Democratic Sentinel, Volume 4, Number 30, Rensselaer, Jasper County, 3 September 1880 — Mr. English’s Mortgages. [ARTICLE]
Mr. English’s Mortgages.
[From the New York Nation, Republican.} Mr. English seems, like many other men, to be in the habit of investing considerable sums on mortgage, which is usually considered a business transaction, the object of the mortgage l>eing to enable the creditor to get his money back in case the interest is not paid. But the esteemed Republican contemporaries seem to think that the mortgage is something which is drawn up cither for fun or to save the debtor’s dignity, and which no creditor fit to be Vice President would think of taking seriously. So when Mr. English treats his as real security, and enforces it, they denounce him as a humbug and hypocrite, and as “no poor man’s friend.” This is a sorry business for a paper like the Cincinnati Commercial to take up, and would be much better suited to Denis Kearney’s organ. When the editor takes a mortgage we wonder what he docs with it. [From the Rochester Union, Democratic.] Some of the Republican newspapers are making the charge against Mr. English, Democratic candidate for Vice President, who has for many years been a large banker and extensive business man of Indianapolis, that he has been compelled by foreclosure of mortgage
overdue to collect money owed ldm by persons to whom uo had loaned it. All individuals, firms, banking associations, savings banks, insurance companies, etc., that loan money on bond and mortgage and are obliged to go to the trouble and expense of collecting it when due and payment is refused by the debtor, will understand that in Republican newspaper estimation they are extortioners and robbers who deserve public execration, and that the Republican newspapers do not desire their presence in the R qmblicau party. This is what, the Republican newspapers mean if they mean anything by. this charge against Mr. En gljsh.
