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«•-
]
1
2
3
4
Is
6
m
7, ^'
ASti
Whfctevi
'he circula
ii,bore title
\ Umishes (
mxrlCt that
"•ftnality sc
i$ the brifc
Mankind v
rays it wi
!0t only a
ence that
'{\g at noo;
heck to
leir perf
.World, is V
4 think be
ruth to sc
corn, and
W ?*.j»4*:;
■1
7, ^
\ .■'
r
EXAMINATION
jp ^ m IP la Sj IB ^9
EJ^TITLED, jyj^ \ g 1931
A Statement of Facts relating to the Failure of the
Bank of Upper Canada, at Kingston.
BY BENJAMIN WHITNEY, ESQ.
Late Pretident of the same.
LY A LETTER TO THE AUTHOR.
By VINDEX.
No.l.
Whatever other consequences may attend
'he circulation of the pamphlet which bears the
ii,bore title, it will be generally allowed that it
i^Umishes one more proof of the truth of the re-
.jrnark, that we have fallen upon times, in which
'Aftnality scalksno longer in the dark, but snatch-
'4 the bribe in public,— when rapine preys on
Mankind without opposition, and perjury be-
rays it without inquiry ; — when irreli^ion is
!0t only avowed but boasted, and the pesti-
ence that used to walk m darkness, is destroy-
ng at noon-day. Whether it will be giving a
heck to these enormities, to exhibit one of
leir perpetrators in naked deformity to the,
.World, is what no man can promise ; but it will
4 thinl: be some satisfaction to tlie lovers of
ruth to see one of its enemies, exposed to the
corn, and contempt of such, as consider virtue
necessary. In the attainment of happiness. Whe-
ther or not there are others in the community
to whom these observations would apply, e-
qually witli yourself, I will not now stop to en-
quire, but proceed to the subject, the conside-
ration of which has induced me to trouble the
public with this communication.
When it was announced some months ago
lat you intended to publish a vindication of
arselffrom the charges that had been brought
•ainslyour conduct, (butwlxith for somi Tea-
|son not explained you hay& delayed untn t'^is
■late period) as President *pf Ihe late Uankinp; ^
Institution of this Town, il'-i\"ash<5ped by all, and*'
believed by many, that I't'^^vould at least so far' •
diiTer from your former ' publications on the ••
same subject, as to be tnnceived in terms ra- »
tional if not convincing, — prudent if not escul-
'iM
'«
I
fa
(2)
pfttory : certtiil 1 am however, that not one in
twenty, who may have read your pamphlet, (if
indeed »o many as the latter number have read
it) have concluded the pefuud, without being
left in doubt which motrt to woade» at, yvurfsU
ly, or your audacity ! — Most men would discov-
er that to continue (in tlie same strain) a o«n-
troveray, which had brought its author into u-
niversal contempt, and which had caused all
hoMf at men to shuu his society, was but adding
fresh inducements to the virtuous of the com-
munity, to keep aloof from hitn. — This, howeT.
er jro7«seem to hiive overlooked, or disregarded,
and the folly manifested by your publication is,
that you either do not consider the privilege of
associating with good men, as of any conse-
2uence, or that your vanity has so bliMtedyouff
iscerning powers, that you have not discover-
ed hov/ universally yott are condemned, and
shunned, on account of the slanders you have
heretofore promulgated. For your audacity
however it is not «o easy to account— when the
assassin raises his arm to destroy his victim, it
rarely happens that he executes his deadly pur-
pose in open day, in the midst of uiimerous
witnesses of unquestionable integrity, who are
not only ready to secure him for punishment,
but capable of giving the most unequivocal,
and incontrovertible proofs of his gi'ilt : ~<?»
however, in your fiendish zeal to destroy, ' t^e
forgotten, or disregarded precaution ; in sen-
ding forth the deadly dart, you may perhaps
have imagined, that you would obtain a gratifi-
cation, in inflicting wounds on the peace of
those, who by their uprightness have rendered
themselves odious to men, possessing minds
Kke your own, which would fully compensate
for the severest punishment that could await
you ; but let me tell you that your aatanic hope
will be disappointed ; the barb has recoiled
from the object at which it has been hurled,
and 80 long as you are known, or recollected,
in this society, it will be found sheathed and
Rankling in your own bosom.
With these preliminary observations I shall
prqc^edtothe more important part of my un-
d6r\iAjciog, and.'jjrovs by " a cloud of -witnesses**
llmt 'every material'inQiter that is asserted as fact
••,Vn yo%ir pamphlet is'ekiiier totally falie, or wilfully
' '^and scandalously peirufiried ; and as a proof that
* • I do not intend to etaploy testimony at which
r* 'your best friends (if any you have) can cavil,
** I shall commence with that givtn by i/ourje/^
before the committee of the ITooie of Atsem-
bty ; but as it is rather lengthy, and as 1 par-
ticularly wish it to be perused with attention, I
skill refRTf it fet my next communication.
■•«■
Bin,
No. 2.
The following is a tramcrffit of the tes-
timony you gave before the Committee of the
House of Assembly, vrhiqh I (for the pres-
ent) submit to the public without comment.
I think hawever it will be found to contain
matter, to assist me in redeeming the pledge
! gave at the conclusion of my last number.
Mr. Whitney called in, and stated, that
he vma the only President of the Bank, luat
^itsfiidous for $ome nveeks before thefailun
of the Bank that there had been an abstract
tion of its I^undst from circumstances of Mr.
Barilct*s conduct^ and a partial view oftht
JSoo/ts, The Books were principally kepi
by Ferguson the Teller, Bartlet's hand ap«
peared sotnetimcs in the books i does not re*
collect seeing his hand writing in other book
than the Blotter- Went to Montreal in
March, and returned some time in June,
soon after his return asked Bartlet if the
books were posted ? Bankt replied that
they were not, wished hitn to post, or direct
them to be posted, as himself and others
wished to ascertain a correct statement of
the books ; this not being done, he commen-
ced an examination of the books, notes, and
accounts, found discounts given to many
which he did not approve of, accounts en«
creased, and 71 notes not renewed, of which
notes he made out a list : this was in August.
Bartlet was in and out of the Bank, not at-
tending constantly as he ou^ht to do. Whei
he completed a list of the notes not renewed,
Bartlet not being there, and it being about
the hour of closing the Bank, he gave ths
list to Ferguson, desired him to hKjd it ta
Bartlet, and get as many of them renewed
as possible, by the next discount day : was
informed by Ferguson that he gave the Hat
to Bartlet, who tore it up, saying it was none
of his (Whitney's) business. Urged the
posting of the books : was informed two days
afterwards that the books were posted—ex-
amined Dalton'b account, and found that he
h)
of Atsem-
asl par-
ttention, I
CftUon.
f the tes-
tce of the
he prea-
:omment.
contain
h^ pledg«
number,
ated. tAat
liefailurt
abstraC'
e« Of Mi:
lew o/tht
\\\y kepi
hand ap<
es not re»
:hi;r book
atreal hi
\n June,
:kt if the
lied that
or direct
7id others
tement of
coiumen*
otcs, and
to many
cunts en«
, of which
n August.
k, not at-
<3. Whei
renewed,
ing abou:
gave ths
Kjd it ta
1 reneweil
day : was
e the Hat
was none
rged the
1 two days
stt'd— ^;x-
id that he
ewtd about £3000, wppciteil tliat his debt
was tkboat LllOO. Asked Ferguson if this
weff a correct statement of DaltonS ac-
count f he said il was ; Bavtlet replied it
was not. Witness asked if it were in fact as
it appeured. that so many notes remained
nctrtnewedr Ferguson said yes, and Bart-
let denied it. Being whoUv dissatisfied withi
the appearance of the books, he was deter-
mined to investigate the affairs of the estab-
lishment, and with Bartlet proceeded to as-
sort tb« notes preparatory to counting the
money. As he finished assorting one parcel*
another was handed him by Ferguson, or
Bartlet, till it was reported t'.iat that wa»
all. Bartlet was about a good deal of th«
time during Bank hours. This was some
tim€ in August ; on another day Whitney
said to Bartlet, he was ready to proceed to
count the money ; Bartlet replied it was al*
ready counted, and gave a statement of the
whole; Ferguson observed that there were
saflficient funds in the Bank, and a aurplui
of X200, in which Bartlet concurred. Fer-
guson accounted for surplus by saying that
money had been deposited, 6c checks given«
without having been entered. Whitney said
to Bartlet, shall we proceed to examine the
money to see whether you arc correct f he
replied, I have examined it, and you may if
you choose. He accordingly commenced in
preFence of Bartltt and Ferguson, and found
several «f the parcels correct, admitting
each small parcel to contain 100 notes ; the
large parcels were marked as containing
i.4000 .* at length he discovered that one of
the Urge parcels contained Z.5350 : he cal*
led to Bartlet and pointed out the error, to
which he made no reply, made a new bor-
dereau, h put this parcf 1 down as cerrected,
and continuing his examination, found anoth'
er containing jL4150, called to Bartlet again,
and pointed out the error— no reply ; cor-
rected it, and proceeded as before, conclu-
ded the examination, and made the amount
IA500 more than the statemeni given him
by Bartlet. At the closing of the Bank, said
to Bartlet that he would proceed toco^n-
pare the notes with the bill book in the mor-
ning. On commg to the Bank in the morn-
ing, received a note from Bartlet, informing
hieli that he was ill, and stating that he
(Bartlet) did not know why he (Whitney)
wished to examine Uie notes, at that was a
busineuoHiis own. ConsKlered this extra-
ordinary, and told Ferguson to CKhibit the
notes, and they would proceed to the exara-
Ination. Ferguson replied that he was or-
dered by Bartlet not to exhibit the note«.
Witness replied tliat he bad ne right to give
such orders, and insisted upon Ferguson
producing the notes ; Fci-guson begjed
Whitney not to insist upon it, that Bartlet
would probably be there in thf course of the
day-«-thcn returned to the examination ol
the books. In the course of the day Bartlet
came to the Bank, Whitney spoke to him as
if nothing had transpired, and said he was
ready to proceed to the examination spoken
of last night. Bartlet replied that he did not
know what particular business Whitney hai
to see the notes, that it was a business of his
own ( Whitney said there could be no ob*
jection, he had devoted himself to the ex-
amination, and it would at all events assist
him. Bartlet then said, he thould not »uh'
mit the notes t9 Whitney without order*
from the Directors!, Bartlet then agreed at
the request of Whitney, to make out a state*
ment himself in the course of the week, and
submit it to the Directors. Whitney went
to Mr. McLeod and acquainted him with
the information he had obtained, and alsc tii
the suspicious conduct of Bartlet — spoke
particularly of Dalton's account, which Mc-
Leod said must be incorrect, as no money-
had been loaned him after Whitney went to
Montreal ; if he had had any thing further;
it was without the consent of the Directors.
It was settled between them that Whitney-
had better proceed quietly to get the infor-
mation. Went to Sheriff McLean, and sta-
ted some circumstances, also that Bartlet
owed Z*1200 for Jefferson County Bills, for
which he had given no acknowledgment or
security. Mr. McLean of the same opinion
with McLeod Some time passed on wait-
ing for the promised "Statement, a partial one
on slips of paper was given, which not be-
ing satisfactory, Whitnt y In presence of the
board of Directors, asked Bartlet if he had
his statement made out i he replied no—but
(4)
I promised to have it at the next discount <!ay.
'resent Messrs. Whitney, Richmond, Dal-
ton, McLean, Bartlet and Murne/. Whit-
ney asked Bartlet if he had his statement,
he made no reply, but said he had a matter
to sul)mit to them. He said hia note fiayablc
to Whitney for LS50 in August last, had
been fircsented to Whitney, and he had reiw
»ed to endorse it ,• and ivishfd the opinion of
the board whether such conduct was right ;
to which Dalton refilied it ivas infamou*.
Richmond disafifiroved oi fiU conduct*
Whitney never had refused to endorse the
note except to the Teller some time after
the discount day : McLean said that on the
day of discount he should have indorsed the
note or refused to do so; he explained his
reasons for not having endorsed it, which at
that time he did not wish do ; tt was on ac-
count of the amount owed by Bartlet and by
Dalton, for whom Bnrtlct enriorse«{i. Bart"
let then comfitained that Hhitney*s ncte iop
JL1700 had been m the Bank for about two
months OS a rcrfival for a wjt:* •f /-2180, on
which he had fiaid /.480, anj the old n:,te
wa» delivered tt him, and the new one o« a
renewal, and a» an tndurtcd note, had been
ftcsa'dihrt'igh the booka by Ferguson pay a*
die t9 Bartlet, Directors refused to proceed
in other business till Whitney's note was se-
cured, and adjourned to 10 o'clock the next
day, M adjowmed meetivg ^9th August, Whit-
ney said he suspected there wis a deficiency of
i/3000 or JAOOO, but that he could not ascertain
it correctly in consequence of the information with'
held by Bartlet. Bartlet said he kneio that tliere
•titas a deficiency, and that Ferguson should be
tw^ied out, as he had been building brick houses^
iic. and toas the peculator. At this meeting he
Was suspentkd. Slated at the meeimg that
It struck him there was a deadly conspiracy
against the Bank, and that they were pursu-
ing the course proper to effect the object,
Whitney when he wer^t home told his wife
that he was convinced there was a deadly
conspiracy against the Bank, that he knew
there was money collected at Montreal, and
that he thought it necessary, after consult-
ing with his friends, and deliberatuig till
12 o'clock, to set off for Montreal and se-
cure the nionev there ; w nt <lown in 42 I 2
houfSi Micnt tit tfic Bank and asked how tnufh
meney they had of the Xinytton Bank, reply «-
bout Z8009. Be took that amount, 1.1000 he
honed to Gates ti Co. the rest he put into an iron
chest purchased for tliat purpose, and put it in
charge of a fr.end, and resumed home, told them
at the Bank nothing of %>hat had occurred. It
(the ntoneyjtvas given him for the purpose of be»
ing delivered to the Bank of Kingston, and vfa6
not addressed to any particular person ; at the
tame time received a letter for Bartlet, was unac*
quamted -with its contents, sent the tetter to the
Bank, but told Bartlet nothing af themoneif. A
meecmg of the StockliolUers and Directors
took place on the day after his return, at
which he stated the object of his journey,
and the fact of his having received the mo-
ney, and that he would place the same in the
vaults of the Bank the moment he could with
safety do it, that is as soon as the affairs of
the Bank were organizedj as they now seem-
ed in a state of anarchy. Gumming, Mur-
ney, and McLean were present, all expres-
8rd satisfaction at hia conduct except Mc-
Lean ; and he told him that if he would not
be so impatient all would come out right as
respected himself. On the return of Mr.
ffagerman a meeting was called, tuhich Whitney
•teas invited to attend, and was requested to resign
his situation as President, and that Bartlet should
also resign ; he declined doing so, in consequence
of being bound as security for Jhr, Bartlet, als»
for a sum of money payable to the Canada Bank,
all which the Directors offered to indemnify Aijn inp
and publish a resolution, that tooidd remove any
stigma on his character. This was Saturday, and
witness said if ihey \fou\d give him till Monday he
ivould give an answer. On that day he did SO
resign, upon the terms proposed, asd 1'po»
SECEIVINC X500, VTHIlH WaS UNASIMOUSIT TO-
TKD HIM, L250 TO BE tktU IMMEDIATrXT, A»D
X250 WEES THE ATFAIR9 OF THE BaNK WOULD
iLLow. Since which time he has had nothing
to do whh the affairs of the Bank.
The iSOOO was not demanded of oisf, but
he Stated at the meeting as before, that upon
the reorganization of the Bank, he would pay
in the 8000/.— The 8000/. w\s Not rA;i> in «»-
»lt THE ABOVR AKHiiSGEMKNT WAS EFFECTED.
Before the charges were preferred, Rich-
mond asked witness if he did not think Bartlet
had been making use of the money, and said
that Mr. Hagerman previous to his departure,
had iuformed hiro that he suspected this was
tliecase.
SIR,
Thft
read yuui
that the ]
publishin
was to ci
ing that t
Bank too!
aident, ar
you affirn
of truth,
and neve
wickedne
generally
ficient to
that your
ferring tc
your Par
therein s
Sentiment
truth,^tl
Base insif
gratificat
charactei
credit fo
who can i
ing disgu!
author,
ders to in
from youi
ti'ary you
tradiction
doubt up
hrst parai
fore the (
bly, a sta
had an o[
and upon
would not
quently f<
aa possib
found tha
ONLV Fi
weeks BE
suspected
And on th
you were
you ttatei
you tusip
(5)
No. 3.
SIR,
ThMe who li«ve taken the tremble to
md your Pamphlet, will at once ptrctWt
th»t th» priRcipal objea j'ou had in view in
publishing it, (next to r^iculpating; yourself)
was to criminiitc Mr. Hagerman, by shew-
ing that the abstraction of the fund* of the
Banl: took place after yon ceased to be Pre-
aident, and during the time he (Mr. H. as
you affirm) officiated aa aiich. The language
of truth, Mr. Whitney, is always consistent,
and never can b« controverted, but that of
wickedness is invariably contradictory, and
generftlly self- condemning. It would be suf-
ficient to convince any unprejudiced mtnd»
that yours is of the latter class, by simply re*
ferring to the style and temper exhibited in
your Pamphlet. In vain will the readtr
therein search for the dignity of virtuous
sentiments, — the plain unvarnished tale of
truth,— the language of injured innocence ?—
Base insinuations, having for their object the
gratification of inveterate malice, stamp the
character of every page ; and I give little
credit for generous feelings to that man,
who can conclude the perusal without feel-
ing disgust, and abhorrence, for its hearties*
author. But Sir, you have not left your rea-
ders to infer that your story is false, merely
from your manner of telling it ; on the con-
trary you have heedlessly recorded your con-
tradiction of yourself ; — let such as feel any
doubt upon the subject, examine the very
first paragraph of your statement, given be-
fore the Committee of the House of Assem-
bly, a statement made before persons who
had an opportunity of cross-questioning you,
and upon an occasion where prevarication
would not avail you ; and where you conse-
quently felt constrained to adhere as nearly
as possible to the truth ; it will there be
found that you declared yourself to bv ** the
ONLv President /" and that *' for tome
weeks BEFORE the failure of the Bank, you
ausfiected its funds had been abstracted /"
And on the 29th of August, the day on which
you were ** suspended," you declare, •• that
you atated t9 the Board of Directors^ that
you tua/teciad the deficiency amounted to
X3000 er X4000 • !" Now Sir, will yoa be
**kind enough" to explMu tothc palilic why
not one word of thia is ael forth in your Pam-
phlet .> will you be *• good enough" at the
tame time, to nfcr to the *:Jth page of said
production, and inform such as you hope to
convince of the tmth of any thing you can
•ay, how it happens that you thert eiidrav-
our to imprrss the public with an opinicn,
that thia deficiency did not occur until a
month after you ceased to be President ^—
bearing in mind that you arc at the sunie
lime to account for having told *' John Mc-
Lean, Esq. aeveral daya before your auafien*
aion, that you believed the amount abatraC'
ted to be 2,4000 ! ! And for your cwn aake^
be ** good enough** to account fur the aur-
firiaing exactness ^f your gueaa /—for let
the i-eader bear in mind thai the total defi-
ciency ascertained in the funds of the Bank
was £586i, of which sura £1978 were dia-
counted notes, not forthcoming, (theabKnce
of which you were not aware of, as you stale
that ycu had not examined them) so that the
deficiency in cash as su^ected by you, was
actually about i.4000 ! !
Having thus pointed out some otihtftoa'
itive contradictions you have been guilty of
in your two statements, I beg the reader
next to notice how totally different they are
in tone, and in narrative, so far as rt latei to
the slander of several individuals, and in par-
ticular of Mr. Hagerman. Why you should
have withheld frovn the Committee, and
from the House of Assembly, at whose bar
you were twice heard, information of the cii^
cumstances you affirmed to be true, in the
Legislative Council Cliamber, and have since
published to the world, most persona will
not easily comprehend ; but a few word*
will explain the mystery. It was not until
after your conduct as President of the Bank
had been pronounced *' infamous** by the
highly respectable Chairman of the select
comniiittee, (a judgnaent authwized by your
own statement of your measures) that tfie
malice natural to your depraved heart was
excited : and when you found that your at-
tempts to free yourself from just responsi-
bility wci'e oppostd by those you insoltutly
B
(O
imtgiMcl wouM h«ve ftsiistecl f ou in your c*.e*
ttgns, your indignation knew no bovind* ; then
it was that you detern/med, that if you were
to be consigned to the odium and contempt
of mani^ind, you would at least endeavour to
procure to yoursellf the satisfaction, ol
sprc arling desolation about you, by the de9>
iruction of the fair fame of those Mrlio hnU
virtue enough to resist your unjust preten*
slonsi. The reflt-ction* that present them-
selves to the mind, o\\ this part of your coa-
duct, arena in erou!», but they shall be for the
present suspended : they will come more
opportunely when I have completed the ejc-
atntnatiod I have undertaken.
I here dismiss furihtr notice of particular
instances of contradictions and injonsisten-
cte^ your two statements oppose to each o-
Iher, (although I shall in all probability have
occasion hert-aFter to contrast them) ami
will now confine myself to the refuting of
■wch other parts of your Pamphlet as are
false, by reference to living witnesses, and as
they will be pi rsons of the very first r«rspec-
tability, possessing too much honor to allovr
their namr-s to be made use of for the pur*
pose cf giving currency to untruth. I have
not the slightest doubt but that any one of
ihem will promptly contradict any mistate*
tnent I may make, for the correctness of
which I improperly apptal to them,
Kingtleitt 7th jiuguU^ 162S.
Mil* EnsTov,
I will thank you to insert in your next
Herald, the enclosed letter received by mc
this day. It affords another proof of Mr-
Whitney's talent for fabrication. Those
who are acquainted with Mr. Richmond
know him to be possessed of loo high a re-
gard for truth, to doubt the correctness of a-
ny thing he thufi positively afhrms.
Yours. VINDEX,
Sib,
TO VLVDEX.
9IB,
In your statement of Mr. Whttncy'a
evidence before the House of Assembly, I
find the following vnQvds i *i Before the
charges were preferred, Ricbmnnt! ngked
witness if hft did not tliink Bartlct had
been making use of the monpy, and said
that Mr. Hagcrman previous to Ms depar-
ture* had informed hm that he suspected
this was the case.**
I beg leave to assure yon most solemn-
l/f that this is a gross and slanderous
faUehocd, no such conversation passed
between Whitney and myself, nor did
Mr. Hagcrman ever say any thing lo mo
of the nature here stated. The whol** is
a scandalous fabrication, like thd most
that has appeared front him before the
public*
You are at liberty to apply this com-
munication to whatevf r use you may think
proper.
I am, Sir,
Your most <^edtent servant,
ARCH. RICHMOND.
No. 4.
S!R,
In tlie very first sentence of your pubh
cation you Insinuate a falsehood, viz. that
Mr. liaVtlet Mras assisttd by Mr. Hagcrman
in his Pamphlet : so far froi 'his being the
fact, that gentleman never even heard of
Mr. Bai^let's intention to publish any $tate>
ment, 'ind when it appeared Mr. H. at onct*
condemned the measure j and in proof of
this I have not the least tlcubt but that Mr.
Bartlet would at any time make oath, if re-
quired.
From the 1st to the 19th page, your Pam-
phlet is taken up with a statement of your
i)roceedings, from the time of your return lo
vingston in Junr, to the period of your resig-
nation of the office of President : ail of whicli
I shall for the present pass over, intending
in a subsequent part of this letter, to prove
that supposing ait you relate of your con-
duct in thosf pages to be true, howr rom-
ptctely you have shewn yourself to have been
'...^■^^^f^
(?)
rif! naked
irtlet had
anJ tatd
usdepar-
kUspccted
i snleron-
andcrous
n passed
) nor dill
iig 10 tno
whol-* is .1
Ihd most I
efore the I
hU com* I
uajr think ;
rant,
lOND.
ur publj
vtz, that
[ag*:rmari
being the
heard of
ny state-
L at oncf
pt'oof ot"
that Mr.
uh, if re-
ourPam-
t of your
return to
; of whicli
intending
to prove
^•our con-
\ovt torn-
lave been
un/it^ and unworthtf, to hold the highly res-
pectable and responsible tiiaation of Presi-
dent to a Banking association, a auuaiton re-
quiring two tssentiul qttaUlies, ** ability and
^nteffrittjt" both of which, (to the dire mis-
fortune of those, who incatttiously permitted
tliemsetves to be associated with yoit.) you
l)ave proved yourself lobe so lamentably de-
ficient in.
It would be extending this letter to an un-
reasonable and unprofitable length, to copy
the worlds in which you relate your tnte, and
therefore I shall merely take the snbstance
of your statement, Ymi would have it be-
lieved that the conditions on which you a-
greed to resign, namely, 1st, a release from
the bond given by you as surety for Mr, Bart-
Ict, 2dly, indemnity against the note of JUOO/.
in Montreal, Sdly, the sale of a portion of
vour Stock, and -Ithly, a plaster for your i»i-
jured reputation, were 'lU with alacrity con-
ce<lcd to you ; and as a (urilier instance of
joy and satisfaction, at getting rid cf you,
500/. were by the board of Directors, unan-.
imously voted you, for your services ; and
alt this you insinuate was done, in order that
you, (possessing immaculate virtue and ho-
nor) might no longer by your presence, re-
strain the propensities of certain individuals
to pillage the Bank ! t Now Sir, knowing as
^9U dOt that thii statement ia utterly faiae, it
cannot surprise you, that it should be affirm-
ed to be so ; but those who take an interest
in this controversy, wilt I dare say, r« quire
some proof of your being so entirely wit'iout
honesty or discretion, as to have ventured lO
make assertions of so much const quencc
without good ground* for so doing, and for
this reason I shall give thf following reaf
statement of Facts^ and for the truth a f which
I rtfcr to John Cummin^ and John McLean^
Jinguires, and Messrs, Mnrney, A2i Lead
and Richmond* I purposely le*vc out the
names of the other Directors, because, it
may fairly be supposed. th'U your conduct
towards them has in no smalt degree incen-
sed th<'m against you,
Mr. Hagerman bad been absent attending
to the pwrformance of importaMt professional
duties, that had bcss assigntd to him, from
the middle of July to the 15th of September .
On his return tiomo ho was informed of the
diflicultieii that had occurred at the nuilc,
which induced him to beg that a meeting of
the Directors might be immedi.^tely c«^nve-
ncd, and this ac rdingly took place, at
which it was proposed, that every titort
should betwcd, to reMore harmnny among
the ofhccrs of the D mk, and if possible di-
vert impending ruin. And as a step towards
which, it was suggested, that it would he ad-
visable, that both yourself and the Cashier,
should resign your office*, and that others
should be t iected to 5U those situations, be-
tween whom it might be rcasouahly expec-
ted that greater cordiality would prevail. It
was however alletlged, that there was no
probability of being able to preserve the cre-
iJi» -''' *'jc P-^nk, unK'ss ymi wculd Irtimcdl-
0*^ -»rc the 8000/. you had surrepti-
t' led from Mr. Armour in Mon-
t" iugcrman expressed his convic-
ti< A'ould at once r< store the mo-
tie/ '.d of> so to do, that although
yourti. had been injudicious, and ill
advised, yetnc was persuaded that you had
not obtained it for any dishonest purpose i
he therefore recommended, (notwithstan-
ding your suspension) that you shnuld be re-
quest^l to attend the boa J at its next sit-
ting ; to this there was some objection, but
his advice prevailed, and you accordingly in
pursuance of a request made through him,
attended the meeting the follfiwmg evening,
to which time it had adjourned. But what
was his astonishment, as well as that of some
others i>f the Directors, when ym percmft*
torihj refused /o resign a* President, or to
deliver u/i the 8000/. unless the terms Vfhich
wen' aficrivards granted tjM were agreed to !
So tar from being disposed to givf up th; ail-
vantage , ou supposed you possessed in hav-
ing so large a sum of the funrfs of the Insti-
tution in your hands, and out of which there
w:»snft mcann « f wr* sting it th>< j- itt declof
ed you xooxihlnot even deposit the bills *n the hands
tfthe Hon G. //. JViarkland, or Jlf»«. Kir by. -with
either of whom it -toixs proposed to yau to hdsfC
them^ war intould yon at 0,(1 part with them, unless
the te'-ms dictated by ^urseli Cand not proposed
♦'
(S)
«
jj. Lt,"', Jt'uiUu4f ;ua -.'-u dctgriiuiMsd you
w«rt UtfKtrca iU wuuUi4«r« 4utl utiei* iMiaie
drtit}i*ri«tion it wskn (Utvniiitud tno/ft rsiuc-
tantly, hj a majority dtha ditard, tliut as it wu
llli(>ua»iuic iO icftiolt. Uic cr«tiit ot tue b«iik*
•o lung u yov wtrre in (los^hsiou ut' «o lArg«
an antouiit of Us luiid»» whtcti you migUt
wh^nyoM (WcascU put in citxuldtiont it wculd
be belter tu agree to the ternts you inipoeed^
than to forego the chance of keeping the In-
stitution from total failure ; you were accor-
dingly again called in, and iiiformei), that oa
the Monday morning following you should
bring down the money lu your possKSsion*
And your terms should be comp^icu witii. Oa
that morning you made your appearaucCt
but ^Tithout the money ; youthen for the first
time informed the board that you had left
60001. ui Mon*^^rtal, and ItMned lOOOi, morfi
to Messrs. Gates (^ Co- You however
brought with you ft rcsolntioa relative to
your character, which was w disgusiingljr
drawn up, that it was rejected the moment
at was heard, and tl^.ose drawn by Mr. Ha-
german, as a matter of necessity, substitu-
ted. When all this was done, discovering
the |K)wer you hiid in your hands, you wcro
rtsolved to exert It to the full, and therefore
notwithsianciin^ all you at hrst den^anded
•was granted you, you stated a n»sw objection
to giving up the money, and peremptorily
refused to do so, unless you were allowed
500/. as a compensation for services you al-
leged you had performed. This proposal,
to unexpected, and so entirely unjust, exd-
ttd universal indignation ; there was not 4
Director present who did not exclaim against
It, and it w.is accordingly unhesitatingly re-
fused. As you however persisted in claim-
Jns t\\t i»U«)wanfe. and that too by having it
immedately entUrtedon one 9i ytturnota t and in
case ut retuKctl threattfiiii^ lo retain lie nio-
nf>¥,it was at bngth agreed (ex necczeitatej
that it should De allowed yott iu the manner
fitated in the resolutions,
Tliis statement of the ifuth of the abovo
transaction, will I trust answer two purpo-
sed, iiisty 4iat of exposing your vUUiny, (par-
don gentle reader the apparent mdencii of
th« phrase.) and secondly, in some measure
exculpatmg the Directors from charges of
improper conduct, (almost universally
brought ag74nst them by the Stoc't holders)
in squandering their funds on so unworthy
an o )}ect ; thty will »ec th«t the Directors
were cotrced and comfuU^d into a measure^
the injustice of which they detrpty felt.
It may be proper here to explain why Mr.
Bartlet did not resign, as was proposed. The
reason ir 'plainly this ! when it was first fita-
ted to Mr. Bartlet that it would be proper
for him to give up his situation in the Bank,
he at once expressed his willingnesis to do
to if requif-ed. At a subsequent meeting
howevc^ he stated, that as it had been re^
ported by Mr. Whitney that a large propor-
tion of the funds of the Bank had been sto-
len, anda» he vaa responsible far any dejictencyp
he thougnt It but right that he should retain
his situation until the true state of the funds
of the Institution could be enquired into ; at
the same time expressing a wish that some
person in whom the Directors had confidence
might be associated wiih him, to witness his
conducts T!iere was $• much of reasona-
bleness in these remarks, that the Directors
acquiesced in them. Mr. Stanton, a gentle-
man of known honor and probity as well as
ability, was (i!:sociated with Mr. Bartlet, who
continued io fulfil the duties of Cashier, un-
til the investigation reported by Messrs.
Stantoi, Thomson, McDonell, and Radiger
was concluded..
■-.iirfss*.^
Stnewof
meaiure
argd of
iversatljr
holders)
in worthy
)irL*ctors
tn<:a$ure»
It.
why Mr.
iecl. The
fii-st 6ta-
! proper
\e Bank,
5S to 4o
meeting
been re-*
\ propor-
)een sto-
Id retain
he funds
into ; at
at some
infidence
tness his
reasona-
3ircctors
I gentle-
s \rell as
tlet, who
liier, un-
Measrs.
Radiger
(9)
No* 8*
SlRi
The next instance of mlsi-eprescntatlon,
wiiich I shall ailvcrt to, is one you seem to
have no small anxiety to impress on *hc pub-
lic as a tvuth : I allude to »hut in wh«c!» you
aftirm,lhatMp. Hiif^rman tmcccedrd vou
as Pnnidint <fthe Hank. Were it not that
every person who piJNsess^es any reij^rtl far
ht-it' uractf r, Tnusit led it a tUep
(Ufjratla-
liciTu have it imputtil to him, ll>ut he hail
tiucccc-kd to any \>Uti' you wvrt ever rni-
»i«i red worthy lo fill, it uoultl he of little
couscnucuce to contr A'<rrt your H:»scrtioM :
ai it is. however, I shi.U l)ri< fly sta'.c the
truth of ihe mutt! r. .Vowr r/t/v* after you
wre grA rid vf, Mr. M Lcod mfniioncd at
the f)»drd of liin cturs, tliat it wai* advisable
to fill up the vacancv tliat had occurv«-i»,an<!
2»ropose<l ttiat Mr. l(i t4;:erm;tn shouhl t>f e-
Irrttd : Mr 11. at once drcland that no eorj-
sideration nvjutd induce lumjo accfJi/ie ff
five &/ Ptrsidenl^ but ih it if W\s brother l)i;
rectors thoui^'lit, that thr busim ss of the In-
stitution would derive any acJvantagt; fro.ii
his presiding at tUtir met-tings, he Mould do
so. as it was his anxious wi»h to lend all the
assistance in his powt-r, towards bringing the
affinrsof ll e Bank to a satisfactory conclu-
sion : at the same tiaie however, he partic-
ularly stipulated, that n-s notice whatev r
was to be taken ol \\\s pt. rf )r:uing trvvn thi?
duty, but among ih- lusilv* s. From this
statement, and for confii mation of ih^ truth
of witich appeal is made to <vcry Direrior,
the public arc left to judge wh-'ther Mr. M.
WHS or was not Trcsit!* nt. It is plain ttiat
iie did not consider jiia\8clf .** such, and it
is equally ccrtui.i tiiai the* moment he inti-
mated to the sevrrai gtmleiuen of the boird,
his disappointment at stciug the notice of the
24th Dect mbtr in i!ic i hi oniric, purport-
ing to be signed bv him as ** rrcsidenlof the
Rank,** (a notice which was so far from lia-
ving b^'en authorized by him. that hv had ne-
ver se«'n, nor h. ard of it, until aft* r its pu'**
lication) that they caused it to hv discontin-
ued, andtxphhicd the inadvertence to which
its appearance was attributable. The truth
is. that in the book where the proceedings
of thr board were usually noted, an entiy
was made, stating that oii a certain day
Mr. H. had bctcme President, an intry
which arose eniirtly from misappr^henjiion
on the part of thcofficep wlio made ii^t
should not have dwelt thus long on a point,
which by most persons will be considered
unin\portant, wer*: it not that i? affords an-
other opp^rlnmty ofexpo>in>; ycur malice,
autl hjcoiisistrncy : %cur ohjcct in endeav
oiirtiig to ifiiprr.HS tlie public with an opin-
ion, lli:»t M«-. II. was actu.dly Prcsidt-nt of
tfic BHuk. anstfs fro^n an arjxiety on your
part, to have it I. .- w'l that he wasinlt-
mately asriociattd Vuh, and acting in con-
cert with Mr. Bardlet ; and a* you srtm to
consider it as ti matter adnjiltrd on all hands,
lluit he (Mr. B.) was iht- peculator, you
think by this mcun* Vf u will entatjltsh an u-
iiiversal boliif, tint Mr. M. shand lljc '♦///-
ro'/r;!//*//".'*— .Vulgar, dctevtutde 'wretch !
ri..;t Mr. Hag. rman manifvsttd for Mr.
Bariltt more consideration than the general-
ity of pi ople thovight him entitled^ to, may
be perhaps true, but hi fore blame is attach-
ed to liim for conduct not understood, it would
be well if his motivrs w«;rc rnquired into ;
this Is not tho place in which an explana-
tion can be properly introduced, it may here-
after be entered upon, suflice it for the pre-
sent to say, that every stvp of Mr. Hager-
manN conduct in relation to Mr. Bavtlet,
wiis fully understood, and approved of by the
board of Directors, by whose advice he was
cn^ir<lf s^nertied, and also equally well un-
derstood by Messrs. Stanton, Thomson. M -
Dontll, and Kadiger ; let any ot»e of those
Gentlemen say whether these otiviS wMtc
discreditabU; to Mr. 11. or to thf2 disrjvan-
tage of the Bank —But to return to yourseii :
when you insinuate that Mr. Hagerman, by
becoming l*ri sidtnt, (as you affirm) acqui-
red a coatroul over the funds which enabled
hmi to dispose of them as he might tluuk
proprr.did vou forget the .imark y»u your-
self make at the 32d page of your Paniphlet,
that the Presidnit could not in the ttmt in-
terfrevti^h I hem ! Now Sir. it in fmfcctty
true that the Prcmdcnt had m right to in-
terftre with :hetn,buf f/ou frequently OMum-
(10 )
ed that right, and it was entirety oiving to
its being at letigth dif/iuted rjithyoii, in io%\'
Kcqucnte of your refuning^/irst to obtain the
eanction of the Direct jrs to your Jiroceed-
ings, that your quarrel ninth Mr. Bartlet took
fdace 1 and for the truth of this I refer the
reader to your own statement as contained
in the production this letter is intended toex-
uminc-. Supposing Lhen that Mr. H. did ac
taally fill the situation of President, from
your own shewing he did not from that cir-
cumstance, obtain any facilities of disposing
of i^c funds ; but you would probably have
it t iderstood (and so I understand you) that
Mr. H. received his share of the plunder
through Mr. Bartlet, and you found your o-
pinion upon his apparent intimacy with that
individual ; now all I have to say upon this
point i?, that there never existed between
Air, If. and Mr. B. the slightest intimacy ;
the only intercourse ihey ever had with each
other was upon ordinary business, and of no
other kind or description vhatever ; had the
reverse been the case, however, surely you
ought not to allege it as a charge against any
one. Have you forgotten who 5 was that
first induced the Stockholders to entertain
sufficient confidence in Mr. Bartlet'* integ-
rity to allow him to hold the double office of
Cashier and Director ? Do you recollect who
it was that for the whole period you were
President, exclusively endorsed your Notes,
and to the amount of several thousand
pounds > and will you also bring to mind the
person who never refused to enaorse his
(B's) Notes, to any amount, until he oppo-
sed the schemes you appeared to him to be
practising to effect the most dishonest pur-
pose ?-~when you recollect that you were
the person to whom 1 allude, you certainly
I think, will blush (if you can feel shame,) at
your folly, in now bringing it as an accusation
against another, that he should act on the
faith of your example. The truth is, that
as long as Mr. Bartlet ruffered you to pro-
ceed in your measures without interruption,
you never hinted the h ast suspicion of his
Wfint of integrity, I)ut the moment he oppos-
ed you, you endeavoured to hold him up as
being every thing that was worthless and
dishonest.
Your next misrepresentation is, that when
the Bank stopped payment, chere was £2480
in specie in the vaults— .this you know to be
false ; you know that there was nothmg like
that sum on hand, but that it had been ab-
stracted during the time you were President.
It is quite true that it appeared from the
books, that sum ought to have been forth-
coming ; but such was not the fact : how
much really remained I have not been able
to ascertain, but every Director would feel
but little hesitation in affirming, that nothing
was «« abstracted" after you ceased to be Pre-
sident.
The next point to which I shall refer is
that relating to the discontinuing of Mr. Ma-
nahan, who had been employed in examin.
ing the books ; and you endeavor to give a
turn to this circumstance, as foolish as it is
false ; you say that at the moment Mr. M.
came to a conclusion tliat there was a defi-
ciency in the funds, he was on some idle pre-
tence sent off to York, in order to prevent
his developing the knowledge he had acqui-
red. Now Sir, when 't is kno^vn that Mr.
Stanton and anothei- highly respectable
young man, were emploveci at the same time
with Mr. Manahan,for the exfiress fiurfiose
of finding out that very fact, viz. what the
deficiency' was, I cannot imagine how you
can i)retend that he was removed to prevent
its being ascertained, unless you think the
persons retained less competent then Mr.
Manahan, to make the discovery,— I am not
disposed to enter into any discussion with au
individual, who may have been actuated fay-
good motives in what he has done ; but I
think I may venture to say, that Mr. Mana-
han has himself totally misunderstood the
motives which governed several individuals
connected with the Bank, in their conduct
towards him. In the first place he never
was discontinued, because there was the
slightest M ish to prevent his coming at a true
state of the affairs of the Bank ; or because
any one had any doubt of his ability to inves-
tigate them ; but objections were raised ti>
his being employed by u person deeply iix-
tcrested
and to Vi
to atten<
anxious
felt the
feet no
Manaha
tors at tl
iety on t
tion in a
fully sei
observat
lian's no'
have pul
I regret
believe
been ind
the mor
fercd it t
statemer
thv* purp
tion ; on
At th(
Hugh N
state tha
reason N
delicacy
fdedged
man : th
to, but t
words ;
made wa
fender ol
on himse
no cvidt-i
with guil
since the
such as ii
vestigatic
fair and i
ced rhe
opinion o
made are.
it isnotni
but as a
satisfied
persist in
ployed, b
by liim (l
pointmcn
^'-*-^.
(" )
less anil
li&t when
as £2480
low to be
hing like
been al»-
' resident.
Vom the
en forth-
ict : how
)een able
ould feel
t nothing
be Pre-
1 refer Is
Mr. Ma-
examin-
to give a
as it is
: Mr. M.
IS a deft*
idle pre-
prevent
id acqul-
that Mr.
pectable
ame time
fiurfiosc
what the
low you
prevent
link the
hen Mr.
I am not
I with ciQ
lated by
; ; but I
'. Mana-
ood the
livid uals
conduct
le never
vas the
at a true
because
to inveS'
'aiicd ti>
eply ii\-
tcrested in the investigation then going on,
and to whose objections the board was bound
to attend ; several of the Directors were
anxious that he should be retained, but they
felt the necessity of discontinuing bin). I
feel no hesitation in saying that had Mr.
Manahan enquired of any one of the Direc-
tors at the time, or (if he still feels any anx-
iety on the subject) even now puts the ques-
tion in a reasonable manner, he will be made
fully sensible of the truth of the foregoing
observations. I have noticed Mr. Mana-
han's note addressed to you, and which you
have published at the end of your Pamphlet.
I regret that a person so respectable as I
believe Mr. Manahan to be, should have
been induced to allow you to use his name,
the more particularly as I think he has suf-
fered it to be employed in giving currency to
statements, that have been circulated for
th>? purposes of calumny and misrepresenta-
tion ; one of which I shall now point out.
At the first meeting of the Stockholders,
Hugh McGregor, Esq. in the Chair, you
state that Mr. Hagerman explained that the
reason Mr. Manahan was not continued was
delicacy to Mr. Bartlet's feelings, and also
filedged himself that Mr. B. was an innocent
man : the first point I shall not again reftr
to, but the httf r is a gross perversion of
words : the declaration Mr. Hagerman
made was, that he did not appear as tlie de
fender of Mr. Bartlet, but he would take up-
on himself to affirm, that the Directors had
no evidence to induce them to charge him
with guilt, on the contrary, that his conduct
since the failure of the Bank, had not been
such as indicated a wish to embarrass the in*
vestigation of its affairs, but uas ptrfectly
fair and open, and altogether such as indu-
ced the Directors to entertain a favorable
opinion of him. What funh r remarks he
made are not remembered, and if they were,
it is not necessary or important to state the sn;
but as a proof that the Stockholders were
satisfied with his explanation, they did not
persist in requiring Mr. Manahan to be em-
ployed, but adopted the measures sugg. sted
by liim (Mr. H.) nnd those only, viz. the ap-
pointment of a higlily respectable coraaiit-
tee, to be associated with the Director?, for
the purpose of witnessing the measures they
found it necessarv to pursue, in bringing the
affairs of the Institution to a conclusion, and
make a report to the Stockholders ot the
state of its funds, and of the causes which
led to its tailure. The Resolutions adopteil
on this occasion were drav. n up by Mr. Ha-
german, the silly Chairman not being com-
petent to perform his duty in that respect.
By the bye, as you were not yourself pres-
ent, will you be good enough to inform the
public, whether you obtained your informft-
tion of the proceedings of this meeting front
thi^ contemptible block-head .' as in such
case you may relieve yoursflf from the im-
putation of having fabricated aii the false-
hoods your Pamphlet contains.
No. 6.
SIR,
Although you may hav<» it in your power
to Stiy that you published as true, the account
your pamphlet contains of the procedings of
the mi-eting referred to in my last, on the
taith of some person as faithless as yourself ;
you have no such excuse to plead for the
false and garbled statement you have given
of the occurrences of the 23d December j
you were yourself present at the meeting of
the Stockholders on that day, and by your
conduct rendered yourself som^jwhat con-
spicuous. Your munntr of relating this part
of your story, is so unconnected and disgust-
ing, that I shall not attempt to quote your
woros, but brit.flv dttail what actually took
place, Iraving to such as are interested to
compare the iwo statements, and referring
to every director, and Messrs. Stanton,
Thomson and M. DoneU for the truth of what
I shall affirm :—
When in pursuance of Mr. Hagerman's
suggestion and advice, acomniittee of Stock-
holders was appointed to act with the Direc-
tors in the investigation of the affairs of the
bank, they entered on the performance of
the duty as'Mgntd to them with zeal and care-
fulness ; and every ftcility was afforded them
by the Directors within their powtr ; they
[4
(12 )
were al^ constantly pre sent at every delibe-
ration of the Board, and their opnnou. a.k-
eduDoutvcrv subject that came uikKt ^i^-
cus on \ ana'l be . eve it would not be pix:-
tTZlioo n.ucW fo say, that thtre wasuoi a
board and commitietr. When the latiei
gen L^enhad gone ihrougU w.th the in-
f estigation they had undertaken and ueda-
red ^hen.selv.s r.ady to submit thur .epori
to the Stockhohlers. the Directors g^ve no.
Ike of the circumstance, and that a mee tin?
lould be held at Brosvn'« hotel «» the .o.l
December.-A» this nietting was to e
one of much interest and .;nportance to the
parties interested, it was ^.ry desirable that
t should be properly managed, and itth. e-
for^ b^-ca.ne a matter ot vuscussion at the
board, iu what .nanuer it shouUl be conduct.
ed ; it was vhcught. av.a .h the "^--^"'S 7;'J
to be convened by the Directors '.hat ihey
were the proper persons to coi.'luct it j anci
Mr. riagermiu was ace o^di-igly requested
by them to preside at it ; and received m-
Jructionsat the same time, to give io the
Stockholders all the informaiumm bis pow-
er on .ubjects conm cted with tlie mst-uiuon.
Mr. Hcigerman most reluctantly undertook
this duty, upon receiving the assurance of
t c Directors that he shouM h.ve trom them
every possible sujiport. Accordingly, wh^-n
tlie meeting hud assem!>led. Mr. Hagerman
announced that the committer appointed by
the Stockholders to invcstigale the attairs ot
the Bank, baving (Icclatcd ihemselves rea-
dy lo make their report, ti.e Dircctoi;s had
convened the present m-ietin^ with a view ta
its being submitted, and also for the purpose
TJvl% to the Sockholders such further
exolanatiott as it was in their pouer to give
in relation to the Bank ; but observing that
there were several persons in tlie room not
Stockholders, he suggested the propriety u
d eir retiring, as the meeting was mtendcd
tobeconfmeTltothoseonly who were part-
ners of the association. This latter observa-
tion excited the indignation ot a Cxentlemau
nresent not a Stockholdtr, who chose to con-
sider that the remark, although made m the
mos general terms, was intended to apply
fiarticutarly to him. and irt a fnaiti\er nnt re-
markable for coolness or discretion, he re-
pj-oachcd Mr. H. for the observations : thi*
led to a good deal of asperity and unneces-
sary warmth ; in the course of whit-U som«
one' of the offended pa^ty observed, that ths
meeting being one of a general character,
and not of the Directors only. Mr, H, had
no right to assume the Chair, and proposed
that some other p rson ii\ the room should
be elected. Mr. Hagerman iit once stated
t>iat he had not assumed the Chair^ but that
he had been requested to take it. with a view
of giving to such as were tntuled to an ex*
pUnition a full account of the affairs of tha
Bank so far as the Directors had any know-
ledge of them : and he further remarked
that he should retain his situation until that
was (lone, and then he should be most hap.
py to resign it to any other person the Stock-
holders might choose to select. Notwith-
standing this explanation however, much
confu:,ioi» continued, and Mr. H. perceiving
that the chance ot preserving proper order
was hopeless, he firofiosed that the sense of
the meeiing should be taken, whether he
sliould conti.me in the Chair or not, observ-
ing that as his situation was f^r from being
enviaole, he would abide by what might ap-
pear to be the wishes of the majority : upon
this question being put it appeared that there
was a majority ot persons in the room, desi-
rous that some other individual should pre-
side, upon which Mr. H. immediately left
his plrtce and retired from the room .---In or-
der however to shew that th''- minority was
not such as he had any reason to be asham-
ed of, and how far the question was from ha.
viiig been almost unanimously carried, it is
sufficient to state, that it was opposed by all
the Directors, the members of the commit-
tee, and every considerable Stockholder
present As soon as Mr. Hagerman retired
the tumult encreased, and there was for som:;
time much difficulty in finding a Chairman,
several gentlemen who were proposed hav-
ing refused to officiate in consequence of the
discreditable conduct manifested towards
Mr. Hagerman : at length however the sa-
pient mV. McGregor was again elected ; but
- ^
( 13)
r nftt re-
\ he re-
ons : thJ*
unnects-
it,li sonrie
, that tha
haracter,
'. H, had
proposed
)ai should
ce stated
', but that
ith a view
to an ex*
iih's of the
my know
remarked
until that
most hap.
the Stock-
Not with*
er, much
pefceiving
per order
tie sense of
i^hether he
ot, obscrv*
From being
; might ap-
>rity : upon
1 that there
room, desi-
should pre-
diately left
Dm.— 'In or-
inoriry was
be asham-
as from ha*
irritd, it is
50sed by all
le coiumit-
BtockhoWer
man retired
vasfor som;;
Chairman,
oposed hav-
uence of the
,ed towards
sver the sa-
electcd ; but
no sooner had the report of the committee
been read, than it was discovered that so nc-
thing more wa« required to conduct the pro-
ceedings of the metting, than « t/iing to act
as chau-man ; and as no respectable person
in the room, competent to the task would
undertake It, (IbsUeva you were overlook'
td!J the dilemma the mt* eting had got it-
self into was very great. In this state of
things it was deternained to request Mr. Ha-
german to return, and a message was sent
him to that effect ; to this he of course re-
turned a decided negative j but the meeting
having by this time discovered tital his pre-
sence was of much importance, it was resol-
ved that acorn mittic should be appoiiittd to
request his return and to take thf Chair ; of
this deputation, which consisted of three per-
sons, you were one, and Mr. Atkinson, who
had condemned the proceedings of the meet-
ing from the commencement, but who was
anxious to conciliate, consented to be anoth-
er, the name of the third I do not recollect.
The moment the proposal was made to Mr.
H. however, he in language sufficiently ex-
pressive of the indignation he felt at the un-
merited treatment he had received, refused
to comply with the solicitation : he declared
that he could not agree to place himself in a
situation where he migUt be a second time
grossly insulted. When the committee re-
turned and intimated Mr, Hagerman's an-
swer, the proceedings that ensued were both
disorderly and unsatisfactory, so much so
indeed that a majority of those who had from
misrefire^entation and mha/ifirehennon» vo-
ted against Mr. H's retaining the Chair, a-
bandoned the meeting, and many of them
called on that gentleman and expressed their
regret at what they had inconsiderately don**.
At this meeting you rendered an account of
you I'residency, which was in substance the
same given by you before the House of As-
sembly ; and' here we have another proof
of vour inconceivable wickedness and folly :
--stirely Sir, you were not at this time awed
bv the *ii\fluence of Mr. Hagerrnan, for he
was not present ; neither could you have
»).•«»! restrained from fully developing all
voii knew, by the ca«iiion, yov fuistiy affirnif
he gave you not to refer to any memter of
the House of Assembly ? Why then did vou
not bring forward at thisiinxe, those feaifiil
charges yon have since dared to insinuate
against that gentleman ?— -Perhaps I may
guess the right cause ; your cowardly sou J
shrunk from the danger you apprehended
from such a course ; you probably feared
(as I firmly believe would tiavc been your
fate) that you would have been hurled head-
long into the street, by the persons present,
had you dared so tc have spokeu of him.
Vou say you tvevf thanked jur tjour camlld
ex/Uanation on this occasion ! ! Pray Sir,
will yott be kind enough to favour m* with
tlte ayes and nays on the quesUou'ft b^it^^
put?
There is but one observation more to he
made bt'fore the scene h shifted to York.
You state that Mr, H. whs at the time of the
last meeting of the Stockholders in posses-
sion of the keys gf the Bank ; I have but a
few words to say on this point, but Ihey sh?»U
he conclusive. On (he tnoruing t,f the thi
oj December^ Mr, Barttct resigned the tjjtKif
ofCashirr, andtvith it fjr thefiry-t time /loif
session oj the keifi of the Bank, and the cfftcfs
of the tnntHution, Upon his tioiug so, ic be-
came a question with the Directors into
whose hands the keys should be deposited :
Mr. Hagerrnan was requested to take tbctn
until Anally disposed of: this he did. and the
board imwpf/iV/^7y adjourned orui firoceedi'd
t« meet the Stackhelden ; after Mr. H. had left
this mteiing as above stated, it %vas suggtb-
ted to him, that it would be advisable fiom
particular circumstances to remove the mo-
ney and notes from the vaults ; he o'^c^r-
dingly accompanied b^ Mr* JMcLcod and one or
two other DirectorSf yvejit ta the Bank ; »lfr, JitC'
L*iod sealed up the packages containing thos*ar-
ticlea v/ith hit seal j they tvere then deposited in an
tron chest in Jbr, ffagerman*» office^ -where they
remained unt I the folloiv ng mormngt rvhen tft^y
vtere again brought back l« the Bank, the paeka*
ges opened in the presence of all the Directors^ the
contents examined^ und (ound ta c«rretponJ with
the acc>*nnt taken of them p^iur to their being pUt*
ced in •Hr. H s passestitn, ». if then delivered over
to .Hn Stanton, and tfut U the knjrth of time and
( u )
estdttt ufcantntut Mr, B, ever had veer Vie fundi
9r prpptrtjj ui tiu: Bank,
No. r.
SIR,
I now come to the consuleraticn of Itiat
part of your narrative, which refers lo the
tveata at York ;— events w^ich I never can
think of without shuddering ; I will not new
however indulge m making any remarks u«
poft them, beyond %vhat is necessary to point
out the falsehood you have publis^'.cd in reu-
lion to them. Indjeed I btgin to feel disgust
at continuing further notice of you. as at «•
very step S take, I find new inducements to
lament the depravity of human nature, exhi-
bited in your total disregard of cvei y thing
like truth, and the hardihood you have evin-
ced Id exposing your worthlessncss to detec-
tton.
Yoa seem to have (In a certain degree)
felt, that it was necessary for 5'ou to account,
for not having staled u» the Bar of the House of
Assembly, the same charges you alledged a»
gainst Mr. Hagerman in the Legislative
Council Chamber, and you therefore give a*
a. reason thai yoiU bad been cautioned by that
gtn*lcman not ta allude t9, nor mention a member
of the ffotise of *issembly in the eourse of your re»
markt. Now let the reader attend to the follow-
ing siatemcut which* whenever oecessajy, 1
will prove by a person whose name, Trom
Wotivcs^da may /05«6/y understand. I for the
preseni abstain from menMoning. When the
report of the select committee was prepared,
Mr. Jonas Jones, as Chairman, submitted it
to the House, and in commfntin«i» upon it, he
felt it his duty to state, that from ihe account ym
had yourself given of your proceedings aa Preai-
dent, your conduct was proved to have heen MOST
INFAMOUS !, and tfiat the failure of the Bank^
wos mainly attributable t9 you. You were Stand-
ing in the lobby of the house, when this opin-
ion was expressed ; and it overwhelmed you
with consternation »»i you had vainly hoped,
that you had cajoled the committee into a
belief, that vou were an innocent and illnsed
liuin ! ; the majority of them however, were per-
sons who kbew nothing of you, bat what you
had tctd them of yourself, they also were
not prejudiced in favour of one person or a-
noiher, and therefore gave their opinions
without bias i I say the majority of them were
nieuot this desciiption, lor extraordinary as
it may seem, Mr. Hagerman still clung to an
opinion, that your conduct was less gmlty than
foolish* At the time Mr. Jones expressed the
foregoing opinion of you, Mr. Hagerman was
not lu the house, tut the remarks that had
been made, were repeated to him, and he
immediately expressed his regret at them,
nay— so far did he carry his kindly feelings
towards you, that he called you to him, and
observing your agitation he told you, that he
would use his exertions, to remove the im-
pressions that might have been produced by
Mr, Jones's remarks, unfavourable to your
character; ard actually did speak to Colo-
nel Nichol, Mr. Charles Jones, Colonel Bur-
well, Mr. Ruttan, and several other mLmbei-s
to that effect. The next dfiv you procured
to be drawn, a memorial to the house, pray-
ing that yort might be heard at the bar, in
ycur defence^ and you sent fur Mr, Hager*
7nan, and requested him So give you his ad'
vice in relation to your petition^ and to firs-
sent itf saying that you wished, by a plain
relation of facts, to remove the prejudice
which had been excited against ycAt by Mr.
Jones. Mr. H. at once told you, that if you
desired if ^ he vjouid firesent the fietition, but
said that he must inform you, that if ynur ob-
ject was to refitrj to the remarks made by Mr,
JoncBt you would not be allowed to do so ;
as it was contrary to Parliamentary usage
for a person not a member to comment upon
the ianguage used by a member in debate ;
but that ) uu might be heard in opposition to
the passing of tiie bill or of any clause of it,
but nothing more : you stated that you hj»d
nothing more to allege than you had already
communicated to the committee in relation
io the affairs of the Bank, and thi t if you
could not reply to Mr. Jonf^s, there was no
Ufc in your being heard ; and therefore by
the advice of Mr, H, concurred in by the
friend prenent^ you did not make the appli-
cation; 4nd this. Sir, is what you have fhor
ten to sti
Mr. Hai
directly i
No perse
was the i
Hagerm;
remarks
fer in re!
officers q
to do so,
you been
were cal
the com
pretend
it was y
truth, bi
you did r
you sub!
that at ti
idea of \
entered i
creature!
by circu
red, and
tail. Xti
intro<luc<
mittee^ (
different
by the C
yo'i were
Iher) for
to this cl
ly hostili
bill you ]
granted ;
to the ho
expungei
ed, a sf CI
jcct, attl
qually ur
fort, dete
the influv
and you 1
of the %
should b<
this some
of which
cd, that I
relit vc y(
9ian upo
i'!
~'.'^
.^.M.i,
( 15 )
so were
}n or ft-
opluions
im were
inary at
ng to an
'ilitf than
ssecl thO
nan was
ihat had
, and hQ
*t themj
feelings
kim, and
that he
the im-
lucfd by
; to your
to Colo-
nel Bur-
)rocui'td
se, pray-
2 bar* in
Bager-
t his ad'
I to /ire-
a plain
rfjuclicc
, by Mr.
at if you
tiotif but
ynur ob-
e by Mr,
a do so ;
y usage
debate ; ■
)sition to
use of it,
yo« hJid
i already
relation
t if you
; was no
L'fore 6y
i 6y (he
le appU-
ten to ttaff to the vfortd, o» a eauticn from
Mr. Naffgrmartt not to allude dirtctty er m-
directty to him in the course of your remarks !
No person will perceive from this, that there
was the slightest intention on the part of Mr,
Hagerman, to restrain you from making any
remarks yon iTiight think it necessary to of*
fer in relation to hia conduct as one cf the
officers of the Bank, indeed had he desirtd
to do so, it would have been of no avail had
you been an honest man, because when you
were called onto give your testimony. before
the committee, at which time you do not
pretend to have received any such caution,
it was your duty to have told not only the
truth, but the whole truth, which certainly
you did not do, if you believed the allegation*
you subsequently made. But the truth is,
that at this time you had not the slightest
idea of prefering them, they had not even
entered into your imagination, but were the
creatures of malice, and indignation, excited
by circumstances that subsequently occur-
red, and which I shall now proceed to de-
tail. It is generally known that a clause was
intro<luccd into the bill rep-orted by the com-
mittee^ (for the one ultimately passed is far
different from that) legalizing the bond given
by the Cashier, and his sureties, (of whom
yo'i were one and Mr. Patrick Smyth the o-
ther) for the due performance of his duties ;
to this clause, you of course were extreme-
ly hostile, and at the stcond reading of the
bill you prayed leave, (which was at once
granteil you,) to offer your objections to it,
to the house, in the hope of having i/owrnawc
orpunged frcm it, but your arguments fail-
ed, a 'iecond sfieech^ made for a similar ob-
ject, at the third reading of the bill, was e-
qtially unsuccessful ; you then, as a last ef-
fort, determined on finding out what erFtCt
the influence of other individuals would have,
and you therefore managed to persuade one
of the members to move^ that the clause
should be altered to meet your views : upon
this some little debate ensued ; in the course
of which a gentleman In the house remark-
ed, that he thought it tut Justice to you, to
relit vc you from responsibility. Mr, Hager*
iiian upon this observed, that the honourable
gentleman must have a lingular idea cfjug.
lice, ij he considered it acting in accordance
with its dictatet^ to discharge from res/ionai-
bility one of the fiersons^ to ivhoae miscon^
duct the fuilure of the Bank was ev\dentlff
attnbutable . and subject an \nd\v\duai to the
ivhole of \t,V)ho had had no share in the
fraud committed on the public / This was the
first and only remark of a personal nature,
towards you, or any other individual, made
by Mr. Hagerman, during the whole progres*
of the bill, through its different stages » but,
combined with the eff<^ct it" had, of inducing
the mover to luUhdraw his motion, it was suf-
ficient to bring into action the malevolence,
which seems to form a p.irt of your nature,
and from this moment you planned those
schemes of vengeance which, (in your own
mind) you resolved to wreak on the man,
who, through good nport, and bad report,
had ever stood your friend. Your malice
was also soon after considerably augmented
by an other occurrence hostile to your views,
and which you relate yourself, viz. Mr, Ha-
german's objecting to the clause binding the
property of Bartlet and Ferguson, which
you induced Dr. Baldwin to propose for a-
doption, unless youR own kame was inser-
ted ; Mr. H, considered that as Iht failure
of the Bank had been attributed ^' the com-
mittee to the misconduct of three persons,
of who n you were one, that it would be un-
fair to subject two o% the three to greater
penalties than were iiatlicted oa the third :
and his arguments were so reasonable that.
Dr. Baldwin immediately assented to Ihens,
and altered his motion accordingly. The
bdl was th'.'n unanimouslv passed and sent
to the Legislative Council for concurrence,
and before this honourable body it was,
that you chose to pursue a course of conduct
• the most wicked m its conception and infa-
mous in its object ; but which you h«wever
have dared to speak of with exultation, as
the triumph of virtue, over oppression and
Injustice ! Bui even here, Sir, 1 am enabled
to disappoint you, and to point out your in-
famy and misrepresentation. You speak of
it as a matter of course that the alterations
made to the bill in the Legislative Qouocil
( 16 )
were entirely oying to tHe 'nfluencc of your
representatives. But let tt^«/'^^tSL rr^^n
to the following account. Mr. Hagermda
had heard with utter astomshment hat be-
"oi-e a committee of that house, you had m-
Binuated the darkest calumnies against him,
*nd having heard that you were to be heard
at its bar against the passing ct some of the
clauses of the bill, h^ determined on being
nresent. when you should be admitted toot-
fer vou^ objections. Accordingly he was m
tlie lobby when you delivered ihe harangue
which you have since published as your
speech, the absurdity of which can only be
equalled by its wickedness! And I will just
observe, en Jias.ant. that I cannot but coaj
sidtr. that the Legislative Council suffoied
their dignity to oe insulted, and the rules of
Parliamentary usage to be intnnged, when
they allowed a pe. son to stand at their bar,
a^nd instead of confining his observations to
arguments against passing the b'U then un-
der discussion, and which was all he had a-
ny right to .allege, to divergf into t,ie gross-
pst personal abuse, and which would not m
the least influence the decision about to be
pronounced upon the question before them,
Lud in support of which not the slightest ev-
idence was offered ; it certainly seemed like
listening to idle gossip, and personal slander.
But to return, when you haa concluded
vour remarks. Mt\ Hagerman felt it mcum-
'bent on him to be heard in reply, and when
ht applied to the house for that purpose, it
certainlv was his intention to have made
some observation* i.» proof of the villany
which you had been guilty of. and which had
nctuated you in your attack upon him ; but
. a sense of better and higher feeling soon
• flashed upon his mind ; he examined his
conscience, and found no sting there ; he had
- received assurances of confidence and f s-
teem from men. who were well acqtiamttd
with every motive by which he had been go-
verned in the measures he had advised, and
pi-osecuted with respect to the Bank, he
considered the situation In which he stood as
a member of society, and he reflected on the
■ person from whom sprung the slanderous
r»iarge» that had bctn alleged ag^unst hun i
and he Immediately changed his resolutiar.
•* When he appeared therefore at the bar ot
the Legislative Council, he remarked that
he did not appear there for the purpose ot
preferring charges against any one ; and
that he should despise himself if he consid-
ered it necessary to repel those that had
been insinuated against him ; he trusted to
the knowledge those he was addressing hau
of him, for a justification from the attack,
(m:rhgnant as it was unexpected,) that had
been made upon him, and that if he believed
that his character required that he should
repel the charges brought against it by you,
he would no longer consider it worth pyt-
serving ; and he added, that notiv\thstand\ng
the injury you had endeavoured to do him^
he would not be provoked into unjust re-
tnliation, and therefore, although he eon-
sidered your conduct as one of the pnnci'
pal cam's of the failure of the Bank, yet
he never had had sufficient evidence laid
bifore him, to induce hint to charge you
with having robbed the institution, and
thert'fore he was as ready to acquit you of
guilt in (hat respect then, as he rv as when
he drew up the resolutions, at the time of
your retiring from tne Presidency.**
He then proceeded to urge his reasons why
the clause to which you were hostde should
not be altered by striking out ycur name,
and concluded his remarks. The question
was soon after nut. and as a proof that any
thing you had advanced had no weight, the
bill was PASSKD V/ITHOTJT ALTIlHATIOK,
and ordered for a third reading : anct m the
course of the debate, censures, far more se-
vere were passed on your conduct, and par-
ticularly on vour sp-ech, by membevs <>i the
L-gislative Council. Itian any that had been
used in the House of Assembly, even tfivif
two vemrable gentlemen, to whose deter-
mined starul you say you owe your escape
from ruin, did not venture to make one
single tMermtivn favourable to yon,
Tshall now shortly sttite how it happcnr<l
that the bill was altered to what it now is
(from which U will be sten whether it w;^»
ency,
(17)
f
Lhe bar of
'ked that
(urpose ot
one ; and
lie consid-
that had
trusted to
ssing had
^ attack,
,) that had
e believed
he should
. 4t by you,
ivorth prt-
\thstan'l\ng
to do him^
unjust T€-
sh he con-
the princU
Bankf yet
idence laid
:haTge yott
iition, and
quit you vf
was when
the time of
ncy**
♦easons why
stile shouUt
ycur name,
iie question
lofthat any
weight, tiie
.TtHATIOK,
; anc< in the
tar niore se-
ct, and par-
nbevs of tUf
at had been
, even tho'ir
rhose deter-
your escape
9 make one
to you,
it happcnr<!
lat it now is
\ethvr it w^*
owing to youif Enflaence.) When the third
reading came on» an honorable gentleman
who had not been present during the de-
bate of the former day, but who was oppo.
sed to the bill altogether, came down to the
house, and another honourable member who
was favorable to its provisions as it then
Stood, was Uken ill» and was oblif pd to be
absent ; the consequence was, that tne house
being thin, the members were equally divi-
ded, and the law must have been eventually
lost, had there not been mutual concessions j
and accordingly it was agreed to adopt the
amendments, (offi:rer\ 1 believe by Mr. Dick*
ton,) and to send thcoi to the Lower Hous«
for concurrence.
1 have now come to a conclusioa of the ex-
amination ot all the measures delaUed iti
your Pamphlet, in which you have implica*
ted Mr. fiagerman and others i my next
number, and which I trust will be the final
one. I shall devote to the consideration of
the account you have given of vour own
CONDUCT AS President or the Bank, by
which I think I may promise to satisfy eve-
ry impartial person* that Mr. Jones was ful-
ly authorised to stigmatise your conduct as
IKFAMOUS. and that no better justification
can be made out, than will be established by
Mr. Hagerinan^s milder assertion, th tt vou
WERB OS* or THOSS TO WHOSE MJSCOKBrCT tAH
r4ii.vB& or xas Bask was ufAtutt itTaiatrtA-
Before closing this number, however, as I
do not wish to refer back to any part of my
remarks as I proceed, I feel It my duty to
offer some apology for a part of Mr. Hager-
man^s conduct which 1 am aware has been
much, and I think deservedly censured ; I
allude to his having expressed ANV OPINION
as to your innocence before the bar of the
Legislative Council, for although I have most
completely refuted the charge of inconsist-
ency, which you have brought against him,
i.e. of ACCUSING YOU BEFORE THE ONE
MOUSE. ANO ACqylTTlNG YOU BEFORE THE
OTHEu, and for the truth of my statement
with respect to which, I have not the least
hesitation in appealing to every member of
the HouMof Assembly tbat knows any thing
of the matter, yet I think he was doing &n
injustice to the other individuals against
whom charges of dishonesty have been
brought, and who for aught the public, or e*
ven any one of the Directoss, know, are as
perfectly innocent as you are : but an ex*
cuse may be found in this, that a man of pro-
per feelings cannot easily give way to invec-
tive, even though he should have great rea-
son to exercise it, especially against one to
whom he had long extended his friendship ;
there are also some reasons of a more pecu-
liar nature that have been hinted at by an-
other writer, which may be supposed to have
had their weight : but as this is no very In- .
teresting part of my undertaking, t shall say
no more upon It.
Ko.6.
SIR.
When you were elected by the vote* of
the Directors of the Bank of Upper Canada
at Kingston, to the respectable and responsi-
ble office af President of that institution, yott
were considered honourable and honest, and
if not a man of much abiUty, yet you were
regarded as possessing sufficient vO guide
you in the correct discharge of your impor-
tant duties. With this impression you had
given you in charge, the keys of the vault§»
containing the treasure of your constituents,
and of the public, to prevent its being open-
ed without your knowledge and consent i
your authority to dispose of its funds, was
commensurate with that of the Cashier ; no
bill could be issued, no charges paid, nor a-
ny single matter of importance transacted,
without your privity and approbation, and
certified by your signature in writing. The
rules adopted by the Directors for the regu-
lation of the business of the Bank, and for
the safety of its funds, were confided to your
superintendance, in a morr especial manner
than to that of any other officer ; and it waa
your duty to report any infringement of any
one of them that might come to your know-
ledge.
It wa» alsoexpected of yon, that yoti would
from time to time, examine the money and
E
( 18)
o»her funds of the bsiitution. by which yoo
inight have it in your power» lo vouch tor
the correctr.ess of the statement wade up by
the othtr officers of the Bank, *nd which
was read by you from your seat, to the Vx-
r« ctors every discount day. It shall be my
business, in the course of thi» number to
shew by your own statement, how drficienl
vou were in the performance of those impor-
tant trusts, and leave it to the public to pro-
nounce, whether your conduct ivas not often
Umes '^infamous?' and whether you art not
OHf of those persons ''to Vfhose miscondiut
tlv failure of the Bank U attributable. 1
I should like however, to know m the fim
place, (if it were possible to come at the
truth of ih€ matter.) how il happened, that
you should, on your return from Montreal,
in Jun« 1822, be so suddenly sewed with a
desire of having a full and rntire it»vestiga-
tion of the affairs of the Bank t-this anxiety
was never so expressed by you before ;-.but
I should be particularly gratified to learn,
why you did not apply in the first instance i^
the direcctoiTi, for leave to prosecute thi«
investigation, instead of deferring your appli-
cation until you found yourself mipeded by
Mr. Bartlet? but as this is a part of your
conduct which I fear must remain involved
in mystery, (unless it is explained by the j>d
Charge brought against you by Mn Bartlet.)
I shall hazard no conjectures of my own
upon it, which rnay only seem to m»sleaa,
but procee-i to examine that part of it about
which there is no doubt. In the firt place
then, if your designs nvert honest, ivhy dia
you not, immediately on your ascertainmg
hat 71 notes nvere lying over not renewed,-^
that Mr. Bartlet and two of his friends haa o-
ver-draivn their accounts to the extent of
^1000, and that Mr. Dalton had run up hit
account to three times the sum he was aw
. thorized to draw, make these circumstancet
knoxun at the board of Directors.^ndrequxre
an investigation into the conduct of the Lasn-
icr>— Wh7, 1 ask you, did you not do this
immediately, instead of waiting several days.
and then sniiUion the circumstance to one or
two of the Directors, at their own houses m
the csurss ^ «;ouvcr*atiQn ?— Was it not a
breach of trust, waf it not infamtmt in yoo a*
president^ to withold this information r—
Wliyvalso» ^'f' y^" ^°^ *^*^* o// these circom-
stances that had excited your •* surprise and
disapprobation" to the Board in relation 80
Mr. Bartlett's proceedings, and m particular,
his tearing up the paper you had communi-
cated to him, (ofhcially I suppose,) and giv-
ing for answer to your messenger, that yott
were interfering with what was none of your
business >— Was it not your boundcn duty to
have submitted these maiters lo the Board,
and was it not infamous in you to withold
from them the knowledge you had, of the
improper conduct of one of their principal
Officers?— In the next place it appears fronj
your own statement, that Mr. Bartlet had
no objection to voin- going on with the inves-
tigation of the books, kc. provided you obtain*
ed the approbation of the Directors, (vide
h\% kttev to you. which you have published,
page 6 of your pamphlet, and also your own
admission, page 8.) Now Sir? if you concei,
vcd that this investigation was of importance-
(and certainly it was) and you were actua-
ted by honest motives in what you were doing,
why did you not apply to the Directors far
their authorittj P-^^nd was not your conduct
infamous in not doing so>— Do you think it
in the least probable that the President of a-
ny other Bank in the Provinces would have
proceeded thus ?--or if they should have ven-
tured on such proceedings, that they would
not have been dismissed from their trust
with indignation and scorn?— I now come ta
consider those charges which Mr. Bartlet
©referred against you, and which you do not
pretend to deny the truth of. (with the ex-
ception of the third, which for that reason I
shall not notice,) but with inconceivable ef-
frontery and folly, have pronounced to b«
** frivolous, foolish, childish, and ridiculous,
Kow let the public pass their opinion upon
them. The first is ** you having allowed the
board of Directors to suppose a note drawn
by Mr. Bartlet, and payable to you, ha4
been indorsed by yoin when, in point of fact,
it had not been so endorsed, by which
mean* that individual gota credit of 800^
wiih the Bank, and no other secunty than
his own f
lished rul
a particu
olate. 'I
lar deceit
cured a <i
individus
you disp(
Bank wit
Now let
fore it «
was first
dtnt» an(
least one
sident w;
oncerejt
whether
the Dire
plied wi!
the mor
himself ''
partial i
ttuspend
such gl
making
what N
been fot
I have I
the fact
the last
to requ
taining
Kiiigstc
da, a pi
but whi
of the fi
deavou
instanc
to prcv
hands <
let the
the foil
S 1
such cc
first pi
for yo
Armoi
money
OQ hi!
i~.-,„.-s^^
-^'■^i^^
lion f—
ise and
ation SO
ticular,
nnmuui-
ind giv«
hat you
of your
duty to
I Boartl»
withold
of the
ii'incipat
irs from
Llet had
le invea*
u obtain*
a, (vide
iblished,
our own
i concei,
lortancc*
e actua'
re doing,
:tora for
conduct
think It
lent of a*
luld have
lavcvcn-
;y would
leir trust
r come t»
'. Bartlei
ou do not
I the ex-
reason I
rivable ef-
ced to be
diculoua**
iiion upon
[lowed the
»tc drawn
you, had
int of fact,
by which,
iit of 800^
urity than
( 1» )
liic own noto of hand, ccnlravy to the ntab-
lished rules of the Bank, which yon were in
a particular manner bound to preserve invi-
olate. The second charge k " that by a sinii-
lar deceit practised on the Directors, you pro-
cured a credit to youraelffor jPl700,on youf
individual security/* And the Vast " That
you disposed of 1000/. of the funds of the
Bank without the authority of the Directors.
Now let the pulic reflect that every note be-
fore it was discounted, or i-ven considered,
was first examined and read by the Presi«
dent, and unless reported by him to ha\^ at
least one aubstantial endorser t (and the Pre-
sident was always regarded as such,) was at
once rejected ; & then answer the question,
whether H was not infamous in him.to allow
the Directors to believe this rule was com-
plied with.when 'n point of fact it was not ; cC
the more especially in a case where he wa»
himself interested ! And does not every im-
partial man think, that he outrht to have been
ftus/iended when found to have been guilty of
such glaring impropriety of conduct ?— In
waking these remarks I am not considenng
what Mr. Bartlett's motives might have
been for pr«^ferring these charges, with theni
1 have nothing to do, I am only speaking of
the fact. The next, and I am rejoiced to say
the last part of your pamphlet which appears
to require notice is that relating to your ob-
taining the sum of 8,000/. of the funds of the
Kingston Institution, from the Bank of Cana-
da, a proceeding not only infamous in Itself,
but which was the direct and fiositive cause
of the failure of the Association, Vou en-
deavour to account for your conduct in this
instance, by declaring, that your object was
to prevent this Urge sum falling into the
hands of "one of the conafiiratorar Now
let those who choose to reflect, consider
the following circumstances, and then an-
s whether they think it fioaaible^ that
such could have been your motives ; In the
first place would it not have been sufficient
for your purpose to have stated to Mr.
Armour, (from whom you received the
money,) your apprehensions, and put him
on his guard against deliveriog the m^'
ney tOflnt//Jrrso«, fiot authorited io tieceirt
it by all tht Dinrtofs ?— Ih the set^opKl place
If your intentions ttete honest, why did yon,
immediately on receiving the biits, put 1,00«.
ofthem m circulation on a securiiy payable
to yourself? In the third place, why did
you refuse on your return to Kingston, to
deposit the money you had surreptitiously ob^
tatued, in the vaults of the Bank, when re-
quired 80 to do by all the Directors ; of if
you considered them nnwo'thy of trult, why
flid you refuse to lodge them with the two
highly responsible persons that wefe named
to you, and in whose hands ytju vtere desired
to leave them? And lastly let it be Consi-
dered, how totally absurd the idea is, of youf
having obtained the money, to prevent its
falling into the hands of either Bartlett or
Dalton. who you have principally allwlcd to,
!isbnu^ the cong/iiratora. (Mr. Hagerman
you do not pretend was'one, because, during
these proceedings he was some hundreds erf
miles from Kingston.) If it had beeh the in-
tention of either of these persons to possess
themselves of any amount of the funds of the
bank, was it not in their power to procure
them without cravelling to Montreal at th*
rapid rate you speak of ? could they not havt
descended into the vaults at once, and takett
from thence without any particular fatigue,
20,000/. if so inclined? When these thmgs
are considered, I feel perfectly assured^ that
no rational man can believe for one moment,
that you had any other object in view, than
to procure the means of coercing the Direc*
tors into the adoption of such measures at
you might dictate ; and in attaining which,
I lament to say you were, in a great degree
successful.— I have but a few more words
to say, to prove in what manner this infat'
moui conduct had the effect ofcaxmng the failure
of the Bank, and then I sh*U have done with
you, and (I hope,) for ever. When you ar-
rived in Montreal, Mr. Armour had not heard
of your suspension, and therefore, upon your
application, he without hesitation put the
money into your hands, with which you left
his office, without stating one word of what
had transpired with respect toyott at Kings-
< A
% ^^.*
.-m-^**-?-
1^
(20 )
ton • shortly after, however, he was inform-
ed by aSer person of what had happened
wd the impropriety of having given you the
£ms was at^once seen ; you were ;'nqu^;<^^-^
ter but vou aad left town; and it \^ as now
discovered that yuu had put 1,000/. m clrcu-
£" hwas a't or ce believed that you m-
tended in the same way to dispose J* "je ^^
sX ; and it was in consequence determin-
ed bVthe Directors of the Bank of Cana^^^^^^^^^
refuse to redeem any more of the bills nt tue
Kingston Bank, al hough the i-tter nsU u-
Uon had actually at that time, a credu vn h
the former, for from 5.000 to 7.000/. And
thus the rum of the association was brought
aboutTand wiihit distress and misfortune, to
^anv an innocent and worthy man. From
to detail, can any one say that Mr. Jones
wis not authorized in stampmg your con-
duct as in/amous ? will any one one affirm
that Mr.Hagcrman was.oot just,fkd ;n say-
inrthat;ou...re one of tke persons io -^hosems-
Zd^tLpilure of the Bank -was «««*";«6/f '^
Adieu Mr. Whitney .-bad as you arc, the
^and that has traced these lines has often
t Altered in recording your depravity and
si heart of the man to whom tKat haiid bc^
SmS feM often throbbed with anguish, m rt
SSKiSSI y<H« buck ingraiitudf. your toiw
dened profligacy, your unprovoked slander .
The castigation I have found it my duty to
inflict upon you, may possibly have some good
effect, even with you ; it may bring you to a
sense of the enormity of your crime. In en-
deavouring from mere wantonness of malice,
to affix suspicion on a man you know and be^ \
lieve to be as guiltless of the crime you al-
lege against him, as is the infant unborn.—
Go Sir ! I cannot hope for a pubhc retrac-
tion, but let me recommend you m finvatc
at least, to supplicate mercy and forgivenea
from Him, who is ready to listen to the lan-
guage of repentance, and it it be any conso-
lation to you to know it, receive the assur-
ance that in the breast of the person, you
have most endeavoured to injure, there re-
mains no spark of resentment, nor desire to
do you harm ; and in conclusion, let me re- «
commend you to consult that book from (
whence I trust you will henceforth draw the ;
precepts necessary to guide you in your pur-
suits through life; you will find rtcof^t^, \
that h« only shall dwell in Heaven "that
leadeth an uncorrupt life, and doth th# tiling
which is right, and tpcaketh the trwih »om ;
his heart. He that iiath use^ no dccjit k
hit tonguf , (fndhalhmt ttandettd hii tieij'AMttr.
• i
• y
EifiresTOJV, Jul? «9*> issa.
yiNMX.
J • i
•(. I
i. 1 :n :'
• " 1
r hi ■ r. -'
i : I. . ^ .
# ' *»
iCi
• ',"* '•. *" ". T ■' ■ '•■,';•'■ 1 ' "> <
' •. .»
♦ > ■•
•V .
► •: ■
*»•* »
k
. 'f.
i* -r.--
» .
•:-'t
*. • I
.1 < •' 'H
'i u.
■4 ■■'
\ fc i . •* t^ •
H,C. 'l»o«^<'»^' ^'^'"*''*''^'
t)*j*,i™('^T?»^?3i>5**''
ed slander :
my duty to
e some good
ing you to a
ime, in en-
3s of malice,
now and be"
trc you al-
t unborn.—
iblic retrac-
lu in firivatc
d forgivenes
to the lan-
any conio-
i the Msur-
person, you '
e, there re-
lor desire to
, let me re- '
i book from
I'th draw the
in your par-
id rccoraed,
[eavea "Chat
oth th« thing
c truth flrom
no deceit k,
mx.
» ..
• I
■' ' . «
'^