Alexandria gazette & daily advertiser. [volume] (Alexandria [Va.]) 1817-1822, 1820-02-22

Having aseeisained that the dividend
tLly. 1914, had been passed directly
=. the credit of the late treasurer, with
y, heiog first audited asreeably TO the
v mil practice both before and since
w. a neriod of that dividend, the COM
~;ttee addressed the letter mo. y to
H. cashier of the Va. Bank, and re-
,ri,ed his answer No. q
The committee, in order to ascertain
No real condition of the public funds
swell of stocks as of disposable mo-
MES (as far as the transcript of the
Sooks of the banks and Of the treasu-
,e,'s transactions with the banks would
enable them) addressed the letter { No.
, lto each fthe cashiers, and received
their answer No. A and No. 81
The committee also instituted a. en-
miry into all sources Of revenue which
might have been paid directly into the
treasury and addressed letter (No. g.
IA the auditor and received his answer
no. II twill be seen by reference
10 statement C.. that all the dividends
ofthe Bank of Virginia have been re-
salarly accounted for except that of Ju-
Il. 1914, before adyerted to. Those OF
NE Farmers Bank Of Va. [statement
d. and of the James River Company,
statement e. were all regularly audi
led. The reports of the rents and to-
baeco sold at the warehouses, (requir-
ing much labor and investigation on the
part of officers whose daily duties en-
gross the far greater part of their time,
and deemed by the committee of minor
importance) have not been received, as
will be seen by reference to the audi
tors letter No. z.
The committee investigated the tran
sactions Of the commissioners OF the
sinking fund from IT'S establishment TO
tie 9Th of the present month. The
statement A, exhibits the condition OF
the per cent stock, created under the
loan of seven hundred and fifty thou
sand dollars. A comparison of thai
statement with the receipts on the defa
ccd certificates, testified its accuracy.
The statement b. shelving the present
state Of the military certificate debt,
aud debt of six thousand two hundred
dollar, contracted under the law, au-
thorlsing a loan of One Million One
Hundred Thousand Dollars, was also
sOblectod 10 an examination, and COM
pariS0n with the certificates redeemed
and receipts thereon, aud found to be
correct. For a satisfactory account OF
thepresent condition of the sinking funC
and the unredeemed debt of the Com
nOnNealth, the committee beg leave
'oreEer to the report Of MIR. Jackson,
Clerk of accounts, marked General
Statement.
The committee in pursuing their enquiries
INTO the funds, derived from the general go
'ernment for advances during the late war,
addressed letter 10 the late treasurer, No.
81 and received his reply. (No. 81 1t
cannot escape observation that the reply IS
partly irresponsible and entirely unsatisiacto-
~ The author when before the committee
upon another subject, was interrogated in re-
@nOn to those accounts, and forecIosed the
enquiry by admitting that the mis-application
vas drawn from that source. The irregula-
NaeS complained Of in the transmission OF
~Ose sums, and the huctuating value of the
-'euiuII IN which large portion were paid,
"sf'her with the confused and partial APP
Racatlon Of them which has occurred here to
We eStmgui>hment OF bank debts, and the
Investment of stocks, render it indispensa-
~ necessary to appoint an able accountant
mSulust that branch OF the public funds
"e committee also discover that the books
We department are net settled up TO the
re'iod Of resignation, and recommend that
~a' labor, deemed absolutely necessary, be
3uaed to the other duties of the temporary
-,'countant. unless the late treasurer, accor.
S'Os TO his intimation, shall have il done
forthwith.
! he committee find the old registry of de-
pOsas on account Of British debts and con-
4'catons, in so decayed and imperfect a
'd'e as to be enti ely inexplicatle.
As the books, records, &c. in the office
we're deemed highly important, the commit