The Hawk-eye and Iowa patriot. (Burlington, Iowa) 1839-1843, 1839-09-26

der their influence, do otherwise than OPP
pose such ruinous system of experi-
ments! We oppose it from correct princi-
pie and from our very heart.
We have heard Of spirit Of divination
reigning in the hearts of men in olden
times, but in this age there seems to be a
spirit abroad in the land which has got
such entire possession of those to whose
safe keeping the public treasure is COM
mitted, that it has become truly alarming.
We allude to that abstrtcting imp, the
spirit Of defalcation. Hardly a paper is
perused by us, but we discover the cap
ton s'Another Sub Treasurer gone -
Those we copy below are taken from
Congressional documents. but they do not
begin to be the whole number who have
taken advantage of their peculiar circum-
stances to purloin the peoples money
There is no encouragement for the poor
man to save all his hard earnings and pay
for his land, if there is danger of its being
peculated in this way. We have serious
ly thought that all these unrighteous acts
have been permitted by Providence, in or
der to warn the people Of the evils which
may be expected if they consent to have
Mr.. Van Buren's Sub Treasury scheme
become the law of the Land. We know
that scheme eontemplates making acts
like these penal. But the facilities for
making their escape, would enable the
Sub Treas lrers, to set the law at dcfance.
hesides the Sub treasury scheme propo
ses an entirely different mode of transact
ing business, which would continually
harass the Public. It would deprive pub
lie debtors and public creditors of those
facilities afforded them by means of dis
counts which were always afforded under
the old system. through the agency of the
depositing banks. The making individu.
ais the repositories Of the public funds,
we have thus far seen, only throws temp.
tation in their way, and instead of being
safer in their hands, than in some approx
ed, responsible institution, they are far
less so. That the government has suffer-
ed by making banks her repositories there
is no doubt. But how was this brought
aboutl Not because there we're no safe
institutions in which it could deposite its
money, bnt because it made selection of
institutions, not with reference to theirre.
sponsibility and solvency, but with espe-
cial reference to their attachment and adj
herence to the peculiar political tenets in.
culcated by the jewellers in the White
House at Washington. Our largest capt.
talists find no difficulty in selecting banks
where they can safely deposite their funds
neither would the Government, if it
sought the safety Of its funds rather than
the preferment Of its favorites. The gov
eminent never lost a cent, for period of
near forty years, while its money was de-
posted in the two hanks of the United
States. This is fact that every one
ought to know. During this long series
Nf ,l-. l,l al u
tody Of the revenues of the United States,
collecting transferring from place to place,
and disbursing all the funds of the Gov
eminent, without loss, refusal or DELAY of
payment in any instance, without embar-
rassment or difficulty Of any kind and
without charge. oh! how different would
it now be, if there had been no war on the
United States Bank! One uniform cur
rency throughout the Union! There
would have been no grinding of the poor
settler---no asking from eight to twenty
per cent. premium for land Office money.
Citizens of Iowa, can you not see what
difference it would make in your affairs?
Need we tell you who brought upon this
country its present condition, and who in
reference to another .faporite experiment
tai project-Mr Van Buren--has declared
his intention to see it in operation, sink
or sacim, no matter whether it plunges the
nation into deeper distress or not? No,
we need not tell you--you all know it.
But to the list of here it is
Statement of the defaulters to the govern.
ment. whose defalcations have occurred
since the LIST of January, 1890.
S. Swartwout, New York, 1925 100
w. NJ. Price, do. $4,000
A. S. Thurston. Key West, Fa. 2,s22
Gen. w. Owen, Mobile, n.T3.
l. T, Candy. Charlottesville, Ia. 39,OI3
w. L. D. wing, Vandalia, Til. Is, 154
John hays. Jackson, Miss. 1855
w. M. Green, Palmyra, Miss. 2,3I2
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