Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1857-06-27
THE GREAT DEFALcArIoN IN OHIO.

The Columbus correspondent of the Sandusky
Register writes as follows
One thing thus far is apparent that John G. Bresn
late Treasurer of State had acquired possession during
the last year of his of Office of large amounts of
money, which, the law then stood, authorizing the
Treasurer of State to draw county treasurers for
portion of the State taxes collected appeared be-
not required appear charges against him on
the books of the State Auditor In these amounts thus
drawn from the counties lies the immense defalcation
just developed and in endeavorng with the most honest
motives to secure TO the State the amount withheld
from the Treasury by Mr.. Bresn, his successor Mr..
Gibson after hdUang secured The payment of three hun
dred thousand dollars of this default has fallen victim
to misplaced confidence in the word of his predecessor
Mr.. GIBSON, the late Treasurer, publishes in the
Thin Tribune statement, from which we take the
following
My predecessor failed to pay what he owed the
State by very large He paid what the accounts
showed against him, but failed to put me in funds 10
meet receipts which he had given county reasurers
These were legally binding the State, and was
PEELED to receive them cash. When Mr.. Breslin fail
edto put me in possession of the funds should have
made it public. My kindness of heart, which with me
amounts to positive weakness led rely upon his
assurances and say he had paid all except two hun
dred and four thousand dollars reported This was my
great and only 1t may have been wrong /
found impossible to obtain the from him. and
twas then manifestly proper that should resign and
invoke legal examination. Its result will soon be
known, and by it must abide
!" No one has ever suffered by me- shall they. 1
rely upon full acquitta from pecuniary liability the
State, and for just Conscious of wrong my
SELF am not excited, will despond. viii devote
my life to extricating myself from this misfortune.
could wish my friends felt greater modification than
myself shall not leave home and country"
We extract the following from the Cincinnati
Gazette
SC 1t was quite inadvertently said by contemporary
that there difficulty in paying the State interest and
there might be called session of the Legislature So far
from this being true, there time when The
Fund Commissioners of Ohio could not borrow half
million dollars at days notice. But in this it
only necessary TO borrow comparatively small sum-
The amount of interest due is about $4,000. OF this
S26OeO0 had been deposited in New York ready to meet
the interest Only about $780, 600 remained to be bor
rowed and for this the State has offers from three
different sources and might have in many The
only question is the rate of interest The Commissioners
and will get the money at the lowest of interest
They could borrow it their responsibility, but, if
necessary, have sufficient good coateras to it.
Not only is the interest secure but all the ordinary civil
expenses of the State government will be paid in the
usual manner. The Governor has acted promptly in the
case and nothing will be omitted necessary discover
or secure the missing money"