHSRIEs ii TrEAr
| GEcReETowN. DEL, u d. 3lst, 1868.
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WATER DIP f&TMRNr,