The Lancaster gazette. (Lancaster, Ohio) 1846-1852, 1851-10-02
Ano.h.r I,.n - 3. a.z.t.s Nan

from Columbus. bring to light the extra
ordinary fact. that over HALF A MIL.
LION Of the public funds called for and
paid by the people, have been taken
from the Treasury of Ohio and are now
loaned by the Auditor aud Treasurer of
State for the cOnvenienee and benefit OF
Railroad Monopolies in Central and
Southern Ohiol These funds. be tre-
membered, belonged TO the surplus rev.
enue, and were taken from the Treasury
at the very moment when The State Au
ditor was issuing his circulars lin the
summer Of 1850, to the various counties
of Ohio, informing the Commissioners
that the necessities Of the State and the
condition Of the Treasury demanded a
STILL GREAT Err LEVY OF TAX,
ESl
The above we clip, caps and all, from
the last weeks Eagle. Hard indeed is
il. for that paper to find something as an
offset 10 the Locofoco stealings and the
miserable squandering of county funds
to keep up its own expenses. First. it
is Henry Stanbery's buying of scrip at
market price; then Aliens land specula.
ton at Defiance, in which Gov. Wood
figures as one of the principal actors,
then sirteen dollars paid for papers ai
the Ohio Penitentiaryi then the Galphin
claim which was paid under Locofoco
resolution; then the Gardiner claim, a.
bout the justness of which the Eagle
knows nothing; and at last, all the rest
having failed, it copies the above with
comments worthy of one who knows he
has bad cause to sustain. Now see
; how plain case this is, and how well ii
speaks for the good sense and sound in
tegrity of the Wing State Auditor. We
copy from the Ohio State Journal:
"Speculatio1S in Funds ofthe State. by
State o6fcers. If there is anything that
should awaken the voters of Ohio, it is
the statement that heads this article. 1t
} has been asserted land that assertion re-.
, mains uncOntrddicted) that certain Wig
faihfals in Ohio have been engaged in
the nice speculation of IOaaiag State
Funds to a certain railroad company
. We hope for the honor oflhe State there
s is some error in this statement, and would
like very much to have il cleared up"
. So writes the Springfield and Urbana
, Exposition, paper that dspenses diluted
, patriotism and pure humbuggery to the
! Locnfocos of Clark and Champaign
y counties. Let US put this miserable, dis
j tressed man out of his pain.
q Last winter some equally pure patriot
| in the Senate 1--WE think Mr.. Myers,) in
troduced resolution calling on the Au
u ditor of State to answer certain interrog
n atories touching the disposition Of the
it public money To this Auditor Wood
g promptly responded. and his respons,
can be found amongthe public document
: of the Senate at the last session. AL
n the facts in relation to it can be found il
g the report of the Fund Commissioner
r. Documents of flS50-5l part 1, page 500
If 1t is very short and very easily under
stood story.
y In December, 1851, the sum of ST.,
n 429 ,9Sl of the per cent. loan become
due. The surplus revenue fund wa
% pledged to paya tINs1 ap. A call wa
', made for the payh'eNo bis fund to tn
State. 1t has been dohe nstallment
So so that the borrowers would find it NOR
'e convenient to pay up. The Fund Com
in missioners were prohibited from payin
n. more than the par value of this pc
cent. stock and as it has been abort pa
for several years-thanks to the pru
=" dence, ability and honesty ofthe Wing
IS who have controlled the finances of tn
" State--it became impossible for them I
~ pay out this accumulated surplus reve
l., nue. fund to extinguish this debt befor
y it became due. What should they d
O. with III Keep it locked up in the treas
IN ury for year or two doing good to nc
h. body? Put it into the banks for SAT
" keeping, and let them have the use of
all this timel Loan it out on their pr
j rate account to persons and put Tie "a
r terea thereon into their own pOcketSl c
10 loan it out to good. responsible comp'
IS MES. for the purpose of completing som
ct Of the great public roads of the State, I
- per cent interest, paid to the State. an
3 paid too principal and interest in Ne,
10 York city. on the lst of January, 1855
70 when aud where this stock became due
r. Will the E1positor tell us which {
~ these plans Locofoco Auditor woul
have pursued. John Woods, and tn
~ Wing officers put the money into SAT
ht hands, where it is drawing the State Sc,
g. en- per cent. Every collar of the iuterer
r. is now accounted for. and goes to esse
n. the taxes of the people of Ohio. Th
n sumo six hundred thousand dollars ha
il. been thus deposited. as is shown by tn
Auditors report. and in one year thi
of brings in the snug little sum of forty'tw
-. thousand dollars.
Remember, this sum of 100000
'e could not be used to pay off the debt, be
s. cause it was not yet due, and becaus
Wing 6nanciering had put and kept thi
stock dbopc par 1t could not bo use
~ ~ for ordinary purposes, because the la'
;" expressly set apart this fund for the pay
=" 70 ment of this particular debt.
w We will remark that, under LOcof0c
y rule, the records nowhere show any az
at count where the State has received an
d interest for any OF its funds. A righ