The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1838-03-16

- nave placed ne Doctor N position
sOmewhal unpleasant. and he endeasOrs
% crawl out q i BY varying his express
sion. Before. the . gOrnnmeaf depO-
siies" were i" less than $4,000" nov
q 8 llle sun " standing 70 The credit Of
ihs Secretary ef fhs Treasury Ina, is
below that amount. "This is > fact"
he says. and refers ns 10 page 5 Of The
Seereiary's report. Well. Iel Us look 81
The report, page 5.
The sum nov standing 10 The credit
Of The TreasErsr"-r'fhs Doctor seems
% have forgot that there arc two officers
in The government. The one called the
Secretary efthe Treasury who has the
general suPerinIendenee Of the afTairs OF
The treasury, and the Treasurer. under
whose more immediate care The money Is
placed i" The SUN nov standing IN The
credit Of the Treasurer is $50. $780,"
But in page 5 the Secretary further
says. !" Other sums in said bank. standing
TO the credit Of certain collecting and dis
bursting officers, As well as the Post OF,
fee Department. may also be considered,
IN some senses. rs public money Of The
Unilsd States. and are therefore added"
though over them. he says, he had no
control. as they either had not entered The
treasury. or were drawn out BY requi-
sidops from other departments" These
sums he goes on loenumeraie, as follows:
"Tne amount reported as standing TO
the credit Of the Collector is s65,9il.
"0lher amounts. to the credit Of The
late Pension Agency. arc, 10 the sggre-
gate. sl5is46.
+" BY letter received from Robert G.
Shaw. Esq, one Of the commissioners Tor
building the cuslom-house al Boston. il
appears that The sum remaining on de-
posile 10 the credi, oflhose commissioners
! in the Commonwealth Bank is about
$4,000.
by The last bank returns, the sum Of
sl.iI9 is reported as standing 10 The credit
nf MAJOR II. X. Craig, Of the Ordnance
Department. and 1916 To The credit Of
Paymasier ID. ). Townsend.
"The amount which stands 10 the
credit Of the Post Office Department, is
s7.Gii."
Now this expose Of the Secretary Of
The Treasury agrees precisely with the
sia,emcn, made in our lirsi article; where.
then. is our error. The Doctor says
" The sums you mention was money de-
posted by officers Who had drawn i, for
certain purposes out Of the treasury. aud
some Of the money never had come into
the treasury" Precisely so; but IL was
"public money" nevertheless: and know
ing this, can the honorable gentleman say
tina, he " stated the fact correctly" when
he told his constituents that the govern.
meni deposiies" in the Commonwealth
Bank al The tine OF lis failure, were " less
Than 10000!
With respec, to the security for all this
money we are no, yet much enlightened.
We said before that VIC did not expect to
get much assistance from the serrelary's
report. and therefore have not been dis.
appointed. The Secretary saws, that" the
Treasurer's deposiie 1898, $685. is secm'
ed by The responsibility, not only Of the
bank and the priority belonging 10 the
United States, bu, by bond for half a
million Of dollars, with securities who
were considered sufficient to meet the
whole aqoun,." 1.-THE Unied States"
he goes on In say. "it is supposed. are
secured for the other deposi.es, no, only
by the same guarantees, but by the re-
sponsiblliy of the cers'making the de-
pusites. and any collateral and separate
bonds they may have taken on accounts of
them" But the Secretary does no, say
| thar these officers hare taken any L" col
lateral and separate bonds;" and We cam
no, suppose tina. officers making depo'
sites in a regularly authorized deposi,e
bank are themselves responsible for the
amount. Madam Rumour. therefore.
whatever may be her propensity for Iy-
ing, may in this instance have spoken The
truth, any thing which appears in the re-
port of The Secretary Of the Treasury to
the contrary notwithstanding.
Now, having made this plain statement
4 of ,ka ,na,,ar ,va ehanid Ike IN lnaw