The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-01-27

sos 70. These sums appear as defalcations
onthe part of Collectors Of the Customs for
the two last years.
In the same report we find as debtor or
delaulter (" C. J. INGERSOLL, District At
tOrnsy, Philadelphia, due l2h January, 1887,
$76.49l co." We quote the words Of the re.
port. II our memory serves us, Mr.. Inger-
soil has been one Of the most vehement de-
claimets against all Banks, and most tho
rough-going advocate of the Sub-reasury
scheme for which, the Globe has lavishingy
praised him.
From list Of Receivers contained in the
report, who were out Of office on the 18th of
October last, whose names and sureties, and
the balances standing against them arising
from sales Of public lands paid over to them,
are given, we take the following amounts,
which fell due, by such officers, in the years
1886 and 1877.
The following are reported as in suit One
sum for 81 1913 90, one for S2,l46 81, one
for 1913 81, one for Sl09,l7S 06, ono for
500, Is, and one for s54 ,626 SIS. I" Re-
ported for suit" we find the following. One
sum for $6,624 SO, one for $30,6ll 81, and
one for ,7os 70; and, on account of Indian
school fund. IA special deposite we suppose)
the sum Of 1898 SO.
The following sums, it is stated, had been
ordered to be deposited in banks. One sum
due 9Th May, 1887, of 1859 70, one Of
$36, 097 SO, ,due 3oth June, 1887; one of
s6o,l9s IL, due 3lst August, 1887 and one
Of Sll,762 SO, due 2sth February, 1897
The orders to deposite appears never to have
been complied with. We find the sum of
81 ,997 So due from the estate of deceased
receiver, whose administrator had been di-
rected to pay the amount" We find also
due, the sums of $54S 81, SAG 81, $7,42I
AZ, and 81, 1916 "a against which no remarks
are made.
In the same list we find the following "A.
w. JONES, U. S. Marshall, Missouri, ST.
745 "a, in SUIT"
The aggregate sums given in the report,
under the two heads of Collectors and Re-
ceivers, stated as due from them, amount to
some millions. The items we have given
above, amount to more than SIX HUNDRED
THOUSAND DOLLARS IN THE
SPACE OF TWO YEARS ONLY!
What higher compliment can be paid to
the State Bank deposite system, than is con-
tanned in the report of the Secretary of the
Treasury With all the embarrassments
which they were subject to, through the col
lcctions of the vast and unprecedented amount
of public revenue; the vast sums they were
called on to transfer from one section of the
country to another; the difficulties which the
execution of the deposit act caused them, and
the extraordinary revulsions which have in
duenced and deranged the whole monetary
affairs of the country, the Secretary reports,
that the banks have already paid, or are ex-
pectcd TO pay as called for, or have already
given or offered to give ample security for all
the public money in their Lands, with the ex-
ception Of single bank, which is a defaulter
for small amount!
On the other hand, what proof could posi-
bly, be adduced, going more directly to the
utter condemnation of the Sub-treasury plan,
than this report of the Secretary furnishes ?
Individuals who are held TO a rigid accounta-
bility under the laws and regulations for their
government and under them required to
make monthly and regular deposits Of the
moneys received by them, disregarding them
entirely, as is shown in the report and fl
nally, becoming public defaulters to enormous
amounts. And yet the monstrous proposition
is brought forward and attempted to be
crammed down the threats of those who have
the independence to distrust and TO oppose
| it, to make this class of officers the keepers
of the peoples money! We call on the advo-
Gates of the scheme TO stand forth and Justify
their course before the people, for thus endea-
voring to place their money in JEOPARDY.
The report speaks volumes, in regard to
the entire inefliciencyof sureties to secure the
payment of moneys collected, in case of the
defalcation Of the principals.
MORE COMPROMISES.
The Richmond Enquirer, of the 25th inst,
contains the following.