The Newtown bee., 1892-03-11
Misses Daisy Seeley and May Wilson have visited friends here.
How Lincoln Satisfied a Grudge.

How Lincoln Satisfied Grudge.
 William H. Marston of New York city owned the Frontier bank at Benton, Ill.,, then the home of Gen Logan, and it be- ing bank of circulation, (under the free banking law of that State, similar to the national banking laws now in existence) more than one of discount, it did not us- ually keep large amounts of specie in it's vaults, and up to that time they had been consistently blackmailed by Chicago bankers particularly George Smith.
 MT Marsfon was in Springfield early in the Fall of that year, and was telling MT Lincoln of the hardships his firm was en- during by being obliged to keep a large cash balance in George Smiths hands at all times free of interest--or he would gather up other notes to large amount, and send them to the bank, demanding specie. When he had finished, Mir Lin coin said, "Withdraw your deposit with Smith at once and, If he makes a run on your bank, you must not try to keep specie enough on hand to take up with what he presents. He will, therefore, protest them, will bring them here, lodge them with the auditors and demand that the bank shall go into liquidation and the bonds held by him to protect the note holders shall be sold, the proceeds turn ed over to him to the extent of the notes hn hnH lnI ral wifi tho that point was reached to let him know and he would see that no harm befel us, remarking at the same time he particu- larly wished to teach Mr Smith he could not ride trough shod' over everybody in Illinois, although he was the richest man in the Northwest.
 Mir Marston obeyed instructions and, one day in November, he received tele- gram from Jesse K. Dubois (then audit or of the State), stating that George Smith had protested and lodged with him $60, ,000 of the notes of the Frontier bank, and asked for instruction. Mir Marston wired Mr Lincoln what had hap pened, requested him to see the auditors and, if there was no other way of pre- venting the bank from being "wound up," to draw on them at sight for the $6O,O00. The next day, MT Lincoln tele- graphed Mir Marston he had had an in- junction issued tying the currency up in the auditors hands for 60 days, which was followed by letter stating that he thought Smith would get tired before he did ha ha on,JI box ho iv,;., ion continued when it came up for hear ing. Mir Marston immediately wrote MT Lincoln to draw on him for a thousand dollars as retainer-to which he only re- piled that when he came out in the Spring it would be early enough to settle.
 MT Marston heard nothing further from MT Lincoln, except at each hearing of the injunction he would write that it had been further renewed. In this way he kept it in force until the following May, when one day he wired MT Marston that he had settled with MT Smith by his agreeing to take the currency back to Chicago, put it into circulation and never make another run on the bank. MT James, who had worried all Winter over it, was naturally very much elated, but at the same time kept saying he suppos- ed MT Lincoln's bill would be 5000, and it would have been cheaper in the end to have continued the old arrangement with MT Smith and insisted that MT Marston should wire Mir Lincoln to draw on them, for the amount at once-to which MT Lin coin made no reply. MT James worried more and more over it and finally de- handed that MT Marston should go to Springfield and force settlement, say ing that if they did not have to pay more than $2OO0 he should be perfectly satis- fled. MT Marston went and, on going to MT Lincoln's office, told him what had brought him to Springfield, which amus- ed MT Lincoln exceedingly. He kept say ing: Billy, never had so much fun in all my life; besides it gave me an oppor- tunity to settle up an old score I had with George Smith and I feel that I ought not to charge you cent, but, so long as you insist upon it, you can pay me $25.' MT Marston said Mr Lincoln knew the bank had out million of notes in circulation and also that the firm were making then $50, ,00O yearly out of it.