s. I
hurried down to the office, where I received the same information
officially, by telegraph, with instructions to make proper
disposition of the affairs of the bank, and to come out to St.
Louis, with such assets as would be available there. I transferred
the funds belonging to all our correspondents, with lists of
outstanding checks, to one or other of our bankers, and with the
cash balance of the St. Louis house and their available assets
started for St. Louis. I may say with confidence that no man lost
a cent by either of the banking firms of Lucas, Turner & Co., of
San Francisco or New York; but, as usual, those who owed us were
not always as just. I reached St. Louis October 17th, and found
the partners engaged in liquidating the balances due depositors as
fast as collections could be forced; and, as the panic began to
subside, this process became quite rapid, and Mr. Lucas, by making
a loan in Philadelphia, was enabled to close out all accounts
without having made any serious sacrifices, Of course, no person
ever lost a cent by him: he has recently died, leaving an estate of
eight million dollars. During his lifetime, I had opportunities to
know him well, and take much pleasure in bearing testimony to his
great worth and personal kindness. On the failure of his bank, he
assumed personally all the liabilities, released his partners of
all responsibility, and offered to assist me to engage in business,
which he supposed was due to me because I had resigned my army
commission. I remained in St. Louis till the 17th of December,
1857, assisting in collecting for the bank, and in controlling all
matters which came from the New York and San Francisco branches.
B. R. Nisbet was still in San Francisco, but had married a Miss
Thornton, and was coming home. There still remained in California
a good deal of real estate, and notes, valued at about two hundred
thousand dollars in the aggregate; so that, at Mr. Lucas's request,
I agreed to go out again, to bring matters, if possible, nearer a
final settlement. I accordingly left St. Louis, reached Lancaster,
where my family was, on the 10th, staid there till after Christmas,
and then went to New York, where I remained till January 5th, when
I embarked on the steamer Moles Taylor (Captain McGowan) for
Aspinwall; caught the Golden Gate (Captain Whiting) at Panama,
January 15, 1858; and reached San Francisco on the 28th of January.
I found that Nisbet and wife had gon