Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1892-11-03

in the fall. We continued, therefore, to
make shocks and cut whatever lumber
We could from our inferior timber during
the summer. The receipts from the mill,
however, did not begin to pay expenses,
and was compelled to furnish the
means to keep up the mill and the bust
ness.
"In August, 1886, the U. s. senate re-
jected a treaty which the Spanish gov
eminent desired to have ratified by the
senate, which resulted in angering the
Spanish government, and inasmuch as
the shocks were about the chief product
shipped from the United States to Cuba
the Spanish government, in order to
show it's resentment against the United
, States for its failure to ratify the treaty,
laid a heavy export duty upon sugars
shipped in hogsheads, which resulted in
compelling the planters to use English
gunnysacks instead OF American hogs
heads which they had been using prior
to that time.
"This completely deprived US Of mar
ket for our shocks and placed us in the
position of either being compelled to
make an assignment or borrow money
with view toendeavor to hold ourselves
up until there was some change in the
shook trade or until we could sell our oak
timber in some other quarter than the
English trade or to make an assignment
at once.
81 laid the matter before some of my
| friends and they agreed to endorse notes
tor me with view to enabling me to save
myself from financial ruin.
'"These notes were accordingly Endorsed
and delivered to me. took them to the
First National bank OF Grafton, West
Virginia-or rather took a part Of them
and arranged Tor their discounting with
Mr.. Durbin, the cashier, and with Mr.. T.
f. Davis, the president, who IS now the
republican candidate for governor Of
West Virginia. Before discounting them,
however, determined to thoroughly in
vestigate the affairs, conditions and pros
poets of the firm, as I did not wish to get
any of my friends who were kind enough
to endorse for me into position where
they would lose money.
HOMESTEAD RIGHTS NOT RESERVED.
"In turning over my property I did not
reserve my homestead rights even, and
in making the deed Of trust there were
two sums of money that were set apart
for my wifa-those had Mr.. Benjamin
F. Martin, my trustee, to also turn over
to my creditors. They were turned over
by him upon some of my security obliga.
tons at my instance and request with
the concurrence OF my wife.
II have here a receipt in full from John
Fallon, the first of the Fallon heirs te
come Of age. Four Of the heirs remain
unpaid, but satisfactory arrangements
have been made to pay them when they
come of age. At the time of the firms
failure wentsto the surety on my bond
and told hin to select from the assets Of
the firm such securities as would secure
him and other endorsers which after
consultation with his attorney, he did.
After left West Virginia, some people
got the children to bring suit against me,
There never was any service of summons
upon me. Judgment was got when
was sick in Chicago. was never given
any credits upon this judgment.
| UAt fbo f;rno T ,poflo tho occ;o,, m ont
turned over property which / supposed
would be ample to pay all my personal
debts if properly handled, as well as the
security obligations and large per cent
upon the general firm indebtedness, but
owing to the depression of the shook bus.
mess and the character of the timber land
that we had, the property did not bring
what it onght to have brought when il
was sold.
\ SEVEN YEARS IN WASHINGTON.
/ II have resided now in the state Of
Washington for period of about seven
years time. have been in constant and
frequent communication with my trustees
and other persons in West Virginia. and
have been able to satisfy my creditors
OF my good intentions, 80 that during all
OF this time there has not been but one
suit brought against me, and that is 6
suit that was brought bv John T. Nc
Graw, which is now pending in the SUI
peiior court of Yakima, upon a security
debt which he claims l am liable for
but which Luther Martin is liable for anc
, in which am only with McGraw as CO
security.
GAIL of my creditors have continued tt
be satisfied of my good intentions anG
the arrangements have made with
them.
1T would be strange indeed If the state
ments in the Pr. were true and that
should have escaped suits and litigation
/. upon those matters during all the year:
, that have lived in this state.
THE ISSUES OF THE DAY
| Mr.. Snively then turned his attention
to the issues Of the day. and contrasteo
the yearly expenditures of this state
which are 81 1928 900, with those of Ore
7 gon, which are only $473, 1886. He alst
showed how we are paying $23 state ia,
when the Oregon taxpayer pays only 80
He also showed conclusively how Chas
= f. Laughton and his vetoes of the anti
a Pinkerton and WATSON bills were en-
i dorsed by the leaders of the Republican
n party. The delinquent tax law came il
:. for its share of oprobium, and response
bilities for it was placed where it belongs
# upon the Republican party of the state