Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1857-08-13

appropriations bad been made by the Locofocc
4 Legislature TO lquidate and cancel.
4 Then Mr.. Morgan speaks about the sinking
e fund and Mr.. Kelley's law, (which be quotes !
section, relating to the sinking fund; bat no one
knows better than Morgan that in fact there was
no sinking fund in existence. 1t had all been
squandered, and bis books show that when be Ief.
bis Office on the 18th Of January, 1856, that he
t bad OVerdrawn on the sinking fund tapo hundred
E'oaSaRd dollars. Itwas afterwards discovered
that there was mistake in bis accounts to the
amount of one hundred thousand dollars, which
et the balance Of bis Overdrahs upon the sinking
fund, just one hundred thousand dollars.
Such was the state Of the Treasury when the
Republicans came into Office. There was no mo-
ney in the Treasury, debts bad been contracted Of
rising six hundred thousand dollars without au-
authority of Law, and the payment Of which had
to be provided for by the Republican Legislature.
Take for instance our public works. The expen.
ditures upon tbs canals the year preceding the
exodus from Office Of Medi Morgan, Bresin, dc,
was S42s,258,7s, Of which only $500, 1886
had been paid, leaving deficit of l3S,O9O,Is,
for the Republicans to pay. The other debts eft
by that beautiful Locofoco administration, were
about S4700o0. What was 10 be donel Tie
Republicans passed law to "transier temporari-
" one hundred and fifty thousand dollars from
the sinking fund to the canal fund, or 50 much
thereof as may be necessary to meet the demands
on the canal fund, until the funds applicable there.
to shall be paid into the Treasury" (See page
2O4 of the laws 1861 This act was passed
April 0, 1856. Mr. Keley's new Treasury Law
was passed the day previous, on the sth. On
April lIth, the general appropriation bill was
passed. In the Sd section of which (See page
IslO,) the Auditor was empowered to transfer
from time to.time, as the same may be required,
from the sinking fund tot the general revenue not
exceeding in oil the sum of FIVE hundred and fifty
four thousand eight. hundred and nine dollars and
thirty-two cents This was to pay the out'tand-
ing Locofoco debts, contracted without authority
flaw by the administration of which Medill, Nor.
gan aud Breslin, we've the three shining lights
which adorned its temple.
These laws have been strictly complied with,
and the Republicans have already paid over half
million of these debts, aud there are over one
hundred thousand dollars yet to be paid, and
which will be as soon as the Auditor and the 1T
torney General have had time to examine into
and adjust them. It can easily be seen then that
Mr.. KeIleys law, section of which only Morgan
quotes, was in manner controlled, so far as the
sinking fund was concerned, by the statutes we
have in part quoted, and which were passed sub
sequently to the former, and that it required all
the financial skill and mental acuteness of the
auditor TO carry them out, pay off the Locofoco
debts sustain the credit of the State and bring in
some degree order out Of chaos. In addition to
all this enormous pile Of debts, left as legacy
to the Republicans by Morgan, Med and Breslin
came to the defalcatons and losses of the public
money. 81 that when we consider the whole of
1.-The facts, the debts and the defalcations Of the
Iedill and Morgan dynasty, the marvel is as
great how the Republicans carried the ship of
State over all the sunken rocks and hidden quick
sands which envroned her, safely into port, as the
impudence and mendacity Of Morgan is transcend
ent and sublime.
In conclusion, we can assert without fear of con-
tradiction, that the great body of the laws hav-
ing bearing upon the question of the State f.
nances have been complied with to the letter by
the Auditor and Governor, and nothing can be
more clear than this, that, had Medill, Morgan and
Breslin been reelected in 1856 over their Repub-
Iican opponents, the State of Ohio would have
been declared bankrupt, and it would have been
declared impossible to have paid the interest on
her debt. As it now is, under the rule of the
Republicans, every difficulty has been overcome,
and Ohio stands to-day with her credit untarnish-
ed, her faith unshaken, ard her good name unsul-
lied. Like the Isrelitish children, she has pass
ed through the heat of the fiery furnace, aud has
come forth without even the smell Of smoke upon
her garments.-O. S. Journal. ..
Il -S-
PRACTICAL BLACK REPUBL1CANlSM.
In the early part Of last evening cOlOred indi'
vidual entered the clothing store of Mr.. James
McNamee, on Broad street. while Mr.. NJ. was at
tea, and attempted to appropriate to bis own use,
awithout money aud without price, " pair Of
Il A.. Al. voeiS in