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The Democrat's Attack on Mr. Woods. the Of late years most candidates OR well self-styled democratic tickets might for exclaim, save us from such friends," most the knowing editor hits some of them of last decided blows. Thus in his article where a foolish attempt is made of the to week, Mr. Woods with the failure of its Lewistown conneet Bank, Mr. Turner, one for candidates, who was a director have OWD prior to its failure, must of little uneasy on some We had not a was any one silly enough to as there those some felt a years queries. reading supposed make but reference to that defunct concern, on the editor of the Democrat wants light him the subject, we will proceed to give some. An election for directors of the LewisBank was held some weeks previous Jas to town the failure, and E. E. Locke, Hou. Burns, W. W. Wilson, of Juniata county, Hale, Col. John McDowell, Hon. Jas. T. others Francis McClure, S.S. Woods and old were elected to fill the places of the board, and this we learn was done without the knowledge of S.S. Woods. Previous time he had never been connected with that institution. was organized, was the in to that any board way (which When not it more than two weeks before the failure,) desired by the new members (of whom was the youngest) to of the bank. On the was Mr. situation Woods investiga- ascertain circution it was found that the bona fide but lation of the bank was very small, in that there was a very large amount Philadelphia, which had been pledged by the agent of the bank at the rate of from $2 to $4 for every dollar of the debt owed. It was at once seen that if this enormous amount of pledged paper was thrown into circulation the bank could pay nothing, and the directors agreed to try lift this pledged paper, and a commitof E. E. and tee consisting Locke, appointed Wm for B. Norris, and S. S. Woods was that purpose. At this time there was very little money in the bank, and the the committee, received none of it, while assets, with butsmall exceptions, werein the paper of a few individuals. The committee went to Philadelphia and had made a partial arrangement to lift this pledged pawhen word was brought that nearly all per, the principal debtors had failed, which stopped the arrangement. Had it not been for this, the pledged notes would have been lifted and the entire circulation probably redeemed. This was all the connection Mr. Woods ever had with the Lewistown Bank. As to the insinuation that be or any one transferred assets fraudulently to A. C. Wilson, it is utterly untrue, for Mr. Wilson, who is well known among us, lost from $7,000 to $10,000 that by its failure. Neither before nor since time has Mr. Woods directly or indirectly had anything to do with the said bank, but it. as counsel has always been adverse to to Mr. Woods never as the bank was utterly any, As liability, insolvent incurred when he was elected a director. The idea that an act was passed releasing Mr. Woods from liability, if he had incurred any, is simply ridiculous, as constitution of the United States, as as of this State, an ex law. The only parties were the well facto forbids who post liable-at least believed to be so-assigned their property to other parties and undera suit long on the list but never tried, escaped. Who those parties were, the Demoerat can ascertain by applying to James Turner, its candidate for Associate Judge, or several other members of the 80-called demoeratic party. As to the quarrel with his partners, the dispute with one of them was referred to a Master in Chancery, G. W. Sanders, Esq., of Union county, who made a report fixing the account substantially as Mr. Woods has it. The two partners sold out by the Sheriff were certainly not sold out for firm debts, as Mr. Woods would also be liable. The charge that he circulated the Laneaster Bank notes knowing them to be worthless, is a base libel which it would serve the editor of that paper right if he was indicted. If any notes were endersed by the firm of Woods, McFarlane & Co., as stated by their the Demoerat, those notes are good for the amount