Edwardsville spectator. [volume] (Edwardsville, Ill.) 1819-1826, 1824-09-07

ephemeral relief, thus afforded to tho
western community has not been more
than overbalanced by the evils which
finally resulted from the iniudicious
execution and suicidal extension of this
plan. Certainly great losses have re-
suited from it, as the events of almost
every day exhibit, and if they have not
fallen upon the Treasury, the people
cannot have escaped them.
The principal ground of nv obiec-
tons to Mr.. Crawiord's conduct in this
respect, has been exhibited to the House
IN the following words, viz:
The most objectionable parts of his
conduct, in regard to these matters, are.
his Encouragement of those Banks. and
MS continuing TO employ them alter he
himself Rad become sensible of the dan.
ger of doing so.'
10 establish this ent, rely up-
on his communication to the committee,
to show that he continued the Bank Of
Edwardsvlle depository of public mo-
ney, after he was SO convinced of its want
OF good faith, as to act, in other respects,
upon that opinion.
rely upon his correspondence with
the banks Of Tomheckbe, Huntsville.
Steubenville, and Vincennes, and Gov.
Jennings testimony in regard to the lat
ter, to show that he was apprized that
there was danger in continuing the de-
postes in the three tirs., and thu, he con-
tnued the latter a depository of public
money alter it had forfeited all claim to
bis confidence, and proved 10 his own
, Satisfaction, thar it could not safely be
trusted.
rely upon the testimony that has
been taken before the committee, 10
prove, |. That he has acted Illegally in
making deposites OF public money 10 To-
cal Banks III the District of Columbia.
and even IN this Guy, wilhou, making re-
port thereotto Congress, according 10 law.
Q. ina' he has, IN variety of Instances,
abused his power to make deposies of
me Publc money, by actually making
pure graluitous loans Of them and 8.
That Of the loans which he thus made
III 1919, parl thereof has not beeu re-
paid, and is IN danger OF being last.
by the document 66, A No. 10, il ap-
| pears that, Notwithstanding he had made
loans 10 certain local Banks in the Dis
tilct OF Columbia, which were SO Grip
pied as not to be able to continue their
operations without the assistance he af-
torded them from the Treasury, and par
Iucuiarly the Mechanics Bank of Alex
andria, whose situation he well knew,
ana TO which he had made FIVE several
loans oil public money, to enable it, as
the witnesses say, TO wind 10 its affairs,
and which loans, or the MAJOR part there
OF, remained unpaid, he did, on the st
August, 1890, the year after these loans
were made, direct the X ceivers of Pub
lie Money in Ohio, Indiana, Illinois,
! Missouri, and Michigan, 70 receive the
notes OF those hanks in payment for pub
| lie lands
BY document Nc. 66, il appears that
the Farmers and Mechanics Bank Of
Cincinnati, into which he directed the
public deposites TO be made, in 1919,
besides us other debls, owed 10 the Bank
OF the United States 100000; had is.
! sued its own notes 10 the amount of
| S77, so, and had of specie only l9.43O
dollars and that he was twice offored
any additional security for the fulfil
OF It's engagements, which be might re-
| qume, but hirh he declined taking.
BY the same document ii appears that
he declined The offer 10 pay interest by
the Bank of Huntsville, which tbs Trea-
sury was justly entitled to receive from
/, that bank.
BY his report in the case of Mr.. Bra.
han, Receverof Public Moneys at Hunts.
Vile, il appears that that officer had ap.
propria'ed very large amount of the
public money to his own use that he
was continued in office an improper
iengih OF time after his misconduct was
known to Mr.. Crawford; that, finally, in
settling with him, large amount that
was justly due 10 the United States, as
interest upon the money which he had
misapphed, was relinquished; and that
the indulgence he received, as to the
time Of repayment, was more than he
deserved.
BY Mr.. Crawford's own communica-
ton to the committee, he himself has
shown case OF Receiver, which would
have rendered it improper to continue
any man in such an Office, under the cir.
cnms,ances which he has stated.
| There must ALSO have been some bad
management IN his permitting the depo-
sites inlthe Bank of Missouri 10 accumu-
late to the amount OF S7s6,OOo, when
! the transfer of anv mart thereof II, the