The Davenport daily gazette. [volume] (Davenport, Iowa) 1856-1869, 1856-07-26
Alarming Facts for Tax Payers.

The Developments made by the lnvesti-
eating Committee of the Legislature, as
published in Fridays Republican, are most
astounding. They ought to 60 on the wings
of the wind to every quarter of the State,
and be in the hands Of every taxpayer be-
fore the day Of election. We trust that our
friends of the Iowa press, will give publicity
TO them without days delay. As already
stated, the Committee was equally divided
politically. II was composed OF leading
men of both political matte, aud unem
sta, emsuts, therefore, are beyond even
the suspicion OF party bias. They ought to
be published by the Administration papers.
Such publicity 10 due to their readers; but
because Dr.. Eads is a leading partizan of
the Administration, and 10 spending time
and money in electioneering, instead OF de-
voting his attention to the duties OF his Of
fee, they are silent as the grave. Even
the grossest Observation-Disclosures is to be
suppressed, because it may possibly operate
against the party.
The Committee, after mature investiga-
ton, reach the following among other equal
v astounding CONCLUSIONS
/. That the sum of ONE HUNDRED
THOUSAND DOLLARS Of the public
money entrusted to DR.. Eads, lie missing,
| for which there is no voucher to be found
in his Office! They have his assurances
that the money has been loaned in his o,on
name, but no evidence Of the fact.
2. That while the Legislature was in
session, and acting in reference to the fund,
he was so reckless as TO loan out money on
long credits, without security, in manner
that ano private individual would for mo-
| mept tolerate" It is the general belief
that the vouchers for these loans, were got
up to prevent the exposure of an absolute
deficiency.
8. The Committee declare DR.. Eads
grossly culpable in neglecting to apportion
the fund equally among the Counties fthe
State, as in duty bound, instead Of loaning
it out to personal favorites, and place it for
long time beyond the reach of the State,
If indeed, it is not irrecoverably lost.
a. The Committee find gross inequali-
ty 10 the spportionment of SO much Of the
fund as is said 10 have been spportion ed to
the several counties. For instance, Lee
county ie said to have received $4,000
while Dubuque, Des Moines and Mahaska
-populous ounties-received but trfling
| sum.
! s. The Committee, in view of all the
facts developed. declare "the utter incapa-
city Of the present Superintendent of Pub
lie Instruction to manage the School Fund
with that judcious care which the interests
Of the State and their proper prote ction de-
mand."
Inview oil the character Of the Com mittee,
and oil the facts, this report lie whitening
\ L
| ed, the office would be instantly vacated
How much loss the people of Iowa are ul-
timately to sustain; how much of this much
needed school fund is buried up SO that it
cannot be used for Year,, if ever, are gses-
tons il is now impossible to answer. Ac-
cordng to bis own showing before the Com.
mittee,-statements TO q considerable ex-
tent, unsupported by vouchers,-of three
hundred thousand dollars received by DR..
f., he has paid out where it belongs but
$4,000; while there was found in his pos
session but $4,000; which was instantly
withdrawn and placed in the Treasury, by
order of the Legislature.
/ ny what authority, men will ask, was the
money loaned TO A. b. G.. We answer,
that there was not q shadow Of authority
for the act How does it happen that the
chief loans of the Superintendent are to a
creature of his own, at Fort Des Moines,
who is engaged in private speculations for
him.
But, we have not time to pursue this mat
ter further. Our desire lie to secure public
attention to the report. The facts should
be pondered by every taxpayer, before he
deposits his vote at the coming election
Iotoa City Republican.