Southport telegraph. [volume] (Southport, W.T. [i.e. Kenosha, Wis.]) 1840-1850, 1842-08-31


those at Vernon off for dry goods, &c. in
the eastern cities. Now the question is,
why has not the surrender Of these bonds
been required? The Governor had full
| power to call them in. Why has he not
done it.
(2.) Zone r. l.. Ream, acting as Ter
ritoriaI Treasurer" did issue bonds 10 the
amount Of $4,000, and they were issued IN
! accordance with law Of the Legislative
! Assembly, approved February 10, 1871.
! The bonds were issued to enable the Ter
ritory TO complete the Capitol, and were to
be redeemed when the Territory received
from the Executive himself, 81 800, or
Whereabouts, which he had in his posses
SION through means but little more honor
able than if he had stole it out Of the trea
sury The money to redeem seventeen
hundred dollars Of these bonds in the hands
Of The Territorial Treasurer, and would
have been applied 10 their redemption had
not the Executive pocketcd the bill which
passed the Legislative Assembly directing
the Treasurer to redeem bonds to the a
mount of the money he held. "The Ter
rjtory have derived" some "bcncft from
The SALE" and would have derived much
more had not the Executive endcavorcd TO
deprcciatc the bonds as much as possible,
aQd prevented the small moiety Of the Cap
itDI fund in the Territorial Treasury from
being applied to their redemption. Wheth-
or the gentleman who contracted TO finish
the Capitol and purchased the ponds, will
make as sorry a speculation in trusting the
territory, as the territory did when it placed
the hard dollars that had been presented
to it by Uncle Sam in the hands Of Doty,
remains to be seen.
3D. The only bonds issued by the Ter
rtory for the payment Of Legislative ex
penses, were those issued by Mr.. Dunn in
the spring or;4I. A strict record was kept
Of those, we know. Whether or not it his
been placed in the hands Of Secretary Field
we cannot say. The insnuation that Mr..
Dunn may have settled with the Treasury
Department 'upon the vouchers he receiv
ed from The persons to whom the bonds
were issued'' and fobbed the money, Icav-
ing the bonds outstanding and unpaid, is
entirely unfoundcd as Doty very well
knew, and rs has since been shown by the
payment of the money 10 Col. Field and
is worth only Of man who will use pub
lie money placed in his hands for a special
purpose, to advance fraudulent spccula-
tons, and when the proper authorities call
for it refuse to account to them, and would
if he could, get lid Of its ultimate payment
by going into bankruptcy.
a. How much more would the tex
cess" have been had the Legislature allow
ed the Executives bill Of fee hundred dol
lars for fuel used in his office during one
seasons?
90 A bascr lie than this never escaped
the lips Of man, and for giving publicity to
it, if there were no other charge against
the scoundreI, he should be removed from
the office he disgraces, and he would be if
John Tyler was possessed Of halfthe hon
csty and independence his friends claim
for him. When we first pcruscd the letter
we know not which most surprised us-thc
audacity or stupidity Of the scamp in utter
ing so m0nstrous and yet SO shallow a false
hood. The whole debt Of this Territory,
including suspended items Of gislatiyc APP
preparations at the Treasury Department
appropriations made to be paid out Of the
Territorial Trcasury-thc liabilities incur
red to complete the public buildings, and in
cndeayoring to wrcst from Doty the money
he is cndcavoring to de(raud the Territory
out of-thc liabilities incurred by the issuing
Of the Canal bonds, even including those
that were issued iIIegally-and on all other
accounts Of whatsoever name or nature,
does not amount, at the most cXtravagant
estimate that can be made, TO fifty thousand
dollars. To meet this amount OF Liabilities
the Territory has securities upon the Canal
lands sedan interest in the hydraulic
rowcrat this pIace--claims upon the Gener-
al UNCONVENTIONAL sundry other assets
that are nearly or quite sufficient TO pay
them. The only doubtful item among
the assets is the claim against Doty and his
surety for the money that was iiIched from
the Territory to start the Bank Of Mineral
Point with.
(6.) The disposition manifested to Gre
ate difficulty between the Territorial legis
iaturc and the Treasury Department in,
order that little capital might be made
to sustain his sinking fortunes, is wor
thy of the Jacobnical genius who dis
plays it. We do not believe, however, that,
any thing he can say, or any representation
he may make, will be needed much by Mr..
Forward
We also "rcei confident that it is the dis
position Of the people Of the Territory that
every debt" properly ''crcalod in the name
of the Territory, or on its faith, shall be
paid;" aud we have no doubt that if the
Territory does moi receive from Doty and
his bail the amount for which the latter is
in default, the people will raise the money
and redeem the bonds Mr.. Baxter has taken
in good faith; but we doubt whether they
will Pay much attention to paper disposed
Of by spectators without color Of law
Those political paupcrS,' Doty, Morrison,