OHIO STATEWIDE FILES - Lindsay/Stipp Debate #1 
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July 21, 1999
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The following clippings re the Lindsay/Stipp debate were culled from the Ind.
newpapers by Katherine Mandusic McDonell, Editor of "The Journals of William
A. Lindsay" published 1989 by Indianapolis, Indiana Historical Society. They
were forwarded to the submitter, Helen Graham Silvey, who is a great
granddaughter of William Lindsay, M.D.
August, 1998
_________________________________________________________________ ___
The Indiana Journal 21 April 1838

COUNTERFEITERS DETECTED

     Wm. Lindsay & Co., apothecaries of Indianapolis, have been detected
imposing upon the public a base counterfeit of the "GARDENER'S LINAMENT." The
external appearance of their preparation is even cxalculated to deceive, 
being a fac simile to the genuine. The only mode of detecting the counterfeit
is the want of the signature of James C. Glascoe, of the firm of Glascoe and 
Harrison, written on the wrapper, and a stamp of the Lion and Mortar on the 
seal of the bottle.

     The Genueine Gardner's Linament is prepared only by the subscribers, as
the following certificate will show.

     Note-I hereby certify that I have sold to Glascoe & Harrison the only
Genuine Recipe for manufacturing "GARDNER'S CELEBRATED VEGETABLE LINATMENT,"
(as prepared by my husband Jas. Gardner, who is now deceased,) and I also
certify that none else have any knowledge of the recipe but them. They,
therefore, are the only constituted and authorized proprietors.

MARY GARDNER

............................
_________________________________________________________________ ___
The Indiana Journal, (weekly), 12 May, 1838
INDIANAPOLIS, 7th May, 1838
TO THE PUBLIC, AND MORE ESPECIALLY TO THE CREDITORS OF THE LATE FIRM OF W.
LINDSAY & CO.

     It would be uesless longer to conceal the truth of the matter that I am
unable at the present time to pay the debts against the late firm of W.
Lindsay & Co. which I frankly acknowled I agreed to do on purchasing out the
interest of Dr. G. W. Stipp, my late partner, a few days ago. From the time
my writ of injunction was laid on my late partner on the 12th April, until
sustained by the court on the 2d day of the present term, he has shown by his
acts, as well as public declarations, that he intended to do everything in
his power against the concern and to hasten my entire ruin.

     On purchasing him out I had a hope that if creditors would be indulgent I
should be able to continue the business; and so soon as an invoice should be
taken, then in a state of progress, it was my intention to have addressed a
circular to the creditors of the late concern, giving an exposition of the
amount of the debts as nearly as could be ascertained from the irregular and
deranged state of the Books, including the invoice of stock on hands,
together with the probable amount of available debts owing the establishment;
proposing that should they wish it, they or I would appoint a receiver,
either to go on, or to wind up, as should be deemed most advisable.

     Unfortunately for my interests, confidence, which had been on the wane
some time, now seemed entirely gone. And Dr. Stipp under the mask of pretended
friendship to creditors, but really to be avenged on me for preferring the
writ of injunction, had taken great pains to increase the general panic, and
urged them at every corner of the street to rush on the concern and secure
themselves which they might, or should have it in their power, and almost
with the same breath, made his boast that when my drugs were under the
hammer, he would have friends who would purchase my whole stock for him with
a few hundred dollars.--To have assigned at this stage of my difficulties
seemed to me to promise speedy destruction, as now there were already
judgments, executions and claims in a train for collection, sufficient to
have sacrificed my whole concern:--so to prevent a complete crash I had sold
out--believing that in time as the notes become due (having sold on time,) I
shall be enabled to do much more towards meeting liabilities than in any
other way.

     To me this is a sad reverse of fortune. Only twelve months ago I was at
Richmond in this state, and owned a fine property there, where I had for
several years sustained myself in a general practice, and had acquired a
reputation as a surgeon, particularly. My road to ease & Independence seemed
clear. When I left, to say my prospects there would warrant the net sum of
$1000 a year over & above meeting the current expenses of a large family, I
feel confident my friends at Richmond would readily admit was rather under
than over the pounds of probability.

      It was held out to me by way of inducement to come here that the liberal
business of something like $20,000 a year might be confidently anticipated,
in the sale of drugs at liberal profit.--And that a much more profitable
practice in the profession might as confidently  be anticipated with Dr.
Stipp, than I had been doing in Richmond. As it regards my individual or
private debts they fortunately do not amount to much. And I feel confident
that I shall be able to meet them, but for these I shall have to ask for some
further indulgence. And if this meet the concurrence of this class of
creditors the favor shall be duly appreciate. As fast as collections can be
made by my agent. Mr. G. B. Holland, all debts shall be met as far as can be
done. I feel conscious of having done the very best I could. And with the
purest intentions of making the very best disposition in my power of my Drug
Store, for the ultimate benefit of creditors, I have disposed of it.

     I have sold out my stock of drugs to Dr. SMITH, who is now associated with
me in the practice of the profession. Dr. Smith from his industry and
perseverance, and having retained the services of Mr. D. Craighead, a young
man of moral worth, and eminent qualifications as a practical druggist, and
as an accountant, will, I feel confident conduct the establishment well. And
I have every confidence that Dr. Smith will be enabled to meet his paper as
it falls due.

     As it regards my failure, I should hope for some extenuation and
indulgence, as least among my acquaintances here at home, from the fact that 
this state of things has been induced by the reckless manner of my late 
partner in managing the last firm concern; who in conducting the business 
seems to have acted out his doctrines or principles which I have heard him 
avow, viz: that it was more honorable to fail in an attempt to make a fortune
on a large scale than to succeed, or do a safe business, in a small way.

     On purchasing out the interest of my late partner as he had kept the
books, I was quite at a loss and uninformed what the amount of the 
liabilities were.  And as before hinted the books do no show, neither does 
Dr. Stipp pretend to know what the debts are. At one time he has put tham at 
$4000, and again at $5000, or between that and $6000. So much for his 
abilities as an accountant and book keeper. I now appeal to my agent, Mr. G. 
B. Holland, for the truth of my assertion, that the books in many instances 
show great irregularity and are grossly incorrect.  And it happens to be the 
fact that all the errors are in his own favor. Ana and idea strikes me very 
forcibly which at least appears to me to be inferential, that if he had made 
as many blunders over the money drawer, as have come to light in the matter 
of keeping the books and converting firm debts to his private and individual 
interest without having charged himself on the books, it is not a matter of 
much surprise that the establishment should fail. On commencing business with 
him, I proposed that a cash and sale book should be kept, but in this matter,
as in many others, he overruled me. His reply was "that it would be too much 
trouble."  He might have said that it would not suit his convenience. From 
the commencement of our partnership he was all the time pressed for cash to 
meet his private debts. And his individual matters are in some instances 
blended with those of the late firm in such a manner that to say the least of
them, they appear grossly suspicious. I might say "above suspicion."

     The large way in which he went into the preparation of medicines, and
certain preparations last winter, during my absence from home, is one great
cause of the failure.And so far as merit or demerit may be chargeable for the
preparation of an article, for which I am held up to the public in a somewhat
responsible and degrading light, he not being known in the firm of W. Lindsay
& Co., Dr. Stipp is entitled to all the credit or odium consequent. I have
ever given my voice against infringing on the rights of others in
preparations of this character. AND I DO MOST POSITIVELY AND UNEQUIVOCALLY
DECLARE THAT I HAVE NO PERSONAL KNOWLEDGE OF THE COMPOSITION OF ANY PREPARED
IN THE ESTABLISHMENT, OTHER THAN THAT OF MY TONIC PREPARATION FOR GENERAL
DEBILITY AND CURE OF AGUE, CHILL, AND FEVER &c., BEYOND THOSE OF OFFICINAL,
OR FOUND IN THE USUAL FORMULARY OF THE DRUGGIST AND IN THE DISPENSATORY OF
THE SHOPS.

     The bragadocio letter written by G. W. Stipp to Glascoe and Harrison of
Cincinnati, which was first published in the Cincinnati Gazette, over the
signature of W. Lindsay & Co., and under the heading of "Frankly Admitted,"
or "Acknowledged," and going the round of the state, was written without my
knowledge or agency. As was the controversy growing out of it, including the
scurrilous communication which over the late firm's name made its appearance
in the Journal week before last. The liberty taken by G. W. S. to write these
communications under the late firm name of "W. Lindsay and Co., was entirely
unwarrantable.

     It is a duty I owe many of those in arrearages with the late firm of W.
Lindsay & Co., to state that no settlements made by G. W. Stipp, are of any
validity or of legal force since the period of my serving a writ of
injunction on him, vis: the 12th of April last, although he may, as has been
detected, have dated his receipts back. On purchasing out his interest in the
late firm the books were transferred to me; and all the debts which claim due
the late firm must be collected without respect to persons. Claims that
individuals may have against G. W. Stipp alone, will not be admitted as on
offset against firm debts. 
W. LINDSAY
    ma 12-30

N.B. Since purchasing out Dr. Stipp's interest in Drugs, and the Books, I
find the establishment not worth any thing near what he represented it to be
worth. And if certain offsets claimed, he allowed, the books will fall far
short of being worth their face, as he has converted a great many of the best
accounts to his private benefit, and the payment of his individual debts.
_________________________________________________________________ _

Helen, Sacramento