17745. Seneca County Bank (Tiffin, OH)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
state
Start Date
June 26, 1857
Location
Tiffin, Ohio (41.114, -83.178)

Metadata

Model
gpt-5-mini
Short Digest
a8818745

Response Measures

Public signal of financial health, Full suspension

Other: Receiver appointed; bank put into liquidation/receivership and notes called in.

Description

Newspaper articles report a large run on the bank in June–July 1857 with specie payment at times refused but the bank did not then suspend. Later (Sept 14, 1858) a receiver is appointed and notices call holders to present notes to the Receiver in Columbus—indicating suspension and receivership (permanent closure). No evidence of a later reopening.

Events (4)
1. June 26, 1857 Run
Cause
Bank Specific Adverse Info
Cause Details
Resignation of Mr. Gibson and reports about bonds deposited with State Treasurer being missing; public distrust led to heavy withdrawals and temporary refusal of specie payment.
Measures
Specie payment was at times refused temporarily; bank continued business (did not formally suspend at that time).
Newspaper Excerpt
the panic caused by Mr. Gibson's resignation ... created a distrust among bill holders and hence the great run upon the bank, which has caused a temporary embarrassment.
Source
newspapers
2. July 3, 1857 Other
Newspaper Excerpt
The Bank has never suspended its business, although, for a time, specie payment was refused. In a few days, we doubt not, the money will be as current as ever.
Source
newspapers
3. September 14, 1858 Receivership
Newspaper Excerpt
The Receiver of the Seneca County Bank, Mr. Claypoole... called upon to present the same to the Receiver at Columbus... JAS. T. CLAYPOOLE, Receiver.
Source
newspapers
4. September 14, 1858 Suspension
Cause
Government Action
Cause Details
A receiver (Jas. T. Claypoole) was appointed and the bank's notes were called in; public notice of receiver indicates formal suspension/closing under state action.
Newspaper Excerpt
ALL PERSONS HOLDING NOTES OF CIRCULATION of the Seneca County Bank at Tiffin, are hereby called upon to present the same to the Receiver at Columbus, who will receipt for them...
Source
newspapers

Newspaper Articles (12)
1. June 26, 1857 The Tiffin Tribune Tiffin, OH
Article from The Tiffin Tribune, June 26, 1857

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Seneca County Bank. Much excitement has been created in this county, and in fact throughout the whole State, in consequence of the reported failure of this Bank, which has hitherto enjoyed the confidence of all, both at home and abroad. The panic caused by Mr. Gibson's resignation and the hypothesis, that the bank was somehow or other connected with the State Treasury, created a distrust among bill holders and hence the great run upon the bank, which has caused a temporary embarrassment. This excitement was intensified by the report that the bonds deposited with the Treasurer of State were missing and could not be found. It appears, however, that $77,520 of these bonds are in the State Treasury, and that the remaining $132,138.14 were sent by Mr. Gibson to New York, to be exchanged for other bonds. Even in case the bonds should be lost' it is believed by the best jurists that the State would still be responsible for the redemption of the bills. Nearly all our merchants and business men here are taking Seneca County money at par, and consider themselves perfectly safe in doing 80. Mr. Gibson, we understand, has gone to New York to arrange matters there, and free the bank from embarrassment. It is to be hoped that, in a few days, these clouds will all blow over and that business will resume its wonted status.

2. June 30, 1857 Meigs County Telegraph Pomeroy, OH
Article from Meigs County Telegraph, June 30, 1857

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SENECA COUNTY BANK.-The Columbus Gazette says, "A report reached this city yesterday afternoon, that a great run had been made upon the Seneca County Bank, located in Tiffin, and that in consequence of the pressure, it had failed to redeem its notes. In a statement of the condition of the Independent Banks, made by Col. Stone, the State Treasurer, we find the following reference to this Bank: "Bonds deposited, $205,648 14; Bonds of 1856, not entered on books, $4,000 00; making $209,648 14; Circulation, $209,434 00; Excess of Bonds over circulation, $214 14. I find the Bonds of all the Banks to be in the Treasury, save the Seneca County Bank. There are in my possession $77,520 of these bonds. The balance-$132,138 14, being bonds of 1856 and 1860, are said by the Inte treasurer to be in New York, to be exchanged for other bonds, to be returned to this office." The solvency of the notes of this institution depends upon the correctness of Gibson's statement.

3. July 3, 1857 The Tiffin Tribune Tiffin, OH
Article from The Tiffin Tribune, July 3, 1857

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All Right Again. In order to quiet all fears, that may exist in the minds of the people, with regard to the Seneca County Bank, we will state, that a telegraphic despatch was received here, on Tuesdav, from Columbus, stating that the $100,000 of Bonds' sent to New ork and held by Messrs. Atwood & Co., have been returned to the possession of the State. $177,000 of the Bonds are therefore safe, and Mr. C.L. Johnson has taken $32,000 of the Bank's circulation and deposited it with the State Treasurer, as a pledge for the safe return of the remaining $32,000 Bonds, held by Thompson & Co., of New York. There is now in the possession of the Treasurer, Bonds enough to cover every dollar of the Bank's circulation; and we see no reason, why the bill holders should sacrifice a SINGLE CENT. The Bank has never suspended its business, although, for a time, specie payment was refused. In a few days, we doubt not, the money will be as eurrent as ever.

4. August 28, 1857 The Tiffin Tribune Tiffin, OH
Article from The Tiffin Tribune, August 28, 1857

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For the Tiffin Tribune. MR. McKeE:-Although I was, for a time, President of the Seneca County Bank, as stated by your correspondent "C. Li. J.," in the TRIBUNE of last week; yet I never was a Director, nor the Attorney of that Institution excepting when especially retained, as such, in two or three cases pending in Court. The records of the Bank will show who then were its Directors and Bank Attorney. The duties of President were merely executive; and unless one of the Directors, he had no voice in the management of its financial affairs, which were placed, by law, exclusively under the control of the Directors, acting under oath. I was then deeply engaged in my profession, and spent little time in the Bank, and had no knowledge of the debts referred to by your correspondent until after they were made Although the Bank was, for some weeks during the time alluded to, subjected to quite a RUN, yet it never failed to redeem its bills promptly, in coin, whenever demanded. The remaining portion of the communication of "C. L. J.," both as to matter and taste, be. speaks its own best answer; and will, no doubt, be properly appreciated by the public. A. RAWSON.

5. October 9, 1857 Vermont Watchman and State Journal Montpelier, VT
Article from Vermont Watchman and State Journal, October 9, 1857

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LIST OF SUSPENDED BANKS TO SEPT. 25TH. Meusam River Bank, Sanford, Maine. Canton Bank, South China, Maine. Ellsworth Bank, Maine. Exchange Bank, Bangor, Maine. Sanford Bank, Sanford, Maine. Exter Bank, New Hampshire. Danby Bank, Vermont. South Royalton Bank, Vermont. Bank of the Republic, Providence, R. I. Bank of South County, Wakefield, R. I. Farmers' Bank, Wickford, R. 1. Mount Vernon Bank, Providence, R. I. Tiverton Bank, Fall River, R. I. Warwick Bank, Warwick, R. I. Merchants' Exchange Bank, Bridgeport, Ct. Colchester Bank, Conn. Bank of Orleans, Albion, New York. Hollister Bank, Buffalo, New York. Niagara River Bank, Tonawanda, N. Y. Oliver Lee & Co.'s Bank, Buffalo, N. Y. Ontario County Bank, Phelps, N.Y. Ontario Bank, Utica, N. Y. Reciprocity Bank, Buffalo, N. Y. Sackett's Harbor Bank, Buffalo, N. Y. American Bank, Trenton, N. J. Bank of New Jersey, New Brunswick, N.J. Bergen County Bank, Hackensack, N. J. Bank of Kanawha, Virginia. Trans-Allegany Bank, Virginia. Bank of Commerce, Georgetown, D. C. Canal Bank, Cleveland, Ohio. City Bank, Cincinnati, Ohio, Seneca County Bank, Tiffin, Ohio. Miami Vally Bank, Dayton, Ohio. Clinton Bank, Columbus, Ohio. Columbus City Bank, Columbus, Ohio. Union Bank, Sandusky, Ohio. Agricultural Bank, Brownsville, Tenn. Bank of West Tennessee. Bank of the Capitol, Indianapolis, Ia. Central Bank, Indianapolis, la. Bank of Elgin, Elgin, Illinois. Rock River Bank, Beloit, Wisconsin. Pennsylvania Bank, Philadelphia. Girard Bank, Phiadelphia. Bank of Canandaiagua, Canandaigua. Western Bank, Lockport, N.Y. Commercial Bank, Philadelphia. Six Penny Savings Bank, Rochester, N. Y. Albany Eve. Journal.

6. February 4, 1858 M'arthur Democrat McArthur, OH
Article from M'arthur Democrat, February 4, 1858

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Depreciated Currency. We take the following from the Cleveland Plain Dealer. Most of the currency in circulation in this city is notes on the following suspended banks: Canal Bank, Cleveland. Seneca County Bank, Tiffin. Union Bank, Sandusky. Sandusky City Bank, Sandusky, Dayton Bank, Dayton. Miami Valley Bank, Dayton, Clinton Bank, Columbus. The Canal Bank failed years agothe time allowed for closing up its affairs has expired-the stocks pledged for the redemption of its bills have been sold, and the State has the proceeds, but refuses to redeem its notes in anything but currency. What we say of the Canal will apply to most of the other banks named above. Their bills are being bought up from two to twenty-five per cent. discount in Cincinnati and throughout the West, sent here and exchanged for notes of the specie-paying banks of Ohio, Indiana and Kentucky. It is very profitable business for the brokers and banks engaged in it, and will soon bring to this city nearly all the bills these suspended banks have out, and take from us what few notes we now have of specie-paying banks. If we have a check on one of the Cleveland banks for $2,000, probably $1,800, and possibly the whole of it, will be paid us in suspended banknotes-$1,000 of which is only worth in Cincinnati, and at most other points, $970 in gold, or $980 in notes of Ohio, Indiana or Kentucky specie-paying banks. If we object to being paid such stuff, we are told "it is taken by all the banks in this city, and is bankable funds. Our bank financiers may be. pursuing the right course, but we differ from them. We say, throw out the notes of all non-specie paying banks. The State authorities should at once dispose of, for coin, the securities held for the redemption of the notes of the above named banks, and redeem their notes in coin, which will cause them to be sent in rapidly. It is our impression the auditor of State had no legal right to sell the bonds of the Canal Bank for anything but coin, and that he is under obligations to redeem its notes promptly in coin whenever they are presented for redemption, and after they are redeemed, they would not be put in circulation again. The charter of the Clinton Bank of Columbus has expired, and it is time its bills were taken пр. We think there are no securities pledged for their redemption.

7. February 20, 1858 The New York Herald New York, NY
Article from The New York Herald, February 20, 1858

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FINANCIAL AND COMMERCIAL. AHNON FRIDAY, Feb. There was renewed buoyancy in the stock market this morning, with increased activity among operators. The tendency was upward throughout. At the first board Michigan State 6's advanced 1 per cent, Missouri 6's 1. California 7's 1. Illinois Central P"H pus Delaware it Company Created 18 'spuoq son, #: New York Central Railroad, 1; Erie, 1; Hudson River Railroad, 11; Harlem, 4; La Crosse and Milwankie, 1; Reading, 1; Michigan Central, 21; Michigan Southern preferred, 1; Panama, 1; Galena and Chicago, 1; Chicago and Rock Island, 1. La Crosse land grant bonds fell off 1 per cent; Cleveland and Toledo, 4. Cusiberland opened and closed without material alteration in prices, with moderate sales. Hudson River Railroad was active this morning, and advanced to 281 per cent, cash. There is no speculative movement that we can -de #1 and se stoold sith u! pears to be quietly but steadily advancing Chicago and Rock Island opened at an improvement and closed firm at our quotations. Galena and Chicago has for some days advanced rapidly, and seve ral large holders have realized. The market does not seem to be unfavorably affected by the supply. These prices must bring out a great deal of stock from parties desirons of going into lower priced securities, which as yet have not moved much. In this way one after another stock is taken up and carried forward in turn. At the second board the market for some stocks was lower, but an active business not realized. Canton Company advanced 1 per cent; Michigan Central Railroad, 1; Cleveland and Pittsburg, 21. New York Central Railroad declined I per cent; Harlem preferred, 1; Reading, 1; Chicago and Rock Island, 4; Michigan Southern, old, 1 Panama. #; Galena and Chicago, 1; La Crosse and Milwaukie, 1. Most of the transactions at the board this afternoon were for cash, which looks very much as though money holders were securing their profits. If this movement should be carried to any extent the market have to wait for new buyers before another upward eourse of prices would be realized. great abundance of money is the basis of confidence among speculators, and until there are evidences of a demand for the legitimate purposes of trade the upward movement in stocks is not likely to be anything more than temporarily checked. After a rapid rise reactions are natural, and will frequently occur; but they will only give better opportunities for the most sanguine operators to come in upon more favorable terms, and help to give greater impetus to the market. Money is now almost a drug, and the banks anticipate greater difficulty in loaning their surplus upon favorable terms. The Assistant Treasurer reports to-day as follows:Total receipts Total payments Total balance 22 The receipts to day include $26,000 from customs. The operations at the Cleaning House to-day were -:SMONOJ se 96 seFawyoxe [10] Total balances 91 701696 The Finance Committee of Milwaukie, to whom was referred the subject, in view of the fact that city IIIM 1859' u! penssi '009' $21 JO ;unours em 01 spuoq the uo 000' also "xext March JO 1818 eq: uo 1st of May next, recommend in their report the issue of $35,000 new bonds. for the purpose of redeeming the above bonds, providing, however, the new bonds shall not be sold at a less price than 75 cents on the dollar. The Albany Argus of this morning says in relation to the Country Banks' Convention, now being held in that city:The object of the gathering was to consult in relation to pue notes yureq Enunoo Jo поддшерад em whether it is advisable to establish a Clearing House for SUM a repsed SEM eommittee V "HYUBQ on you pip 9.M inq us permissioner STOM action JO crejd due require The Cleveland Herald of the 17th inst. states that pre- the uo 18 received SEM the vious day that the fund in the State Treasury, in tended for the redemption of Canal Bank notes, had been exhausted: consequently, for all notes of that bank now afloat there is no provision in the treasury. The Cleveland banks on the 17th threw out the notes of that bank; and also the notes of the Union Bank, Sandusky; City Bank, Columbus, and Seneca County Bank, Tiffin. The exports and imports of the port of New Haven, Conn., for the year ending June 30, 1857, were as Imports. Exports. 188'81$ 208 169$ Domestic, free 908'F efquine Total 319'10'$ The total value of the exports of Connecticut for the year was $1 .095 402: of imports, $1,116,801. The New Orleans Picayune of the 10th instant contains the following in relation to the Southern Pacific Railroad:We have already mentioned the assurances received our 10 uoness twenty 1830 eur 18q1 morj Southern Pacific Railroad would certainly be completed in Toxas em jo computed eq1 que Ajduco 01 awn mg charter. That time expires on the 16th instant, Tuesday of next week We have now the great gra ification of Sujuunj CARTH ey: pus 'edop 81 MOM em 1841 20 amounts over the whole line of the section. Official intelligence has been received to this effect by the officers of the com pany here. The condition which this work complies with Feb ) banker am 30 dogoes 9761 em III panoj HI 16, 1852), which enacts that 'If said railway shall not be small jo observed em mo.j years DATE разнешшое act, and at least twenty miles thereof are not completed within SIX years, this charter shall be null and void. 01 ann on: pure security JO sun Besides eq: unnum 140.00 sith 81] pus charger and us; 18MA jo creect Agee go eq: jo shares pust am 88 enterprise sign 04 commond State, whenever twenty five miles of the road shall have been completed and put in running order. the company becomes entitled to sixteen sections of land per mile, or jo . 01 puw eAg em 103 $9208 000 99% ,000 mile out of the school moneys of the State. The in Supper JOJ donised 200.00 us phorefore 'St company arrangements for the future. The road has surmounted 811 THA sejety 81 pue puoses pue 18.11 our use Aven pus puwj pus signi chanter aming BW III woddens pus againd JOJ movements. The annexed statement exhibits the value of foreign dry goods imported at this port during the week, and since Jan 1, in each of the past three -: fears MOVEMENTS IN FOREIGN DRY Goods. 1858 1857 1859 For the week Entered at the port $2,464,390 2,194,173 1,299,126 Thrown on market 2,627,352 2,253,916 1,893,536 Since Jan Entered at the port $16,237,213 20,627,596 7,216,116 Thrown on market 16,555,048 20,940,361 9,309,276 The dry goods trade the present week has made but little advance on the current business of last week, and we do not expect any decided movement until about the first week in March. After unusually mild winter weather the cold the present week has been the most severe of the season, which, at the West and in other places, has interrupted

8. September 24, 1858 The Tiffin Tribune Tiffin, OH
Article from The Tiffin Tribune, September 24, 1858

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Soneca County Bank. COLUMBUS, Sept. 14, 1858. LL PERSONS HOLDING NOTES OF CIRCULA. A tion of the Seneca County Bank at Titfin, are hereby called upon to present the same to the Receiver at Columbus, who will receipt for them, and said receipt will bearinterest from the date thereof. The public are cautioned against any sacrifice on said notes, JAS, T. CLAYPOOLE, d3aa Receiver.

9. October 1, 1858 The Tiffin Tribune Tiffin, OH
Article from The Tiffin Tribune, October 1, 1858

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Auction Sale. The undersigner willoffer at anotion sale October 9, at one o'clock, @ first rate year and half old coalts and also 2 bull ealve 10 months old. Credit will be given with note and good security. JOHN KELLER. sep., 94.9 W. Soneca County Bank. COLUMBUS, Sept. 14, 1858. LL PERSONS HOLDING NOTES OF CIRCULAA tion of the Seneea County Bank at Titlin, are hereby called upon to present the same to the Receiver at Columbr.s, who will receipt for them, and said receipt will bearinterest from the date thereof. The public are cautioned against any sacrifice on said notes, JAS. T. CLAYPOOLE. Receiver. 63m

10. November 12, 1858 The Tiffin Tribune Tiffin, OH
Article from The Tiffin Tribune, November 12, 1858

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Seneca County Bank. COLUMBUS, Sept. 14, 1858. LL PERSONS HOLDING NOTES OF CIRCULA A tion of the Seneca County Bank at Tiffin, are hereby called upon to present the same to the Receiver at Columbus, who willreceipt for them, and said receipt will bearin* terest from the date thereot. The public are cautioned against any sacrifice on said notes. JAS. T. CLAYPOOLE, Receiver. sep24-3m

11. January 14, 1859 The Tiffin Tribune Tiffin, OH
Article from The Tiffin Tribune, January 14, 1859

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Scaeca County Bank---Mr. Claypoole's Statement. We cheerfully give place to the following communication of Hon, C. K. Watson, published in the SANDUSKY REGISTER of Monday, in reply to some of the alleged misstatements of Receiver Claypoole, with regard to the over-issue of Seneca County Bank notes: MESSRS. EDITORS:-The report of the Receiver of the Sencea County Bank, Mr. Claypoole, contains some statements at variance with facts, and it seems proper that I should state what came under my own observation as to one of Mr. C.'s statements. It might not be proper but for the fact that the report is reckless of the reputation of those with whom it deals. The statement in question is as follows: "These operations appear to have succeeded 80 well, that on the 15th of April, 1857, within ten days of the time when the Bank was closed, it was repented, and $34,657 notes for circulation obtained from Treasurer Gibson, for which no receipt was given, or bonds deposited, no credit given on the books of the Bank, and no charge made on the Treasury books; and their issue only became known after Mr. Gib. son's resignation, from the accidental discovery of aloose memorandum in the Treasury office.They were returned July 28, 1857, and then, for the first time, appear on the books of the Bank.' As the Receiver is, or assumes by his report to be, a historian, he should have known more about the over-issue of which he speaks. The facts as to this item are these: Soon after Mr. Gibson' resignation, Mr. Johnson called on me for legal advice. He said he had thirty four thousand dollars of the circulating notes of the Sencea County Bank in his possession for which no set tlement, or entries on the books of the Bank, had been made: that he had received them from the Treasurer of State to prepare for circulation, and not for use until securities should be procured and properly deposited under the law. Mr. John son informed me that the understanding was, that Mr. Gibson would purchase the securities and draw for the amount upon the Bank; but no draft had come, and he supposed no such purchase had been made. He further said that he was bound by his agreement to return that amount of bills to the Treasury, and as Mr. Gibson had resigned, and the Bank had gone into liquidation, nothing further could be done in the matter, and the notes should be returned unless the aosit had been completed by Mr. Gibson at the proper time. He wanted for that reason to know what the legal effect would be of burning in the pres ence of reputable witnesses, and some one of the State officers, that amount, and let the inatter rest. This was, as he stated, to avoid adding anything to the public excitement prevailing at the time. This matter was the subject of several consultations, and I finally went to Columbus to see to it. I was informed on my arrival there that the State officers had no knowledge of the transaction, and that the engraver's account, with the books and papers in the office, showed a va riation of less than five hundred dollars between the securities on deposit, and the circulation of the Bank. Under the circumstances, I thought it best to await the arrival of Mr. Johnson, who was telegraphed, before holding an interview with any one connected with the Treasury. On Mr. Johnson's arrival, he was called before the Grand Jury, and after his examination there, explained the matter in my presence to Mr. Stone and others in the State offices. There certainly was no claim, at the time, in my presence, that the facts had been learned from any "loose mem orandum," or from any other source than Mr Johnson himself. The questions mainly talked of with those gentlemen were the proper eourse of the Treasurer under the eircumstances, and the relation of the State to the bill-holders. Itis proper to add that Mr. J. at all times expressed to me a determination to correct any error there might be in the transaction. It may not be improper to call attention to an. other item which the Receiver introduces under the head of "Books closed and stock paid back." It is as follows:FEBRUARY 2, 1857, (from the minutes of the Bank.)-Stockholders met pursuant to adjourn ment, and, on notice, unanimously RESOLVED, That the Bank go into liquidation in April next, and the Cashier be requested to close the books and settle with stockholders. L. BALTZELL, President. (Signed) "In accordance with the above resolution, April 25, 1857, the Bank, IN ONE DAY, closed its business and books, by paying off its stockhold ers the respective amounts of their stock, and transferring the indebtedness and the assets of the Bank t,a new Bank, ostensibly organized under the law of 1851, but which, I believe, has not been formally or legally recognized." I would ask Mr. C. if he has looked at the Ohio State Reports, vol. 5, page 171? If he has not, I would recommend him to do so. I think he would find reasons honorablear prudent for the resolution of February 2d, 1857, and the subsequent close of books and settlement with the stockholders by the Bank. It would be well for him in his further researches to look into the offices of the Executive Department. If he does BO he will find, unless some omission has occurred, & full recognition of the NEW ORGANIZATION OF THE BANK. At least, if he will call upon the Bank itself, he will find a certificate, bearing the seal of the State, with the proper signatures, conferring upon that organization banking powers under the act he refers to. C. K. WATSON. January 7th, 1859.

12. September 21, 1860 Fremont Journal Fremont, OH
Article from Fremont Journal, September 21, 1860

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WARREN P. NOBLE. An Item For Voters! WHAT THE OHIO STATESMAN SAID!! Some two or three weeks since, the editor of the Wyandot Pioneer published extracts from the Report on the Treasury Defalcation. Mr. Noble wrote the editor of the Pioneer a letter, denying that he had any connection with it whatever, which letter was published in the Pioneer, and also in the Messenger of this town. This Report was made by Morgan, Edgerton and Reemelin, three democrats, and as they are of the same political faith as Mr. Noble, it cannot be said that the Republicans are chargeable with it. It is currently reported, that Mr. Noble, during the campaign last fall, carried this report about with him, and used it as authority to show that the Republicans were chargeable with the defalcation. Now, when the editor of the Pioneer makes use of it, Mr. Noble commences a suit against him for libel. Theextracts alluded to are as follows: "A Mr. Noble, former representative in the general assembly becomes the trustee of the old bank. The same person also becomes trustee of the bank when it goes into liquidation; and the same person is the trustee for Johnson in private dealings connected with matters having a remote bearing on matter connected with the Seneca County Bank, and we have no doubt he is the person whose testimony might explain many now hidden transaction. * * "The present receiver of the Seneca County Bank is doing his duty nobly and fully in ferreting out the assets of this corporation, and we hope and trust that he will succeed in compelling Mr. Noble, and all having assets, to disgorge, and that he will bring all the stockholders to a strict liability for outstanding indebtedness, including the over issue." When the Treasury Defalcation Report was published, Mr. Noble wrote a letter to the Ohio Statesman, the Democratic paper of Columbus, in which he says he had nothing to do with the matter. The editor of the Statesman had read the sworn testimony of Lewis Baltzell, and Harrison Noble (brother of W. P. Noble) and he could not believe that everything was fair and candid on the part of W. P. Noble. The editor of the Statesman, in publishing the letter made the following editorial remarks: From the Daily Statesman, March 20, 1859. The Treasury Report. We have this morning inserted in our paper a communication from W. P. Noble, Esq., of Tiffin, in which that gentleman denies all that the Commissioners say about him in their report, in a very decided manner. Below will be found the extracts from the testimony of Lewis Baltzell and Harrison Noble, both of Tiffin, taken before the investigating commissioners. When read in connection with Mr. Noble's statement, it will be apparent to all that if these sworn statements be true, Mr. Noble's denials will hardly be conclusive. Mr. Baltzell seems to have no doubt but there are assets enough in the hands of Mr. Noble to pay off all the stockholders of the Seneca County Bank, although Mr. Noble would, by his statements, have the public to believe that he never had anything to do with that institution." Daily Ohio Statesman April 8, 1859. Warren P. Noble, Esq. "The following communication from Mr. Noble, of Seneca county, was received by us some days since. The press of other matter on hand has prevented its insertion earlier. If Mr. Noble will refer to an extract we made on a former occasion from the depositions of Lewis Baltzell, Esq., he will observe that that gentleman swears that he had "good reason to believe that there are assets sufficient in the hands of Mr. Noble to pay" the stockholders of the Seneca County Bank. Mr. Noble knows whether this statement is true or false. If true (and he has not denied it) what those assets are, is sufficiently known to him without specification of their character from the Committee or any other person. The present letter from Mr. Noble we do not regard as satisfactory. Is it true that he has assets in his hands? if so, how did he get them? what is the amount of them? and in what do they consist? Although Mr. Noble may not be technically a trustee, it is apparent from his own letter that he has assets in his hands, in some capacity, either belonging to 'the Bank,' or to the individual stockholders." By publishing the above we do not say that Mr. Noble was concerned in the defalcation of nearly a million of dollars the money of the tax-payers of Ohio. The report of the Investigating Committee is given. Mr. N. denies. The Statesman in publishing that denial says: "Mr. Noble's denials will hardly be deemed conclusive." Voters of Sandusky county you should carefully weigh this matter before giving your vote for Congressman. MR. NOBLE IS the opponent of JOHN CAREY, against whom not a shadow of wrong doing can be intimated. JOHN CAREY has been well known throughout this district for 30 years and more. He is a farmer, and eminently qualified to represent you in the next Congress, where he has so faithfully represented you during the past session. Consider well, then, before you vote. Will you sustain