Vandalia Whig and Illinois intelligencer. [volume] (Vandalia, Ill.) 1832-183?, 1833-10-23

i "Whereas, it appears by the Expense
Accounts of the bank for the years 1881
and 1882, that upwards of eighty thou
sand dollars were expended and charged
under the head of stationary and printing
during that period-that a large proper
ton of this was paid TO the proprietors OF
newspapers and periodical journals, and
for the printing, distribution and postage
OF immense numbers of pamphlets and
newsPapers-an that about twenty thou
sand dollars were expended, under the
resolutions of 30th November 1880, and
! lh March 1881, without any account OF
the manner in which, or the persons to
whom the same were disbursed. And,
whereas, it is expedient and proper, that
the particulars of an expenditure, so large
and unusual, which can now be ascertain
ed only by the examination of numerous
bills and receipts, should be so stated as
to be readily submitted to and examined
by the board Of directors, and the stock
holders Therefore, Resolved, That the
cashier furnish to the board, at as early a
day as possible, a full and particular state.
ment OF all these expenditures, designa-
ting the sums Of money paid to each per
son, the quantity and names of the docu-
ments printed by him, and his charges for
The distribution and postage Of the same;
together with as full statement as may
be, of the expenditures on orders, under
the resolution of 3Oth November $3.50,
and til March 1881. That he ascer-
tain whether expenditures Of the same
character have been made at any of the
offices, and, if SO, procure similar state
ments thereof, with the authority on which
they were made. That the said resolu-
tons be rescinded, and no further expen-
dltures be made under the same"
The resolutions were postponed on the
motion of one of the directors, for the
purpose of introducing substitute for
them, by The vote of all present, except
ourselves and one other member of the
board. The resolution substituted, was
as follows: ''Resolved, that the board
have confidence in the wisdom and iDteg
rlty of the President, and in the prop,ie-
ty of the resolutions of 30th November,
1880, and 18th March, 1881, and enter
tam full conviction Of the necessity Of
renewed attention to the object of those
resolutions; and that the President be au
thorlzed and requested to continue his ex
ertlons for the promotion of said objects"
Viewing this as indicating an intention
(Which was indeed avowed) to continue
and even extend the system of lavish ex-
pcndlture, and to authorize disbursements,
the particulars of which could not be
clearly ascertained, either by the board
or their constituents. And regarding it
also as evincing a desire to encounter our
circumstances, against the continuation
OF such system, by a reference to the
personal character and motives Of the
President of the institution (Which were
not drawn into discussion or questioned by
ns) we offered as as an amendment, the
following resolutions: s'Resolved, that
while this board repose entire confidence
in the integrity of the President, they re-
sPectfully request him to cause the par.
ticuiars of the expenditures made under
the resolutions of 30th November, 1880,
and llth March, 1881, to be so stated,
TINT the sumo my i,a readily submitted
TO and examined by the board OF directors
and the stockholders. Resolved, that the
said resolutions be rescinded, and no fur
Their expenditures be made under the
same" This amendment met with the
same fate as our previous resolutions, be-
ing rejected by the same vote, and the
resolution offered as substitute was pas
sed.
These, sir, are the circumstances at.
tending the, best examination we have
been able to make, in regard TO The mat
tiers referred to us by your letter of the
Sd instant. Should they not prove suffi
ciently minute, or our report sufficiently
explicit, we must infer from the course
pursued by the board, when our resolu-
tons were submitted to them, that more
exact statement can only be obtained by
an agent directly authorized 10y the Ex-
ccutive.
We have the honor TO be
With great respect, your obt servts.
H. D. GlLPlN,
JOHN +. SULLIVAN,
PETER WAGER,
HUGH McELDERRY.