The Van Buren press. [volume] (Van Buren, Ark.) 1859-1914, 1901-03-23
RATIFYING A STEAL.
Ex.GOy. Flshback Protests Against
Making a Carpetbagger's
Conduct Valid.


Conduct Valid.
From the Arkansas Democrat
FELLOW CITIZENS There Is pending
before the state senate u bill to pay !
certain bank in New York something
over $3.50, 900 on bonds that never die
and never could possibly become n just
or valid claim against the state, which
If enacted into law, will place the stats
of Arkansas In the attitude Of not only
ratifying, but Of completinga partially
successful theft and fraud perpetrated
upon the people of this state in 1863.
| feel that should be wanting In
loyalty to my state and fail in my duty
to myself lin view of the long years
expended in fighting these fraudulent
bonds) il did not admonish the people
of Arkansas of the true character OF
this bill.
Let me state the facts as found in
their own brief, with such inter-
lineations of my own rs may be neces-
.sary for their calculation.
In 1859 the legislature OF Arkansas
passed what Is known rs a funding act,
authorizing the governor to call in the
outstanding OLD Dohds OF inc s'sVe anu
give in exchange ior tnem new lunoihH
bonds. In 1871 VIZ. Denckl" VAS was 'ae
agent OF the state sent 10 New iork W
effect these exchanges, under the pro-
visions of this funding act. This bank
of Hudson, New York, at that time
owned eighteen Of Arkansas old bonds,
amounting then, principal and interest,
to about YOU wy. When snis o"n .x
Learned OF Denckla Wnere .S.us' a VA
MS agency, sooA iSe ein.son i o
bonds 10 MS once anu su W. rt
them to the state thr0ugn its asens,
Denckla paying ~ $oo' ooo III he" JULIUS
for them. -, =,
NOW, 10 whom dlu these e.sI'esi, . oIu
Donus oeionR aiter Vno sVa'e nau vnuo
Donght ana paid ior tne'h' ouleiy no
one Will dispute th"s .ney av ohoo w.
came the properly OF the stale. Nor
Will anyone deny tnat tne sVaee .
agent DehcKia, W Wno.n .ney We
surrendered, shoulo nave TAKEN .,ie.i W
Little Eock' ana elther ourneu 'ne,ii vi
charged them 10 tne treasury, az part
OF the properly OF the STATE. But TINS
brief shows that ne dld no snch thiIR.
Mark what ne ala 40, ior IN this lies
the gist OF this whole business, ne
stole eleven or them hitiseli anu ~
lowed his friends, Leonard oneiuon ana
Foster, 10 steal the Dalance anu prouRn'
them to Little ROCK ana hao the autnor-
tiles issue him and his FRIENDS anotner
$O, 900 In exchange ior these same
eighteen old bonds Tor whicn the state,
through Denckla' had paio this Huosoh
bank YOU ,0Oo the year oelore' a.,
NOW, can any man VINO vaiues ms
reputation for trn,h ana common sense
arrive vt the conclusion tnat any part
or tina second patch OF bonus mus
fraudulently issued IN exchahge ior .ne
state 8 own stolen properly coula unuer
any conceivable circumstances pecolhe
u just claim in law or morals upon the
slater
Yet 1t Is precisely twehty'nve OF this
very batch OF bonds that TINS oahK
wants the state 70 pay
DenCkla ana ms irlehus were ohly
partially successful In their scheme OF
robbery. they succeeded III gett'ng
rid OF all the bonds Issued 10 Leonard
Sheldon and Foster, and four OF the
bonds issued 10 Denckin, Inc people
OF this state nave paia these' mus lar
they were successful IN ropoihg us.
But they did not get RID OF the otherr
twenty-five. Denckla kept Them ana
the people were never calico upon 10
pay them untd now ne put tnem
along with other efects IN the vault OF
q bank In New YORK where they lay
hidden Tor TWENTY-FIVE years,
Nor Is II dlihcult 10 understand why
he Kept them hidden ,,
During that very year IN when they
had this fraudulent issue MADE BROOKS
and Baxter made the race Tor governor
Brooks on every stump declared that II
elected he would hll the penitant'ary no
full or these Arkansas boodlers that
their legs would stick out OF the win,