Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1843-07-25

Who First Exposed the viiiany!
Gov Bigger, the Junio and the Journal have claimed
great credit to themselves because, they assert they
the frato expose the vIany of their agents. We
have asserted tina, they entitled much
credit that We have said iha, the first official expo
of the Swnd lag practices of the Wing Managers
made BY Mr. Palmer while Treasurer Of State. We now
adIuce the proof which have before frequently allud-
I el to-
In the Documentary Journal for ls4O-4l, page 90,
will be found the Report of y. b. Palmer. Treasurer
state dated October 81 1910 On page "a he gives the
items Of the public debt of the State which he summed
up a, sl3, 667 433. He then observes
"Ilis proper say, that the bonds in items Nos g.
and 5, IN the above table (amounling s772 0OO
REGARDED by (Mr. Siapp) constituting no part the
public debt nasmuch the debtors have agreed TO return
the bonds but the bonds have been parted ,eifL and
their return resting the promises of Institutions and
persons OF 1ery dou6fR pecunIary responsibility. and in
whose promises hare. for tie raosf brrt No coSFI-
DENcE has appeared u entirely proper 10 add those
items TO the public debt
On page 10 Of same report Mr.. Palmer gave the items
of the UnfunJed Debt, amounting 10 S2.llOi33; and
page &C. he gives the items of the Suspended Debt
bonds sold for which nothing had been received amount
ing 10 1850 79l 81. upon which depende had been
made for the payment of the Uniundcd Debt but which
said Mr.. Pslmer. II feel my duty 10 say that fAy
6e4ere cannot be reah<edfor ms object INDEED AT
ALL"
He further said
"The pccuniary character and standing of most of the
situations and persons thus indebted Indiana
bonds sold otherwise parted with 10 hare been
alike The creation Of the late visionary and frantic sea-
con If EQUATION, and fhe creek Of rs subsequent dis
GSfrOHs explosion.
Ii is also greatly be feared tina, the main portion of
the securities have been able obtain. Holnd-
NOR fffge he IL r.
To hazard the faith OF the State by dependence Ell
Their principal debtors securities these claims for the
means to meet our engagements. seouid be detson
bitter 10ih dsdPPoinme7: as IL 4gouH BE- ttfai 10 the
honor and credit Of the Safs Ii Indiana shall be
fortunate 10 make the whole portion Of this debt
available, that period is unquestonably Except for
small portion) many years hence No all acquaint
ed with their condition would hope to obtain a tyhe
Tor either, urged to immediate settlement and Oreclos
ure.
As the bonds which form the basis of these debts have
passed from the State without payment and of the
under circumstances approaching to fraud respectfully
submit, whether 1t will not be proper and gust aud with
out danger deterioration from the honor and credit of
the State 10 take some gai steps, by injunction 9TH
erlcse, to DrOtet the interests Of the Stut from he i'm
ense loss, otherwise likely result from this unfortunate
condition OF so large amount Of public securities
This the first official exposure of the rascaIy
manner in which financial affairs had been misnan-
aged, and the state sainded All we have learned since
has but confirmed the disclosures thus made by Mr.. Pal
mer and positively manifested the rascaity Of the whig
agent. and managers that the Leaders longer able to
ace down the people with denial fin acknow-
led, j. an try justify themselves ard maintain their
much abused power by claiming the merit OF being first
10 expose the vllany
Buthow dill they receive tc Report Of dr Palmer, at
The time il was made! They denounced I'm IN the bit
crc termsassertng that his exposi,ions were entirely
false. WaIce sIured him in his message atemp;ed
10 dscredit his statements, compared with those OF Stapp
and this followed up by the furious denuncnions Of the
Wings in the Legislature They threatened Palmer
with IMPEACHMENT and declared that he ought to
be thrust from Office without ceremony This was the
spirit in which they received the disclosures of Mr. Pal
ner After stormy debates in the Legislature they call
ID on him for pecfcadong and particulars thinking they
had said enough to him from his position But they
nistook the He made second report, which will
be found in the Documentary Journal page sol.
md in which he spoke strongly than first de-
nonsated the rascay which had teen rrtcsed and the
certain losses which the State must sustain
Did the Wings adopt Mr.. Pamer's recommen lalion to
axe to something to the State for the
Swndled Three and Hall Millions Of Bonds while there
vas some chance of recovering part Of it back Far
rom it. They did such thing. That would have been
10 acknowledge the truth little soon Presidential
election hand anl their Object was to blind
he people The Of things until after that event
At least They accomplished that object though at loss
IF millions to the State. They all loco
oco Lie about Siapps conduct. They were determined
10 sustain him at all hazards. Their wach-word was
'StaPP no Revenue; III other words "Sapp or Sink
he State" They carried their unholy point. They sus.
tanned Stapp office another year ard until the people
had become well convinced of his misconduct tn It thew
Jared to sustain him longer; aad they turned Pal
ner they could.
This is the way in which the Wing Leaders first ox
posed the rascaity of their own men Do the Peopc
Ike it If they do, tt them vote for Bigger. Bradley,
Wallace and the rest. Ii they do not like it, let them SKIN
those ICONS and for
All the Democrats!