Business; Capitalists and financiers -- United States; Speculation; Wall Street (New York, N.Y.)
to provide for these bonds at some future time, they would be
worthy to be framed and hung up in our parlors as a complete and
fine work of art.
Judge Lochrane, former Chief-Justice of the State of Georgia,
has wired me that he will appear before you on Wednesday;
Colonel R. A. Crawford, of Georgia, will also do so; Messrs.
Abbott Brothers, of this city, and others will appear before
you.
You will please append this communication as a part of the
testimony, and should you desire more on the subject, call upon
me therefor.
I have the honor to remain,
Your obedient servant,
HENRY CLEWS.
* * * * *
EDWARD BRANDON, ESQ., _Chairman of the Committee on the
Admission of Securities to the N. Y. Stock Exchange_:
DEAR SIR:—It is currently reported that the State of Georgia is
about to apply to your Committee to list a new issue of bonds.
In behalf of myself and others who have suffered most seriously
by that State’s unwarrantable repudiation of bonds, which have
as full a right to an equal standing as representing the credit
of the State of Georgia as possessed by the new bonds to be
issued, and fully realizing that the cruel fate of the former
merely represents what may be that of the latter, I claim the
right, as a member of the New York Stock Exchange, as a sufferer
to the extent of several millions of dollars by the State of
Georgia’s bad faith, to protest against the admission of any new
securities hereafter to be issued by that State until her
repudiated bonds are recognized and provided for.
Yours very truly,
HENRY CLEWS.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account