Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1838-05-22
Mr.. Van Buren's sub-TreasurerS.

we copy nom the Washington MadlsOnian |
three extracts, from an article lately published
in its columns IN which comparison is made |
between the special DePOsite and the Sub |
1 Treasury systems as to the safety of the custo-
dFof the public funds. 1t IS stated as an as
tonishing fact that the much abused deposite
banks have actually paid about 100000 |
out Of about $S2 900. which they held or
depOsite, since the period Of their suspension |
of specie payments, and thar ugOOvl;-ry to the
report of the Secretary of the Treasury, the
balance Of the DePOsites "aOere IN the course Of
being paid ont from time to time, as needed"-
The probability Is, that not dollar win be lost
By these agents, unless we except the Com
mOnwealth Bank Of Boston. which, as gov
eminent pet, has been guilty Of conduct not of
the most reputable character.
Mr.. Garesche, IN his report in the case of
Col. Boyd, gave the citizens Of Columbus
rather severe and unjust rebuke, which in our
opinion was as altogether unnecessary as il is
wdeserved We have no doubt, if the gen.
tleman could have access to the public docu-
ments, and by them obtain knowledge Of the
public defalcatiOns of officers, Immediately un-
der the eye Of the President, hewouId discover
that his remark as to 'ths IOossness Of the code
Of NaOraIity'' here, would be much more Justly
applicable to the city Of Washington.
n W.P. HARRIS, Receiver At Columbus, Mis-
n SissipPi.-On 9th March, 1884, the Secretary
complained that his returns for November, De-
Il cember and January were IN arrears, and in-
i formed him that PasnctWGIity was indispensable.
Again, On the 18th March, the Secretary wrote
d hun, "the Department cannot approve any ex-
q change whatever N the money received by
rs you; that which is received must be deposited
Ne by you" Again, on the 9TH February, 1884
y the Secretary informed him that the Depart.
ment had been informed that he had sheen en-.
gagged m trading on the bank notes received Il
payment Of public lands By exchanging then
for bank notes Of inferior value = and demand
ing saprompt answer to the inquiry" be made
Again, on the 18th March, he was informet
on that no returns had been received subsequen
ng to October, and that his case would be repor
he ted to the Executive for his action SHOULD tn,
re- neglect be continued" Again, on the 9th O
en- February, 1885, the Secretary complained o
his not having returns for November and Decem
Tor Der.
res On the 18th February, 1885, he and the re
18th ceiVers at fifteen other officers were informe
"a that Git had been minated to the department
en- that practice prevailed at some Of the Office
his Of permitting entries and issuing certificate
VS. Of purchase, 10itb0at the payment Of tie plty
ed, chase money AZ the time Of tie entry" Agai
70 on the 18th March, he was informed that n
I'm returns had been received from him since DC
lon tober previous. Again, on the 18th June, tn
sw Secretary wrote. "inding no returns hav
we been received from You since that of NoVem
=
ion By return Of mail shall be constrained to re
he port your neglect for the action Of the Pres
me dent" Again, on the 18th August he Is Il
nd formed, By the direction of the President, tina
q # th0mOnthly returns which were then in Al
~ rear were not received By the 10Th day Of DC
Ta tOber following, he would stbe7 Be- 9isNsisss
M from Office" Again, on the 22a Septembe
50 the inquiry was made Of him, why 81 IS ths
ed your deposites are not made n the branch
tly the Planters' Bank at Columbus, instead Of th
- parent bank At Natchez." Also. why bis .,
ns count for February previous, exhibited "a lare
e amount on hand not deposited" which he wa
IS required to do faithfully. Again, On the ID
Sc Of October he i informed that trusting to d
lO- dent win continue him IN the 18th Novembe
m when, # al the returns are not rendered, a.
nv the whole Of the public money with which j
4Asst-4
ies from once. Again, On the 18th October
CT 3 informed that, the charges or dep0sitin
re- money at Natchez cannot Be- allowed becaul
e the hEaach bank e Columbus received the pul
2 10 moneys on dgposites and gave credit % q
q Treasures. free 81 expense. Again, On q
lon 25thof November. tie Secretary says, g yoi
~ deposltes ere made a Columbus no Fsat
9Y whatever can Be seen Why tie whole mons
% your bands, e The end % each month, Is ii
deposited; & = Ell ectsi that L win Be heIsa
ter" Again, a. The 4th 81 February, 1886 I
with tinslili-tiro other receivers were inforrle
= nat Their returns were 81 arrears for mar
months past and that q thelet theg ron
- nct e made ng The succeeding monI
Wien fne ne fact would be 1ep0l, g r
fee.snt. Again. 81 the 28sli of March.
was informed lis November return had s
been Esoeived and IL tlie return mai dii d
rlg llg u1I1l Te',.lna. tts 80 world l,e +
ported 70 tls t lor mn e acsi0
alos Ase.n, O. Tie olh June, tie ~ ~
Ela. seeing re balance q public moneys il 80