p the Times and Adrocate.
J. SEWERS LETTER,
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concluded.


he conversion of the funds, (thai
Fding to the tables of the Bank com.
led as authentic, aud which are 10
|ges 81, SO and SO Of the appendix,
Bank realized as clear profit in the
kchange upon the South and West
p thousand) "the appropriation Of
tit to their own use'' Chat is the
US by the Bank for our expenses
lion while on our mission, and our
Of Others" which is the amount
rdon, Ashley and Dawson) "was
/ by the instructions given them,
violation of the high trust reposed
be good enough, if you please,
walk up to the stand, and tell me
done with the instructions which
cen riolated? Where are they?
'essed them! have looked over
dix. and lcan't find them. | can
OF the appendix, the resolution of
I'd of the 3lst of January, 1888 :;
letter to "dear Davies,'' which j
said was kidnapped, and which


publicly stated was "pilferea"
private papers; | can find another
; to "My dear Sir >" from Will
p certificate of the Cashier to this
ing. "true copies from The original
office Of the Trustees of the Reel
LILLE Rock can find the depo-
wton, and Mr.. Hanger, &c. &C.,
instructions which the committee
'mmissionors have violated! will
Colby, if you will publish those


have no copy, but you will find


!ette, in one Of Mr.. Pixies chap


ry of the Real Estate Bank, a file |
| presume you keep. They will


elves-insert them. The first is


fy, and the other in June, 1888.
al Estate R'k State of Arlansas,
Little Rock, February 30, 1888.


T. Williamson,
ambrose H. Saricr:
As presiding officer of this ins,i-


has devolved the duty, jointly


sappointed by the Central Board,


instructions as may appear expe-
ou in the progress of your mis-
k, to negotiate a sale of five hun


oIlars Of the Bonds of the State


rlng an interest of six per cent.
tltution Ia form par. Of ito i,ar-
1 have the honor to communicate


embodying the views and wishes
I'd the instructions by which you
lcticable, be governed.
on will proceed, with all possible
Nv Orleans to Washington City,
le Hon. A. H. Sewer. At New
illiamson will avail himself of the


alling on Mr.. James Irwin, and
sof that city eminentIy connected
transactions of the country, for
touching the objects of his mis-.


esirable fo' him TO possess.
obable that Mr.. Irwin will himself
lrchase the Bonds if such should
his offers are such as to justify a
hich Mr.. w. will be the judge,
he accomplishment of the objects
ncessary for the interests of the
ard to the supply Of specie and


be will Immediately advise mo at
measures will be taken to obtain
,Central Board to carry a contract
fiect without delay.


ave succeeded in making a sale Of
twill, without delay, make such
funds, by deposite in some safe
enable this institution to realise
eek of the Cashier. 1t is a part
ian tc draw for them, and sell our


points in the west as will enable
Iur eastern funds at par for specie
amount of not less than $500, 600
'unds for the commencement of our
if you can. by any operation Of
en- the exchange, you will do so.
b I,will add, that should the aspect
sln1ay on your arrival in New
rS'ispSt for snIo, doubtful, do not


b,...wait for time to bring about
aperiod. Our wants at home, you
great, and greater at this time than
gain for years. and it is with no Or
of hope and suspense, that this
n.!y will await the result of your
Of course will leave nothing un-
its ia Tie 'ssLe. It's necessary,
an ey.-sloaid closely watch the
interest, and the credit Of the State,
tracts can be made on terms as fa.
tate of Arkansas, as is made with
tales, great care should be taken tc
cts for q sale Of our bonds now
h.r as viii preserve our credit, and
Riti the sale of our remaining five
l taking instalments, dividing hApro
= n1 1ges, or some other metka 5da,js.
= |. transaction conti~eency to 4 i,;se
= lings, however, you muesiai r;4Y
1of u the spot, you must nRiassarii,
dam ourselves, and with every con
i'r Utilities. your prudence and dis
re left to follow the dictates of you
ents, and in all things to act and to d.
n to you at this time, npst,. meet an
have the honor, &c.


A. H. DAVIES, President.