VOLUME g. NO. a..
eubsCRlfllON PkiCL ~ u.
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q the dicidends or premiums derived from, ,h.
investment. and thus amply compensated their.
serves Tor all the drudgery and services performed.
i1o" Jdr me commissioners participated in this
speculation we leave to be determined by this
f1ouse and an enlightened people,"


I'D this quotation. the "interest staked in tho
venture is clearly specified, in conuexion with
oorcoran and Lee, and is connected by inuendo, as
Po,n,ou .,, as positive charge, with Sewer and
"H'''nson' u Is clearly manifest that that .'niost
rational conclusion" to which the commi,tee INA
arrived, was that the specie was converted into
southern and Western paper, at greater prerni
um ttan the accounts sbew and that the ovcrplus
was pocketed by Corcornn and Lee and the com.
mssoners. who rendered false accounts in repard
to the transaction. and were, consequently, guilty
OF trdnf and enabezzlement. Was there mem:
per OF that committee who believed this TO be the
TACT NO one-not even DR.. Gibson, who penned
'he VIE imputation, believed it--not an honest
man in the State believes it. Is there a man in
the State who is desirous that this libel which so
mPeriously demands reparation, shall remain ur.
contradicted upon tho Legislative records Of the
State?


Every candid man will be surprised when ,e
sees the statements which shall now proceed to
point oul IN the above extracts from the report
winch arc either unsustained, or contradicted, BY
the document ITSELF


:. 10 sato thnt the account Of Corcoran
shows that his services subsequently, engaged in
IN converting the specie into Southern and West:
ern funds.' The account does not shew any such
th'ng; but. on the contrary, shews that this was
part OF the service originally performed by
MN, and that he paid over the Southern and West
ern funds, rs part Of the proceeds of the bonds:


z. Is further suid--" but we find no allow.
nnce made to him for this service'--when tho
very account referred to, shews that ho received
The sum Of flee thousand dollars for tho services
rendered by him in the sale OF the bonds, and tho
CONVEX sion Of the proceeds above stated.


8. 1t Is also stated" Il in like manner appears
from the accounts, above referred to, that one
thomas b. Lee, of New Orleans, was engaged
10 perform like services, &C." The name Of Leo
IS mol mentioned in "fhe accounts ADORE referred
TO- which were Corcoran's; but his engagement
appears from his account with Gen. Williamson.
sewers name is not known in the transaction, rs
Lee account shows; yet the subject is referred
To IN such language, ms to create the impression.
without stating it, that Sewer participated in his
emp oyment, and in the emoluments of the spe-
cuinli"n." 1t is said that Lee was personal
friend OF Williamson, and being in New Yors,
AIDED him in-the business from motives Of friend.
ship alone. -..T


4. g The whole amount of premium" saws Tho
report accounted for to tha Bank, but litc ex::
ceed B per cent. &C." This may be true. But
why was It not stated in language which besn nc.
ated The correc, impression upon The minds, TIA.
the discount ranged from ono and fourth to ten
per cent, us is shown by the accounts acc0mpnn:
nying The report, more especially whore il is i'm
mediaely after sad, "lhnt it was in proof before
the commttee that the discount of Southern and
Western paper, at the time the exchange was
made, was from two TO twelve and half per cent.
In one case the average is stated in the oth6r ths
extremes. ..f ~ ..-


D. by whom was it proven that Southern and
Western funds were from two OF tw elye ano half
per cent! No. by Hunger; 70, his Testimony 70.
lated entirely to Mississippi paper. This all NAV
true, and not contradict the first item in the nc
counts rendered in reference the particular Kind
Of funds specified. 49,


Why were these statemeuts made and In fhc
language in which they are couched. F.,r the
most obvious reason: the drafssnan could rot
make his most rational conclusionr ngrc. WITH
the facts aud, therefore, the facts were ssade 10
agree with the conclusion. We're they not made
for the purpose of fixing that " rational conclu.
sion' upon the minds Of members {" Of this House
and an enlightened people,"


JUSTICE.


September lst, 1874.