Jeffersonian Republican. [volume] (Stroudsburg, Pa.) 1840-1853, 1849-08-23

We have no desire to trample upon fallen foe
or to pursue and enemy beyond the point of endu
rance, especially when he has cried "hold enough
but there certain facts connected with the pol
icy Of our able and successful State Administra-
ton, and the payment of the semi annual interest
upon which the public should be enlightened, il
for no other purpose "to vindicate the truth o.
history" as Col. Benton is wont to say.
II will be remembered, that the Pennsylvania
has made several efforts and adopted manysinge-
nious expedients to escape from the contrast pre-.
sented by the payment of the interest in gold and
silver, through the exertions and skill of Whig
State Treasurer, with that Of his Loco Foco pre-
decessors, who paid it in deprecated rags, and
that it has been our duty to correct several impor-
tant errors of fact, into which our contemporary
was led, either by ignorance or mistake. There
are other misrepresentation yet to be produced,
which will not admit of easy explanation, and
or an utter disregard of truth. In order to break
the force of its fall, the Pennsylvania summons
one Asa Dmock to its aid, who very obligingly
publishes letter to answer the purpose. This
production is introduced with a flourish of trum-
pets, and the aforesaid Dmock is accredited as an
individual :" for number Of years connected with
the Treasury Department" This drafted volun-
teer writes as follows
"Since the resumption, eight semi annual pay
ments have been made, and in only two it has
been necessary to resort to temporary loan
first, in February, l647, and again in February
1913. In both instances, after the payment of the
interest in August following, there has been
large surplus at the disposal of the State Treasu
rer, and balance to the credit of the Common
wealth in the Bank of Pennsylvania, which is the
agent for the payment of the interest. In lS4S,
the surplus amounted to more than two hundred
thousand dollars, and l647, about the same"
Now we propose to convict this statement of
by the official report of the Auditor Gen.
eral, which neither the Pennsylvania, nor its wit
ness Dimock dare dispute. According to the
.eports, there was
Balance in Treasury Jan 81, ls45, $s97,349 o3
interest due, Jan. /, ls45, 87l,50& ii
Surplus, 9s W ee 25,644 90 |
five are right in our recollection, Gov Shunk's
ate Secretary of State predicted that this pay.
nent could not be made. Is iss--
Balance in Treasury July 81, Is45, 9lO,l37 90
interest due Aug. /, lS45, 674,607 81
Surplus, $3.50 81
This payment was accomplished by collecting
Id arrearages oftaxes due for several years, and
ne then State Treasurer was indebted to dis
nguished Wing for the suggestion.
%, scpSn IN
interest due Feb. 1, 1876, 953, 1868 IS
Deficiency, 1888 As
This sum was begged from the banks and the
lterest paid, notwithstanding that our Loco Foco
lends have great horror OF banks-except when
ley want to borrow: nu
'alance in Treasury July 81, 1916, I,0ls,690 90
interest due Aug. I, 1916, 9ss,s7l 50
q Surplus, 30,0.9 81
alance in Treasury, Jan. 81 ls47, 7ll,160 "a
interest due Feb. l, l947, 963,25e %
Deficiency, 272,os7 "a
For this deficiency loan was made, which we
ill call No. l, by way of designation.
'alance in Treasury, July 81, 1s47, 1,296,727 At
interest due Aug. L, le47, 999, ITO 81
Surplus, 296,957 26
The convenient witness Dimock, states this
urplus at 100000 dollars, being within fraction
100000 dollars out of the way; not great error
be sure, for Loco Foco, who "for several years
as connected with the Treasury Department"
alancs in Treasury Jan. 81, l84s, S92 .2ss AZ
lterest due Feb. /, l842, I,00l,774 Al
Deficiency, lo9,486 90
For this deficiency loan was made, which we
ill call No. 9.
alance in Treasury July 81, Ts4s, $4,000 I6
l,erest due Aug. 1, lS4S, S69,747 47
Deficiency, 6s,s47 81
The witness Dimock, states in his letter-as
i'll be seen by the foregoing extract-that sin !
348 the surplus amounted to more than two hun ,
ed thousand dolass," while in truth, the Banks
those monsters of iniquity, which Loco -Focos so
uch abhor-had to bleed quietly to the tune off
e deficiency, to make good the Treasury short
,mings.
alance in Treasury Jan. 81, ls49, 7s6,69I 57l
lterest due Feb. l, l849, 989,49s 55
Deficiency, 202.906 SO
For this deficiency, a loan was made for 1885,
DO dollars, which we will call No. 3, and which
fth interest Mr.. Bail has been compelled to pay T
n II 4