From the St.iesm1n.
WHY THEY REPUDlATE.
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3
About 1000 notes and bills of exchange
we're discounted by the Union bank


None Of these notes had less than three
names upon them. and great many had
five. Say they would average four names
on each note. This would be $4,000 per-
sons. who obtained loans Reduce this
number one half for the same names being
on dif rent notes. and il would leave IA. 900
rnen who obtained accommodation from the
bank Ii is estimated by men familiar with
is business. that not more than one fourth
oflhe notes which were presented to the
bank were discounted This would make
$4,000 rejected notes-say with three
names-ihal would be nominally $4,000
men The larger the number Of notes
presented. the more frequently the same
mems names would occur upon different
paper. We will reduce this number then
to one SIR h OF the apparent Number, which
would make l2300. in round numbers.
This would make the number Of those who
obtained loans. and those who applied for
loans from the bank amount 10 20, $50 cit-
zens


No proposition can be clearer. than that
all men who ob;ained or applied 10 the bank
for loans. by that act, recognized Il as a IL
galIv existing institution, approved the sale
OF the bonds and are now IN law and Justice
estnped from repudiating. upon the ground
that the law authorizing the issue OF tht
bonds was violation of their constitution
A large majority of the people of this statt
hare doH> this rcry act


Here are the names OF some of the ind
vidual regulators.


HANSON ALSBURY. nova citzen OF
Texas. borrowed as principal S25.250 %
Liability as endofser, II5,I2S 50


Total liability. S24O.37s so
A G.. BROWN. the repudiating candi-
date for Governor. borrowed as principal


Sl6 600 00
Liability as endorser. 50.647 90


Total liability. S66.647 05
JAMES BROWN. father OLA G. borrowed
As principal, SS,24O 81
Liable as endorser, 33.56I 10


Total liability. SiI.sO2 80
f. r. BROWN, brother Of A. G. borrowed
as principal. Sl1625 o.
Liable as endorser, 38-2I5 A.


Total liability. Si9.s4O SO
Total amount borrowed from the Union
Bank ON the credit ofthe Brown family


SlJS. .2S9 81
ROGER BARTON. one Of the rapudia
ting candidates for u S Senator. liable as
endorser. SO, $50 OC
ExParson w. H. HAMMET. re2ui.a.
ting candidate for Congress. borrowed as
principal. 5000 OC
Liable as endor,er, $3.50 OF


Total liability. $4,000 90
ROBERT w ROBERTS. repuliati Q
candidate for Congress. borrowed as prin
cipal, $4,000 OC
Liable as endorser, l9.S09 6S


Total liability. S29 500 9s
IL "A ROBERTS. son of r. w, bor
'o~ed as principal. on his individual ac
Count, the sum Of S9945 96
count the sum of So.o5S 90
Liable, Individually, as


eudOrser.. 4s.s6a oe
Total liability on indi-


vidual account. 53.S23 OJ
borrowed as principal


for the firm of Keys s6.7OS 80


s. Roberts.


Endorser for firm. 5000 90
Total liability on firm


account ST 3OS 50
Total liability Of r. Al


=. Roberts ON firm 14l,131'37


account


is'al amount Of money borrowed on the
Iames OF X w. Roberts and his son
nf nom the Union Bank. el7O.9ll 06
a VI =. .n's amount. S96666 2s was borrow
0oy them as principal.


nOoer, w. Roberts. independent of the